This is the second part of a two-part series on the areas of waste commonly found in coaching, consulting, and service-based businesses.
In the previous post, we included an overview of all ten...
Let’s talk about waste.
Waste is anything or any process within your business that stands between you and the business of your dreams. It is anything that takes up needless time, money,...
One of the biggest areas of waste I see in coaching, consulting, and service based businesses is fragmentation or what I call the “unoptimized whole”. This is when there is no...
Do you know what the hardest, most complex, expensive, and time-consuming way to scale a business is? It’s constantly doing more and focusing on implementing new and different things in your...
Businesses often underutilize the resources that they have, including their team – their human resources, their financial resources, their time, and the tools, technology, and infrastructure...
The only thing worse than investing precious time, money, and energy into work that never gets completed or implemented is doing things that don’t need to be done at all. This includes rework...
Incomplete work is spending time and energy on things that never get completed or implemented and never produce value. This is where it can feel like you and your team are working really hard but...
Unnecessary complexity is when things are more complicated than they need to be which causes you to work harder instead of smarter.
It is one of the #1 causes of businesses wasting time and...
The largest companies in the world spend millions of dollars every year in an effort to eliminate waste and improve efficiencies; they do this because the cost of not doing it, is greater.
As...