Process Optimization for Management Consultants & Analysts

Process Optimization for Management Consultants & Analysts, available at $79.99, has an average rating of 4.49, with 103 lectures, based on 1283 reviews, and has 5514 subscribers.

You will learn about Optimize process in practice Lower the cost of specific process How to measure the costs of processes What other KPIs matter when it comes to process How to make the process faster Increase the quality of products and services How to make processes more scalable How to select the projects for implementation This course is ideal for individuals who are Management Consultants or Business Analysts or Managers or Analysts working in Strategic Departments or Startup Founders or Controllers or Financial Directors It is particularly useful for Management Consultants or Business Analysts or Managers or Analysts working in Strategic Departments or Startup Founders or Controllers or Financial Directors.

Enroll now: Process Optimization for Management Consultants & Analysts

Summary

Title: Process Optimization for Management Consultants & Analysts

Price: $79.99

Average Rating: 4.49

Number of Lectures: 103

Number of Published Lectures: 101

Number of Curriculum Items: 103

Number of Published Curriculum Objects: 101

Original Price: $149.99

Quality Status: approved

Status: Live

What You Will Learn

Optimize process in practice
Lower the cost of specific process
How to measure the costs of processes
What other KPIs matter when it comes to process
How to make the process faster
Increase the quality of products and services
How to make processes more scalable
How to select the projects for implementation

Who Should Attend

Management Consultants
Business Analysts
Managers
Analysts working in Strategic Departments
Startup Founders
Controllers
Financial Directors

Target Audiences

Management Consultants
Business Analysts
Managers
Analysts working in Strategic Departments
Startup Founders
Controllers
Financial Directors

What is the aim of this course?

In every firm, you have key processes that you have to take care of to stay in business, thrive, and scale your business. You should optimize those processes to outperform your competition, get more customers, and generate higher profits. In this course, I will teach you how to optimize processes in practice and how to estimate in Excel the potential impact of the improvements. I will show you how you can do it either in your own firm or during consulting projects for your customers.

In this course, I will show you different methods that you can use to improve processes. You will learn the following things:

How to optimize processesin practice?
What methods you can use to optimize processes.
What you can try to optimize
How to estimate in Excel the potential impactof the improvements

This course is based on my 15 years of experience as a consultant in top consulting firms and as a Board Member responsible for strategy, performance improvement, and turnarounds in the biggest firms from Retail, FMCG, SMG, B2B, and services sectors that I worked for. We have helped numerous firms improve performance, escape bankruptcy, and conquer new markets as well as customers, by using techniques and frameworks shown in this course. I have carried out or supervised over 90 different performance improvement projects in different industries that generated a total of 2 billion in additional EBITDA. On the basis of what you will find in this course, I have trained in person over 100 consultants, business analysts, and managers who now are Partners in PE and VC funds, Investment Directors and Business Analysts in PE and VC, Operational Directors, COO, CRO, CEO, Directors in Consulting Companies, Board Members, etc. On top of that my courses on Udemy were already taken by more than 224 000 students including people working in EY, McKinsey Walmart, Booz Allen Hamilton, Alvarez & Marsal, PwC, Dell, Walgreens, Orange Citigroup, Cisco, IBM, and many others.

I teach through case studies, so you will have a lot of lectures showing examples of analyses, and tools that we use. To a lot of lectures, you will find attached (in additional resources) the Excels as well as additional presentations, and materials shown in the lectures, so as a part of this course, you will also get a library of ready-made analyses that can, with certain modification, be applied by you or your team in your work.

Why have I decided to create this course?

Process optimization is the bread and butter both for Management Consultants as well as Managers. However, firms usually do not teach the skills and the approach that you need to optimize fast processes. Most firms do not even define KPIs for important processes and do not try to find out the drivers of those processes. Therefore, we wanted in the shortest possible time, to give you the essential tools that will help you optimize processes in practice.

This course will help you become an expert in process improvement. This skill will prove very useful not only in consulting but also later when you become a manager or director or you move on to build your own business. By giving you exposure to real-life cases and analyses I want to improve your skills in process optimization. Thanks to this course, you will know what and how to do, during process optimization projects. You will also get insight into how to create a new process from scratch. We want to provide you with frameworks that will open your eyes to ways in which you can make the firm do things cheaper, faster, and deliver high-quality products and services.

