Management Strategies

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Business Efficiency: Measurement System Analysis

Measuring the wrong data when you are looking at business efficiency defeats the whole point. Measurement System Analysis (MSA) keeps your measurements honest, accurate, and expected. [more…]

How to Store Business Data

When you plan a business efficiency project, you need to know what you’d like to measure and how you’d like to go about measuring it — but where does all that data go, exactly? Depending on your business [more…]

Should I Archive Business Data?

Any good business efficiency project plan will involve measuring and storing data. Do you need to invest in archiving data? Although it’s certainly possible to convert just about any existing files, whether [more…]

Balanced Scorecard for Business Efficiency

The Balanced Scorecard methodology helps business efficiency by giving equal weight to four distinct areas of business: customer needs, internal knowledge and education, productivity, and finances. A “balanced” [more…]

How to Use Lean for Business Efficiency

A Lean business is one that maintains an unrelenting focus on providing customer value and an unwavering disdain for waste. Just what is waste — known, in Lean parlance, as [more…]

Use Total Quality Management for Business Efficiency

One part of measuring and implementing any business efficiency plan is quality. Total Quality Management, or TQM, shines the spotlight on quality. In a TQM organization, every product, marketing piece, [more…]

The Easy Way to Increase Productivity and Cut Costs

Methodologies for business efficiency such as Lean and Balanced Scorecard can create real, lasting efficiency improvements in your organization, and you should try one [more…]

What Is Business Efficiency?

An effective strategy for implementing change in your business means making the choices and adopting the tools and processes that generate the best results at the [more…]

Business Efficiency: The Six Sigma Formula

Originally codified at Motorola in the 1980s, Six Sigma is a business efficiency process that relies on quantified performance measurements and a strong managerial team and buy-in. The term [more…]

Business Efficiency: Agile Project Management Overview

Agile is now an effective approach you can adopt for business efficiency projects in most any industry. Originally Agile was developed to address the pitfalls of traditional project management when applied [more…]

Business Efficiency: What is Lean?

Born at Toyota, Lean is a lighter, leaner business strategy to achieve wanted results. A Lean process for business efficiency is ruthless about getting rid of not just errors, but also steps, processes [more…]

Business Efficiency: What is Balanced Scorecard?

Balanced Scorecard was developed as a more effective strategy of implementing business efficiency — instead of focusing on financial measurements, Balanced Scorecard is a more holistic system of metrics [more…]

Business Efficiency: What is Kaizen?

Kaizen is not a one-time planned business project but rather an approach to increased productivity that places the focus on greater efficiency. A Kaizen workplace puts people first — in pursuit of eliminating [more…]

Business Efficiency: What is 5S?

Unlike the other methodologies for business change that can be applied to a variety of scenarios within an organization, 5S is only concerned with increasing productivity by enhancing your physical workspace [more…]

Business Efficiency: What Is Total Quality Management?

Total Quality Management (TQM) is a business strategy that actually preceded Lean, and much of its focus on waste-reduction, continuous improvement, and the elimination of defects has since been rolled [more…]

Business Efficiency: Three Quick Tips for Time Management

Time is often your most precious resource, because lost time can never be restored and the amount of time any given person is available — no matter how much caffeine she may consume — is quite finite. [more…]

Get Human Resources Involved in Business Efficiency

Functional departments like human resources are often left out of efficiency-enhancing discussions and brainstorming in business, because they seem like a static resource as opposed to an internal team [more…]

Manage Your Business Team More Efficiently

Efficient management of a business means every task is executed on time, the first time, and with no duplication. Getting a team to increase productivity to this point requires clear communication tools [more…]

Business Efficiency and Technological Resources

Technological resources can help any business or organization become more effective. There are some overarching resources that most any business can use to increase productivity and decrease waste, including [more…]

Sample Background Information Segment for a Business Change

Below is a sample execution from a real business efficiency project, involving upgrading a manufacturing company’s Customer Relationship Management (CRM) software. [more…]

Expand the Scope of Change in Your Business

When you first begin a new project for increased productivity in your business or organization, you want to be careful of “scope creep” — which is what happens when seemingly small additional results or [more…]

When Your Business Efficiency Project Fails

Risk is an unavoidable part of every new business strategy project, whether the end goal is increased efficiency, savings, or even if you’re setting out to find out what is [more…]

When Your Business is Efficient Enough

Projects to increase productivity and efficiency in your business have diminishing returns in cases where you can never eliminate that inefficiency entirely. For example, if you achieve a Six Sigma improvement [more…]

The Pros and Cons of Process Automation

Automation in and of itself is not necessarily efficient or even the right choice for your business or organization. The choice to automate a given process or task should always go through at least a basic [more…]

Requirements for Automating a Business Process

Automating a process in your business starts with understanding the process as it currently functions. When you know (and have documented) your current business processes like the back of your hand, you [more…]

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