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Lean Thinking isn’t Just for Large Manufacturing Businesses: A Roadmap for Applying it to Small and Medium Enterprises
Toyota developed lean thinking — a rigorous, data-centric approach that aims to optimize business processes by empowering staff to identify and solve problems — in the 1950s. But as Yaquta Fatehi and Heather Esper at the William Davidson Institute explain, small and medium enterprises (SMEs) are increasingly using lean methodologies to reduce costs, increase efficiency and boost customer satisfaction and profits. They define key concepts and standard practices in lean thinking, and propose a roadmap for applying these approaches to SMEs' operations.
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South Africa to Introduce Shared Parental Leave After Landmark Judgment
Country will be first in Africa to introduce measure after its high court ruled that both parents must have right to time off.
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- Uncategorized
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- Sub-Saharan Africa
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Press Release: Visa Foundation Commits To Uplift Women Entrepreneurs Across Sub-Saharan Africa Through Its Equitable Access Initiative
As part of its $200 Million Equitable Access Initiative, Visa Foundation commits $1 Million to two local organizations – AfriLabs and Graça Machel Trust – building on its efforts to support gender diverse and inclusive small and micro businesses
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- Sub-Saharan Africa
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D2C Meat Brand Fipola Ceases Operations Amid Funding Winter in India
Chennai-based meat delivery D2C startup Fipola has reportedly shut its operations and is looking for ways to liquidate assets to pay off operational dues.
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- Asia Pacific
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South Africa’s Guardrisk Has $2.8 Million to Invest in Innovative Insurtech Solutions
South African cell captive insurance provider Guardrisk is looking for innovative insurtech startups to back via its ZAR50 million (US$2.8 million) LAUNCHPAD initiative.
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- Sub-Saharan Africa
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- innovation, insurance, partnerships, startups
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Takealot Launches Accelerator Programme for Black-Owned SMME Suppliers in South Africa
The SMMEs will also get the opportunity to pitch their business for potential grants or interest-free loan funding.
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- Sub-Saharan Africa
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- e-commerce, MSMEs, skill development
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South Africa to Support Entrepreneurs With US $77 Million+ This Year
To improve the sector and foster its growth, the government plans to implement new measures.
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- Sub-Saharan Africa
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Vice President Harris Announces Public-Private Partnership Has Generated More Than $4.2 Billion in Private Sector Commitments for Northern Central America
More than $950 million announced today will create economic opportunity in the region, help address root causes of migration.
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- Latin America