Synopses & Reviews
Take the easy road to higher earnings
“There seems to be some perverse human characteristic that likes to make easy things difficult.” —Warren Buffett, CEO, Berkshire Hathaway
Picking low-hanging fruit should be easy. Yet despite all the cost cutting and lean six-sigmaing, the branches of corporate trees are sagging from the weight of low-hanging fruit. Why not grab them and make things easy?
Too often managers blind themselves to solutions right in front of them and choose instead to suffer through long meetings, poor collaboration, politics, and bureaucracy. Throw in the challenge of getting agreement when everyone has their own opinion (often “fact-free”) and your low-hanging fruit just withers on the vine.
“If only HP knew what HP knows, we’d be three times more productive.”
—Lew Platt, former CEO, Hewlett Packard
Those closest to the work (from the factory floor to the C-Suite) and those closest to the customer know great ways to improve productivity and profits. Don’t buy into the myth that only some people have creative ideas. Everyone is creative when given the right opportunity. And when they work together as “one company,” profits soar.
For twenty-plus years, Jeremy Eden and Terri Long have helped companies of all sizes make millions by harvesting their low-hanging fruit. This book shows you how. You will improve your job satisfaction, your team’s performance, and your company’s earnings.
Need to grow your company’s earnings but don’t know where to find the low-hanging fruit? The answer is right in front of you but harvesting it takes skill. Eden and Long show you 77 clever ways to boost productivity and profits.
Low-Hanging Fruit is your road map for turning the difficult back into the easy.
Review
“Their lively book distills what has worked for their Fortune 100 clients over the past 20 years. They knock over a few sacred cows along the way.”
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Fortune.com“Here’s why you might need to forget what you know about teamwork, excelling, and tradition.”
—Fast Company“Eden and Long wisely present both the problems and solutions concisely and cleverly. Their eye-openers are definitely worth a second look—and they’ll help you find and harvest that low-hanging fruit to increase your company’s productivity and profits.”
—Success Magazine
“In ‘Low-Hanging Fruit: 77 Eye-Opening Ways to Improve Productivity and Profits,’ authors Terri Long and Jeremy Eden show how incremental but meaningful change boosts productivity and profit.”
—Investor’s Business Daily
“CEOs are often far removed from the thousands of processes carried out every day across the complex organizations they lead, resulting in easy growth opportunities missed.”
—Chiefexecutive.net“This is one of the most practical and immediately actionable guides for business leaders that I have ever seen.” —Skip Prichard, Leadership Insights
“Amazing new book”
—Olivia Paar-Rud, Quantum Business Insights
“Each chapter is written in a very entertaining way, so you can grasp it and put it right into practice.”
—Financial Spectrum Radio with Bill Kearney
“Does it work? PNC Financial’s initial program generated more than 2,400 ideas worth $400 million annually. When it merged with National City, it applied the same process and found $2 billion in operating efficiencies.”
—Dallas Morning News
“You are not going to get bogged down in gobbledygook and confusion. This book moves along and is highly educational, informational and entertaining.”
—Money Matters radio with Stu Taylor
Synopsis
Every day, thousands of hidden and ignored problems frustrate workers and customers and, in turn, reduce profits. The key to finding and fixing these problems is to engage employees closest to the work and closest to the customer in new ways so they can contribute their ideas. This book provides rules that, if followed, will allow employees to harvest all the low hanging fruit – and some that is not so low hanging – that will grow earnings, make customers happier, and increase morale. Some examples of these rules include
- Rule 15: Routinely review – and stop – “zombie projects”. No one admits it, but projects approved with fanfare are often completed even when midway through it is clear that they won’t work because no one wants to say they made a mistake. Killing “zombie projects” saves money and allows precious resources to be reallocated to worthwhile projects.
- Rule 17: Get out of the habit of always doing the best job you can! It’s counter-intuitive, but conscientious employees often waste time and money trying to do a great job when a good job is all that is needed. This rule finds ideas that eliminate well-intentioned “gold plating”.
- Rule 30: Always ask, “how do you know that is true?” Nothing kills good ideas faster than someone uttering, “customers won’t like it” or “operations can’t do it” or “it won’t pay back”. These tend to be opinions not facts. By simply learning to ask “how do we know that’s true?” and demanding facts, many perfectly good ideas will live to see the light of day!
Synopsis
A straightforward, valuable guide to reduce effort and raise profits
Step inside any organization, even a very successful one, and you'll probably find a lot of waste if you know where to look. From providing a feature that consumers don't care about to exhausting efforts on tasks that only require adequate attention, there are countless areas where resources go down the drain. In Low-Hanging Fruit, Jeremy Eden and Terri Long provide seventy-seven of their most effective techniques for improvement, each drawn from their success working with major companies.
