by Michael E. Parker | May 31, 2021 | Entrepreneurship, Leadership, Michael E Parker, Productivity, Value-Centered Solutions
Understanding the differences between takt time, cycle time, and lead time is essential to help one get the most from these different measurements. Comparing the results of these formulas can help determine what may be causing production delays and how one can become...
by Michael E. Parker | May 27, 2021 | Entrepreneurship, Leadership, Michael E Parker, Productivity, Time Management, Value-Centered Solutions
Forecasting can be an invaluable tool for creating an efficient, profitable business based on lean management principles. While predicting the success of future enterprises is an inexact science, it is possible to use forecasting tools to extrapolate the likely course...
by Michael E. Parker | May 20, 2021 | Entrepreneurship, Leadership, Michael E Parker, Productivity, Time Management, Value-Centered Solutions
Just as transitioning to a remote workplace at the beginning of COVID-19 was a challenge for many people, returning to the office will be a difficult adjustment for many people. Fortunately, there are some steps that managers can take to make the transition easier by...
by Michael E. Parker | May 20, 2021 | Entrepreneurship, Leadership, Michael E Parker, Productivity
In complex manufacturing operations, a common problem is the wide range of tasks; different managers, workers, and other factors get out of sync. Things tend to get bogged down in complexities that slow everything down and create wasteful inefficiencies. ...
by Michael E. Parker | May 20, 2021 | Entrepreneurship, Leadership, Michael E Parker
Starting a new business is an exciting milestone in the process of becoming a successful entrepreneur. The timing of your business is often just as important as ensuring that the business is well-funded. The year 2020 was quite challenging for most businesses, and so...
