Some people are trained, but never certified. Fewer still are certified, but never do a project. Even fewer actually complete a project
Denver, CO (PRWEB) July 12, 2011
KnowWare International Inc. announces that Bhuana Ilmu Populer (BIP) publishing in Jakarta, Indonesia has been translated Double Your Profits into Bahasa.
While most companies spend a lot of money trying to increase sales, few invest in systematically eliminating delay, defects and deviation—the three silent killers of productivity and profitability. Most profitable companies waste a third or moreof their revenues fixing problems in their business. This Fix-it Factory causes tremendous leaks in a company’s cash flow. With the application of a “plug the leaks” mindset and a few key tools, managers can reduce these costs to as little as 5% in two years or less.
For the last 20 years, Jay Arthur has worked with companies large and small in industries as diverse as healthcare, manufacturing and telephony to plug the leaks in their cash flow. Jay has found that there’s a certain mindset required to plug the leaks. And he’s found that a handful of tools will solve 90% of most problems. Tools as simple as Post-it™ Notes can help reduce response and turnaround times by 95%.
What are the three main leaks in a company’s cash flow?
Lazy Product Syndrome – too slow
Crappy Product Syndrome – too many defects
Wacky Product Syndrome – too much deviation
The 3-57 Rule: Jay has found that while employees are busy, the product or service is lazy. It’s only worked on 3 minutes out of every 60. The other 57 minutes, the product is lounging around waiting for the next step in its journey. Trying to make employees faster only affects the 3 minutes out of every hour. The secret is to make your product faster. Faster products cost less than slow ones and have up to 50% fewer defects, which can boost profit margins by 20% or more.
The 4-50 Rule: Jay also found that problems aren’t spread over a company like butter over toast; the most impactful problems are located in as little one step out of every 20 (4%). Narrowing an improvement’s focus to these key steps can eliminate over 50% of the defects and deviation that consume profits.
Leveraging his insights from successfully applying Lean Six Sigma, Jay has eliminated the jargon to clarify the mindset, methods and tools necessary to dramatically reduce costs and boost profits by plugging the leaks in cash flow.
Jay Arthur, KnowWare International Inc.
96 pages/Hardcover $19.95