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

The efficiency of your business and your team 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 as well.

As a business owner, 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 become lean and can make more money.

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

Here’s a great example of how a school reduced waste and improved teaching with something as simple as a key…

A new head teacher introduced himself to the teaching staff and asked 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 manage one 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?

Improve management of the 7 types of waste and you avoid missing out on the profits, cash and growth you could have.