Simply stated, a Lean business is a business that maximizes value while minimizing waste. A Lean business model focuses on improving processes across the value stream to eliminate waste and deliver optimized value to the customer. Read this article to understand the basics of the Lean methodology.
Growing organizations have a common goal: they want to optimize business processes and operations. The Process Accountability Chart is a #bestpractical tool to help business leaders reach this goal.
When a business gets above 50 employees, the organizational structure should be designed to align teams around projects, product groups, industry segments, and geographical regions. This is the start of what is commonly called a matrix organizational structure.
Do you have the right people in the right seats in your growing organization? Moreover, do you have the “right people, doing the right things, right” in your company? And importantly, do you have the right people in the right seats in the leadership team?
These 3 business terms are often used interchangeably. It is important to understand the difference between accountability, responsibility, and authority to be able to implement it correctly in your organization.
One of the biggest challenges business leaders face, is how to deal with a growing organization – how to divide up teams and set clear accountabilities.
Going forward, onboarding remote employees, will be more normal than ever before. But how do you welcome, set up and train a new member of the team who you never actually see in person? Here are a few tips!
New employee onboarding is the process of integrating a new employee with a company and its culture, as well as getting a new hire the tools and information needed to become a productive member of the team. Here are some tips for effective employee onboarding.
How do you as a business leader ensure that you appoint an A-player in each position in your company? This article introduces 4 criteria to hire A-players.
Top talent are employees that are competent, have character and bring a chemistry with them that will help make the team and the company successful. To attract top talent, companies need to use creative ways in their recruitment efforts.
An employer of choice attracts and retains top talent. Not an employer of choice (yet)? Implement these 10 strategies to attract and retain top talent.
Core customer should always be the most important word in your business vocabulary. Because it is the life blood of your company. Therefore, you should constantly be asking: Who is my customer? Where is my customer? How do I reach my customer? Moreover, these are building blocks not only for your marketing strategy, but also for your One-Page Strategic Plan (OPSP).
Branding is all about owning a piece of the mind-space of your target market, whether it’s in your local neighborhood, an industry segment, or the world. As a senior business leader, you must identify the words you own. What are the words that come up in the minds of your core customers when they think about your brand?
The 7 Strata framework will guide you through the strategic thinking for the OPSP. It is a comprehensive framework for creating a robust strategy that differentiates your company from the competition.
The SWT is a must-have tool for senior business leaders, because it identifies the inherent Strengths and Weaknesses within the firm, while also exploring broader external Trends. These Trends go beyond the industry and/or geography that the firm currently operates in.
The Core Purpose of your organization gives ‘heart’ to your company. It answers the question “WHY are we in business”. And the answer is more than that of making money.
If your company is ready to grow, whether by scaling up or through acquiring, it is important to have clear Core Values bedded down. This article focuses on Core Values, where they fit in in the One-Page Strategic Plan (OPSP), the role of the leadership team and the discovery of the Core Values of your company.
Entrepreneurs, business owners and executives often face the challenge of, the faster your company is growing, the harder it is to keep everyone aligned. The One-Page Strategic Plan is the perfect tool to get everyone in your organization on the same page.
A One-Page Personal Plan is a must-have tool for all successful business leaders and entrepreneurs. It helps you keep focus, amidst daily challenges.
A Project Backlog is a tool that gives a single view of all projects in the business. It is a prioritized list of tasks that teams need to work on. Learn more about the value of a Project Backlog in this short article.
