article thumbnail

Are you or your business “time bankrupt?”

Berkonomics

Time bankruptcy results from the deliberate over-commitment of core resources. You’re fighting to put out the fires from customer complaints, or incomplete work, or are suffering from an inability to focus upon new development or new customers before cleaning up the mess inside your organization. Why use this term? Why use this term?

Resource 156
article thumbnail

Good, cheap, fast. Pick any two.

Berkonomics

If you as a supplier have plenty of spare resources available, you might temporarily get away with adding “fast” to both other two attributes of good and cheap. I think it more appropriate for most of us to concentrate upon “good” (quality) or “cheap” (price) and add “fast” as needed to close the sale or fill the resource cup.

Resource 156
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are you the bottleneck in your organization?

Berkonomics

Senior management is usually prepared with an answer, and a good discussion of resource availability and application follows. Once the bottleneck is identified, the solution often comes quickly, requiring little if any board action as management focuses resources on the bottleneck to remove the latest impediment to efficiency.

article thumbnail

A heartbreaking story about time and money.

Berkonomics

Time and fixed overhead: [Email readers, continue here…] That relationship between fixed overhead and production time is as critical as any other factor in the success of a young company. We often accept that development schedules for young companies are almost always too optimistic. The financial pain of unplanned delays.

article thumbnail

Are you or your business “time bankrupt?”

Berkonomics

Time bankruptcy results from the deliberate over-commitment of core resources. You’re fighting to put out the fires from customer complaints, or incomplete work, or are suffering from an inability to focus upon new development or new customers before cleaning up the mess inside your organization.

Resource 243
article thumbnail

Contur Sorts Your Email From Clutter To Save You Hours | Interview With The Founders

Tech Zulu Event

According to the founders, Contur is a virtual assistant that sorts and organizes your emails automatically. The founders add that Contur takes all of your emails, groups the related ones together so that you can see your emails in context. You may get emails related to our apartments at random intervals in your inbox.

Email 63
article thumbnail

Good, cheap, fast. Pick any two.

Berkonomics

If you as a supplier have plenty of spare resources available, you might temporarily get away with adding “fast” to both of the other two attributes of good and cheap. Email readers, continue here…] But beware. It is an excellent variation on the theme – selecting from a limited menu of the use of resources. Pick two. “.

Resource 120