Inspired by Ted Murphy’s post about the TIM meeting calculator, I whipped up an Excel version to meet my own needs. How could I not? After all, it’s name after me!
Anyway, I cranked this out because I lead a daily meeting with at least 2 dozen daily attendees ranging from hourly support employees to multiple vice-presidents, and I use a projector and Excel as my tools so a spreadsheet will be the most effective communication tool in my environment. I’m the Materials guy that gets assigned to the programs with “issues”, so during the early stages the meeting time can be extensive (read: expensive). As control is re-established and meeting time’s are cut down, the productive time of the team is freed to go back to generating profit.
The other reason I created the spreadsheet is because Money is Money and I didn’t want to pay for the TIM. But if you don’t get to keep Excel running during the meeting where everyone can see the result, by all means head over to Ted.me and follow the link to buy a TIM of your own.
In the meantime, feel free to download the Time is Money Excel Calculator: Single-Level MRP Model (243)
Note: The file contains 2 macros to enter the start and end times conveniently.
Just proved the wisdom of data tracking and trend analysis again.
Variation isn’t something that can be avoided, however, but as a professional I need to be diligent about controlling those factors under my control… Primarily, I use pivot tables in MSExcel in this process. I track demands over time, supply exceptions over time, excess/obsolete over time… well, you notice “over time” is the critical factor.
I don’t tweet a whole lot because it irks me to create content for someone else when I already have my own blog. I get the value of Twitter in bringing people to my site that would not otherwise find me, but I wanted to store my content on my domain in a way that permitted it to indexed and found more directly than having a searcher go through Google. But I also recognize that a lot of people aren’t going to be interested in consuming more Tim, so I wanted to keep the quick-hitter stuff off the home page so it doesn’t bury the more valuable posts that I work for many hours to craft.
So, I thought I’d try an experiment after reading this article:
How to Create Micro Blogs Within WordPress « Weblog Tools Collection.
This post is the first big test.
Ghandi once remarked that there are two kinds of people: Those that do the work and those that worry about getting the credit, and he advised that one should try to be in the first group. A noble sentiment, but in the real world I find such a person does not exist. I include myself in this analysis.
For each of us, there is a lifetime work-credit graph similar to a supply-demand market equilibrium graph in economics; ideally, we want to be working at equilibrium with the credit we receive. But, there are times where we work harder than we get credit for, and times where we get credit we don’t necessarily deserve. Human nature being what it is, we often put our efforts into those things that will maximize the credit we receive, regardless of the actual amount of work (or value!) we bring to our jobs.
Additionally, I’ve often complained that there is a reason that people who are good crisis managers got that way. In my experience, they experience an abnormally high number of crises, and then are congratulated for solving their own problems. I don’t appreciate these people the way others might. I believe a professional works to minimize their problems and variability, and understands their issues without needing to “go get their arms around it”.
So, I spend time every week developing tools at work that I hope will increase the value I bring to my job. It is an iterative process, always looking for that perfect tool that gives me perfect visibility. I’ll never find perfection, but the search gets me closer with every iteration.
I use most of these tools to analyze MY own performance and those things under MY control. I work in an extremely complex, dynamic environment, but the optimal work model in my industry is to minimize variation and maximize repeatability. As a Master Scheduler, I control much of the front-end of the manufacturing process – any variation on my part bullwhips through the organization. Variation isn’t something that can be avoided, however, but as a professional I need to be diligent about controlling those factors under my control.
Primarily, I use pivot tables in MSExcel in this process. I track demands over time, supply exceptions over time, excess/obsolete over time… well, you notice “over time” is the critical factor. After each MRP run (we run weekly), I export all of my data and review several critical factors: has my backlog changed, is my planned order report correct, has my excess/obsolete moved unexpectedly in either direction, and has the exception report changed positively or negatively. There are many other items I track, but I start with these and use them to uncover issues and troubleshoot them prior to someone else asking me that dreaded question, “What happened?”
I paste the data into spreadsheets and add a column for the date, then run a pivot table with the date across the top and the data being measured in the vertical column(s). Now I have a neat, easily-built, easily-understood trend analysis showing how the data changes over time. From here, I look for exceptions, troubleshoot, pareto, and start working to resolve as quickly as possible.
At this point, I am out in front of the rest of organization. No one is coming to me with a problem, asking how it occurred, and wanting to know how it will be fixed. The problem didn’t cascade or mushroom through the rest of the organization; most people never know the problem exists unless they’re involved in the resolution or I choose to tell them. The discipline with which I maintain and work this data provides me the opportunity to show my work in it’s best light. Ghandi was half right; There are two kinds of people, but I try to be in both groups.
Jeremiah Owyang has a post where he thinks ahead to how the emergence of Twitter in the mainstream is going to change the nature of Twitter.
Among the insights aboout celebs will use and be able to monetize Twitter, and how the early-adopters are beginning to react, was this nugget:
More Hay and less Needles
This increase in people, and brands of all sorts joining Twitter will cause more noise and content to be created. We haven’t even seen the half of it, as devices like your car, laptop, can start auto-emitting signals that could become tweets. As a result, expect more filtering tools and analysis by humans to matter more and more.
To me, these would be needles, not hay. I’ve heard of the emergence of technologies that would permit a refrigerator, for instance, to send a signal to the owner and the warranty-repair facility when it senses a component failing. Adding this capability to to electronic and mechanical devices in the home, utilizing Wi-Fi as the signal transport, and Twitter (or Facebook or just plain old e-mail) would be a killer-app for someone like me.
For instance, my car, sitting in garage, would be within my wireless network and would send a tweet saying “Time to change the oil (or brakepads or transmission fluid…)”. If the car had the ability to sense critical failures and notify me: “I am sensing a loss of radiator fluid in excess of normal usage”, it would trigger me to search out a leak in a hose before I wind up on the side of the highway with a looming tow and expensive repair bill.
Would I pay more for a car/refrigerator/washing machine/dishwahser/TV with this feature? Sure, depending on the product and its tendency to fail. A car is easy; repairs are expensive and I am not a car-guy. I need prompting of this sort. Household appliances? Depends. Most of mine last years and years and years, so the value I would perceive for this technology would not be as great as with a car.
Like any option on any product, there will be a market for this technology that will depend on the relative value of the technology versus the price of the product (easier sell on more expensive products) and the perceived value to the user. Do I see making twitter a utilitarian tool, in addition to a social networking tool, a good thing?
You bet.
Oh yeah, Tweet me.
