Business functions are the procedures which allow the company to function. They encompass a wide range of tasks, from human resources to finance, and even marketing. They help companies achieve their daily objectives as well as generate revenue, and ensure that the business remains operational.
When departments or teams can clearly define their business objectives they are able to comprehend the nature of their work. This helps them avoid inadvertently encroaching on the work of other areas. This helps them manage their resources and workflow better.
For example If your business sells physical products, you will likely have multiple departments responsible for handling the manufacturing process. You might require departments for shipping, customer service and logistics. Each department should be able to work together to deliver the final product and services to your customers. It is important to design an accountability chart which outlines the roles of each department and the areas of their responsibility. This will help you identify clear business functions and limit the possibility of overlap.
You can make org charts and accountability charts by using tools like Functionly. They show the key business functions, along with the roles of employees that are associated with those functions. This helps you to better manage your team and decrease duplications of effort. It also helps you remain flexible in adapting to market shifts. If a certain task requires the expertise of several departments, putting together teams of cross-functional experts to complete it is a good idea. Your business will be able to respond more efficiently to market changes and meet its strategic goals.
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