For more than twenty years, Jeremy Eden and Terri Long have helped companies of all sizes make millions by harvesting their low-hanging fruit. In this practical guide, Eden and Long share valuable, refreshing insights in entertaining chapters that get straight to the point. This book shows you how to smoothly shift your approach, your priorities, and your mindset to reveal the hidden potential in your organization. Whether you are a member of a small team or a global executive, you will learn how to identify and solve hidden problems, improve productivity, and increase profits.
Many people don't realize that there are dozens of quick, easy, and affordable ways to make things better. Don't buy into the myth that only some people have creative ideas. Typically, the people closest to the work (from the factory floor to the C-Suite) and the people closest to the customer know the best ways to improve business. We can pluck this -low-hanging fruit- every day to save time and money right away.
Need to grow your company's earnings but don't know where to find the low-hanging fruit? The answer is right in front of you, but harvesting it takes skill. Eden and Long show you seventy-seven clever ways to discover possibilities and make meaningful changes. Low-Hanging Fruit shows you how to easily improve your job satisfaction, your team's performance, and your company's earnings.
Synopsis
In just about every area of life, we tend to think there are only two possibilities: accept things the way they are, or put in a lot of effort, time, and money to make things better.
Low-Hanging Fruit is about a
third possibility. What most people don’t realize is that there are dozens of easy, affordable, and quick ways to make things better. We can pluck this “low-hanging fruit” every day to save time and money right away.
Step inside any organization, even a very successful one, and chances are good that you’ll find a lot of waste if you know where to look. From providing a feature that consumers don’t care about to doing an outstanding job on daily tasks that only require “good enough” performance, there are countless areas where resources simply go down the drain. In this book, Jeremy Eden and Terri Long have distilled 77 of their most effective techniques for generating real performance improvements drawn from their success working with major companies.
Too many business books are written in a dry tone and offer little practical advice. Low-Hanging Fruit is a breath of fresh air, thanks to the entertaining chapters that get right to the point.
If you think you don’t have the resources to be faster, better, and more profitable, think again. Whether you are a member of a small team or an executive of a multinational company, you will learn from Low-Hanging Fruit how to identify and solve hidden problems.
About the Author
JEREMY EDEN and TERRI LONG have worked with the CEOs of a wide range of companies in both size and industry to guide their teams through a galvanizing earnings growth process. They have worked with companies such as PNC Financial, H.J. Heinz, Manpower, The Schwan Food Company, Energy East, Webster Financial, and Standard Register, among many others.
Jeremy attended Yale College and Yale School of Management where he is on the Advisory Board. As a McKinsey & Co. consultant, Jeremy served clients such as Goldman Sachs, Hilton Hotels and Travelers Insurance. Jeremy then left to develop what is now the Harvest Earnings innovative Idea Harvest process.
Terri received her degree in Finance from the University of Illinois at Urbana-Champaign. She was in the corporate banking world for nearly two decades in a number of customer-facing senior roles, including at U.S. Bancorp, one of the most efficient banks in the country. Terri was a client of Jeremy's and was so impressed with the principles of his approach that she joined him over a decade ago.
They are the Co-CEOs of Harvest Earnings Group headquartered in Chicago.
Table of Contents
Acknowledgments xiiiIntroduction Why Is Low-Hanging Fruit So Hard to Spot? xvii
Part 1 How to Uncover Low-Hanging Fruit: Seeing the Problem Is Harder than Solving the Problem 1
Chapter 1 Put a Price Tag on Everything to Stop the Waste 5
Chapter 2 “Value Engineer” Your Products to Eliminate What Your Customers Won’t Pay For 7
Chapter 3 Ask “Why?” Five Times to See the Real Problem 9
Chapter 4 Ask, “How Do We Know That Is True?” 12
Chapter 5 You Need to Tag It to Bag It: Name a Problem to Help Everyone See It! 17
Chapter 6 Don’t Be Fooled by Misleading Metrics: Zero in on the Ugly and Rattle the Status Quo by Turning Metrics Upside Down 19
Chapter 7 The 80/20 Rule: Everyone Knows It, but Few Use It! 22
Chapter 8 Find Quick-and-Dirty Data to Get Refined Insights 24
