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Mu Sigma is inspired by Elon Musk's work. We share his passion for learning and innovation and we have adopted the principles that have driven his businesses to continually improve and optimize. From fixing dumb requirements and removing unnecessary parts to simplifying, speeding up cycle times, and automating, Mu Sigma has developed methods are designed to solve complex problems efficiently. Learn more about the principles and how they can unlock value #ElonMusk #EngineeringPrinciples #Learning #Innovation

Mu Sigma is inspired by Elon Musk's work. We share his passion for learning and innovation and we have adopted the principles that have driven his businesses to continually improve and optimize. From fixing dumb requirements and removing unnecessary parts to simplifying, speeding up cycle times, and automating, Mu Sigma has developed methods are designed to solve complex problems efficiently. Learn more about the principles and how they can unlock value #ElonMusk #EngineeringPrinciples #Learning #Innovation

At Mu Sigma, we share a profound passion for learning and innovation. Inspired by Elon Musk's work, we’ve adopted principles that drive us to continually improve and optimize our processes. From fixing dumb requirements and removing unnecessary parts to simplifying, speeding up cycle times, and automating, our methods are designed to solve complex problems efficiently. Learn more about these principles and how they can unlock value.  See the carousel below. #ElonMusk #EngineeringPrinciples #Learning #Innovation

Use Elon Musk’s 5 step algorithm to radically improve your Returns Process 🚀 What would Elon do to improve your returns process? Often we end up doing things, not because they are optimal, but because that’s just how we have done them in the past. But you can figure out a better way. Check out the video to see his powerful approach to process optimization in general: 🧐 Step 1: Question every requirement ✂️ Step 2: Delete any part or process you can ⭐️ Step 3: Simplify and optimize ⏱️ Step 4: Accelerate cycle time 🤖 Step 5: Automate His thinking contains valuable lessons we can apply to improve our own product returns process. Want to know how? Then read through the blog post linked in the first comment. Here we walk through how to apply the algorithm in the context of improving your returns process. Check it out and get inspiration for how to improve your process. Give it a try and let us know how you get on ☀️ #returns #returnsmanagement #retail #fashion #furniture

Aspirant: I want to be like Elon Musk and that's why I wrote I want to drop out and start my own company. Hash: You can't write that you want to drop out of a program and hope to get selected into the program. No wonder you got dinged at all the colleges you applied to. #MBAconsulting #DingAnalysis

My favorite quote about process thinking is from Elon Musk. Musk outlines a five-step process to improve systems, which he often emphasizes to his teams: 1 "Critically evaluate every requirement, no matter where it comes from. Know exactly who proposed it, and don't just assume it's necessary because it came from someone smart. 2 Eliminate unnecessary steps. You should be able to remove at least 10% of steps without consequence. If you don’t need to bring anything back, you haven’t removed enough. 3 Simplify and optimize after removing unnecessary steps. It's a mistake to optimize something that shouldn’t even exist. 4 Reduce cycle time. After eliminating and simplifying, focus on speeding up what remains. 5 Automate. Only after everything else is done should you automate. Automating an inefficient process is a common error." Musk stresses the importance of critical thinking and process streamlining before automation, a lesson learned from experiences at Tesla and SpaceX #Elonmusk #Tesla #SpaseX #criticalthinking #processthinking #algorithm

