Decision Making Manufacturing Sales 
Work Life
JULY 22, 2024
” Keep it simple Indeed, Kapur’s one-year tenure as CEO of the technology and manufacturing giant has been notable for his relentless efforts to simplify the business. For example, Honeywell is reportedly considering the sale of its personal protective equipment unit, which makes facemasks and other gear.
Success
APRIL 20, 2023
Incorporating sustainability into capital investment decision making can reveal financially attractive investments such as pollution prevention and clean technology. And new revenue streams can be created through the sale of waste-byproducts or transferable pollution allowances.”
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Work Life
DECEMBER 15, 2023
Leaders should be knowledgeable about the detailed day-to-day operations to ensure efficient, quality, and agile decision-making. A manufacturing department head we worked with struggled with operational inefficiencies. In the meticulous examination of operations lies the very heartbeat of bringing innovation to life.
Work Life
MAY 22, 2024
Such ideas may come from your most junior folks—customer support, sales guys, engineers, anyone! Should we apply the VC decision-making framework to every single decision? Think of fast-food-order fulfillment, car manufacturing, or call center operations. Conflict and good decision-making often go hand in hand.
Success
AUGUST 10, 2021
Here you have a problem (flagging revenue) and a goal (sales target). The lion’s share of our sales comes from email marketing , but very few blog readers (1%) subscribe. We note: Hosting free workshops requires time and money with no guarantee of sales. It’s used within lean manufacturing, Six Sigma, and other techniques. .
Success
OCTOBER 1, 2022
Sometimes you just have to make a call and say, “This is good enough.”. You’re manufacturing something. All decisions have a cost associated with them. It’s much easier to make decisions when you’re abundantly clear on what you’re trying to achieve, why you’re trying to achieve it and how you plan on achieving it.
Workplace Insight
DECEMBER 11, 2023
In his seminal 1937 paper, The Nature of the Firm , Coase suggested that transaction costs attached to doing business are more effectively and efficiently dealt with by a single decision-making structure. It evolved from a “society of island communities into a homogenous national community”.
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