BLOG 265 – Why is managing the waste in your business the KEY to your success?

The efficiency of your team and your business is at the heart of your future growth and success.  If you and your team are inefficient and unorganised, wasting time, effort and money, then it is likely that your business is inefficient too.

As a business owner I know you are busy being busy, managing the day to day running of your team and business.

But you want to be the best, better than the competition, to improve your profits and grow your business – right?

It’s time to take ‘lean’ thinking seriously. Manage the waste out of your business and you will become lean and make more money.

Lean thinking is the key to the future of your business.

Even a local school can reduce waste and improve teaching, with a key…

A new head teacher at a local school introduced himself to the teaching staff and asked this one simple question:

“What one thing is making your job harder than it should be?”

Almost in unison, the teachers replied: “Classroom keys.”

Every teacher regularly experienced a locked classroom and had to wait an average of 10 minutes before each lesson for the caretaker to open the room.  Ten minutes wasted time for every lesson – with 20 lessons a week.

All because the caretaker was the only one with a set of keys.

By issuing each teacher his or her own set of keys, the school clawed back 200 minutes of teaching time a week.  Within a 13-week term that meant 43 hours more teaching time per class.  With 30 pupils per class, that’s 1,300 hours of learning no longer wasted every single term.

Naturally the new head teacher was an instant hit with the staff, but all he did was reduce 1 of the 7 types of waste – lean thinking changed a little thing for this school, but it made a BIG difference.

Can you do the same in your business?

Better manage the 7 types of waste and you avoid missing out on the profits, cash and growth you could have…