KPI and OKR for Team Guidance
Throughout 12Faces Accelerator Programs, we give you a great deal of “homework” to do. So much, in fact, that it can seem overwhelming and you just grind to a halt at the prospect. This is not just you; its the normal response when faced with a lot to do.
This article is a Yellow Belt tool to help you manage all the “stuff” to do. A more powerful approach has been developed for managing e.g. massive software projects.
It is variously called “Agile” or “Scrum” and we will discuss it more in a Blue Belt article.
Buyers Journey
This article will cover a buyers journey through the sales process of your business.
How to Boost Your Accounts Receivable
Accounts Receivable: “The process of collecting money your customers owe you.” Failure to have this process working well leads to insufficient cashflow and is a major contributor to business failure. Ignore it at your peril! Yellow Belt
Importance of Performance Analytics for Profit
Analytics and Metrics are the family of measurement tools that a business puts together to provide feedback on its position on whatever factors it chooses to monitor. The most common is Profit and Loss bookkeeping. One of the most sophisticated might be measuring your e-commerce performance with Google Analytics. There is an old saying that “what gets measured, gets done“; referring to the fact that staff who know something is being measured and evaluated, will try to see it goes well.
How to Calculate Time to Produce each Product with Takt Time
Takt is the German word for the baton that an orchestra conductor uses to regulate the tempo of the music. Takt time may be thought of as a measurable beat time, rate time or heartbeat.
Takt time is the average time between the start of production of one unit and the start of production of the next unit, when these production starts are set to match the rate of customer demand.
In Lean, Takt time is the rate at which a finished product needs to be completed in order to meet customer demand. Blue Belt
Importance of Small Batches Tool
There are merits to reducing the size of the batches you manufacture and/or hold in stock at any point in time. This might sound counter-intuitive because of the oft-quoted ‘economies of scale’ and the time cost of pulling down tool set-ups and changing them to manufacture another project. But, in the words of the song; “it ain’t necessarily so!” Learn the importance of small batches.
Falling Profit Diagnostic availability
oops We are working on an updated version of our Falling Profit Diagnostic and it is not quite ready for you to buy We apologize for any inconvenience As compensation, we would like to give you access to the Diagnostic entirely for FREE when it becomes available shortly. Email us to register for a FREE […]
Website Metrics
What gets measured is what gets done! This is an old truism in business. You should be measuring the most important information for your website so that it is regularly re-tuned to move your business in the direction you want it to go. This article discusses how to assemble a good set of metrics.
How to Tune Buffer Management
Buffers, used strategically, will enable you to “smooth” out the flow of work through your system. This is important to maximise production.
Profit Diagnostic availability
oops We are working on an updated version of our Profit Diagnostic and it is not quite ready for you to subscribe We apologize for any inconvenience As compensation, we would like to give you access to the Diagnostic entirely for FREE for the first month when it becomes available shortly. Email us to register for […]