Companies today, regardless of size, face ever increasing demands for profitability, quality, and technology that contributes to sustainable development. As a manager looking to turn these pressures into a competitive advantage, you need to develop an efficient management system tailored to your business processes and use it systematically to maintain and constantly improve your company's overall performance.
How do companies manage the multitude of challenges they are facing?
They develop processes and performance standards to measure and meet these challenges; they integrate business principles in management systems.
Some companies take a holistic approach, bringing quality, environment, health and safety issues together in a single system. However, many companies do not extract the full value from their management systems because they are generally perceived as a tool to maintain status quo rather than a means to manage change and improvement. Yet an effective management system must add value to the business, essentially by doing things better, cheaper or faster as the system matures and develops.
The main management system standards emphasise continual improvement. Implementing a management system gives you the opportunity to focus on optimising the areas that matter most to you and your stakeholders. Why implement a management system?
Implementing an effective management system can help you to:
- Manage your social, environmental and financial risks
- Improve operational effectiveness
- Reduce costs
- Increase customer and stakeholder satisfaction
- Protect your brand and reputation
- Achieve continual improvement
- Promote innovation
- Remove barriers to trade
- Bring clarity to the marketplace
By using a proven management system you're able to continually renew your mission, strategies, operations and service levels.
The best businesses work as complete units with a shared vision. This may encompass information sharing, benchmarking, team working and working to the highest quality and environmental principles.
A management system helps your organization to achieve these goals through a number of strategies, including process optimization, management focus and disciplined management thinking.