Dimension, Time, Cost Operator: Seeing Problems Differently

Mike Cardus

I have written about DTC Operator before here and here. Innovation Tool: DTC Operator from Michael Cardus. Try DTC Operator out and let me know what happens. Plus I just gave a talk about Innovation Tools and made the PowerPoint below.

Steps To Solving Operational Issues

Strategy Driven

If you are spending more time encountering the same issues over and over again in your business operations, you are going to notice over time that they are festering into bigger issues.

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The Cost of Employee Absenteeism

Great Leadership By Dan

The reasons employees may be absent from work are varied and many but the bottom line is, absenteeism has a larger cost associated with it than many people realize. While initially costly, the long-term benefits are well worth it.

5 Effective Strategies for General Contractors to Cut Costs

Strategy Driven

Contractors need to devise ways to cut costs in order to remain profitable. With increased competition, the need to cut costs has become important now more than ever. Eliminating people is not the right way to cut costs. Cost Audit. Actual material costs.

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Important Changes That Improve The Efficiency Of Your Shipping Operation

Strategy Driven

As well as speed, you also need to consider the cost of your shipping operation. That’s why you need to make an effort to improve the efficiency of your shipping operation. It’s worth looking into hybrids or electric vehicles that are a lot more cost effective to run.

3 Proven Ways Call Centers Can Better Streamline Operations

Chart Your Course

In particular, when it comes to improving the customer service experience and streamlining operations, today’s call center agents now have a wide array of tech solutions to resolve these matters. Cost savings are integral to the business model of most call centers.

“10Minutes on sustainable cost reduction” from PWC

First Friday Book Synopsis

From time to time, I come upon material that seems especially interesting and, more to the point, valuable. Here is one example: The 10Minutes series from PricewaterhouseCoopers LLP (PWC), a Delaware limited liability partnership. * * * We recognize how busy you are… …so we are asking for just 10 minutes of your time to [.].

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Value of Evaluating Business Operational Performance

Strategy Driven

Do you have a process to continuously identify the most value-adding improvement initiatives that will keep you ahead of the competition at a cost you can afford? You just finished reading Value of Evaluating Business Operational Performance !

Executive Briefing Cost Reduction Opportunity: Inventory Optimization

Strategy Driven

Safe, Reliable, Cost Effective… Economic demands place increasing pressure on executive and managers to reduce costs while maintaining high levels of operational safety, reliability, and efficiency.

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Complimentary Resource – Operational Risk Management

Strategy Driven

Operational Risk Management. Without a consistent way to manage people, assets, and process safety, companies are more susceptible to risks that drive up costs and can cause serious incidents. You must proactively manage and reduce operational risk, but it requires discipline.

Quality Tools to Discover Solutions: DTC Operator

Mike Cardus

Dimension Time Cost Operator. Dimension Time Cost Operator (DTC) – A TRIZ tool for for seeing problems differently exploring ideas of extremes in size, time and cost. The DTC Operator can work to release Psychological Inertia. The DTC Operator Algorithm.

How Much Does It Cost to Build a Website? A Guide on Web Design Prices

Strategy Driven

Despite the fact that we’re all living in a digital world these days, there are still a lot of small businesses out there operating without a website. They’re often under the impression that a website is going to cost too much money to create.

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Can Your Company’s Operations Cause a Black Swan Event?

Strategy Driven

Could your company’s operational performance cause the next Black Swan tragedy? Does your company’s operations involve significant amounts of hazardous or potentially hazardous materials? Does your company’s operations involve high energy systems or materials?

A Company Health & Wellness Center that Delivers High Value Low Cost Healthcare – Is it Possible?

N2Growth Blog

Each year HR professionals undertake an annual process to determine what benefits will be offered to employees as part of their benefit package – possibly considering what benefit will be taken away or how much premiums will increase to offset growing benefit plan costs. Additionally, providers rely more heavily upon Medicare and Medicaid reimbursements than ever before; more people, more complex health care issues and payments that don’t cover the majority of operating costs.

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StrategyDriven Advisory Services helps businesses become more operationally effective

Strategy Driven

Because of our advisors’ direct leadership experience, StrategyDriven Advisory Services will initially focus on the Energy, Non-Profit, and Government sectors,” asserts Greg Gaskey, StrategyDriven’s Chief Operating and Financial Officer. “We’ve Operations and operational risk management.

