Solve Business Problems

Solve Business Problems-24
That might make it seem like an unusual fit for the automotive industry, but Toyota recognized an important truth: Automobiles are, in their own special way, perishable goods.New models regularly displace older ones, and unsold, outdated cars are an expensive millstone to have to keep around.“One of the main principles…is the goal of eliminating bottlenecks by imposing realistic limits on how much work is in progress, how much work is requested, and how much work is held off on the back burner.But, when it comes to finding the ideal approach, or the perfect process for solving any of the dozens of problems faced by the modern business, things get complicated.

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Colleagues and advisers with diverse backgrounds, ages, and experiences will help you to predict problems you might not have considered otherwise, and also address them with alternative solutions.

With things like credit card fraud or cybersecurity (which are certainly big problems!

It’s a system best demonstrated with an example, so let’s turn our attention to the Toyota Corporation circa 1940.

In this arena, they observed a deceptively simple relationship between customers and the stores they shopped in: customers traditionally retrieve only the items they need when they need them; in turn, stores stock only what customers need at any given time. This is exactly what is meant by “just in time” production, and it’s crucial in any industry where perishable goods are involved.

If you don’t know what’s actually happening within your organization, you won’t be able to see potential issues and anticipate complications that could arise as a result.

Additionally, not being tapped into all the parts of your company means situations that could easily be contained may spiral out of control before you’re even able to touch them. It sounds like the stuff of fantasy—or at least psychics.The reality, however, is that as a business owner you need some kind of sixth sense for issues within your company.In other words, kaizen stresses the importance of smaller-scale innovation within a larger corporate structure.It’s a way to humanize the workplace by empowering employees to seek solutions to the issues that affect not just the company’s bottom line, but each employee’s ability to enjoy their job.Although the retail giant has recently been in hot water regarding their company culture, In Amazon’s version of kaizen, each department within their warehouses—or “fulfillment centers,” in Amazon’s nomenclature—is constantly on the lookout for wasted or duplicated efforts and inefficient processes.All it takes is one observant employee to get the ball rolling, and soon a small group of hand-picked team members convenes to brainstorm—and eventually trial—new approaches to old problems.It helps us recognize which of our priorities might, for example, play an important role in another department’s work, which ones are time-sensitive, and which ones are not.Development of any kind needs to be able to react to changes in real-time, and to pressure from other teams.Some require a shift in mindset, which doesn’t cost anything; others require a little capital investment. Next, as you roll out your product or service, design prototypes and small sample sizes.Maybe that means testing that your waterproof packaging is actually waterproof before your customers come back and complain that it’s not; maybe that means having a group of free or reduced-fee customers play around on your beta platform before debuting your service.

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