About this Presentation
This presentation describes the environment of entrepreneurs, the largest employment group in the world where seven out of every ten jobs are created in the US. The owner generally runs the business, makes all decisions, etc. The owner is usually technically competent but managerially incompetent with no professional management systems in place, processes out of control, internally constrained (frequently), etc. UDEs include too much inventory, long lead times, lack of controls, inadequate customer service, and employee and owner frustration.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
Entrepreneurs often struggle with managerial tasks and need help to improve their businesses.
The speaker uses a TOC approach to help entrepreneurs increase their throughput and net profits.
The speaker emphasizes the importance of setting clear goals and tracking progress on a daily basis.
Instructor(s)
Ed Hill
Ed Hill has been a business consultant since 1987 with a focus on small business and entrepreneurial operations. His expertise includes synchronous flow and lean applications, as well as supply chain management.
Ed is co-author of Basics of Supply Chain Management, published by St. Lucie Press in 2001.
From 1987 to 1995, he served as Director of the Clemson University Apparel Research Center. Throughout his career, he has also held leadership positions including Plant Manager, Director of Operations, and Director of Engineering.