Receiving feedback from employees is one of the important steps of being a successful business. A positive feedback culture offers a more objective and efficient perspective from managers to staff, from plans to processes. The basis of this understanding is to increase general and individual productivity, improve internal communication, and strengthen employee loyalty. What is […]
Today, employee rewards, which should be in every company, plays an effective role in increasing motivation and success. The main purpose of rewarding employees is to increase their happiness and loyalty. Recognising the achievements of the teams creates a source of motivation for their next work and increases their performance. Rewarding employees for their achievements […]
Contrary to popular belief, lean manufacturing is not just a set of principles and techniques. Training on lean and providing the tools are part of the process. But it is not enough. Managing a truly lean business requires a Lean mindset, and this is only possible by creating a Lean culture. The goal of Lean […]
Business efficiency is the efficient and effective evaluation and use of an enterprise’s resources such as labour, capital, technology and information. Business efficiency is important to improve the performance and competitiveness of companies and sets targets to achieve the most efficient results. In this blog post, we will discuss the definition of business efficiency, its […]
Continuous improvement and operational excellence are often confused. One wonders whether they are the same thing. Although continuous improvement and operational excellence are similar, they are not the same thing. Continuous improvement is making small, incremental improvements to business processes, products or services to reduce costs, eliminate waste, improve quality and maximize human potential. Its […]
In order for a company to gain and maintain a competitive advantage, it needs to be customer-oriented. This is why many businesses today are turning to applying Lean thinking to their business processes. The lean journey of businesses starts with defining value, that is, defining what customers are willing to pay for. In Lean thinking, […]