How Difficult Is It To Run A Business? Many people run successful businesses with few or no qualifications and so it got me thinking – How difficult is it to run a business? If you look at all the management books, videos, courses and all the other material out there…
Small And Medium Sized Businesses Are Not Little Big Businesses Looking at the way smaller businesses are treated it got me thinking – An SME is not a small version of a large business and so should be looked at differently. Especially in the modern business environment the SME is…
In Lean terms the Waste of Motion is defined as ‘any unnecessary movement of people, equipment or machinery’. An example which is often offered is the motion of people to and from pieces of office equipment, for example one central printer. Far better, says Lean theory, to put a small…
If cash flow is the life blood of a business then inventory is the oxygen that flows through the lungs of the business. Too little oxygen and the business will die. Too much oxygen and it will die. Inventory, or stock as we used to call it, is seen as…
Is Employee Transport Waste The Big Sin? As we discussed in the previous blog the first letter of TIMWOODS stands for Transport and is an important area to consider when considering waste within the business. As we move to net zero TIMWOODS Transport Waste is likely to be one of…
The elimination of waste has to be a good thing but do the old definitions fit the modern world? Practitioners of Lean techniques spend much of their time on the elimination of waste. Waste in Lean is defined as anything in the business for which the customer will not pay…
How To Use A Traffic Light System To Eliminate Waste In the Lean System a definition of waste is “anything for which the customer will not pay.” Whilst I quite like this definition I think it is too broad to enable sensible analysis of what is really happening and what…
The Definition Of Work Needs To Change If you go to the dictionary the definition of work is: An activity involving mental or physical effort done in order to achieve a purpose or result or: A task or tasks to be undertaken. I don’t like these definitions as gardening or…
The Four Day Week & Thirty Hour Challenge Has The World Of Work Really Moved On? I was recently reading an article on my FlipBoard feed about a group of politicians including the former UK shadow chancellor John McDonnel suggesting that a four day week would help deal with the…
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