Type 1 and Type 2 Decisions
Jeff Bezos thinks about decision making by dividing them into Type 1 and Type 2 Decisions. Type 1, known internally… Read More »Type 1 and Type 2 Decisions
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Business Strategy
5S: The Low-Cost, High-Impact System Driving Workplace Efficiency
5S is a simple, low-cost methodology for creating clean, efficient, and organized workspaces. Originating from Toyota, it focuses on sorting, systemizing, shining, standardizing, and sustaining. Widely used across industries, 5S improves productivity, reduces waste, and fosters continuous improvement in both physical and digital environments.
Hoshin Kanri: Toyota’s Blueprint for Strategic Execution and Breakthrough Success
Hoshin Kanri is Toyota’s strategic planning method that aligns long-term vision with daily execution across all levels. Through tools like PDCA, catchball, and A3 thinking, it drives breakthrough goals, develops people, and builds a culture of continuous improvement – turning strategy into a shared, organization-wide journey toward lasting success.
Nemawashi (根回し)
Nemawashi is a Japanese consensus-building process used to prepare stakeholders before major decisions or changes, such as tech rollouts or business transformations. At companies like Toyota, it involves informal discussions, gathering input, and aligning expectations to avoid resistance. It emphasizes that how a decision is made matters as much as the outcome. Research shows most transformation initiatives fail or underperform—Nemawashi can improve success by reducing surprises and building trust. It includes understanding problems, exploring options, engaging stakeholders early, and confirming support before formal action. The approach fosters smoother implementation and stronger, more sustainable organizational change.
My Berkshire experience
My Berkshire experience After years of saying “someday,” I finally decided 2025 would be the year. No more excuses, it… Read More »My Berkshire experience
And the band played on – 8 lessons from the Titanic
Whilst on a short trip to Northern Ireland last weekend, I had a few hours to spare in Belfast and… Read More »And the band played on – 8 lessons from the Titanic
Decomposing the relationship between financial metrics, value drivers and KPIs
Regular monitoring of the performance of an organisation is a critical function, often carried out by FP&A professionals. Most professionals… Read More »Decomposing the relationship between financial metrics, value drivers and KPIs
Entrepreneur Profile: Carbon Kopi founder Natalie Brittan
Natalie Brittan, along with her partner Chris, are the proud owners of a growing chain of independent coffee shops in… Read More »Entrepreneur Profile: Carbon Kopi founder Natalie Brittan
Elon Musk’s 4 rules for entrepreneurship
Whilst reading the new Walter Isaacson biography on the fascinating life of Elon Musk, I found the chapter talking of… Read More »Elon Musk’s 4 rules for entrepreneurship
Management by psychology, walkabout and stats
The management theorist Peter Drucker says “management is doing things right; leadership is doing the right things.” How then does… Read More »Management by psychology, walkabout and stats