When thrust into a situation where either resources are constrained, there are competing management choices, and paths forward are unclear, I often find a consulting method of “finding and relieving the bottleneck” useful.
For example, suppose a startup is trying to figure out how to ramp up sales from its first (non-repeatable) deals. Or suppose a company cannot determine whether sales or operations processes are the primary lever for stabilizing revenues. Yet another case might be that there is an incubator unit within a larger company that is underperforming
– how might you approach the problem of fixing the situation?
At its core, “finding and relieving the bottleneck” is an analytical method used in production and operations. There are a couple of predominant ways that I look at operations by default, the former being a more quantitative method involving system & process flows and things like Little’s Law, and the latter (which I strongly recommend) method using visual inspection and interviews with client management. Here I’ll address the latter.