The COVID-19 pandemic has pulled the rug out from under the feet of many US business owners. Some have been faced with the hard decision to close their doors. Others are scrambling, working remotely (perhaps for the first time), desperately trying to figure out how to pivot under pressure.
Uber is a business that is a well-oiled machine…
They have removed all the constraints that impede delivery of service to a customer. If I were you, I’d invest.
You see, Uber is the epitome of Throughput®.
Uber operates with the 4 basic throughput® rules:
– Fewest moving parts
– Customer drives the train
– Delivery of real value (measured)
– Moving at the speed of need©
How does it do that? The UBER Company has operationalized its value creation at every step in the service chain. And it’s all in the simplicity of its SERVICE STRUCTURE©.
What happens when a decision is half-cooked? Or half-communicated? Or half-operationalized? Nothing. That’s what happens.
In the sped up world of today, 80% is the rule not the exception. Completing a task, let alone a sentence, is a constant challenge. Too many balls in the air. Too much data. Too little time. Assuming all the while the other person will pick up the pieces, read through the gaps, fill in the blanks. It clearly is an art, of course, to read another’s mind, but it rarely completes the picture.
Just look at Microsoft’s disastrous OS, Vista. A decision was made, resources were allocated, teams were deployed and, yet, it ended up being one of the greatest disasters in the computing company’s history. What happened?
The classic mistake of “tossing it over the Wall” – assuming the others would take it from here – leaving just enough gaps and just enough people to find blame. Instead of delaying the product and learning from engineers who knew of flaws, the C-suite at Microsoft instead basked in the illusion that the system they imagined was not only ready to launch, but ready to take the personal computing world by storm. Instead, Microsoft was dealt a critical blow that led many to believe the company was out of its league — and out of touch.
Taken from the 25th anniversary celebration and honoring Cathy Sunshine and Mary Lou Blackledge’s creative partnership, this video gives a behind the scenes peek into just how Sunshine and Blackledge collaborate on their artwork.
Enjoy the visual diary of the realities of business and art, and learn how Throughput can be creatively transformed into beauty.
We’re headed directly into a predictable employment gridlock – moms and dads competing with their children for jobs. A study conducted last month revealed that a quarter of American citizens believe that they will need to work until age 80 before they can retire comfortably. Many also don’t intend to retire, though they’d like not to “have” to work.
To put that number in perspective, people anticipate that they will be working a full two years later than the average American life expectency, which hovers at nearly 78. While this is a distressing picture, based on the ways Americans used to work, it gives us a new perspective on the “flow” of employment and the ways in which talent will come and go in the workplace.
With fewer older Americans willing to give up their steady working incomes, the traditional cycle of employment grinds to a halt. How can future generations take the reins of companies at proper times in order to enact sufficient and seasoned leadership if their predecessor is strapped into the office chair? Or simply doesn’t want to budge?
It’s no secret that we live in a world of immediacy. When you’re busy or on-the-go, it’s easy to feel small catches in your day that trip up that gotta-have-it-now feeling in your life. From the barista taking just a little too long to make your coffee to the red light that seems to go on forever, we as a society are now feeling the inconvenience of even a few minutes. One company is tackling that feeling head on, making productivity immediate and relieving headaches everywhere: Dropbox.
Dropbox, founded in 2007 by graduates from the Massachusetts Institute of Technology, is a freemium service dedicated specifically to the wonders of The Cloud– a network server space that allows for online backups of nearly every file you can create on a computer. While it’s certainly not the only service in the game, Dropbox’s growth has been dramatic: 50 million users are participating in the service, and the 4% that pay premiums for more storage make the system profitable. What’s the secret to Dropbox’s success? It can easily be described as “The Power of Anywhere.”
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