Management Information

The Dripping Faucet in Every Organization


Each day millions of workers spend 8 hours or more at their respective jobs with many contributing to the dripping faucet within every organization. This faucet much like the leaking kitchen or bathroom faucet's steadily waste drops of a previous resource - water - every minute of every day until fixed. Yet, the dripping faucet is considered a minor annoyance until the drips become steadier. During this time, thousands of gallons of water are wasted costing the owner probably more money than it took to correct the problem.

Organizations also have dripping faucets not only in their physical plants, but within their people's productivity. During the last 5 years, I have surveyed thousands of individuals who all believe that their plates are full, but admit to wasting a minimum of 12 minutes each day. For employees who are paid $30,000 not including benefits, this amounts to $14.42 each week for the one lost hour of work or $721.12 annually. If you have a facility with 50 people, the annual cost is at least $35,056. For organizations with at least 1,400 employees, the annual cost rises a minimum of $1,000,000. Dripping faucets are very expensive!

How can you repair this expensive drain on your limited resources? First, consider that most people don't intentionally come to work to waste your resources. Their performance in many cases is a result of lack of knowledge and skills supported by negative attitudes and habits. These negative attitudes and habits probably contribute much more to their performance.

Second, begin to ask questions about how the organization is communicating its message. If you were to survey 10% of your employees from upper, middle and front line levels and asked them to name the top 3 goals of the organization, would you receive the EXACT SAME ANSWER from each individual. Different responses contribute to people not knowing what they may need to do next and contribute to that ongoing dripping faucet.

Third, determine if your employees truly understand how to plan and achieve their personal goals. If your employees are achieving their personal goals, the likelihood of them achieving corporate goals has been greatly enhanced. Time management is the apex of goal planning and achievement. If individuals don't have goals, then why worry about time?

Fourth, as you train your employees include interpersonal development along with the job specific skills. If your company promotes from within, the individual is recognized for her or his job specific skills. However, as these individuals moved up through the organization, job specific skills become less while interpersonal skills become greater. Yet, much of the training fails to develop these individuals and the result is that these individuals leave which increases bottom line costs or return to their original position again increasing bottom line costs.

Five, finally, think about the words that you select. For example, ask your employees how they are investing their time instead of spending their time? Frame your questions and statements using positive words that generate powerful mental images. People hear words, but they think in pictures.

Six, align your systems, strategies and people to create loyal internal customers that discover those "moments of truth" leading to external customers. Southwest Airlines understands the power of alignment.

These are just 6 ideas that will help you begin to repair your dripping faucets. So, grab the toolbox and begin to create a culture that does not support wasting your resources, but instead looks to invest them. Remember, the faucet continues to drip and this is very expensive.

Leanne Hoagland-Smith, M.S. President of ADVANCED SYSTEMS, is the Process Specialist. With over 25 years of business and education experience, she implements and realigns processes to build sustainable change for individuals and organizations and delivers ROI solutions within a variety of industries. As co-author of M.A.G.I.C.A.L. Potential:Living an Amazing Life Beyond Purpose to Achievement due for August 2005 release, Leanne speaks nationally to a variety of audiences. If you desire AMAZING RESULTS, please call Leanne a call at 219.759.5601 or leanne@processspecialist.com.

Copyright 2005(c) Leanne Hoagland-Smith http://www.processspecialist.com/organizations.htm

Permission to publish this article, electronically or in print, as long as the bylines are included, with a live link, and the article is not changed in any way (grammatical corrections accepted).


MORE RESOURCES:

ABC News

Risk Management Needed for Energy Loan Guarantees, Report Says
Bloomberg
Potential losses from US energy loan programs are likely to be less than projected by the White House and Congress, according to an independent analysis that Democrats said validated support for clean-energy innovation. The Obama administration ordered ...
DOE needs better risk managementiWatch News
Post-Solyndra review urges better energy loan managementThe Hill (blog)

all 266 news articles »


Globe and Mail

Apollo Global Management assets lift off in 2011, up 11%
Pensions & Investments
By Arleen Jacobius Apollo Global Management on Friday reported $75.3 billion in assets under management as of Dec 31, up 11% from a year earlier, according to the alternative investment firm's earnings report. Apollo Global had $35.4 billion in private ...
Apollo Global Management, LLC Reports Financial Results for the Fourth Quarter ...MarketWatch (press release)
Financial Briefing BookWall Street Journal
Apollo Fourth-Quarter Profit Falls 66% on Market SwingsBusinessWeek
Reuters
all 48 news articles »


Business Insider

List Of Pepsi Managers Who Have Left The Company
Business Insider
It's not news that PepsiCo has suffered a lot of management churn in the last few years, and that sales of some brands have been hurt as the company has lost its focus. But it's not until you see the list of senior brand management names who have ...
PepsiCo to Cut 8700 Jobs, Reduce Management Layers in Global Productivity DriveIndustryWeek
PepsiCo Announces Strategic Investments to Drive GrowthMarketWatch (press release)
PepsiCo Cuts Jobs, Plans Culture ChangeFINS

all 590 news articles »


Kansas City Star

Vietnam Premier Urges Land Management Review, Citing Transaction Mistakes
Bloomberg
Vietnamese Prime Minister Nguyen Tan Dung has asked for a nationwide review of land management procedures and said local authorities made mistakes in a land acquisition case in the northern port city of Haiphong, according to a statement on the ...
Forced Eviction 'Illegal'Radio Free Asia

all 125 news articles »


Carrington Capital Management, American Home Mortgage Servicing Announce ...
MarketWatch (press release)
Resolution of Carrington Asset Holding, LLC, ET Al. Plaintiffs, v. American Home Mortgage Servicing, Inc., Defendant SANTA ANA, CA, Feb 10, 2012 (MARKETWIRE via COMTEX) -- Carrington Capital Management, LLC ("Carrington"), a subsidiary of Carrington ...

and more »


Advanced task managers on iOS
CNET (blog)
by Jason Parker February 10, 2012 12:00 PM PST Follow @jparkerCNET There must be hundreds, if not thousands, of to-do-list management apps in the iTunes App Store, but which one should you choose? I found a couple of new task management apps recently ...

and more »


Spend Management Experts Wins Supply & Demand Chain Executive Award
MarketWatch (press release)
ATLANTA, GA, Feb 10, 2012 (MARKETWIRE via COMTEX) -- Spend Management Experts today announced that founder and CEO John Haber has received the Supply & Demand Chain Executive's 2012 "Pros to Know" award in the provider category.

and more »


Ariz. tribe votes to take over Skywalk management
CBS News
A tribal spokesman says the Tribal Council voted Feb.7, 2012 to sever a contract with Las Vegas developer David Jin and take over management of the Skywalk. (AP Photo/The Arizona Republic, Rob Schumacher, File) MARICOPA COUNTY OUT; MAGS OUT; ...

and more »


Schultze Asset Management Founder George Schultze Delivers Key Comments in ...
MarketWatch (press release)
10, 2012 /PRNewswire via COMTEX/ -- George Schultze, Founder and Managing Member of Schultze Asset Management, LLC ("SAM"), was a key speaker today in Harvard Business School's Creating Value Through Corporate Restructuring course taught by Professor ...

and more »


Waste Management Employee Who Works Tirelessly to Save Dogs Receives Top ...
MarketWatch (press release)
10, 2012 /PRNewswire via COMTEX/ -- As part of its annual recognition of community service, Waste Management of Michigan/Ohio has selected Deanna West of Lake Orion, Michigan to receive its most prestigious community award as "Volunteer of the Year" ...

and more »

Google News

home | site map
© 2006