North American companies are losing an estimated $1.8 trillion every year due to inefficient supply chains—nearly 8% of the region’s total GDP. That’s not just a staggering number; it’s a…
Read More
The supply and demand equation is a fundamental concept in economics that can be applied to understand the dynamics of any market. This equation helps explain how the price and…
The 18th-century forestry philosophy, known for its systematic and sustainable approach to forest management, offers valuable lessons for modern business practices.
In the quest for sustainable and profitable business, individuals have to make continuous incremental improvements. The aim is to reduce or eliminate all types of waste and mistakes. We understand…
Look at the following succession of pictures of some very successful people. Apart from the fact that none of them are part of the “dress to impress” mindset, notice the…
The Kaizen journey for continuous advancement is made up of incremental improvements every day. It acknowledges that mistakes happen and things go wrong. Individuals should learn from these experiences to…
Based on the feedback and requests received after publishing a blog article on systems thinking, I decided to venture into a bit more detail on systems thinking and systems dynamics…
Wishing you and your families a prosperous, blessed and safe 2021. I am sure many would prefer to forget about 2020. Whilst 2020 has had a myriad of challenges brought…
Business owners have the important and difficult task of keeping the doors of their organisations open. This essentially means that they and their employees must make decisions on a regular…
The challenges and havoc caused by Covid-19 is unprecedented. Covid-19’s effects will be felt by the economy and individuals for many years to come. As a business owner, you are…
Recent Comments