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Showing posts with the label efficiency

Just my thoughts #0170

The Japanese restaurant “Hyakushokuya” doesn't hire passionate people. The first recruiter was someone who left out his resume. There are only three menus, and only 100 bowls are sold daily. It's simple, so you learn things in a week even if you're not an expert. Still, the average daily revenue is 130,000 yen. The book's title published by founder “Akemi Nakamura” is “Let's Reduce Sales.” Against performance-oriented management policies. They want reasonable management activities suitable for fractions without overdoing it. However, it was the best-selling company during the Covid-19 pandemic crisis. - Joseph’s “just my thoughts”

Just my thoughts #0154

The lower the trust, the higher the economic and relationship costs. If performance is low beyond costs, efficiency is reduced. Trust is the most important asset in all areas where human intervention involves value. Higher trust increases the efficiency of the money use. Some people get high satisfaction even if they spend the same amount of money, but others get complaints. Don't make the mistake of thinking that all money is the same. - Joseph’s “just my thoughts”

Just my thoughts #0117

Management is all about maximizing productivity in a limited amount of time. There are limits to what can be achieved regarding time and productivity gains. Let me be clear: increasing efficiency to improve productivity is not a significant factor in building wealth. The best way to build wealth is to choose and implement a higher value-added job. In other words, management is a matter of choice before effort. - Joseph’s “just my thoughts”

Just my thoughts #0113

Focus on quantity over quality. This will eventually improve quality through quantity. To find the most infected people quickly, you can mix several samples at once and test them many times. What if it mixes? That's okay. You're looking for positives, not negatives, so there will be more negatives in the sample, and if you get positives, you only need to retest the positive group. To increase efficiency, you need to understand the opposite background beyond the target and approach it in terms of quantity rather than quality. This will ultimately improve quality. - Joseph’s “just my thoughts”