There are thousands of unusual businesses to start out there that are not only profitable but that are also, believe it or not, legal in many countries. They range from (sometimes wacky) business ideas that are right under your nose to ideas that will make you shake your head wondering “who would have thought of that!” Continue reading What is an Unusual Business to Start?
There are many differences between a policy, process, procedure, SOP, or work instruction. Here we explain the differences between policies, procedures, processes, and how each are used in a business setting.
Have you ever wondered if your organizational structure is hurting your process improvement efforts? Well, chances are your organization chart is having a dramatic effect. It’s not so much your org chart or structure that is the problem but rather the issue is the evolutionary process that your organization has gone through to produce your chart. Continue reading Is Your Business Organized for Process Improvement?
As a manager, your span of control is simply the number of employees that report to you directly. Competent workers should have little need for managers to guide them. So, span of control is inversely proportional to subordinate competence, trust and layers of management. Do you know what it means to align your business by product flow? Continue reading What Are the Benefits of Product Flow Alignment?
Policies and procedures define your processes, are a part of deploying your strategy, and identify what is important to the business. ISO standards require certain processes as critical elements to improvement and a working management system. Yet, how often have you contemplated your policies and procedures strategy? Continue reading How to Create Policies and Procedures Strategy
If brick and mortar stores are the biggest losers in the ongoing coronavirus pandemic, the biggest winners have to be online stores. Online shopping is booming right now. Continue reading How to Launch an E-Commerce Business
Process improvement is important for change and survival. Does anybody want to change? Your corporate culture represents your readiness and willingness to change before processes can improve. How well does your organization accept new ideas for development and process improvement? How much risk can your organization handle? Why is process improvement important? Moreover, how does your leadership promote change? These simple questions provide the answers to your readiness and willingness for real change management to occur.Your survival may depend on it. Continue reading Why process improvement is important
Guerilla style bootstrapping is one of the most common paths aspiring entrepreneurs take. No matter what kind of business you’re in or whether you succeed or not: everyone respects those who put in the hustle. Bootstrapping is a romanticized idea. But, even though it can help you make it big, it also has its pitfalls. Here are the pros and cons of bootstrapping. Continue reading Pros and Cons of Bootstrapping Your Startup