Steps and Success Factors for BDP Analysis PPT

This PPT slide, part of the 43-slide Best Demonstrated Practices Analysis PowerPoint presentation, outlines the process of conducting a Best Demonstrated Practices (BDP) analysis, detailing key steps and success factors. The process begins with selecting comparable organizations, which is crucial for ensuring that the analysis is relevant and meaningful. The organizations chosen should ideally produce similar products or services and operate under comparable conditions.

Next, the slide emphasizes disaggregating these organizations into major processes. This step is vital for understanding the specific areas where best practices can be identified and implemented. Following this, the construction of a first-cut BDP allows for an initial assessment of practices across the selected organizations. An adjusted BDP is then constructed, taking into account various uncontrollable elements like labor rates, which ensures that comparisons remain valid.

Quantifying the impact is a critical step, as it translates findings into potential revenue increases or cost savings, broken down by unit and process. This quantification helps in prioritizing areas for improvement. The phrase "Peel the Onion" suggests a deeper dive into leveraged areas, focusing on those with the highest potential for impact.

The development of an action plan follows, which outlines specific targets, schedules, and responsibilities. This structured approach ensures that all levels of the organization are engaged and committed to the BDP initiative. Finally, implementation is highlighted as a key phase, where communication of goals and celebrating successes fosters a culture of continuous improvement.

Overall, this slide serves as a comprehensive guide for organizations looking to optimize their processes through a systematic BDP analysis.

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Best Practices Continuous Improvement Best Demonstrated Practices