[Muda] Cash-flow depleted startup freezes cash in defective products

This post is inspired by an assessment of a successful startup on its way to scaling up. With some exaggeration I state that startups fall into two categories: either the ones that have cash to burn, thanks to trusting investors, or the ones struggling to find cash. Mine is somewhat in between. A dynamic boss … Continue reading [Muda] Cash-flow depleted startup freezes cash in defective products

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What exactly is a Subject Matter Expert?

A Subject Matter Expert (SME) is someone who has deep knowledge about a subject, a practical expertise gained by a huge number of repetition and/or extended time dealing with the subject. A Subject Matter Expert is not an expert in the academic sense, like a scholar who studied extensively a specific field. It is rather … Continue reading What exactly is a Subject Matter Expert?

The Logical Long Arrow explained in a video tutorial

Take care of your employees, and they’ll take care of your business. This quote from the founder of the Virgin Group, Sir Richard Branson, can be taken as an undisputable advice of a successful businessman, or with a more critical and scrutinizing approach, like Logical Thinking Process practitioners would. The latter would immediately think about … Continue reading The Logical Long Arrow explained in a video tutorial