Business functions are the procedures that enable the company to function. They cover a broad range of functions, from human resources to finance, and even marketing. They assist companies to achieve their daily goals as well as generate revenue, and ensure that the business remains operational.
When teams or departments can clearly define their business objectives and functions, they can comprehend the scope of what they perform. This allows them to avoid accidentally interfering with the work of other people. This allows them to manage their resources and workflow better.
For example, if your company sells physical items there are likely to be various departments responsible for managing the manufacturing process. There may be departments that handle shipping as well as customer service and logistics. Each of these departments must be able to work together in order to provide the best products and services to your customers. Creating an accountability chart which outlines each department’s roles and areas of responsibility is an excellent method to establish clear business functions and eliminate any overlap.
You can make org charts and accountability charts with tools such as Functionly, which show the most important business functions, along with the roles of employees supporting these functions. This helps you better organize your team and minimize duplications of effort. It also helps you stay flexible when responding to market changes. If a certain task requires the expertise of multiple departments, putting together teams of cross-functional experts to complete the task is a smart idea. This way, your business is able to more effectively respond to shifts in the market and reach the strategic goals.