A lot of companies are implementing a lean daily management system to develop a lean competitive advantage, but then question if what they are doing is really lean. Some people think applying lean is like applying six sigma. But, Lean is not like six sigma. So how do you know when you have gotten lean? In other words, what are examples of a lean company? Here are ten simple ways to tell how lean you really are. Continue reading What are Examples of a Lean Company?
Efficiency and productivity go hand in hand, so it is worth reviewing some of the core policies, tools and operational processes within your business if you want to bolster both of these aspects. What is an example of streamlining a business? Continue reading What is an Example of Streamlining a Business?
There are many ways to build a competitive advantage, but using Lean will get to the core of your business and its ability to generate cash efficiently. Lean thinking is not a set of tools, a set of procedures to follow, or a series of logical steps. Lean is a thought process, a culture, and belief system. So the most important thing is how to change the thinking in your organization so that lean happens. This article is about how to create a lean competitive advantage.
When you are running a successful business, you are constantly facing the challenges of making the right choice, which is often based upon certain risks and educated guesses. Still, it is always safer when you know the pros and cons of every decision! The most efficient solution is to improve your education all the time and embrace all the latest as you cleverly analyze the options and still stand for what you believe in! Read about how to successfully run and improve your business. Continue reading How to Successfully Run and Improve Your Business
As a result of the well-known events of the past year, which entailed significant economic shocks and transformations, the opportunities for online growth of the e-commerce market has intensified many times over. The previously observed vigorous movement of business towards mastering and developing its brand on the network has become even more active due to the pandemic. What are six effective tips to make your eCommerce business thrive? Continue reading What are Six Effective Tips to Make Your eCommerce Business Thrive?
Do you know how to use the Theory of Constraints (TOC) to drive your performance higher than either Six Sigma or Lean Thinking combined? A constraint is a bottleneck, delay or a barrier to our full potential. The more we can reduce the barriers (constraints) to our performance, the closer we can come to realizing our full potential. How do you use the theory of constraints?sssssssssss Continue reading How Do You Use the Theory of Constraints?
Are you solving problems or improving the process? In other words, if you find a problem in a process and implement change to fix it, then did you improve the process? Well, maybe… Sure, solving problems may be an important thing to do, but it is not the same as improving processes. Continue reading Are You Solving Problems or Improving the Process?
In today’s competitive world of business, it’s vital for companies to find ways to catch up with their bigger competitors. Outsourcing is one of those ways that can help reduce the cost of expansion! The way that has the potential of not only reducing cost in wages paid, but also allowing the companies to focus on the activities that are critical to growing their brand, plus gain faster and better services. Why is outsourcing good for a business?