Five No-Cost Tips for Improving Employee Engagement

The Center For Leadership Studies

Luckily, there are dozens of ways to boost employee engagement that won’t cost you a penny, although they will require your time, attention and commitment. But they still exist, and they can wreak havoc on your company culture and business operations.

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Alternative Selection – Total Cost of Ownership

Strategy Driven

All too often, executives and planners focus on the cost of implementing a project and omit recognition of the other associated costs accompanying the resulting outputs once the project is completed. Many project costs often go unrecognized.

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Greg Gaskey Named StrategyDriven Enterprises Chief Operations Officer

Strategy Driven

Executive leader brings hands-on management and operational experience to StrategyDriven’s Power & Utilities focused advisory services. Learn more about how StrategyDriven can help you improve your organization’s operational effectiveness and lower costs.

Managerial Leadership Training Tool: Using DTC Operator Innovation Planning

Mike Cardus

Dimension Time Cost Operator. Dimension Time Cost Operator (DTC) – is a tool for for seeing problems differently exploring ideas of extremes in size and cost. The DTC Operator can work to release Psychological Inertia. The DTC Operator Algorithm.

How You Can Save Your Business Money by Cutting Down on Paper

Strategy Driven

Lower Storage Costs for Paper Files. The mindless printing of multiple copies of a seldom accessed paper version is not helpful to reduce paper usage or the costs of it. They are no longer reliant on a paper trail for most activities and the company operates more smoothly as a result.

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Five No-Cost Tips for Improving Employee Engagement

The Center For Leadership Studies

Luckily, there are dozens of ways to boost employee engagement that won’t cost you a penny, although they will require your time, attention and commitment. But they still exist, and they can wreak havoc on your company culture and business operations. The post Five No-Cost Tips for Improving Employee Engagement appeared first on Situational Leadership® Training & Management Model by CLS. The statistics on employee engagement are abysmal.

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The Cost Of Not Training Your Employees Will Shock You!

Strategy Driven

Yet, if you gave them a choice of getting in a car with someone who had passed their test or someone who hadn’t passed their test, they would take the former no matter what the cost difference was. You just finished reading The Cost Of Not Training Your Employees Will Shock You! !

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How to Run Your Business in the Most Cost Effective Way

Strategy Driven

Running your company in the most cost effective way possible should be your number one priority right now. Most business owners assume that things are being run efficiently and cost effectively, but that’s often not the case at all.

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What are the costs of “efficiency”?

CO2

Strong enough so that each employee in marketing, operations, finance, customer service, and research all understand what the guiding light is for the organization. What distinctive value can and must you provide to your customers, no matter what the cost? The post What are the costs of “efficiency”? Mission vs. Efficiency. Efficiency is addictive.

Alternative Development Best Practice 4 – Common Cost and Value Identifiers

Strategy Driven

Beginning with the end in mind, it is important for those developing business cases for the organization’s various ongoing operations and proposed initiative alternatives to do so in such a way that leaders can compare the cost and benefits of the proposed activities.

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Gig Economy: A Cost-Cutting Measure or Adding Value to the Workforce?

HR Digest

The gig economy has been in operation since labor unions lost their hold over the steel and oil industries and workers were contracted to work in the factories according to demand. The post Gig Economy: A Cost-Cutting Measure or Adding Value to the Workforce?

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Manage Costs, Variation, and Waste – Mind the Choices

Deming Institute

Deming, what do you think about the recent trend toward reducing the waste in our operations?”, Deming, what do you think about the recent trend toward standardizing our operations?”. Post by Bill Bellows.

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7 No-Fail Ways to Build a Successful Cost Management Strategy

The Kini Group

If you don’t have lower costs than your competitors, or at least have lower costs than your average competitor, you’re dead in the water. You need a successful cost management strategy. Costs just matter too much. It costs what it costs.

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Important or Urgent – How much can it cost you?

CO2

Gary Cohen grew the company from two people to 2,200 employees Currently, he is Managing Partner of CO2 Partners, LCC, operating as an executive coach and consultant.

