Stop struggling achieving your next maturity level.
In today’s world many companies are struggling to make the next move in maturity. This applies specially to companies that already achieve level 2 or level 3.
Most companies use basic drawing tools to map their processes. Excel is used to manage risks & mitigating measures. WORD is used to maintain the operating procedures and work instructions. Initially this “lowly coupled chain” is somewhat correct. Completeness is in this set up always an issue; did we cover all regulations & legislations? After the initial set up the chain needs to be maintained. Processes will be updated, new organizational units occur, new business initiatives are developed, new regulations are introduced, additional risks are identified etc etc.
By the lack of overview on what is impacted, where it is documented and how it should be translated into processes, operating procedures, work instructions and supporting IT systems, one thing is for sure. You are not in control. Correctness and completeness are at risk. As a consequence you will not be able to achieve level 4 or level 5 in maturity. You need to spend more effort internally, so you are not able to focus on developing the business opportunities.
Is it all bad news though? No, it is possible to achieve level 4 or even level 5 in maturity. Pre-condition is that you manage your processes, business rules, legislations, risks, procedures and work instructions in a consistent solution. YMTY is such a solution. As you will not be able to jump at once from level 1 to level 5 in maturity, you will have to implement the YMTY solution gradually as well. By doing so, you will move up the maturity scale. So, take control now. Beat the change, before the change beats you!