WEBVTT

1
00:00:04.160 --> 00:00:06.960
<v Speaker 1>Helping leaders motivate their people to a higher level of

2
00:00:06.960 --> 00:00:11.720
<v Speaker 1>performance through strong human relations, team building, and golajving. This

3
00:00:11.919 --> 00:00:18.839
<v Speaker 1>is the seven Minute Leadership Podcast with your host Paul Fellavledo.

4
00:00:21.679 --> 00:00:25.359
<v Speaker 2>Hello everyone, and welcome to the seven Minute Leadership Podcast.

5
00:00:25.399 --> 00:00:31.120
<v Speaker 2>It's episode six sixty one. Most leaders are chasing growth,

6
00:00:31.280 --> 00:00:36.560
<v Speaker 2>more revenue, more customers, more volume, bigger numbers. And while

7
00:00:37.280 --> 00:00:40.520
<v Speaker 2>all of that sounds great, here's what gets missed. Most

8
00:00:40.520 --> 00:00:44.920
<v Speaker 2>of the time you were already sitting on profit. You

9
00:00:45.039 --> 00:00:50.719
<v Speaker 2>were just bleeding it out through operational waste. Waste is

10
00:00:50.799 --> 00:00:54.200
<v Speaker 2>not always obvious. It rarely shows up as a big,

11
00:00:54.280 --> 00:00:59.520
<v Speaker 2>flashing red light. It hides in small habits, quiet inefficiencies,

12
00:01:00.320 --> 00:01:04.079
<v Speaker 2>in things people say like that's just how we do it.

13
00:01:04.599 --> 00:01:08.280
<v Speaker 2>That phrase alone is one of the most expensive sentences

14
00:01:08.560 --> 00:01:14.959
<v Speaker 2>in leadership. Operational waste is anything that consumes time, money, energy,

15
00:01:15.079 --> 00:01:19.879
<v Speaker 2>or focus without producing value. And the scary part is

16
00:01:20.400 --> 00:01:24.680
<v Speaker 2>it becomes normal. Teams get used to it, leaders stop

17
00:01:24.799 --> 00:01:28.760
<v Speaker 2>seeing it, and it becomes part of the culture. So

18
00:01:28.799 --> 00:01:31.560
<v Speaker 2>today I want to give you a way to flip that,

19
00:01:31.920 --> 00:01:37.120
<v Speaker 2>to turn operational waste into profit without adding a single

20
00:01:37.439 --> 00:01:41.040
<v Speaker 2>new customer. First, you need to start looking at your

21
00:01:41.079 --> 00:01:46.040
<v Speaker 2>operation like a leak, not a machine. Most leaders treat

22
00:01:46.079 --> 00:01:50.719
<v Speaker 2>their organization like a machine. Input equals output. If you

23
00:01:50.760 --> 00:01:54.560
<v Speaker 2>want more output, you add more input, more people, more hours,

24
00:01:54.640 --> 00:01:59.159
<v Speaker 2>more resources. But what if the problem is not input.

25
00:01:59.280 --> 00:02:03.159
<v Speaker 2>What if the problem problem is leakage. Every wasted minute,

26
00:02:03.159 --> 00:02:10.680
<v Speaker 2>every duplicated task, every miscommunication, every unnecessary step that is

27
00:02:10.719 --> 00:02:14.280
<v Speaker 2>a leak, and those leaks are draining your profit quietly

28
00:02:14.719 --> 00:02:19.639
<v Speaker 2>every single day second. You need to identify the five

29
00:02:19.800 --> 00:02:25.560
<v Speaker 2>biggest waste zones. Here is where they usually live. Time waste,

30
00:02:26.000 --> 00:02:30.319
<v Speaker 2>the people waiting around, unclear priorities, meetings that go nowhere.

