“When in doubt, simplify.”
― Eric Ries, The Lean Startup
Small businesses are always pushing to drive profits and increase sales, but few fledgling firms truly know the ins and outs of cutting costs to maximize profits. Here are three ways you can effectively cut costs for your small business while keeping operations running smoothly.
1. Switch to Free
Why pay when you don’t have to? Here are some normally costly practices that have free counterparts:
Move your IT to the Cl...
Everybody loves a good sequel! The second installment of our Lean video series is here, with all new lessons and 100% more explosions. Okay, not really... but our productivity coach Errette Dunn is back with some dynamite tips to make your daily work more efficient.
Watch the video to learn:
• How to identify the 7 wastes dragging knowledge workers down
• How to cut common wastes and get more done every day
• The two essential questions you need to answer to get the most value out of...
Roll out the red carpet! Pop the popcorn! Dim the lights! We’re premiering the first in a series of videos on Lean methodology, featuring your very own productivity coach, Errette Dunn.
This first video applies Lean principles to the product development process, taking examples from the history of flight and the Wright brothers’ amazing success. You’ll learn:
how to shake up your process for better results
the most important first step for every stage
to watch for costly assumpt...
Good product development is crucial to your company's success, whether it's a small business startup or a huge corporation. Product delays or failures can mean falling behind competitors, or (worst case scenario) a failed launch. When developing your next product, look to the Wright brothers for Lean lessons to help your project soar.
Want to share this image on your site? Use the embed code below:
Wrike Social Collaboration Software
We've got more fun infographics on the way, so st...
We are living in a world of entrepreneurs. Chances are you know one (at least), or you have your own ideas waiting to come to fruition. But ideas are expensive in reality. The question is, how can you get the most bang for your buck? How can CEOs and managers save money while chasing their dreams and accomplishing their goals?
Enter Lean project management. It is the star of simultaneous project frugality and product quality for businesses.
As a more recent PM methodology, the term...