LPEA - Luxembourg Private Equity & Venture Capital Association’s Post

🤜 In LPEA Tech Club's latest guide on 'How to get the most out of technology', we explore how firms can optimize operations through actionable steps. Today we will deep dive in: Step 1: Assess and optimize existing processes Interview employees on different teams and seniority levels to understand their current processes:  -What’s critical and cannot be disrupted?  -What’s inefficient and can be improved?  -What do you want to achieve but cannot today? Review business processes, crystallize your vision and goals, and identify the highest priorities. Don’t try to take on everything at once - break them down into small, actionable projects.   Re-design high-priority business processes that can be optimized without making changes in technology, as implementing new technologies to an inefficient process will not solve the underlying problems. Once superfluous or inefficient steps have been removed from processes, focus on technology. All the next steps are available here: https://lnkd.in/eG-cbbRA

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