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Minimum Efficient Scale

CaseInterview.com

Today, I want to introduce you to (or perhaps remind you of) the concept of the minimum efficient scale. First, the word “scale” refers to size. In the software startup world, “to scale up” means to “get big fast.”. In economics, economists talk about “economies of scale.” Minimum efficient scale.

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How to Use Flow Metrics to See if Your Economies of Scale Offer Value, Part 3

Johanna Rothman

Flow Efficiency In How Centralization Decisions Create Friction, Increase Cycle Time, and Cost Money, Part 1, I discussed how removing support staff for departments and managers created longer cycle times. Removing those support staff was one indication the companies fell into the Economies of Scale trap. See the Wikipedia article.

Metrics 63
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4 Ways Task Duration Estimates Prepare Your Project for Success

PM Alliance

The small-scale resequencing process helps keep your project on time and can even improve efficiency if it allows you to consolidate vendor visits or execute activities simultaneously. 3: Budgets are efficient and predictable. 4: Challenges are easier to address and resolve.

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Decoding the Profit Puzzle

Consulting Matters

For example, when I started my consulting business, I did the bare minimum from a brand and website perspective. If no, on a scale of 1-10, how important is stability to you? Scale of 1-10, how important is a guarantee of your long-term success to you? Make sure your business behind the business is efficient.

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The Titanic ran into one; you should, too!

Rod Burkert

– Service that is courteous and efficient. If that is all you are offering – the tip of the iceberg – you are providing the bare minimum of what a prospect expects. A model that I am teaching to my coaching clients. Here it is. The idea behind the model is that prospects expect : – A price that is fair.

Media 98
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Is now the time to be a disruptor or a stabilizer?

Rod Burkert

Welcome to my newsletter, where I focus solely on BVFLS practice development, practice management, and related tools and technology to grow/build/scale your firm. In the last newsletter, I said with a Minimum Viable Service. Maybe it was your minimum viable service that kept them operational. And was this email forwarded to you?

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How to build an effective recruitment process

Asamby Consulting

When we work on clients’ recruitment processes, we strive to create a team of "A players'' for our clients to scale and optimize their business. It streamlines these processes and makes searching for viable candidates much more efficient. This measure also helps to keep track of the efficiency of multiple channels of recruitment.