Understand and implement Effective Strategies
→ What is efficiency of work that influences operation?
→ What is productivity?
• Difference between effective and efficient:
− being effective
− being efficient
− being productive
→ Identification of poor productivity
→ What are resources in business?
• Time, people, talent, knowledge
• Information, systems, finance, energy
→ Work measurements
• What are your measures?
− Turnover
− Sales/Profit
− Throughput
− Headcount
− Complaints/Returns
− Rejects/Rework