by Linda Fayerweather | Sep 7, 2014 | Benchmarking, Organization
Looking at the value stream of your business refers to all the activities your company must do to design, order, produce, and deliver its products or services to customers. A value stream will have three sections: 1. The flow of all materials from beginning to...
by Linda Fayerweather | Jul 14, 2014 | Benchmarking, Business Culture, Business Improvement
At Changing Lanes we often talk about the difference between creating a business or a job for yourself. We also discuss building an asset that you can sell or capitalize on in the future. Being a capitalist often means starting as an entrepreneur. Successful...
by Linda Fayerweather | Apr 21, 2014 | Benchmarking, Business Culture
Last year, JPMorgan Chase paid $15,600,000,000 (that is billion) to settle two different charges on ethics that were part of the cause of the 2008 financial meltdown and their complacent knowledge of the Bernard Madoff scandal. Both of these were ethical lapses and...
by Linda Fayerweather | Jan 5, 2014 | Benchmarking, Business Management, Saving Time
“We must use time wisely and forever realize that the time is always ripe to do right.” –Nelson Mandela We mark time in years, months, days, hours, minutes and seconds. Sometimes a millisecond will make a difference and sometimes a year won’t...
by Linda Fayerweather | Jun 23, 2013 | Benchmarking, Business Improvement, Planning for Business
Have you been down the rabbit hole lately? Maybe this happens to you, too. You look for information on one topic or fact on the internet and it leads to . . . while maybe we need to Lean Up our business this summer. Well, I was reading local news article called the...
by Linda Fayerweather | Feb 18, 2013 | Benchmarking, Business Planning, Organization, Uncategorized
Batching or grouping like tasks together in Lean processes is discouraged. Why? Because often when we group tasks or batch them, we end up not finishing anything. I’ve seen this on more than one occasion in offices where someone started cleaning the supply closet....
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