Biz Bytes
Welcome to Biz Bytes, your go-to podcast for the latest insights in business and technology. Hosted by Anthony McMahon, we bring you engaging conversations with thought leaders, industry experts, and innovators who are shaping the future of business.
Each episode dives deep into critical topics such as digital transformation, productivity, leadership, and the latest tech trends. Whether you’re a business owner, a tech enthusiast, or someone looking to stay ahead in the ever-evolving business landscape, Biz Bytes offers valuable knowledge and practical advice to help you succeed.
Join us for honest, jargon-free discussions that empower you with the tools and strategies needed to drive your business forward. Plus, subscribe to our Substack for exclusive content, including bonus episodes, in-depth articles, and behind-the-scenes insights.
Stay informed, stay inspired, and stay ahead with Biz Bytes!
Biz Bytes
Biz Byte short - Five ways TIMWOOD identifies where your organisation wastes time, money, and talent.
Tell us what you thought about this episode
As outlined in our previous episode, productivity is one of three key levers in generating business success so it’s vital we take it seriously.
One of the driving factors of sub-par productivity is waste. Waste can be found in both doing or spending too much – inefficiencies and duplication; or not doing enough – untapped or underutilised potential.
- TIMWOOD Model: A productivity model identifying waste in organizations, crucial for business success.
- Five Key Areas: Combines TIMWOOD and DOWNTIME into five areas to evaluate performance and identify improvements.
- High-Level Questions: Provides questions to assess transport, inventory, defects, skills, and overprocessing in your organization.
- Unique Solutions: Emphasizes that solutions are specific to each organization, with future blogs to discuss examples.