Calculate Extra Revenue Required to Fund a New Hire
Hiring a new team member is a milestone, but for a time-challenged Small Business Owner, it can also be a source of financial anxiety. Whether you are hiring a Front-Line Producer (who sells or bills hours) or an Operational Support role (who frees up your time to sell), that new salary doesn’t just need to […]
SM5.4 TOC Drum, Buffer, Rope Optimisation Techniques
The Theory of Constraints (TOC) demonstrates the importance of finding and managing the constraint in your business.
This article covers three of the major techniques to optimise any production system around its constraint.
Use StrategyTrees to Visualize Effective Strategic Planning
Every type of Enterprise faces the need to develop a Strategy and then implement it. 12Faces has been doing this in its own businesses for many years and we have developed a very practical approach which we share with you here. This is a blue belt article.
SM2.3 80/20 and the Theory of Constraints (TOC)
This is 12Faces’s equivalent of Godzilla meets the Hulk! In our language it is the mixing of the 80/20 Rule, which promises up to 16x growth and the Theory of Constraints (TOC) approach, which describes the most liberating aspect of your production line.
SM2.1 The Amazing 80/20 Rule Tool
Would you be interested in knowing a way to increase your productivity by 16 times!
Got your attention? The following material gives an insight into how this is possible.
SM2.2 80/20 Problem Solving
It is very common in business to be faced with a dilemma where you have a large number of alternative solutions to a problem. It is unclear as to which are the major contributors to the problem, or the best way to go, to help you solve the problem.
SM2.4 80/20 Decision Making
Smaller business operators are constantly making decisions – large and small. The 80/20 Rule suggests some tools that might help with faster, better, smarter decisions.
SM2.6 80/20 Business Analysis
We talk about the 80/20 Rule a lot in 12Faces. This article looks specifically at how to analyse many parts of your business with 80/20 to rapidly improve productivity. It is a mix of Yellow and Blue Belt
SM2.8 80/20 Maestro
It is one thing to see the benefits of the 80/20 Rule and quite another to have the discipline to implement it. Read on to find out how to exploit this tool. Yellow Belt
SM2.9 80/20 Staffing
Labour costs are typically 50-70% of your operating costs so anything you can do to improve labour productivity is a good thing. The 80/20 Rule can be applied to the issues around staffing so that your business can operate as effectively as possible. Yellow Belt