Chapter 9 Benchmarking Is a Mistake 26
Chapter 10 Use Brainstorming in a New Way: To Find Problems, Not Solutions 28
Part 2 Now That You See It, Solve It! 29
Chapter 11 Ask the People Closest to the Work for Their Ideas 33
Chapter 12 Get Out of Your Office and Go See for Yourself 36
Chapter 13 Stop Ignoring Your Introverts 38
Chapter 14 Turn Complaints into Collaboration: The Interdepartmental Job Swap 41
Chapter 15 Other People Have Great Ideas—Just Ask Your New Hires and Your Vendors! 43
Chapter 16 Does Your Customers’ Journey Take Them on a Road Full of Potholes? 47
Chapter 17 The Unintentional Squelch 50
Chapter 18 Stop Brainstorming to Find New Ideas That Move the Profit Needle 52
Chapter 19 Making Problems Harder Can Make Finding Solutions Easier 54
Chapter 20 Use a Checklist—It Works for Fighter Pilots and Brain Surgeons, and It Will Work for You! 56
Chapter 21 Actually . . . Just Don’t Do It! 58
Chapter 22 Give People What They Need, Not What They Want 60
Chapter 23 Simplify 62
Chapter 24 Push Work Down to the Lowest-Paid Person Capable of Doing It 64
Chapter 25 Save a Bundle: Take Simple and Low Tech over Sexy and High Tech 66
Chapter 26 Save More than a Bundle: Go No Tech over Low Tech! 68
Chapter 27 Borrow Good Ideas 70
Chapter 28 Force People to Get Help 72
Part 3 Motivate Your Team to Harvest Low-Hanging Fruit 73
Chapter 29 Create an Idea-Based Budget 75
Chapter 30 The Five Surprising Words That Keep a Good Executive from Being Great: “I Want Everyone on Board” 77
Chapter 31 If You Want the Money, Spend the Time 79
Chapter 32 Executive Motivators that Demotivate Everyone Else 81
Chapter 33 The Corporate Imposter Syndrome: “The Better I Do, the Worse You’ll Think of Me” 82
Chapter 34 Improving the Company Should be Everyone’s “Job One” 84
Chapter 35 Sweat the Small Stuff 86
Chapter 36 Rally the Troops 89
Chapter 37 Catch the Vision or Catch the Bus 94
Chapter 38 Eliminate Corporate Whac-A-Mole 96
Chapter 39 Beat the Competition by First Beating Your Teammates 98
Chapter 40 “Blame the Other Guy” Syndrome 100
Chapter 41 How Dimming the Lights Increases Productivity, and Why Paying Attention Pays Staggering Dividends 102
Chapter 42 Firings Can Boost Motivation 104
Part 4 One Company—It’s Not an Impossible Dream 107
Chapter 43 Form a Steering Committee to Make Sure the Left Hand Knows What the Right Hand Is Doing! 109
Chapter 44 “Pocket Fisherman,” Yes; “Pocket Veto,” No! 112
Chapter 45 Hold Collaboration Workshops 114
Chapter 46 The One Monthly Meeting You Must Hold 116
Chapter 47 Celebrate Good Times, Come On 117
Part 5 Decide and Deliver 119
Chapter 48 The Three Essential Parts of a GOOD Idea 123
Chapter 49 The Miracle of Deadlines 125
Chapter 50 For Big Results, Focus on Small Ideas 127
Chapter 51 Fight the War with the Army You Have, Not the One You Want 129
Chapter 52 Add to Your Army Only When Necessary 131
Chapter 53 Create an “Idea” Flight Plan That Coordinates Implementation 132
Chapter 54 The People Who Implement the Idea Should Help to Develop the Idea: Make Sure the Buy-In Is Built In 134
Part 6 Accountability: The Holy Grail! 137
Chapter 55 The Devil’s in the Details: Track Every Idea, Every Dollar, Every Month 139
Chapter 56 The Golden Rule: Withdraw and Replace 141
Chapter 57 Follow the Money All the Way to the Budget 142
Chapter 58 Don’t Let Someone Else Dictate the Value of the Ideas You Implement 144
Chapter 59 Want to Actually See the Earnings? Lock the Vault 146
Chapter 60 Track Your Position Plan 148
Chapter 61 It’s Not What You Start, It’s What You Finish 149
Chapter 62 ROI: Making the Investment Is Easy, Now Make Sure You Get the Return 151
Chapter 63 Learn from Your Mistakes: The After-Action Report 153
Part 7 Need More Time? It’s Easier to Find than You Think! 155
Chapter 64 “Everyone Is Entitled to Their Own Opinion, but Not Their Own Facts” 159
Chapter 65 Replace Agendas with Game Plans 161
Chapter 66 Ban Meeting Tourists 163
Chapter 67 Don’t Have a 60-Minute Meeting to Do 22 Minutes of Work 164
Chapter 68 Watch the Clock! 165
Chapter 69 Use Hard Starts, Not Just Hard Stops, for Your Meetings 166
Chapter 70 The Obligation to Dissent 167
Chapter 71 Talk More, E-mail Less 170
Chapter 72 PowerPoint Kills 171
Chapter 73 Schedule a Little “Me” Time 173
Chapter 74 If You Feel Busy, Take on Even More Important Work 175
Chapter 75 Increase Your Return on Time 176
Chapter 76 In Order to Shine, Have Other People Do Your Work! 177
Chapter 77 Mom Should Have Said, “Don’t Always Do Your Best!” 178
You Can Find the Time—Now Use It Wisely! 180
Part 8 Win Over the Skeptics, Cynics, and Faint of Heart! 189
Part 9 P.S. For Our C-Suite Readers (and Those Aspiring to Get There)! 191
And a Few More Thoughts for Everyone . . .: Fight Decision Fatigue 196
In Conclusion 199