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The Knowledge Work Factory: Turning the Productivity Paradox into Value for Your Business William Heitman

The Knowledge Work Factory: Turning the Productivity Paradox into Value for Your Business By William Heitman

The Knowledge Work Factory: Turning the Productivity Paradox into Value for Your Business by William Heitman


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The Knowledge Work Factory: Turning the Productivity Paradox into Value for Your Business Summary

The Knowledge Work Factory: Turning the Productivity Paradox into Value for Your Business by William Heitman

The groundbreaking guide to boosting efficiency and revenue in any white-collar setting-without investing in new technology
Despite the ubiquity of advanced office technology, knowledge work has seen virtually no measurable productivity improvement since the 1960s. In fact, technology often leads to decreased productivity. This well-documented disconnect is known as the Productivity Paradox, and it has been accepted as normal by companies around the world for decades.
The Knowledge Work Factory provides a proven, easy-to-implement program for eliminating the Productivity Paradox. This one-stop guide takes you through the processes of scrutinizing workflows and activities, ferreting out waste, and restructuring processes to boost efficiency, productivity, and job satisfaction to the very knowledge workers it affects.

About William Heitman

William Heitman, the founder and managing director of The Lab Consulting, has spent over 25 years finding and implementing non-technology-based improvements for top Fortune 500 companies. A renowned thought leader on the subject, he has published articles about it for many of the business world's top magazines and journals.

Table of Contents

Introduction: Just Another Day at the Office

Part I: The Problem

Chapter 1: Where is White-Collar Waste Hiding? In Plain Sight!
* What do a financial-services company and a tire manufacturer have in common?
* Why do 20 percent of earnings go missing-and unnoticed?
* Test your knowledge: three spot the waste stories.
* Introducing the concept of virtuous waste.

Chapter 2: Did You Notice That Your Most Valuable Assets Have Shifted?
* Buried in Babylon: the difference between tangible and intangible assets.
* Competencies: mundane work activities that are worth a fortune.
* Why your greatest assets remain unrecognized and underproductive.
* How unique is your business? Understanding the anti-standardization bias.

Chapter 3: How We Got Here: The Long Journey to Myopia
* Thirty thousand years of productivity improvements-in just five minutes.
* Should technology drive work activities-or the other way around?
* Why has knowledge work failed to improve when other work has wildly succeeded?
* The Industrial Revolution, big rocks theory, and the productivity paradox.

Part II: The Solution

Chapter 4: Finding--And Fixing--Your Business' Biggest Blind Spots
* Perceptive biases that trick your brain into giving you incorrect information.
* Logic biases, flawed rationalizations, and profit-robbing false trade-offs.
* The principle of least effort: not as simple as it sounds.
* Powering past your blind spots: techniques for seeing the unseen.

Chapter 5: Transforming Your Business into a Knowledge-Work Factory
* The immutable elements of industrial-and knowledge-work.
* Three perceptual errors that make the brain ignore these elements.
* The better mousetrap dogma: market-based suppression of business innovation.
* Touring the anthill of knowledge work operations.

Chapter 6: What's the Capacity of Your Knowledge-Work Factory?
* The rise and (mostly) fall of org charts: an unmatched masterpiece from 1855.
* How knowledge labor-cost data go missing-and where they're hiding.
* Why knowledge workers believe they're exempt from productivity management.
* Five lessons from a century of failed organizational theories.

Chapter 7: Recognizing the Hidden Products Your Knowledge Workforce Builds
* Taking inventory: the overlooked products your knowledge workers create every day.
* How false complexity erodes productivity-and impedes standardization.
* Lessons from the factory floor: adapting product-based management to knowledge work.
* A finance department case study: best intentions, worst outcomes.

Chapter 8: Building Your Very Own Knowledge Work Factory
* Beginning with basics: capacity and work products.
* The 1914 productivity death match: Frederick Taylor vs. Henry Ford.
* Separating the management of work from the performance of work.
* Reducing variance to boost productivity up to 30 percent-without technology.

Part III: The Turbocharge

Chapter 9: Optimizing Your Knowledge Work Assembly Lines
* The five maybes: a simple path to business-process improvement.
* How to outachieve the overachievers to reach better-than-best- practice performance.
* Why today's knowledge work is tragically under-automated.
* Documenting and managing predictable patterns in business processes.

Chapter 10: Analyzing And Simplifying Knowledge Work Activities
* Overcoming the three challenges to activity-level knowledge work improvement.
* The periodic table of knowledge work activities.
* Which work activities are unique? Shattering a longstanding misperception.
* Tales of terror: real-world examples of hidden waste (with happy endings).

Chapter 11: Turbocharging Your Knowledge Work Factory
* Doubling and redoubling productivity, one wrench-turn at a time.
* A spreadsheet/robot smackdown.
* The Activity Cube: reconciling four views of operations.
* Vendor hype versus reality: how much can you actually automate?

Chapter 12: Managing Industrialization
* Counterintuitive strategy: how to win by playing not to lose.
* Crossing the void: three strategic milestones.
* Building your knowledge work factory: a two-phased approach.
* Demons of the deep: how to avoid common implementation traps.

Endnotes

Index


Additional information

NGR9781260122152
9781260122152
1260122158
The Knowledge Work Factory: Turning the Productivity Paradox into Value for Your Business by William Heitman
New
Hardback
McGraw-Hill Education
2019-02-13
352
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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