Launching a new website, front-end store, or product requires several trade-off's. Here are two principles I learned at Amazon that still ring true
Process Cycle Efficiency Formula and Example
Process Cycle Efficiency Formula and Example is my attempt to explain a helpful metric. I will do so and provide several examples that I hope you'll
The Stand-Up Meeting, a Lean-to-Agile Lexicon
Agile and its many flavors take many of their tenets from The Toyota Production System. At Toyota, there is a concept of Obeya, or "The Big Room."
Start with the Customer, and Work Backwards
This article is about the Amazon Product Development Process: Start with the Customer, and Work Backwards. Amazon is a company that is absolutely
Productivity and Efficiency Calculations for Business
As business professionals, we take some important business concepts for granted. Today, we'll explore the difference between Productivity and
Clipart Microsoft – How to Create a Dumb Presentation
While at Amazon, we were all told by Divine Fiat that ALL PowerPoint Presentations -- regardless of kind, cannot ever be on Powerpoint. Period. No
Toyota Factory Tour and Mini Assembly Line
The guys at Gemba Research pointed me to this great video on the Toyota factory in Cambridge, Ontario, Canada. This is the opening of the Toyota
The Bullwhip Effect and the Beer Distribution Game
Yesterday for class, we played the Beer Distribution Game, which is a game developed by the Systems Dynamic Group at MIT back in the early 1960's.
The 8th Type of Muda
The 7 Wastes are common and known. But, there are other wastes that are important and less known, but very critical for any business to understand.