while wandering around - MANAGEMENT BY LOOKING - WILLIAM EASTMAN

ROFIT RADIO..."Let's Grow Together"

Introduction
Today you are getting finance from a serial entrepreneur - a difference type of expert on the numbers.

This topic I am well versed with because it is one of my business building tools. If you want to check it out and read up on the topic - Visual Management is a great search term.

Show Objectives
If you had the opportunity to read our 4 Pillars of Fast and Sustainable Growth (EPISODE SPECIAL - THE 4 PILLARS OF FAST AND SUSTAINABLE GROWTH), you know we believe that one secret of success is having employees that self-manage. Certainly you need to hire people where that is possible, our focus here is on the work environment their performance takes place. 

Key Issues - ​Owner Perspective:

1. Create an atmosphere of informed performance and results - self management.
2. Focus on compliance to plan and variation.
3. Determine what to measure.
4. All visuals are employee scored and maintained.

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What You Need to Know

• ​Your business objectives for the year, quarter, month, growth phase - etc;
• Creation of a Measurement Skeleton ( see EPISODE E.009 MEASUREMENT SKELETON);
• Selection of the Right Charts based on what is being measured.

What You Need to Do

1. Schedule Board - work scheduled over a specified period of time.
2. DTD (end to end) - based what is on the Schedule Board, total time from beginning to end
3. TaKT (performance in individual unit),
4. WIPI (what is tied up between individual units,
5. OEE (up-time or availability).

The purpose of this show was to find the easiest way of taking the pulse of the business. There are multiple ways, and you will use it, to track progress or results. My experience is making people post their numbers has a positive impact on performance and provides you with real-time information.

Make sure you leave some thoughts in the comment section below. I am interested in continuing the conversation.

William Eastman
"Living The Life...On Your Terms"

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