31
00:02:31.199 --> 00:02:35.800
<v Speaker 2>Process waste steps that exist because they always have not

32
00:02:35.960 --> 00:02:43.680
<v Speaker 2>because they add value. Communication waste, repeating instructions, unclear expectations,

33
00:02:43.759 --> 00:02:51.319
<v Speaker 2>fixing preventable mistakes, resource waste supplies overused or underused or

34
00:02:51.560 --> 00:02:57.319
<v Speaker 2>poorly managed. Talent waste, people capable of more that are

35
00:02:57.400 --> 00:03:02.199
<v Speaker 2>stuck doing less. If you want to turn waste into profit,

36
00:03:02.520 --> 00:03:06.719
<v Speaker 2>you don't start with a spreadsheet. You start by walking

37
00:03:06.759 --> 00:03:10.879
<v Speaker 2>your operation and asking one simple question, over and over again,

38
00:03:11.599 --> 00:03:15.159
<v Speaker 2>why are we doing this? Not in an aggressive way,

39
00:03:15.240 --> 00:03:19.000
<v Speaker 2>in a curious way, in a leadership way, and you'll

40
00:03:19.039 --> 00:03:21.919
<v Speaker 2>be shocked at how many answers come back as I

41
00:03:21.960 --> 00:03:26.120
<v Speaker 2>don't know or we've always done it this way. That

42
00:03:26.439 --> 00:03:30.520
<v Speaker 2>is where profit is hiding. Third, you need to assign

43
00:03:31.560 --> 00:03:36.680
<v Speaker 2>ownership to waste. Here's a leadership mistake. Everyone is responsible,

44
00:03:36.719 --> 00:03:40.360
<v Speaker 2>which means no one is responsible. If you want to

45
00:03:40.400 --> 00:03:43.319
<v Speaker 2>eliminate waste, you need to make it someone's job, not

46
00:03:43.439 --> 00:03:49.400
<v Speaker 2>as punishment as ownership. Give someone the role of identifying inefficiencies,

47
00:03:49.560 --> 00:03:53.919
<v Speaker 2>empower them to speak up, protect them when they challenge

48
00:03:53.919 --> 00:04:00.000
<v Speaker 2>outdated processes. Because the moment people feel safe pointing out waste,

49
00:04:00.039 --> 00:04:05.439
<v Speaker 2>operation starts getting sharper. And Fourth, measure what matters. You

50
00:04:05.479 --> 00:04:09.479
<v Speaker 2>don't need a complicated dashboard, You need visibility. How long

51
00:04:09.520 --> 00:04:13.319
<v Speaker 2>does it take to accomplish a task? How often are

52
00:04:13.680 --> 00:04:17.560
<v Speaker 2>errors happening? How much time is spent fixing problems that

53
00:04:17.800 --> 00:04:21.519
<v Speaker 2>should not exist? Where are you spending money without a

54
00:04:21.639 --> 00:04:27.160
<v Speaker 2>clear return. When you start measuring these things, patterns appear,

55
00:04:28.000 --> 00:04:33.240
<v Speaker 2>and those patterns lead directly to profit. Fifth, remove one

56
00:04:33.279 --> 00:04:36.759
<v Speaker 2>thing at a time. Leaders get excited and try to

57
00:04:36.800 --> 00:04:41.399
<v Speaker 2>fix everything at once, and that creates chaos. Pick one process,

58
00:04:41.519 --> 00:04:47.040
<v Speaker 2>one inefficiency, one leak, fix it, simplify it, eliminate it,

59
00:04:47.199 --> 00:04:51.959
<v Speaker 2>and then move to the next. Small operational improvements compound

60
00:04:52.040 --> 00:04:56.959
<v Speaker 2>fast and unlike chasing revenue, this is profit you keep.

61
00:04:57.680 --> 00:05:00.519
<v Speaker 2>So let me give you a real example. If your

62
00:05:00.560 --> 00:05:05.319
<v Speaker 2>team wastes ten minutes per shift on something unnecessary and

63
00:05:05.360 --> 00:05:08.560
<v Speaker 2>you have ten people, that's one hundred minutes per day

64
00:05:09.160 --> 00:05:13.959
<v Speaker 2>over a year. That turns into thousands of hours, thousands

65
00:05:14.000 --> 00:05:19.399
<v Speaker 2>of hours of payroll, energy, and lost opportunity. You're not

66
00:05:19.480 --> 00:05:24.759
<v Speaker 2>just wasting time, your burning profit. Now flip that eliminate

67
00:05:24.959 --> 00:05:29.439
<v Speaker 2>that ten minutes, reclaim those hours, reinvest that time into

68
00:05:29.680 --> 00:05:35.240
<v Speaker 2>better service, better preparation, better performance. That is how waste

69
00:05:35.480 --> 00:05:41.800
<v Speaker 2>becomes profit. And Sixth, build a culture that hates waste.

