Category

Business

Business

29/02/24

People will forgive you if you take responsibility for your actions. The moment you deny, deflect or place blame is when you lose all credibility. Dad #Family

Business

23/02/24

Wastes of Lean (Six Sigma) which hamper operational excellence:

  1. Unnecessary Transportation of Materials
  2. Excess Inventory
  3. Unnecessary Motion of People
  4. Waiting (Choke-Points)
  5. Overproduction
  6. Over-processing (more work than the customer requires)
  7. Material or Informational Defects
  8. Non-Utilized Talent
Business

22/2/24

3 things to never do at work, according to an HR professional with 10 years’ worth of experience:

  1. Don’t overshare
  2. Don’t be humble about your accomplishments
  3. Don’t stick around too long at parties
    – Valerie Rodriguez

Business

2/8/24

Elon Musk calls it “the algorithm,” a distillation of lessons learned while relentlessly increasing production capacity at Tesla’s Nevada and Fremont factories.

  1. Question every requirement.
  2. Delete any part or process you can.
  3. Simplify and optimize.
  4. Accelerate cycle time.
  5. Automate.
Business

3/2/24

“Warren, forget about ever buying another company like Berkshire. But now that you control Berkshire, add to it wonderful businesses purchased at fair prices and give up buying fair businesses at wonderful prices.” – Charlie Munger to Warren Buffet in 1965 upon buying Berkshire Hathaway #Business

Business

1/24/24

If your business depends on you, you don’t own a business-you have a job. Until an entrepreneur’s company runs without the founder, that person is just self-employed, the lowest rung in the hierarchy of entrepreneurs. – Kevin D. Johnson

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