Tag - cornerstone

SM5.0 Theory of Constraint (TOC) Find Remove Bottleneck

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...

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Using Ratchets to Build Sustainable Business

Home Tune Your Business PerformanceLow Risk Steps to Ratchet Up Improvement Big Leaps Forward are Part of your Business Success Just as Important is Sustaining those  Improvements Our Ratchet System Ensures Best Practice Improve Your Business at Your Own Pace and Direction All Part of our Mission for Your Sustainable Business Success Don't Slip Back. Our Ratchets...

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SM1.0 How 1% Price Change Gave 11% Profit Increase

Price is a major determinant of the profitability of your business!  A price change of as little as 1% can often lead to profit increases of up to 11%.  A consultant study across 1,200 major businesses found that a 1-2% increase in price, assuming demand remained constant, on average would have increased...

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How to Use Business Diagnostics Tools

12Faces' Goal for Clients is Sustainable Business Success Our business diagnostics tools identify weak spots in the 12 facets of your business and your professional developmentThen we help choose the ones to work on next to move your business toward its sustainable goals Sometimes you know what needs work.  Other times you...

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Podcasts: Business ‘Aha’ Gems

12Faces produces short (7-10 minute) podcasts 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, emailreception@12faces.business Get new podcasts emailed to you, subscribe here. Subscribe at Itunes Subscribe at Spotify Subscribe at Stitcher Whooshkaa RSS feed Subscribe to Pocket Casts Subscribe...

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