Industries

Inefficient work methods and organizational misalignment can be an anchor that drags down productivity and profits. Is your business operating with the most efficient processes?

Effectiveness challenges
Today’s extremely competitive financial industry requires optimum operating performance. However, the daily activities of many organizations follow outdated and ineffective procedures.

But because organizations are faced with constant deadlines, they find it difficult to identify redundant or inefficient processes. A performance improvement plan can help your organization cut costs by fine-tuning performance.

How we can help
The experienced professionals at RSM McGladrey carefully analyze your organization to help you become more efficient and effective, from the team and departmental level to the overall organization. And because we communicate with you throughout the project, management has the opportunity to review our progress and findings.

Our approach to process improvement often includes the following elements:

• Process improvement analysis: A thorough performance improvement analysis identifies inefficient or redundant activities, delegation or cross-training opportunities, and other workflow improvement strategies.
• Work measurement analysis: Our work measurement analysis includes everything from collecting key staffing volume and expense information to in-depth interviewing of staff members. This analysis enables us to provide an accurate assessment of your utilization by determining the number of full-time equivalent employees necessary to perform the required workload in each of your departments.
• Technology assessment: Our bank advisors work with specially trained bank technology professionals to assess your use of technology. This enables you to leverage the full capabilities of your information systems.

As a result of our analysis, we produce a report that includes specific recommendations for improvement, including an action plan for implementing each recommendation. We also provide estimates of annual cost reductions and labor savings.

Our solutions are designed to provide clear-cut, organization-wide staffing and utilization models that can be used for future analysis. As your work volume changes, use our models to easily compute the total hours required per position.

Why RSM McGladrey
RSM McGladrey, a provider of financially focused business services to midsized companies, understands how difficult it can be to assess the operational processes of your business. With this in mind, our services are designed to provide you with cost-effective and timesaving ways to meet your business objectives.

And because many of our advisors are former bankers, we have a clear understanding of your industry and are able to help identify the obstacles to your success.