Employee turnover is an important part of managing business and human resource management. Get it wrong and you can significantly affect the cost of recruiting and retaining your workforce. Various studies suggest that the cost of replacing an employee equates to at least double the salary of the person they are replacing. Think of the…
Improve Time Management Skills & Double Your Productivity
Here’s the big question: How do you improve time management skills? So many people struggle when it comes to time management. For some, just even hearing the words leaves them feeling cold inside. For many, they associate the idea of a schedule or routine with being controlling, restrictive and the never ending feeling of being…
Increasing Workplace Productivity: 4 Steps to Get it Right
Increasing workplace productivity is a hard thing to master. But it can have a massive impact. What would your output and bottom-line look like, if productivity was improved by 10%? What about 20% What about 50% 60%? 100%? The more productivity gained, the more your business and customers benefit. There’s a bit of a science…
5 Business Process Improvement Steps to MAXIMISE Your Bottom Line
Here are 5 business process improvement steps which can change the way you think about selecting process improvements in your business; and how you link them to real financial gains. Now, the hard truth is that most businesses follow process improvement by making many small incremental gains, which often seem quite scatter gun in their…
What is Business Process Reengineering: A Guide for Any Size Business
What is Business Process Reengineering? That’s what a number of business owners ask me often, so I thought i would create this guide to help you understand what it is and how to use it to benefit your business, whether large or small. So, what is business process reengineering? It’s simply a tool that looks at…
Smart Goal Setting Examples – 37 Of ‘Em For You To Steal!
Here are 37 smart goal setting examples to help you copy, paste and amend to suit your needs. SMART goals are simple to describe, but often, harder to create in practice. For this reason, think of the following SMART goal setting examples in this article, as a swipe file you can use for your needs. I…
The Histogram Graph – What it is and How to Use it
In order to explain what a Histogram graph is, it is worth understanding what a frequency distribution is, as the two are mutually exclusive. A frequency distribution records the number of times each value occurs in a sample being studied. A Histogram is merely a way of showing that frequency on a bar chart format….
Creating a Lean Culture – It’s Not Just the ‘What We Do’, but ‘How’
When creating a Lean Culture, most Lean Practitioners often describe it as the use of Lean Tools’. – ‘What you do’. The problem is, that a successful lean implementation, which focuses on a Rapid ‘Kaizen’ can have dramatic improvements at first, but often falls down later. – Picture an implementation of a new Cell: It…
Process Flow Charts – What, How, and Why
A tool, which emanated from the TQM movement, process flow charts are an illustrative and useful technique to allow a person or team to visualise a process. They are a simple and effective tool and are made even more powerful during a Kaizen activity in a group setting, whereby the team are either designing a…
Setting SMART Goals for Your Team: The fast and Effective Method
Setting Smart goals is an important facet to building a team as well as developing and inspiring them to success. It is also a simple tool to help provide focus: Focus on what you want to achieve, how you will achieve it and the impact of completing the goal. Think of this well-known analogy: Dorothy…