By Maria Leali, Principal, Synchronous Solutions First of all, great job on creating your vision and mission statement! It can be a challenging process, but well worth the effort. A powerful vision and mission statement can jumpstart the progress of an organization and the people in it. Since you’ve put substantial time and energy into…
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By: Mark Phelps, Principal, Synchronous Solutions The concepts of responsibility and accountability often overlap. While they seem similar, they play distinct roles in fostering trust, clarity, and progress. Let’s explore the subtle but important difference between responsibility and accountability, and why distinguishing between the two is crucial for building trust and achieving success. What is…
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By: Rob Loughridge, Principal, Synchronous Solutions For those of you that aren’t familiar with EOS, it’s an acronym for the Entrepreneurial Operating System as described in Gino Wickman’s book “Traction”. It took the business world by storm in 2007 and continues to do so today. But does it provide everything you need to thoroughly drive…
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By Ed Montgomery, Principal, Synchronous Solutions Which Roles Should Be Involved with Continuous Improvement at a Company? In short, everyone! Ensuring continuous improvement in a business is a shared responsibility, but certain roles are explicitly tasked with leading and facilitating this process. The executive leadership team, including the CEO, COO, and owners, plays a critical…
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By: Rick Phelps, Principal, Synchronous Solutions At some point every fabricator that ever decided to start his own fabricating business runs into the wall – the point where the business ceases to be fun, or profitable, or most likely, both. For some it happens early when they still have a small team and one day…
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By: Ed Hill, Principal, Synchronous Solutions Efficiency versus Effectiveness – Which is more important? Actually, there is a significant difference in the two and one is much more important to manage than the other. Efficiency is normally expressed as a percentage of the result that could ideally be expected. In other words, if the expected…
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By: Rick Phelps, Principal, Synchronous Solutions – RickPhelps@SynchronousSolutions.com I am writing this article in early February as the countertop industry is pulling out of the annual January business slump and heading toward the high demand months of spring. It’s the perfect time to talk about how to tie the need for more sales to the…
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By: Mark Phelps, Principal, Synchronous Solutions Many businesses have had tremendous success using Synchronous Flow to improve their production: reducing lead times, helping first time quality, etc. But how can you apply Synchronous Flow to Marketing and Sales? Synchronous Flow is the flow of information or material. If you’re familiar with Synchronous Flow as it…
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By: Rob Loughridge, Principal, Synchronous Solutions There is no better measure than throughput to create control and visibility in business. This measure will help reduce chaos, optimize flow, ensure excellence in customer service and increase profits. Period! Throughput is also known as $T (“Tee” dollars or Throughput dollars). It is a measure of the value…
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By: Rick Phelps, Principal, Synchronous Solutions Mark recently showed me a YouTube video of a renowned business advisor talking about the revenue per employee required for an HVAC company to be acceptably profitable. The number tossed out was $350,000+ per employee. Interesting! Here is how to determine what that number should be in your business.…
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