Elon Musks 5 Design Steps Lean production with cuts or long time solution? 1: Make the requirements less dumb. Musk notes that “your requirements are definitely dumb, it does not matter who gave them to you.” Similar to Framestorming and its reminder to ‘question the question’, Musk uses this step to test assumptions, pointing out that requirements from a ‘smart person’ are often the most dangerous since you might not question them enough. 2: Delete the part or process. “If you’re not adding things back in at least 10% of the time, you’re clearly not deleting enough.” Musk suggests starting lean and building up when and if required, but warns that the bias will be to add things ‘in case’, “but you can make ‘in case’ arguments for so many things.” He goes further, arguing that each requirement or constraint must be accountable to a person, not a department, because you can ask that person about its relevance and purpose, rather than having a requirement that nobody owns and persists for years despite being redundant. 3: Simplify or optimise the design. “Possibly the most common error of a smart engineer is to optimise a thing that should not exist,” Musk explains, emphasising the importance of working through the first two steps before trying to optimise. To do this effectively, Musk argues that each engineer needs to take a holistic view of the project, pointing to previous mistakes where engineers had invested enormous resources into reducing the weight of the rocket’s engine but hadn’t adequately addressed the equivalent problem of reducing payload weight. 4: Accelerate cycle time. Musk embraces the drive to go faster but warns against pointing your efforts in the wrong direction, saying “if you’re digging your grave, don’t dig faster.” He seems to recommend an accelerated Agile approach, but only after the first three steps of his process are satisfied to ensure that you’re moving faster in the right direction. 5: Automate. Musk warns against automating before the earlier points are addressed. He relates the story of streamlining a robotic process to build battery mats in the Tesla Model 3. He describes investing massive time and effort to automate and streamline that problematic process before he finally asked what the mat was for. He discovered that it had been created to reduce sound but was no longer required. #Elonmusk #Designprocess #automate

I recently finished reading a book on Elon Musk written by Walter Isaacson. I can’t say I’m a huge fan of Elon himself, but you can’t argue that he hasn’t created some brilliant business concepts. One concept that I want to share with you is called Elon’s “algorithm”, a distillation of lessons learned while he relentlessly increased production capacity at Tesla. I have begun using this algorithm often and finding it to be very useful in simplifying solutions, improving consistency, and increasing efficiency with scale. I’d like to point out that this algorithm, which apparently, he trotted out at almost every meeting, was created AFTER he made a major mistake. In short, he started at #5 (automate) when he should have started with #1, 2, 3 and 4. An original mistake I have been guilty of making as well. Thus, it’s critical to do these steps in this order: 1) Question every requirement. Know exactly who it came from. Question it no matter how smart that person is – and especially if it came from a smart person, because people are less likely to question them in the first place. 2) Delete any part of process you can. You may have to add some of them back in later, but if you don’t add back at least 10 percent of them, then you didn’t delete enough. We often do things simply because we’ve always done them. 3) Simplify and optimize. A common mistake is to simplify and optimize a part or process that should not exist in the first place. 4) Accelerate cycle time. Every process can be sped up, but only do this after you follow the first 3 steps. Otherwise, you may spend a lot of time accelerating a process that should have been deleted in the first place. 5) Automate. This always comes last. When you’ve completed the first 4 steps and are left with the things you really need to do and that genuinely add value – then they can be automated effectively. The book itself received mixed reviews, but for me that wasn’t the point. There are many valuable takeaways I learned which can be applied to other businesses, and which I’ve shared with my own team at Ntiva, Inc. #BusinessProcess #CEO #ElonMusk #Efficiency #WeExistToGrowEachOther

Learning is a multifaceted approach and, IMHO, everyone learns differently. Elon Musk seems to have found a way to learn that seems to differ from 'conventional wisdom'. He says it's the reason for his success. What do you think? https://lnkd.in/d55SQX5G #learning #learningtechniques

🚀 Boost Your Processes with Elon Musk's Five-Step Improvement Process! 🚀 Elon Musk shares his invaluable insights on how to enhance any process. Here are the steps: 1. Question the Requirements: "Make your requirements less dumb." Always start by challenging existing assumptions. 2. Remove Unnecessary Steps: "If you are not occasionally adding things back in, you are not deleting enough!" Streamline your process by eliminating redundant steps. 3. Simplify or Optimize: "Only the third step is simplify or optimize... only the third step!" Focus on simplification only after you've questioned and removed unnecessary elements. 4. Accelerate Cycle Time: "If you work too slowly, go faster, but not before you go over the first 3 things." Speed up your processes after ensuring they're efficient. 5. : Automate repetitive tasks to enhance productivity. ⚠️ Avoid the Wrong Way: Don't go backward by automating before you've optimized and simplified (Automated-Accelerated-Simplified-Deleted). Musk admits, "I have done this multiple times." 🌟Learn from the best and strive for excellence! 🌟 #ProcessImprovement #ElonMusk #Productivity #BusinessGrowth #Automation #dataanalysis #data Watch the full video here: https://lnkd.in/d3KGwn7G