Business Vault

The Internet of Things – IoT (Wikipedia) is the network of physical objects or “things” embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data. The IoT has created a lot of conversations, some stating it’s all hype, some questioning…

Now in anybody’s mind the drive for short term results should be aligned with the long term. But why is it we struggle so much to get this balance right, and to add, it’s never been more needed as it is in the current economic way of…

Raising Performance is always a challenge (many a sleepless night) but it’s not just about getting it right in your manufacturing processes, it’s about looking at your business as a whole. Recently, we were asked to support a £40m turnover company with an objective to reduce costs.…

In the realm of business operations, there’s a significant gap between perception and reality. Processes rarely function the way we think they do, and this discrepancy can lead to a host of inefficiencies and frustrations. To understand why this happens and how we can address it, let’s…

Recently I was asked by an MD if I could support in a situation that was causing them a lot of stress and pain with a customer, customers who’d have them…;0) but in this case get the issue sorted = increased sales volume. The Customer was increasingly…

It’s getting to that time of year again for some of us, when we start to look at our half year performance or even looking to the operational budgets for the year to come. The economic outlook is being driven by uncertainty (some of it in my…

I’ve never been one for football, but the two recent examples of how teamwork and purpose make an absolute difference comes in the form of Leicester City winning the Premier League and Wales currently in Euro 2016. You only have to see the camaraderie within both teams,…

Back in 2006/7 I worked for Goodrich Aerospace as Group Continuous Improvement Manager, within my team I had a gentleman named Tim Holmes. Now Tim is one of those gentleman once met never forgotten, all for good reasons. His passion, intellect is second to none. We had…

(also known as the 80–20 rule, the law of the vital few) Wikipedia: The principle was suggested by management thinker Joseph M. Juran. It was named after the Italian economist Vilfredo Pareto, who observed that 80% of income in Italy was received by 20% of the Italian…