Business Tips

Cost of Rework

Many companies have experienced some kind of “rework,” but what exactly does this refer to? REWORK = FREE WORK Rework is when you pay twice or more to get the same output. If a widget costs $.25 to make and you had to do it twice to get it right, then your cost just went

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The Most Effective Way to Minimize Downtime in Manufacturing is…

The Most Effective Way to Minimize Downtime in Manufacturing is… #1 Do Not Plan for It: Sounds obvious but it’s NOT.…  Too often management fails to assign enough work for their employees.  They tend to underestimate how much work someone can actually achieve when completely focused and working against the clock.  In some cases, employees

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Quick Insight: Effective Business Strategy! 

Quick Insight: Effective Business Strategy! After reading hundreds of business strategy articles and biographies of many successful people I have concluded that the best strategy that serves many great leaders is actually straightforward:   Select the right team Challenge your team to develop an aggressive but S.M.A.R.T Plan of Action Provide the right setting and

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Trust but Verify: How the Truth can be Eroded at Every Layer of Management

Trust but Verify: How the Truth can be Eroded at Every Layer of Management It’s true that some leaders live in the clouds of management and their view of the ground (aka production floor) is often blurry and distorted.  Perhaps they are missing the red flags being waived as a project falls behind schedule, perhaps

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