Channel Title: RTDKNOWLEDGE - MBA LESSONS IN BITS AND BITES Channel Description: RTDKNOWLEDGE is your quick reference to practical MBA lessons in short, readable formats. These can help you improve the critical performance of your business to increase profits and competitiveness like agility, productivity, efficiency, quality and reliability. Takeaways and lessons are plentiful, practical and can be immediately applied to your business, any business. The best management practices and principles shared in these short videos were curated from my years of experience as a business school professor, management author and as a management consultant to hundreds of entrepreneurs in scaling their businesses profitably and sustainably. The channel contents cover all management and business functions - marketing, sales, finance, operations, HR, supply chain, strategy and ESG. They include the practical application of Lean, Kaizen, Six-Sigma and TQM. They cut across industries - manufacturing, processing, agriculture and services. <video> SUPPLY CHAIN STRATEGIES FOR BUSINESS CONTINUITY IN THE PANDEMIC ERA Description: Don't waste a crisis - especially the Covid 19 pandemic crisis. Future-proof, crisis-proof your supply chain. Be ready for the next supply chain disruption - pandemic, wars, global shortages, nationalistic export bans, lockdowns, port congestion, sea routes blockages. Be two steps ahead to survive the VUCA future, if you want to have a future. A robust, agile supply chain is step 1 in business continuity planning. Don't skip this existential step. </video> <video> When to cut cycle time or lead time Description: When to cut cycle time or lead time </video> <video> The Only Practical Survival Statistics You Need to Know - This video may save your life Description: Know your chances of surviving a crisis or accidents </video> <video> THE 7P's of HIGH PROFITABILITY Description: This short video shows how an enterprise can strategically increase profits and competitiveness using the 7P's - the 4P's of Marketing Effectiveness - Product, Price, Promotion, Place and the 3P's of Operational Excellence - People, Process, Partnership. </video> <video> How to rightsize the right way with line balancing Description: How to rightsize the right way with line balancing </video> <video> THE TRUMPET EFFECT Description: ARE YOUR PROFITS DECLINING WHILE YOUR SALES RISE? As your business grows and expands, it may be experiencing the Trumpet Effect which means as your sales rise, your profits decline. These two opposing trends will form the shape of a trumpet. You may be scaling your business with aggressive marketing, over expansion, and over diversification, but profits start to decline as you do so. As a result of this unmanaged growth, you reach your diseconomies of scale with too much volume, too many clients and too many markets you cannot efficiently serve. You may also have reached your diseconomies of scope with too many products. too much variety or SKU’s, too many businesses with too many competitors – a complex business model you cannot efficiently managed. Finally, most likely you may have reached your level of incompetence to handle too many people or employees, too many departments and too many processes. Your profits start to rapidly drop or could even turn to losses because of uncontrolled costs, wasted resources and capacity, and a host of operational inefficiencies. The trumpet effect demonstrates that unmanaged and unsustainable growth can be a total waste of time and efforts. By managing your growth sustainably, your sales and profits should move in the same direction and form the shape of an elephant tusk instead of a trumpet. </video> <video> HOW TO KEEP YOUR JOB Description: Some useful steps to keep your job and survive downsizing, outsourcing </video> <video> 7 DEADLY WAYS HOW DISSATISFIED CUSTOMERS FIGHT BACK Description: Future sales are lost when customers are dissatisfied. Learn how to avoid customer dissatisfaction. Teach your staff why it is important to always take good care of all customers. </video> <video> Make-to-stock vs. Make-to-order (Push vs. Pull) Description: Make-to-stock vs. Make-to-order (Push vs. Pull) </video> <video> Efficient manpower planning using takt time Description: Efficient manpower planning using takt time </video> <video> TRUMPET EFFECT - WHY PROFITS DROP AS SALES RISE Description: You may experience the Trumpet Effect if sales rise but profits decline. You may be scaling your business with aggressive marketing, over expansion and diversification. You may have reached your diseconomies of scale with too much volume, clients and markets you cannot efficiently serve. You may have reached your diseconomies of scope with too many products, variety, businesses and competitors. You may have reached your level of incompetence to handle too many people, departments and processes. Your profits start to rapidly drop or could even turn to losses because of uncontrolled costs, wasted resources and capacity, and a host of operational inefficiencies. The trumpet effect demonstrates that unmanaged growth can be a total waste of efforts. By managing your growth sustainably, your sales and profits should move in the same direction and form the shape of an elephant tusk instead of a trumpet. </video> <video> Efficient manpower planning with bottleneck analysis Description: Efficient manpower planning with bottleneck analysis </video> <video> 5-STARS OF OPERATIONAL EXCELLENCE Description: This video shows how a manufacturer or service provider can strategically increase profitability and gain competitive advantage through operational excellence in the key performance indicators Quality, Speed, Agility, Lean and Green. </video> <video> How to reduce WIP using Little's Law Description: How to reduce WIP using Little's Law </video> <video> HOW TO SELECT THE NEXT PRESIDENT Description: This is a structured way of selecting the best candidate to be your next president or head of state using the quality management approach - a new refreshing guide to empowered, informed, and intelligent voting. The presidency is about performance, not popularity, promises and pretenders. This is THE tool for defensive democracy. </video>

Description

RTDKNOWLEDGE is your quick reference to practical MBA lessons in short, readable formats. These can help you improve the critical performance of your business to increase profits and competitiveness like agility, productivity, efficiency, quality and reliability. Takeaways and lessons are plentiful, practical and can be immediately applied to your business, any business. The best management practices and principles shared in these short videos were curated from my years of experience as a business school professor, management author and as a management consultant to hundreds of entrepreneurs in scaling their businesses profitably and sustainably. The channel contents cover all management and business functions - marketing, sales, finance, operations, HR, supply chain, strategy and ESG. They include the practical application of Lean, Kaizen, Six-Sigma and TQM. They cut across industries - manufacturing, processing, agriculture and services.

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