What Your Employees Won't Tell You - The Number One Secret Revealed

Employees keep seven secrets from their boss and one of them is the real reason they are quitting your company. If your company has turnover don't believe the reasons employees give you. Instead, look in the mirror.

How A Small Organization Can Develop It's Own Scorecard

A scorecard is a tool that helps businesses, organizations, and governments monitor progress and track measurable outputs against their set goals, and objectives. It is a snapshot of where an organization stands at a given point in time against the overall goals.

Maximize Your Own Skills and Delegate Other Requirements for Success

Use the skills you possess and stop trying to learn more skills to run your business. Delegate those chores you don't know how to do, or don't have time to get done. Your business will be more profitable.

Motivation or Inspiration

Motivation or Inspiration? Is your job as a manager to motivate or inspire your staff to excellence? Or, is it both? In this article we discuss the role of each as we lead and manage teams.

Revealed - Why Your Computer System Is A Mess

Ever wondered why it takes you so long to find the information you need on your corporate computer system? That's if you can find it at all. Did you know that the tooth fairy could be partly to blame?

What Are The Key of Lean Manufacturing Principles Every Organization And Company Should Understand?

The lean manufacturing principles function as the guideline for companies wanting to get the best out of their organization. The lean manufacturing principles are taken as the outline for making a more productive working environment. Discover the key of lean manufacturing principles every organization should implement to get the best of their companies.

The Purpose of Corporate Budgeting

The purpose of budgeting is to review past business performance and establish a plan to achieve future profits.

Open a Dollar Store - How to Empower Employees

When you open a dollar store retaining the best employees is always a challenge. If there is not a positive work environment, if employees are not recognized and appreciated, and if there is not an opportunity to learn and grow, employees may well seek opportunities where these conditions exist.

5 Tips for Naming Measures

The magic of language applies very well to the way we craft our performance measures. The topic of this article is 5 tips for naming your measures so they get more recognition, ownership and trust.

The Secrets Of Teaching Management Students

Teaching is comparable to public speaking. Students want to learn without being smothered with confusion or unrelated content. Preparation is the key to success of every session. A professor should not heavily depend on the textbook whose contents may not be up-to-date and may not be relevant to the level of the students. A student can be made interested in the topic of the day only when the introduction is adequate and easy to follow. The examples should be from the contemporary and familiar field or from every life. Points which are fairly less complex should be thrown open for discussion.

Inventory - Cash Or Carry

There is an old saying in business that 'Cash is King.' Inventory, no matter what type, ties up cash and diverts it from other uses. Therefore the aim of inventory management should be to minimize the inventory investment for a particular customer service level. The approach taken should ensure that the target level of service is met while also minimizing the cash investment.

Do You Hold Too Much Inventory - Check Your Stock Turn Ratio

It is essential to measure the availability of stock, after all that is why the investment is made in the first place. However, measuring stock outs can be a limiting way to measure inventory as it only measures one dimension of inventory, that is, availability.

Why Do We Measure Performance, Anyway?

Trees (like all living things) have a clever feedback loop that helps them translate what their environment is doing so they can respond in ways that keep them living and growing and reproducing. Simpler but not dissimilar from organisations that know the real meaning of performance measurement, don't you think? This article discusses the real purpose of performance measurement: feedback.

Supply Chain Agilit - Inducing World Class Performance for the 21st Century

Becoming agile means competing and leading in the next century. Companies require an overhaul of their infrastructures to be able to introduce and build new products quickly and accurately, but also need an acculturation process fueled by heavy involvement. It takes time to enact changes of major proportions, and it takes careful planning. How do you get your arms around this?

Running On Empty

Most production schedules in the U.S. today are driven by material availability. What you have in stores or on the receiving dock determines what you produce today. You can regard this as scheduling by default, or - running on empty.