To sum it up, the course will help you become an expert in process optimization on the level of McKinsey, BCG, Bain, PwC, Deloitte, EY, and other top consulting firms. That is why, I highly recommend this course to Management Consultants, Business Analysts as well as Managers, and owners/founders of businesses.

In what way will you benefit from this course?

The course is a practical, step-by-step guide loaded with tons of analyses, tricks, and hints that will significantly improve the speed with which you optimize the process. There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning. Our intention is that thanks to the course you will learn:

How to optimize processesin practice?
What methods you can use to optimize?
What you can try to optimize
How to estimate in Excel the potential impactof the improvements

You can also ask me any questions either through the discussion field or by messaging me directly.

How the course is organized?

The course is divided into 4 sections. Currently, you will find the following sections:

Introduction.We begin with a little intro to the course as well as some general info on how the course is organized
Optimization of in-store processes – a case study.In the second section, we will have a look at a case study in which we will optimize processes in a store. The aim will be to lower the costs of processes so we can have a more profitable business. We will discuss in this section also the main techniques that are useful during process optimization projects. Later, we will use the same techniques to improve other than costs, KPIs
Optimization for other KPIs.In this section, I will show what other KPIs we can optimize during process optimization. Again, we will have a look at the usual suspects such as improving quality, improve capacity, and speed. We will also discuss how to make the process more scalable and reduce friction
Project Selection.In the 4th section, I will discuss different methods of selecting projects. In practice, you will map a lot of potential projects that can be used to optimize the process. You have to select from a huge list a few that give you the biggest potential. We will discuss how to do that in this section.

You will be able also to download many additional resources

1. Useful frameworks and techniques

2. Selected analyses shown in the course

3. Links to additional presentations, articles, and movies

4. Links to books worth reading

5. Additional resources expanding the issues mentioned in the course

At the end of my course, students will learn to…

Optimize process in practice
How to lower the cost of a specific process
How to measure the costs of processes
What other KPIs matter when it comes to the process
How to make the process faster
How to increase the quality of products and services
How to make processes more scalable
How to select the projects for implementation

Who should take this course? Who should not?

Management Consultants
Business Analysts
Managers
Analysts working in Strategic Departments
Startup Founders
Controllers
Financial Directors

What will students need to know or do before starting this course?

Basic or intermediate Excel
Basic knowledge of economics or finance

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: A little bit about me

Lecture 3: How this course will be organized?

