Great analysis & explanations - and I agree, time is such a valuable resource. I remember a meeting where someone said a project was cost-neutral and they meant it wouldn't cost money, but clearly it was taking a ton of time -- which means it's not cost-neutral, it's just cash-neutral.
Great analysis & explanations - and I agree, time is such a valuable resource. I remember a meeting where someone said a project was cost-neutral and they meant it wouldn't cost money, but clearly it was taking a ton of time -- which means it's not cost-neutral, it's just cash-neutral.
Absolutely! There’s always a cost to everything.
Truth is a “time cost” is the most certain thing.
When it comes to cost savings projects, people often pay little attention to time.
I wrote something about it here: https://open.substack.com/pub/leanleverage/p/the-cost-of-ignoring-time-not-all?r=4x0s4&utm_medium=ios
Thanks for your insight Joy