What is the most precious item in the world

 Time

What is the most precious item in the world, it is a jiffy, The jiffy is a measurement of time, and as time can't be created it is irreplaceable, who would not want more time. There is a trend to put a cost to time, I have looked at someone who would offer me £8.35 for an hour of my time flipping burgers, (thinking about it) If I was working in India I could earn a minimum wage of 20p an hour. I have spent over 30 years looking at ways to save time, improve yield, add automation, (Faster / Cheaper) improve process time, transport time, queue time, VSM and the implementation of the culture of CI, the great timer saver strategy. It has always been a challenge to find the best use of the precious resource time, here are some keys that I have found to be useful. 1- The 80/20 rule is the truth. 2- Before every task, we should be asking ourselves how important is this task? is it worth the time!!! 3- Your time is your own, so don't let others waste it for you. 4- Learn to say no to others, nicely. 5- Invest your time in those who appreciate it. Imagine we're at a graveyard. You look at a tombstone and see the person's name, the date they were born and when they died. In between the dates, there is a dash. So I want to ask you: What are you doing with your dash?

Regards
Gordon
LinkedIn Profile

Company morale:-

 I was talking with an employer of a precision engineering company, the discussion was centred around staff retention and company morale and how do you measure the second and improve the first, this used to be a traditionally managed business but has made some positive movement away from that, after a few coffees and some rabbit holes descended, we concluded with an action plan to improve both, he was not surprised that they were linked, these are the basic "cliff notes" version. 

To measure morale:

 -Surveys. An easy way to monitor your employee's morale is through an employee satisfaction survey. ... 

-Periodic Interviews. Performing periodic performance interviews with your employees can also help you gauge the overall employee satisfaction. 

-Productivity levels and Quality performance. 

-Turnover Rate. 

-Absence Rate.

-Open door and "roam the floor" policy. 

To Improve morale hence improve staff retention.

-Give them a reason to believe. 

-Show you care. 

-Recognize the good. 

-Learn the value of “fringe”. 

-Promote from within. 

-Bring on the fun. 

There is a lot of meat to put on these bones, but that is the basics of how to tackle these issues and a company with good morale is a strong company.

Regards
Gordon
LinkedIn profile