We have kicked off 2014 with a mission to improve financial efficiency, by declaring it as the “Year to Get Lean.” Lean refers to the production system pioneered by Japanese automobile makers, Toyota, which focuses on eliminating wasteful processes to improve profitability.

This concept of reducing waste can also be applied to your personal and professional life. If you want to be a peak performer in all your activities and be successful with your goals, then lean is the way to go. This week, we will look at strategies to incorporate lean techniques in time utilisation.

There are three Japanese words that explain the types of inefficiencies that can hamper your results. Muda means idleness or wastage of resources when carrying out your tasks, mura is the unbalanced or irregular usage of resources, while muri means excessive or impossible activities. Continue reading How to Get Lean With Your Time →