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7 Ways to Improve Operations Without Sacrificing Worker Safety

Harvard Business Review

They’ll also note that “safety pays” in reducing costs, or admit they fear reputational damage following a significant incident at their company. I watched with concern as the company, under pressure from activist shareholders to increase profits, cut costs and let its safety program deteriorate. ” When I read DuPont CEO Breen’s words “accelerating cost reductions,” my heart sank.

To Enlist Physicians in Reducing Costs, Show Them the Costs

Harvard Business Review

According to a national survey conducted by University of Utah Health, 89% of physicians believe the overall cost of health care in this country is too high. Now we need to give doctors a chance at engaging in the conversation by developing tools to make cost transparent to them. Its Value Driven Outcomes (VDO) initiative provides physicians with cost data to assess health outcomes per dollar spent. Operations management Costs Data Healthcare Digital Article

Are there Benefits of Cloud Computing for Businesses?

Strategy Driven

Cloud computing means that you won’t have to cover the costs of security, power, and insurance for this kind of thing, as it is all taken care of remotely. If you’re fairly new to business, then there is a lot to learn.

Important or Urgent – How much can it cost you?

CO2

Gary Cohen grew the company from two people to 2,200 employees Currently, he is Managing Partner of CO2 Partners, LCC, operating as an executive coach and consultant.

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Customer Intimacy, Meet Operational Excellence

Harvard Business Review

What is more important to company success, a strong external focus on customer experiences or an internal focus on effective and efficient operations? Terry Sutton , vice president of business transformation, told me that "The systems we''re implementing are about operational excellence.

Complimentary Resource – How to Cut the Hidden Costs Out of Travel and Expense Management

Strategy Driven

How to Cut the Hidden Costs Out of Travel and Expense Management. Learn how to reduce your company’s overall operating costs by taking a strategic approach to your travel and expense management process. by Concur Technologies, Inc.

The CIO Paradox: A book review by Bob Morris

First Friday Book Synopsis

The CIO Paradox: Battling the Contradictions of IT Leadership Martha Heller bibliomotion (2013) The CIO “for all seasons” Rather than one paradox, as this book’s title suggests, Martha Heller rigorously and eloquently examines several separate but related paradoxes: Cost versus Innovation, Operations versus Strategy, Futurist versus Archivist, IT and Business Paradox, Accountability versus Ownership, Recruiting, […].

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Key Financial Tips For Entrepreneurs

Strategy Driven

Keep Costs Low. Every cent counts when first starting out, so you need to find ways to keep costs as low as possible without it impacting the quality of the product/service. Most modern-day businesses will require at least one vehicle if not a fleet as part of the operation.

Getting an Intricate Operation Back in Sync

Harvard Business Review

Facing interconnected operational issues, members of the eight-person senior leadership team were turning against one another. The director of finance grumbled that overtime costs were too high, due to high turnover and the fact that employee sick time had spiked.

Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business Review

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. This was because their expenses grew faster than their revenues, despite cost-cutting initiatives. Barnacle removal is a key element of serious cost control.

New Technology Won’t Automatically Improve Your Operations

Harvard Business Review

Advanced tools for creating and testing new products and the operations that will make them are all around us. They are not only changing the economics of innovation and operations, they are also pushing the frontier of what’s possible. The Future of Operations.

Hidden Suppliers Can Make or Break Your Operations

Harvard Business Review

These “ nexus suppliers ” could be important for one or both of two reasons: A disruption of its operation would have a surprisingly huge impact on the original-equipment manufacturer’s production. (A The Future of Operations.

Operational Excellence, Meet Customer Intimacy

Harvard Business Review

Most organizations continuously strive to achieve operational excellence, but they spend less effort understanding customer needs — and few marry these two sources of customer value effectively. In 1996 Tesco adopted Toyota Production System approaches to take its supply chain operations to an even higher level. Their agile supply chain allowed them to replenish small stores at the same cost as big stores — so they could charge the same prices in every format.

Achieving Time-Efficiency And Cost-Efficiency To Ensure Steady Business Expansion

Strategy Driven

But if your company operates inefficiently, then you’ll be squandering your opportunities for growth in the future. In this article, we’ll look at some ways in which you could achieve time-efficiency and cost-efficiency to ensure steady business expansion.