8 Types of Waste – Part 1

If you want to reduce waste in your business, you need to practice identifying and naming that waste. In this episode, we continue our series with Path for Growth COO Zack Estes about operational excellence. Alex and Zack break down the first 3 of 8 types

An episode of the Path for Growth podcast, hosted by Path for Growth, titled "8 Types of Waste – Part 1" was published on June 20, 2023 and runs 44 minutes.

June 20, 2023 ·44m · Path for Growth

Summary

If you want to reduce waste in your business, you need to practice identifying and naming that waste. In this episode, we continue our series with Path for Growth COO Zack Estes about operational excellence. Alex and Zack break down the first 3 of 8 types of waste. They also share some valuable insights about maintaining a healthy attitude toward waste and continuing to stay focused on service.  Today we’re continuing our series on operational excellence with our COO Zack (0:41) Waste is much easier to fix if you know what to look for (1:52) If it’s not efficient, then it’s not effective (2:34) Continuous improvement and respect for people are 2 reins you need to balance (6:43) The 8 types of waste are represented by the acronym “DOWNTIME” (8:21) Why is it valuable to understand the types of waste? How to maintain a healthy attitude toward waste (11:19) 1. Defects (20:36) 2. Overproduction (24:25) 3. Waiting (30:24) Focus on service and delivering value (40:37)  Helpful Links and Resources Path for Growth Membership Path for Growth One-on-One Coaching Sign up for the Worth It Wednesday Email Learn more about the 2023 Path for Growth Experience – Leading Leaders Download the Free Reading Guide Join Path for Growth on Instagram for more content.

Episode Description