After spending 10 years and $10 million dollars, a British company hired the company where I was once employed to build what they had failed to finish. They lost more than 10 years and $10 million. What else might they have accomplished during those 10 years had they hired us much sooner? What’s the full cost of this mistake?
Work-in-progress sucks up resources. It doesn’t matter whether we are talking about manufacturing, product development, or a management initiative. To exist is to consume money, space, and time. How much per day?
Improvement-work-that-should-be-in-progress sucks up resources too. Anything that takes twice as long as it should – wandering meetings, slow decisions, and employees operating at half the speed of their peers are just a few examples. Can you tally the cost of those?
Speed matters. Resources are finite. Life is short. Time is passing. Ka-ching!
Want to move faster? Clarity is the secret. Give me call at 800-527-0087.
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