The Synergy Paradigm

Written by John Maceda


The Synergy Paradigm

John Maceda

Synergy: {n} The working together of two things to produce an effect greater thanrepparttar sum of their individual effects.

Most businesses operate on two distinct levels:

•Human Systems – Those systems that are concerned with or operated by people. •Process Systems – Those systems that are functional or mechanical in nature.

Each of these systems is independent ofrepparttar 103483 other and each has its own characteristics and needs. Human systems and process systems do not generally haverepparttar 103484 same challenges or solutions although they must work in total synergy in order to achieverepparttar 103485 greatest success.

Take a simple task like driving your car. The operator (human system) must be alert and competent. The car (process system) must have all of its components running smoothly. The two systems (human and process) must work in total synergy and cooperation with one another in order to succeed.

We could diagram this process as synergy sits atoprepparttar 103486 pyramid of cooperation between human systems and process systems.

Most companies try to operate their two systems in a cooperative manner and most fail to ever reach true synergy.

True synergy isrepparttar 103487 almost effortless cooperation betweenrepparttar 103488 two systems. It produces very little waste andrepparttar 103489 outcome is highly efficient and productive.

So if true synergy is a goal how does one achieve it?

To achieve true synergy in business we must first know and understand what our customers want and expect. We must design our process systems around those customer needs. Process systems must be designed in such a way that they can be readily measured using a statistical approach and remain open enough to allow substantial change to occur. This, of course, requiresrepparttar 103490 application ofrepparttar 103491 human system to study, analyze and design solutions that are first and foremost targeted torepparttar 103492 customer.

So our roadmap for synergy could begin with gathering our customer requirements, identifying waste and variation using tools such as DMAIC, eliminating defects and waste on one side and eliminating non value added or unnecessary items onrepparttar 103493 other and finally proceeding torepparttar 103494 design phase.

Eight Key Steps to Selling Your Business and Cashing In!

Written by Afra AmirSanjari


This year, some 700,000 American businesses will be sold. Most will be small and mid-sized businesses like yours. If you, too, are thinking of selling, consider these practical steps for makingrepparttar process go smoothly.

1. Determine a Realistic Price Range 2. Understandrepparttar 103482 Tax Consequences 3. Prepare for a Sale 4. Seek Potential Buyers 5. Negotiate Your Deal 6. Sign a Sales Agreement 7. Plan forrepparttar 103483 Closing 8. File Paperwork Withrepparttar 103484 IRS

Now forrepparttar 103485 GOOD STUFF!

Gettingrepparttar 103486 Cash Out of your Business Note Business notes, known more specifically as seller carryback business notes, are created whenrepparttar 103487 buyer of a business can not or will not pay all cash. Frequently, banks and similar lending institutions are hesitant to loan money to new business owners who have minimal track records and where hard assets make up a small percentage ofrepparttar 103488 total purchase price.

Inrepparttar 103489 case where a buyer cannot obtain a loan,repparttar 103490 seller is left with two choices (1) hold off until he/she find a buyer who can pay all cash or (2) carry back a note in order to collect future payments. The first option is often not realistic. Inrepparttar 103491 second case,repparttar 103492 seller is hopefully able to at least extract a large down payment to make extra sure thatrepparttar 103493 buyer has some "skin inrepparttar 103494 game". However, even thenrepparttar 103495 seller is usually in a position that he prefers not to be in – he has no lump sum of money to either invest in other opportunities or to retire. Unlike a real estate note, where is there is a hard asset that is fairly easy to appraise;repparttar 103496 business note is relatively risky to hold.

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