What are some strategies businesses can implement to minimize the time spent searching for information? How can visionary leaders balance their innovative ideas with the need for implementation and maintaining focus on current projects?
In this insightful episode, I am joined by Jessica Maine to dive deep into the intricacies of achieving operational efficiency. We talk about the importance of identifying and eliminating waste within a business, especially in small service-based businesses. I explain the ten critical areas of waste such as unnecessary complexity, incomplete work, and searching, which can drain time, money, and energy if not addressed properly.
Together, we discuss real-world examples and practical steps for managing resources better, reducing delays, and maintaining high-quality work. We share the importance of constant evaluation and optimization to preserve the effectiveness of a business. Throughout the episode, we emphasize understanding and minimizing knowledge depreciation, highlighting the significance of timely refreshes in your content and the importance of avoiding fragmentation within business elements.
Tune in to learn how to create a streamlined, productive, and profitable business environment!
"Delays are expensive. Delays are costly. They delay value for your client. They delay revenue for your business."
-- Jessica Maine
In this episode, we explore:
- Operational Efficiency
- Ten Areas of Waste
- Examples and Specific Cases
- The impact of Delays
Tune into Episode 213 of the Lean Out Your Business Podcast or keep reading below.
by Crista Grasso
Crista Grasso is the go-to strategic planning expert for leading global businesses and online entrepreneurs when they want to scale. Known as the "Business Optimizer", Crista has the ability to quickly cut through noise and focus on optimizing the core things that will make the biggest impact to scale a business simply and sustainably. She specializes in helping businesses gain clarity on the most important things that will drive maximum value for their clients and maximum profits for their business. She is the creator of the Lean Out Method, 90 Day Lean Out Planner, and host of the Lean Out Your Business Podcast.