Lecture 4: How to deal with Blurry image

Lecture 5: How to reach additional resources

Chapter 2: Optimization of in-store processes case study – Main Techniques

Lecture 1: Introduction to in-store process optimization case

Lecture 2: Workshop – Introduction

Lecture 3: Workshop – the scope of the project

Lecture 4: Workshop – Tools overview

Lecture 5: Lean manufacturing – introduction

Lecture 6: Theory of constraints – introduction

Lecture 7: Queing problem – Introduction

Lecture 8: OEE Introduction

Lecture 9: Workshop – Defining metrics and cost drivers

Lecture 10: Workshop – Optimizing 1 process

Lecture 11: Workshop – Optimizing 1 process – Excel file

Lecture 12: Workshop – Timeline of the project

Chapter 3: Optimization of in-store processes case study – Optimization

Lecture 1: The store and the processes

Lecture 2: Price Change

Lecture 3: Price Change – Calculation in Excel

Lecture 4: Shelf replenishment

Lecture 5: Shelf replenishment – Calculation in Excel

Lecture 6: Advising customers – Introduction

Lecture 7: Advising customers – General solution

Lecture 8: Advising customers – Details and results

Lecture 9: Advising customers – Calculation in Excel

Lecture 10: Cash till and info point

Lecture 11: Other potential improvements

Lecture 12: Process cost estimation by groups

Lecture 13: Summary of all costs and savings

Chapter 4: Optimization for other KPIs

Lecture 1: Optimization for other KPIs – Introduction

Lecture 2: Improve the Quality – General Approach

Lecture 3: Improve the Quality – Case Introduction

Lecture 4: Improve the Quality – Case – Current Situation

Lecture 5: Improve the Quality – Case – Parameters

Lecture 6: Improve the Quality – Case Solution & Comparison

Lecture 7: Improve the Quality – Useful Techqniues

Lecture 8: Zero defect rule

Lecture 9: Kanban introduction

Lecture 10: Kanban in Excel

Lecture 11: Kanban for services – examples

Lecture 12: Continuous flow – introduction

Lecture 13: How not to make continuous flow – sandwich factory

Lecture 14: How to make continuous flow – sandwich factory no kanban

Lecture 15: How to make continuous flow – sandwich factory with kanban

Lecture 16: Continuous flow in services

Lecture 17: Increase the Capacity – General Approach

Lecture 18: Increase the Capacity – Case Introduction (Retailer)

Lecture 19: Increase the Capacity – Current Situation

Lecture 20: Increase the Capacity – Parameters

Lecture 21: Increase the Capacity – Future Situation & Comparison

Lecture 22: Increase the Speed – General Approach

Lecture 23: Increase the Speed – Case Introduction (MRO)

Lecture 24: Increase the Speed – Current Situation

Lecture 25: Increase the Speed – Future Situation & Comparison

Lecture 26: Make the Process Scalable – General Approach

Lecture 27: Make the Process Scalable – Case Introduction

Lecture 28: Make the Process Scalable – Case – Current Situation

Lecture 29: Make the Process Scalable – Case – Future Situation & Comparison

Lecture 30: Reduce frictions – General Approach

Lecture 31: Reduce frictions – Case Introduction (e-commerce)

Lecture 32: Reduce frictions – Current Situation

Lecture 33: Reduce frictions – 1-Click Impact & Comparison

Lecture 34: How to show the process and improvements

Chapter 5: Project selection

Lecture 1: Project selection – Introduction

Lecture 2: Strategic alignment framework – Introduction

Lecture 3: Strategic alignment framework – Case Introduction

Lecture 4: Strategic alignment framework – Overiew of Projects

Lecture 5: Strategic alignment framework – Did we achieved the goal

Lecture 6: Strategic alignment framework – When it makes sense to use it

Lecture 7: Value proposition alignment framework – Introduction

Lecture 8: Value proposition alignment framework – Cases Introduction

Lecture 9: Value proposition alignment framework – Data Available

Lecture 10: Value proposition alignment framework – Overview of Projects Part 1

Lecture 11: Value proposition alignment framework – Overview of Projects Part 2

Lecture 12: Value proposition alignment framework – Solution Summary

Lecture 13: Portfolio decision making – Introduction

Lecture 14: Portfolio decision making – Case Introduction

Lecture 15: Portfolio decision making – Available Data

Lecture 16: Portfolio decision making – Solution in Excel

Lecture 17: Portfolio decision making – When it makes sense to use it

Lecture 18: Bottleneck Framework – Introduction

Lecture 19: Bottleneck Framework – The Process

Lecture 20: Bottleneck Framework – Case Introduction

Lecture 21: Bottleneck Framework – Data for the Case

Lecture 22: Bottleneck Framework – Case – Summary of Projects

Lecture 23: Bottleneck Framework – Case – Analysis of Bottlenecks

Lecture 24: Bottleneck Framework – Case – the Approach to solving the case

Lecture 25: Bottleneck Framework – Case – Project New Format

Lecture 26: Bottleneck Framework – Case – Project Private Label

Lecture 27: Bottleneck Framework – Case – Project Rebranding

Lecture 28: Bottleneck Framework – Case – Project Hospitals

Lecture 29: Bottleneck Framework – Case – Project Marektplace

Lecture 30: Bottleneck Framework – Case – Project Loyalty Program

Lecture 31: Bottleneck Framework – Case – Project Foreign Expansion

Instructors

Asen Gyczew
Expert in performance improvement, turnaround and startups

Rating Distribution

1 stars: 5 votes
2 stars: 12 votes
3 stars: 136 votes
4 stars: 453 votes
5 stars: 677 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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