Methodology

Management consulting includes a broad range of activities, and the many firms and their members often define these practices quite differen

Kaizen is focused on small improvements as a result of ongoing efforts of the company's staff members. On the other hand, innovation is focused on large, dramatic improvements as a result of big changes in technology and equipment.

The story of how takt time first developed and then evolved is a fascinating one; one that is inextricably intertwined with history: Germany and Japan in World War II.

People who do things rightly are innovative and aggressive in their approach. While people who does right things are afraid of taking risks.

Over-production can lead to various wastes other than inventories. Increasing in-process stock, waste of movement and wastes of transportation all add up quickly. Truly value-added work comes from having just enough of the right material, at the right place, at the right time. This is what Toyota calls “just in time!”

A fishbone diagram is undoubtedly one of the best tools to find and visualize the root cause of any problem.

“The key to doing more with less isn’t about working longer, faster, or harder,” says Hale. “It’s not about just doing more. It’s about doing more of the right things and finding ways to renegotiate or reprioritize less critical tasks. It’s about working smarter, not harder.”

Hindsight is the ability to learn from the past. Insight is the ability to interpret and respond to the present and foresight is the ability to predict and prepare for the future.

Remote teams are hybrid teams, and they work in different locations with different tools and skills. How do project managers keep them collaborating and productive? Remote project management and project management software, that’s how.

Working remotely has always been the most popular choice among tech specialists and other digital nomads. This type of employment has countless benefits. It drives flexibility and enables a more balanced lifestyle. During the past year or so, we have embraced it as a necessity rather than a perk. However, now when the world seems to be recovering, we are back at square one: remote vs. on-site work is once again a topic worth discussing.