Business Insurance : Insurance Requirements for Early Stage Ventures
There are legal insurance requirements that must be in place for all businesses. We also review other areas we strongly advise you to obtain cover […]
Articles by mmllmm
EMI and Share Option Incentives
Share Options Schemes for High Growth Potential Ventures In order to persuade quality management into the venture it is often necessary to offer the incentive […]
‘Golden Rules’ for Emerging Ventures – Employment
The legal aspects of employment are important when developing a venture that aims to attract investment and deliver an ambitious business plan. This outline highlights […]
The Financial Plan : High Growth Potential Ventures
The Financial Plan is a quantified vision of your project upon which much of your credibility with investors will rest – get it right and […]
The Main Body of the Business Plan
The Business Plan articulates your project and is the fundamental tool for communicating with investors. A well produced business plan will give you an edge. […]
The Executive Summary : If this is poor, the rest of the plan is wasted
The executive summary is the most important part of the business plan. Many people will only read this. If it does not capture the attention […]
Entrepreneurship : Visualising & Creating the Future
Innovation and Entrepreneurship are creative processes. They are usually born out of dissatisfaction with the current order. Here are a few words on the required […]
Management Teams for New Ventures : Demonstrating Competence
The Management Team is fundamentally important in any new venture. You need to show that the business has not only identified a viable opportunity but […]
‘Rules’ for Effective Business Plans
You only get one chance to persuade each target that your project, of the hundreds they see, is worth staking their hard-earned, risk free, money […]
Implementing 5S Workplace Organization Methodology
5S is a methodology for organization, standardization and cleanliness. At the heart of 5S is the lean goal of reducing waste. 5S addresses the wastes […]
5S: Straighten (Set in Order)
The straighten step establishes designated locations for everything. This ensures that tools, materials and resources can be found easily when they are needed, and are […]
5S: Standardize
As with any program, success is dependent on the expectations, guidelines and continued monitoring of the program. 5S is not a spring cleaning activity that […]
5S: Sustain
The most important element of 5S is developing and encouraging total employee involvement. 5S is not a program for a portion of the workforce. Everyone, […]
Lean Manufacturing Tools
Lean Manufacturing provides a methodology for eliminating waste and improving organizations. This methodology developed over the last 50+ years, and has yielded a wide array […]
The 7 Wastes
The 7 Wastes provide a central theme to the lean methodology. The goal of lean is to maximize value and minimize waste. Ultimately, value to […]
Toyota Production System
The Toyota Production System is the methodology developed at Toyota that led to the development of lean manufacturing and the lean philosophy. The Toyota Production […]
7 Wastes: Defects
Poor quality and the resulting defects are a major source of cost for many companies. This is also a cost that is often under reported […]
7 Wastes: Motion
Motion is a waste common in both manufacturing and service industries. This waste is very similar to transportation waste, but relates to movement within a […]
7 Wastes: Processing
Processing activities are typically viewed as value added. It is the manufacturing processes that add value to the product and to the customer. Despite this, […]
7 Wastes: Transportation
Transportation is the backbone of our economy, but it is also a fundament waste to be eliminated. As important as it is to get a […]
7 Wastes: Wait Time
Waiting is one of the 7 Wastes that most people recognize easily. Eliminating time spent waiting has been a focus of manufacturing improvement activities since […]
7 Wastes: Inventory
Inventory is recognized in as a waste in the lean system. This is because inventory does not add any value to the customer, but has […]
7 Wastes: Overproduction
Overproduction occurs when a company manufacturers a product before there is a customer demand. Overproduction can occur with individual processes or across the entire value […]
Lean Thinking and Life Equations
In Lean Thinking and in Life in general we often like to write out neat little equations to explain complex concepts so that people understand […]
Lean, and Autonomous Maintenance
In this post we are going to suggest another Lean tool that may be beneficial for our children to learn Autonomous Maintenance (i.e. Operator Maintenance). Kids […]
Lean Maturity
Knowing When You’re Lean Recently I have been seeing more and more discussion about Lean Maturity and people asking us how they know they are […]
What is the best way of implementing Lean Manufacturing?
What is the best way of implementing Lean Manufacturing? What is that magic recipe that would guarantee us that, if we follow it, the Lean Transformation […]
Diversity as a Key to Success
A large part of being successful in a Lean Transformation is repect for people one way we show that is through becoming a more diverse […]