- Taurus Concepts is active in these sectors:
- Manufacturing
- Health care
- Financial services
- Retail
- Food & beverage
- Mining
- Obstacles to improvements are:
- Labor pool issues (poor quality of employees, staff shortage or surplus)
- Low morale
- High staff turnover
- Ineffective internal communication
- Complex legislation and regulation
- Misalignment of staff performance and bonus metrics with corporate goals/objectives results in unfair compensation and lower productivity.
- Senior management's inability to implement change results in lower productivity.
- Managers, on average, spend only 11% of their time increasing productivity through active leadership.
- Managers are buried under reports they don't use to manage.
Only 60% of the reports are used to manage.
- On average, managers spend 35% of their time on paper work.
For these tasks, 25% of a manager's time is preferred.
- Most managers believe they can increase productivity 13.8%.
However, the actual average increase tends to be 9.8%.
- The biggest challenge a company can face is that of a culture change.
- On average, 70% of companies is willing to improve productivity.
- These 4 factors are pivotal in achieving organization-wide improvements in processes and controls:
- Management
- Workforce
- Communications
- Training
- Cost reductions can be seized through:
- Business process streamlining
- Effective management control systems
- Extensive training
- The Taurus Concepts approach results in:
- Increased productivity
- Proactive staff behavior
- Strong competitive positioning
- Involvement of company's employees
- Supervisory competence is a key factor in improving productivity.
- On average, managers receive only 6 days of training per year.
- These 3 factors need to be in place to achieve organizational effectiveness & quality, and minimize waste:
- Effective supervision
- Workforce comprehension and support of processes
- Transparent communication
- During the past few years, workforce productivity has dropped to an average of 2 productive/3 unproductive days per week.
success stories