An efficiency specialist helps companies become more profitable by identifying inefficiencies and recommending solutions. They may work for a consulting firm or as an independent contractor, analyzing communication structures and task descriptions to increase productivity. A bachelor’s degree in business administration, economics, psychology, or finance is typically required.
An efficiency specialist helps companies become more profitable by improving one or more aspects of their company’s organizational structure and development plans. She is generally thought of as a business consultant who specializes in identifying a company’s inefficiencies and recommending solutions. Areas of concern can relate to any area of the company’s operations.
A person in this position may work for a large or small business consulting firm. Large companies sometimes have an efficiency specialist on staff as a full-time employee. The position may also be filled by an independent, self-employed contractor. The companies he works for can range in size from small to large, although most have at least ten full-time employees.
Immediately after being hired, an efficiency specialist typically meets with the company’s leaders and managers to assess the organization’s strengths and weaknesses. In addition to referencing documents that reflect profit, loss, and investment, the expert typically relies heavily on the verbal sincerity of company leaders. She typically needs to be aware of all areas of concern, real or perceived, in order to accurately identify problems and recommend solutions.
After a satisfactory amount of information and facts are provided, an efficiency specialist usually proceeds to analyze where a company’s effectiveness is failing. One of the most common areas of inefficiency is found in the company’s overall business communication structure. The other typical area that needs reform to improve efficiency is recategorizing or restructuring tasks and task descriptions.
Many companies suffering from inefficiency can trace the problem to poor and unclear oral and written communications between employees. An efficiency specialist will often find that management and staff are often working towards different goals without her knowledge. She may also find that employees considered to be on the same team have different goals and are unaware that their efforts can be canceled out by one another and accomplish nothing. To merge these divergent paths into one that leads to overall company success, she typically recommends corporate learning programs to improve communications and increase productivity.
Clearly defined responsibilities also increase the company’s efficiency. An efficiency specialist will often find job descriptions for very different jobs that duplicate or have a significant number of the same tasks. Efficiency in each department and the company at large shows remarkable improvements when duplicate efforts are eliminated.
This position typically requires a bachelor’s degree in business administration, economics, psychology or finance. Many companies prefer advanced degrees in these subjects. A selected candidate’s resume will typically include accomplishments in business analysis and consulting.
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