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Some require a shift in mindset, which doesn’t cost anything; others require a little capital investment. Next, as you roll out your product or service, design prototypes and small sample sizes.Maybe that means testing that your waterproof packaging is actually waterproof before your customers come back and complain that it’s not; maybe that means having a group of free or reduced-fee customers play around on your beta platform before debuting your service.
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New models regularly displace older ones, and unsold, outdated cars are an expensive millstone to have to keep around.“One of the main principles…is the goal of eliminating bottlenecks by imposing realistic limits on how much work is in progress, how much work is requested, and how much work is held off on the back burner.
Although you can’t exactly predict the future, you can set up an infrastructure that will help you address issues as they arise or, perhaps, stop them from cropping up at all.
Subtle changes with the way you approach your workflow, as well as your workforce, can make a huge difference in the long run.
He currently serves as a columnist for the London School of Economics and Political Science.
You can join him for political conversations at Only Slightly Biased, or you can visit The Byte Beat for science and technology news.