Create and Organize Your SOPS With This Template
Categories: Blog, Operational Effectiveness, Time Management
What if one of your key employees didn’t return to work tomorrow? Is your firm prepared to operate seamlessly? Probably not, unless Standard Operating Procedures (SOPs) are in place and the systems and processes have been rehearsed.
Standard Operating Procedures replicate best practices by describing detailed instructions on specific work processes. Clearly defined SOPs will decrease operating costs, reduce errors, and wasted time. SOPs are living documents that position your firm to succeed amidst chaos that accompanies natural disasters, employee loss, vacations, or illness and need to be available to all members on your team.
The Basics – How To Create SOPs
Creating SOPs isn’t as hard as you think and the payoff is vital to ensure uninterrupted operations for your firm. Use the three simple steps below to get started.
– Identify who will manage the project. This person will be in charge of coordinating, tracking results, testing, implementation, and the completion of the SOP manual.
– Determine who will be involved in the process. Typically, it is best to have each employee record every task they perform on a daily basis. Manage the process by starting with daily tasks and then move to monthly, quarterly, and annually.
– Each employee should document the following for each task:
-What supplies and resources are needed
-Where the task will take place
-When the task is performed
-Qualifications or training needed to perform the task
-Step-by-step instructions to complete the task
Download Ironstone’s Standard Operating Procedure Template to get started.
Operating Procedures will provide clarity for your team and allow employees to readily assume responsibility of assigned tasks. Align SOPs with job descriptions, new hire and employee training, and performance management or evaluations in order to consistently promote best practice procedures.
A Few Tipping Points
– Test each SOP prior to implementation
– Schedule bi-annual or annual reviews of the SOP to identify updates, gaps, or changes
– Upon completion, use a three-ring binder with sheet protectors to house your manual and include a table of contents
– Consider onsite and offsite storage of your SOP manual
Still need some help? Let us know what questions you have about strategic planning, business development, operational effectiveness, the human element at your firm, or whatever is on your mind! Leave us a comment or contact the Ironstone team.
Photo courtesy ©iStock/Getty Images/Thinkstock
Copyright ©Ironstone 2014. All rights reserved.
We would love to hear from you!
Thanks for your inquiry!
We will be contacting you shortly. In the meantime please feel free to connect with us on social media and explore our blog posts.
Ironstone understands the importance of protecting your privacy. We will not sell, rent or give your name or address to anyone.
Latest Blog Article
Business Dining Tips: How to Wine and Dine Your Way to the Deal
Advisors and business professionals at all levels have long-held the notion that wooing prospective new hires and closing a deal over lunch is extremely effective. However, I am thrilled to tell you there is now evidence to support this belief, according to Lakshmi Balachandra, a Harvard fellow. Inside the Dining Research Ms. Balachandra’s work subjected […]Read More>