Leverage - Deepstash
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Leverage

Leverage is the output generated by a specific type of work activity. An activity with high leverage will generate a high level of output; an activity with low leverage, a low level of output. This raises the question about what qualifies as managerial leverage and output.

100

718 reads

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Using (leading) indicators to measure and predict

In order to run a production process well, you’ll need a set of indicators that help you monitor and improve the efficiency of the production line. For these indicators to be useful, you have to focus each indicator on a specific operational goal. 

Leading indicators like the sales forecast...

105

779 reads

High leverage activities

To maximise the leverage of his or her activities, a manager must keep timeliness firmly in mind. Equally, managers micromanaging or ‘meddling’ are examples of negative leverage activities. A big part of a manager’s work is to supply information and know-how, and to share a sense of the preferred...

108

565 reads

PETER DRUCKER

If people spend more than 25 percent of their time in meetings, it’s a sign of malorganisation.

PETER DRUCKER

106

593 reads

Three ways in which to achieve high leverage activities

  • When many people are affected by one manager.
  • When a person’s activity or behaviour over a long period of time is affected by a manager’s, well-focused set of words or actions.
  • When a large group’s work is affected by an individual su...

104

574 reads

High Output Management

“High Output Management” by the late Andrew Grove, ex-Chairman and CEO of Intel, is a must-read management book.

First published back in 1983, the book applies production principles to management. All (product) managers can benefit from the principles discussed below and make it a part of ...

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1.5K reads

Meetings And Their Output

A lot of managerial tasks are best suited for face-to-face interactions, and more often than not, for meetings. There are two kinds of meetings:

Process-oriented meetings: Knowledge is shared and information is exchanged during process-oriented meetings, which take place on...

110

515 reads

Managerial Activities

  • Judgments and opinions
  • Direction
  • Allocation of resources
  • Mistakes detected
  • Personnel trained and subordinates developed
  • Courses taught
  • Products planned
  • Commitments negotiated

115

763 reads

Planning: Today’s actions for tomorrow’s output

Three steps your planning process should consist of:

  • Step 1 – Establish projected need or demand: What will the environment demand from you, your business, or your organisation?
  • Step 2 – Establish your present status: What are you producing now? What will you be producing as yo...

113

526 reads

Identifying the “limiting step”

The “limiting step” is the step in the overall shape of the production flow that will determine the overall shape of a company’s operations. 

For example, the time required to boil an egg is the critical component or the ‘limiting step’ in the production flow of serving breakfast. 

Th...

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1.2K reads

Ways to improve on time management techniques

  • Identify our limiting step: determine which things have to happen on a schedule that’s absolute, and which can’t be moved. You can then plan more flexible activities around it and thus work more efficiently.
  • Batching similar tasks: group similar acti...

112

514 reads

The Output Of A Manager

A manager’s output is the output of all of the people and the teams that report into her. For example, if someone manages a design team, then his output consists of completed designs that are ready to be implemented. That output can take many different forms depending on the type of role and ind...

111

602 reads

Detect and fix issues at the “lowest-value stage” possible

If there’s a problem with your product, you want to find out about it as early on in the production process as possible so that you can minimise the risk. 

In the production world, I witnessed the lowest-value stage thinking first hand at the assembly line of a Toyota factory. Here, employe...

109

911 reads

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erbrigh

Surveyor for building control

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Using our time on high leverage activities

Using our time on high leverage activities

We have 168 hours per week. If we remove the weekends, the time we sleep, eat, shower, and other basic needs, we have a maximum of 100 hours per week to play with.

We have so little time, yet we waste a lot of energy on low leverage tasks that leave us tired and unfulfille...

FOCUS follows FLOW

FOCUS follows FLOW

If the challenge and skill required for the work both are low then it falls in apathy. Again if the challenge is high but our skill is low, then we feel anxiety.

If the challenge of the work is low and our skill is high, we feel relax, If we can inc...

Infinite Leverage

Infinite Leverage

We used to think that our effort correlates linearly with our outcomes. The more effort we put in the greater the results. But now e live in an infinite leverage world, where your actions can be multiplied a thousand fold. By technology, good thought, good writing, writing code, ...

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