12Faces Skill’s Modules are designed to cover a particular topic of interest while advancing the business.
An example might be “Improving Cashflow“.
Skills are designed as 1 month “Sprints” with a workload designed to be achievable by a busy business leader and team in one month.
Leaders pick from the range on offer to address the most pressing Growth Factor holding back their business.
Skill’s Modules are colour coded like martial arts belts. All leaders start at “white belt” level. They move through yellow then blue then black in our system. Like any martial artist, you start with the lower belts and master them before moving on.
Every business leader progressed their career and business with this sort of incremental learning.
The Theory of Constraints (TOC) is an important optimising technique that focuses on improving the throughput of work at the (usually) single bottleneck or constraint in the workflow.
This Skills Module draws together a number of the 12Faces articles on the subject. One research project demonstrated that 89% of improvement...
Introducing the 80/20 Principal
The 80/20 Principle asserts that a minority of causes, inputs or effort usually lead to a majority of the results, outputs or rewards.Taken literally, this means that 80 percent of what you achieve in your job comes from 20 percent of the time spent.This implies that:80% of...
Among the largest contributors to the failure of both small and larger businesses, are either;
they fail to make a Profit: they don't have a profitable business. or
they incorrectly account for their cash and run out of money to pay their debts and tax liability.
This is particularly acute in small...
Stress is All Around Us. There is no doubt that many Owner/Operators work under considerable stress. Sometimes this stress is constructive because we are excited and challenged by growing the business and/or making it more profitable.
But all too often, it comes about because events just overtake us and we find ourselves...
Eight Types of Waste
The well-known Toyota car company identified seven types of waste that had an impact on Productivity and Profit. An eighth has been added more recently. By gradually reducing these wastes, you can improve the Productivity and Profit of your business. In Japanese, this is referred to as reducing "muda" (pronounced Moo-da). This article discusses how...