Category: Business Operations

A Game of Monkey See, Monkey Do

Start with a cage containing five monkeys. Inside the cage, hang a banana on a string and place a set of stairs under it. Before long, a monkey will go…

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Myths About Operations Management

Do you know the biggest myths about Operations Management? Keep reading to learn more. Myth #1: There Are No Additional Expenses Associated With Changes to Procedures and Processes Changes that…

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Asking the Right Questions

An automated processing operation based their processing hours on the availability of mail. Over the course of a year, the manager noted that the automated system was barely able to…

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Diminishing Returns Illustrated

As you may know, I talked about diminishing returns in a previous post, The Point of Diminishing Returns. In that post, I explained how it didn’t make sense to spend…

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Details, Details…Why They Matter

We live in a new age. Technology has streamlined processes, placing operations light years ahead of their labor-intensive predecessors where manual methods were the only option. Since the initial productivity…

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Technology Sirens

Charles Momsen may not be a household name. But he gained notoriety in the 1920s when he was awarded the US Navy’s Distinguished Service Medal. It was the early days…

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How To Improve Your Business Process Acumen

With all the automation in business, more information and data is available than is used. Less than 0.5% of all data is every analyzed and used.1 Data Rich and Information…

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Information Overload and Business Metrics

We live in an age of information. We now received five times as much information every day as we did in 1986. The daily New York Times now contains more…

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A 100% Increase in Profitability?

A 100% increase in profitability? Such a suggestion would excite almost anybody in the business. But, believe it or not, it isn’t necessary to double sales volume to do it….

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What Is Your Competitive Edge?

Visit any job boards and you will notice dozens of applicants vying for open positions. So, the more senior the position, the tougher the competition. With the current economy, it…

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