70
00:05:41.800 --> 00:05:45.920
<v Speaker 2>This is where leadership shows up. If you tolerate inefficiency,

71
00:05:46.560 --> 00:05:50.360
<v Speaker 2>your team will normalize it. If you challenge it, your

72
00:05:50.399 --> 00:05:53.800
<v Speaker 2>team will start looking for it. You want people asking

73
00:05:54.360 --> 00:05:57.240
<v Speaker 2>is this the best way to do this? Every single day.

74
00:05:57.800 --> 00:06:01.360
<v Speaker 2>You want your team thinking like owner, not just employees,

75
00:06:01.480 --> 00:06:08.079
<v Speaker 2>because when people start protecting time, protecting resources, and protecting effort,

76
00:06:08.279 --> 00:06:12.920
<v Speaker 2>your entire operation tightens up. And when your operation tightens up,

77
00:06:13.439 --> 00:06:20.120
<v Speaker 2>profit follows. Seventh, understand this is not about cutting corners.

78
00:06:20.160 --> 00:06:23.879
<v Speaker 2>This is about this is not about doing less, It's

79
00:06:23.920 --> 00:06:28.480
<v Speaker 2>about doing better. There's a difference between efficiency and cheapness.

80
00:06:28.560 --> 00:06:34.720
<v Speaker 2>Efficiency respects time, resources, and people. Cheapness cuts quality, cuts

81
00:06:34.759 --> 00:06:39.000
<v Speaker 2>corners and creates bigger problems later. Your goal is to

82
00:06:39.079 --> 00:06:45.240
<v Speaker 2>remove waste without lowering standards. That is real leadership. And finally,

83
00:06:46.040 --> 00:06:50.319
<v Speaker 2>this is where your credibility is built. Anyone can chase growth.

84
00:06:50.519 --> 00:06:54.600
<v Speaker 2>That's easy to talk about. Very few leaders are disciplined

85
00:06:54.720 --> 00:06:59.480
<v Speaker 2>enough to eliminate waste because it requires attention, honesty, and

86
00:06:59.560 --> 00:07:03.519
<v Speaker 2>a willingness to challenge the way things have always been done.

87
00:07:04.000 --> 00:07:07.639
<v Speaker 2>But when you do this, your team notices. They see

88
00:07:07.639 --> 00:07:11.519
<v Speaker 2>a leader who pays attention. They see a leader who

89
00:07:11.600 --> 00:07:15.160
<v Speaker 2>respects their time. They see a leader who is serious

90
00:07:15.199 --> 00:07:20.680
<v Speaker 2>about performance, and that builds trust. So here's your move today.

91
00:07:21.000 --> 00:07:25.800
<v Speaker 2>Walk your operation, find one leak, fix it. Do that

92
00:07:26.000 --> 00:07:29.959
<v Speaker 2>consistently and you will not need to chase profit. You

93
00:07:30.040 --> 00:07:37.040
<v Speaker 2>will uncover it. So profit is not always something you

94
00:07:37.079 --> 00:07:42.240
<v Speaker 2>go out and find. Sometimes it's something you stop losing.

95
00:07:42.959 --> 00:07:45.959
<v Speaker 2>Look closer, it is what is happening inside your operation.

96
00:07:46.600 --> 00:07:49.600
<v Speaker 2>The answer is already there, waiting for you to take

97
00:07:49.639 --> 00:07:54.480
<v Speaker 2>ownership and act. And if you want more free leadership resources,

98
00:07:54.600 --> 00:07:57.279
<v Speaker 2>head over to Paul Falavalito dot com and click on

99
00:07:57.360 --> 00:08:01.279
<v Speaker 2>free stuff. I have twenty five free leadership documents you

100
00:08:01.360 --> 00:08:05.399
<v Speaker 2>can download and start using today. This has been the

101
00:08:05.480 --> 00:08:08.720
<v Speaker 2>seven minute Leadership podcast, and I thank you for listening.

102
00:08:08.959 --> 00:08:12.920
<v Speaker 1>For more Paul fell of Alito Podcasts, visit paulfellowalito dot

103
00:08:12.959 --> 00:08:14.120
<v Speaker 1>com