TIMWOODS and how to reduce them!

We are still talking about how to increase your business productivity. This time, we are discussing the eight wastes of TIMWOODS and solutions for reducing them. We try, as much as we can, to make all our advice as simple and practical as possible and our aim at the end of every post is to get you to work! Begin implementing all we have shared and will share with you and your business will never remain the same.

TIMWOODS and Process Mapping

We are still talking about how to increase your business productivity. This time, we are discussing in the area of Process Mapping and how to identify wastes in your processes. We try, as much as we can, to make all our advice as simple and practical as possible and our aim at the end of every post is to get you to work! Begin implementing all we have shared and will share with you and your business will never remain the same.

Increase Your Business Productivity by Identifying the ‘Bottlenecks’

We have been talking about business productivity and how to increase it since the last post. In this post, we'll be talking about 'Bottlenecks' and how to identify them. Your business productivity is directly equivalent to your bottleneck process time! This tells us how critical it is to identify and reduce your bottleneck processes.

Innovator? Entrepreneur? What to Consider!

Being an entrepreneur is widely spoken about. Not the same can be said about being an innovator. What do both these words mean and is there any link between both of them? If there is, how can they both be placed in the same sentence? You'll find the answers to these questions and more in this post where we share our believe about the link between these two words and how they ought to become one as regards to the purpose of both words.

Innovator? Entrepreneur?

Being an entrepreneur is widely spoken about. Not the same can be said about being an innovator. What do both these words mean and is there any link between both of them? If there is, how can they both be placed in the same sentence? You'll find the answers to these questions and more in this post where we share our believe about the link between these two words and how they ought to become one as regards to the purpose of both words.

Dangers of being Mediocre; How not to be a walking dead business!

There are various dangers of being and running a mediocre business and in this post we discuss four of these dangers. If you find your business in a mediocre state, what state should be your aim to get to when you want to get out of the mediocre state. All these and more in this post.

Three areas mediocrity must not be tolerated!!!

Mediocrity is sort of an unfortunate industry standard in some parts of the world, but, should it be so? In his post we share three areas where mediocrity should not be tolerated in your business if you're looking to go past product to brand name. Being up to standard should be your 'mediocre' and being above standard should be your daily target. Don't get sucked into the mediocrity surrounding you. Be the best and the best will come to you!

The Nigerian SME Forex Exchange Window?

SMEs can now access the forex window for importation of items and this sort of levels the playing field of business importation in Nigeria. In this post, we share a conversation with a financial expert on what it really means and how it can be accessed. Nevertheless, this does not mean things like toothpick, hair-nets and certain things that can be produced here should be imported but rather things needed to make and produce here! Let us use this window to build the nation more and not to destroy!

Who’s your Nkem?

I find it fascinating that things such as hurricanes, storms, disasters of all sorts can be given names, even our customers from hell have a name —how much more our perfect customers. Perfect not in the sense that they are perfect in all their ways, as no such thing on earth is, but they are perfect for your business. I searched for a name for my perfect customer. A name that speaks about love and sacrifice for love, a name, when called reminds me of my intimate relationship with my customer, a name that means "MY OWN". Nkem —Nkemdirim, is that name. The name means " MY OWN WILL STAY WITH ME" or "MY OWN WILL REMAIN WITH ME" in the the Igbo tribe of Nigeria. Names add values to "things". Naming your customer Nkem will add value to your customer. It'll add value to your business / customer relationship! Try it and see!

Your Customer is Your Business; The Disastrous 9

In the first post of this series, Your Customer is Your Business, we had a good discussion on customer satisfaction and gave three qualities you need as a business owner to handle those ‘customers from hell, when, not if, you come in contact with them. We concluded that post by listing the disastrous 9 and in this post we’ll discuss the disastrous 9 and what to do to get rid of them in your businesses. We will divide the disastrous 9 into two groups: The first group will be called the intimate service group while the second group will be called the touchpoint service group. I call this first group the intimate service group because of the lack of intimacy between business and customer found in this group of disastrous 9 and the second, touchpoint service group because they all represent service touchpoints between the customer and the business. Customer satisfaction will not happen overnight I can assure you that, but taking the first step brings it a lot closer than you could ever imagine. Customer satisfaction can be achieved and we can help you achieve it!