So many businesses place their priorities on innovation, discovering new ways of making money and potentially improving operations. However, company leaders and executives need to remember one of the biggest expenses that every organization has to deal with – time. Even more so than money, time is a limited resource. You can never earn back
Continue reading »Kaizen revolves around the identification and elimination of wastes. By implementing Kaizen, businesses are able to improve production and streamline efficiency, enabling them to achieve the same or better metrics while decreasing or maintaining the costs of production. But what is a waste? Wastes may not be apparent in every business setting, InformIt explains. Even
Continue reading »The healthcare industry is going through some massive changes, spearheaded by the recent drive to convert paper files into digital electronic health records (EHRs). Participating hospitals and clinics can receive upward of $40,000 for making the transition, which is expected to improve collaboration between physicians, reduce the number of mistakes made, bolster the quality of
Continue reading »Disaster can and will strike any business. In 2012, Hurricane Sandy wreaked havoc for businesses in the Northeast United States, while earthquakes and tsunamis impacted Japanese companies in 2011. The year before that, rampant flooding in East Asia destroyed components and resources for a number of organizations, setting some back by upward of a year.
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