Financially Simple

In episode 118 of Financially Simple, Justin looks at what makes for a Good Operations Management System. A Business's Management Systems are the fundamental processes that keep a Business running on track. Justin goes over the five core elements of a good and efficient Operations Management System. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! TIME INDEX: 00:23 - The Elements of a Good Operations Management System 00:29 - Clearing out the Chicken Coop 03:13 - The Five Elements 04:22 - 1. Processes and Procedures 05:49 - Streamlining 07:11 - 2. Roles and Responsibilities 08:39 - 3. Tools 12:45 - How much are you wasting? 13:15 - 4. Risk and Safety Controls 15:28 - 5. Metrics and Reporting 16:26 - Baseline Capacity vs. Demand Requirements 18:40 - Reporting Frequency 19:06 - Summary   USEFUL LINKS: Financially Simple Financially Simple on YouTube Financially Simple on Facebook Financially Simple on Twitter _______ BIO: Justin A. Goodbread, CFP®, CEPA, CVG