Lean Tip
#3301 – Use a 60/20/20 Approach to Time Management
Instead
of spending 100% of your time knocking out tasks via the “Whack-a-Mole” method,
I suggest a strategic approach to time management. First, use 60% of your time
to proactively focus on tasks that truly add value to your business or cannot
be done by others. The other 40% of your time should be divided into two
categories: 20% on planning and 20% on strategizing. Planning is dedicating
time to resources and schedules for the operation of the business; strategizing
is time evaluating how you can improve your business performance, your customer
experience, or your profit model.
Lean Tip
#3302 – Build in Downtime
In
farming, Mother Nature gives us some downtime; in other businesses, you need to
create your own downtime. This is not vacation or “off” time. This is time away
from working in the business to work on the business: to review data, streamline systems, plan for the next
day, week, quarter, year—whatever timeline makes sense for your business.
Carving out even an hour will allow you to strategically plan and have insight
into small problems before they become major issues.
Lean Tip
#3303 – Develop a Strategic Plan
Develop
short-term goals: quarterly, semi-annual, or annual, and create a plan that
will help you reach those goals. Make sure your plan considers the resources
you may need: cash, people, equipment, inventory, and additional operating
costs, and make sure the end result will be a service or product that customers
are looking for. Set the metrics you will use to monitor your progress towards
attaining that goal; adjust your plans as needed based on how close or far you
are from your goal. If you aren't meeting your goal, determine why you are not
meeting it.
Lean Tip
#3304 – Connect With Your Employees
Your
employees are also influential on your path to improving business. Creating a
positive work environment for your team encourages motivation, productivity,
and fresh ideas.
Employees
seek out workplaces where they feel valued and respected, and you can implement
strategies to create spaces for intentional conversation and celebration. This
could be anything from an open-door policy between you and employees to
quarterly team feedback meetings and birthday or holiday greetings.
Lean Tip
#3305 – Do a Daily Standup Meeting
Also
called huddles or scrums, a short, daily team meeting can improve business
efficiency. Keep your team updated on what everyone is working on, who needs
help and who might have extra time and problems or questions team members have.
Face-to-face communication is the most efficient, but if you’ve got a lot of
team members who work remotely or who are on the road, give video chat a try.
Other than this meeting, try to limit interruptions throughout the day.
Lean Tip
#3306 – Focus Team and Company on Crucial Tasks
Don’t
confuse being busy with being productive – they’re not necessarily related. We
all know someone who is always busy, but never seems to get anything done.
Where focus goes, energy flows, and it’s crucial to keep your employees focused
on just one task or goal at a time. Make it clear what’s most important, and
efficiency will follow.
Lean Tip
#3307 – Never Stop Improving
Business
efficiency requires a certain mindset – one of constant improvement, hunger and
the knowledge that there is always more to learn. It’s a personal trait, but it
is also one that you can make a part of your company culture. It will encourage
risk-taking and innovation in your employees, which are both important in
creating efficiency.
Lean Tip
#3308 – Maintain High Employee Morale
Your
employees aren’t going to work hard if they’re not happy. Do your part by
creating a safe, welcoming environment where they’ll want to work. This isn’t
just about company BBQs or free snacks, either. Understanding your leadership
style and how your employees want to be led and spoken to is critical to
building a business they’ll want to stay at.
Lean Tip
#3309 – Build Trust
Building
trust in the workplace leads to stronger bonds between employer and employee,
as well as between colleagues. Trusting people to do their jobs without looming
over them helps create a place where they feel valued and free to do their best
work. In return, if you’re honest and transparent with employees, they’re more
likely to return the favor, providing valuable insight on tasks, products,
services and more.
Lean Tip
#3310 – Provide the Right Tools
It seems
obvious, but you might be surprised how many businesses aren’t providing their
employees with the skills and tools they need to do their jobs. Whether you’re
looking at project management software or new training for your accountant, the
one-time fee or yearly subscription cost you may pay for a tool will often
repay itself tenfold in terms of getting work done quickly and accurately.
Lean Tip
#3311 – Figure Out Why Changes are Needed
To
effectively manage change in your business, you must first understand why you
need to change. Many of your businesses and their employees will have seen
massive changes during lockdown and, due to the major shift we’ve seen in the
economy, many of these have been necessary to simply survive. Other pressures
which might be driving the need for change might be a new leadership team, new
competitors, new technology, a new type of customer or demand for a different
kind of product or service.
Lean Tip
#3312 – Engage With Your Workforce
Your
plans for change are likely to only work if key stakeholders within your
company understand why it needs to happen and are invested in it. Engaging with
your workforce is important and will be a huge source of intelligence which can
shape the development of your plan. People tend to fear or resent changes
imposed upon them. You have an opportunity to make your workforce part of the
changes that are happening so they feel a sense of ownership and control over
what’s happening.
Lean Tip
#3313 – Communicate Your Plans to Employees
Effective
communication with your colleagues at all levels is key to ensuring any period
of change runs as smoothly as possible. You must be able to communicate the
change process and the need for redevelopment to your employees to help them
understand why it’s necessary and how they can help the company to make it a
successful and positive experience where possible. Your employees need to know
how it will affect their jobs.
Lean Tip
#3314 – Plan for Every Eventuality
You can
make detailed plans but you are bound to discover roadblocks along the way. No
period of change will be problem free – so plan to flex your problem-solving
muscles! You should encourage your employees to communicate what obstacles are
in their way and how they are preventing them changing the way they work. These
issues could be ingrained cultural behaviors amongst your management team or
workforce. They could be linked to a lack of technology, resources or employees
in certain positions.
Lean Tip
#3315 – Empower Your Colleagues to Learn
Managing
a major change project might be tough and not everyone is equipped with the
skills to do so. You might need to look at how your resources affect the
changes. Do you have colleagues with the right management skills? You could
offer training opportunities to co-workers already in key roles. Using existing
employees rather than recruiting someone new can also feel less threatening to
your team.