How Kanban Improves Work Flow
Kanbans are a tool for structuring how work flows into the work-in-progress queues so that workers do not get overloaded and can use their time most effectively. Kanbans, and variations on them, are widely used in software projects (e.g. Scrum and Agile) and manufacturing (e.g. Lean and Six Sigma). Blue Belt
Developing and Executing a Business Plan
Do You Really Need a Business Plan, You Ask? Every business leader must take control of the design and implementation of the direction for their business. Developing a Business Plan is the first crucial step toward this. If are you selling your business, a different type of Plan is important to ensure you get the […]
How to do Profitable Start-ups
Many people are attracted to the idea of starting and growing their own business.This article goes through the process of how to start-up a profitable business. In most countries there are literally millions of Small Businesses and all of them have been started, at some point, by a person highly motivated and excited about starting their business. However, this is a highly risky and quite traumatic experience for many. In this article, we introduce several of the issues that a start-up needs to consider. We also suggest a far less risky approach to getting yourself into business. If you are starting either a business venture capital funded, high-tech, or business with out much business experience, the start-up techniques here can also help you. This material is at Yellow Belt
Business Success Planning Resources
Here is a variety of resources to further assist with you planning for repeatable business success Podcasts & Videos 12Faces produces short (7-10 minute) podcasts and videos on our most popular topics. Subscribe to these to get a steady feed of management topics designed to give you a few ‘aha’ moments. To suggest topics, email […]
Introducing the GamePlan System
Business Owners are Busy People! Dump “Pie in the Sky” 5 Year Business Plans We developed a routine for getting more done faster using the “Work Smarter, not Harder” mantra We were “National Small Business of the Year” and appeared 4 times in the “National 100 Fastest Growing Businesses” list using this approach This is […]
How to use Adwords to Test your Business Strategy
Adwords for Strategy An alternative and very useful way to use Google AdWords is to test the viability of proposed new business directions on the internet. Properly used, AdWords can bring buyers to test pages where you are testing new products, methods, prices and any other variable that you are uncertain about. Blue Belt Having […]
How to Become a Sales Category King
The most successful businesses tend to be the ones that dominate the Category in which they trade. Examples include Uber, AirBnB and StarBucks. Although there are other businesses, that number from 2 through to 100+, in these Categories, the lion’s share of the business goes to the “Category King”. This article discusses some of the […]
Why Boston Consulting Group Growth Share Matrix Helps
The BCG Growth/Share Matrix is a quick way to visualize what activities are going to be the most productive and which are dogs best got rid of. It works equally well, for example, for sales, profit and staff. Yellow Belt
Business Plans: Why is it Important?
Business Plans: Why Construct a Plan Why is a business plan important? No matter what stage of life your business is at, you need a clear direction for you and your staff. Business plans are undertaken for many reasons. Growth, stabilisation, exit strategy are some. Do You Have a Comprehensive Strategy For Your Business? Begin […]
Sensitivity Analysis: Measuring Impact
What is Sensitivity Analysis? It is the process of determining the impact a fixed percentage change in the thing being measured has on the overall performance. As an example of a Sensitivity Analysis a real life test on 1000 European businesses showed that a change in product price by 1% had an average 11% change […]