Operations Nation

Would you like to learn more about how no-code tools can benefit your day-to-day #operations? 👀 Then join us at our upcoming free online event, co-hosted with our Community Partners at Stacker! We'll be talking about: - what’s possible with no-code tools, - exploring the landscape of tools available - a deep dive into a no-code tool: Stacker, a flexible software platform that helps you craft bespoke tools for your bespoke ops 📌When? May 29th, Wed, 11:00 AM BST on Zoom 💬 What? No-Code for Operators Click the link below to sign up and let's have an inspiring discussion together! 🎫 #nocode #nocodetools #operationsmanagement

Hi, I'm Milly and I am a little bit obsessed with Operational Efficiency. Like ‘macroeconomic’, or ‘disruptive’, or ‘vesting’, or my current favourite one that seems to have popped up out of nowhere ‘beachhead’, it’s one of those terms that takes such pride of place in the startup lexicon that newcomers are afraid to ask what it means for fear of looking like they don’t belong. Everyone starts at the start in entrepreneurship and there is no such thing as a stupid question, so, let's ask: ➡️ So what does ‘operational efficiency’ actually mean? Per my besties (💕Investopedia💕): “Operational efficiency is primarily a metric that measures the efficiency of profit earned as a function of operating costs. The greater the operational efficiency, the more profitable a firm or investment is. This is because the entity is able to generate greater income or returns for the same or lower cost than an alternative.” In simple terms, you’re operating efficiently when your costs are going down and/or your revenues are going up, and you’re relatively more efficient than a competitor if the positive gap between spending and income is higher in your company than theirs. In a post-growth-at-all-costs world, operational efficiency is a particularly interesting metric. Spending £100m to generate £50m in revenue used to just be the done thing in ‘high-growth’ companies (I’m looking at you, SaaS), now investors are more inclined to think that spending £50m to generate £100m is winning. ➡️ Why is operational efficiency important? Simply-put, if you’re spending more than you’re bringing in, then the continued existence of your business is going to have to depend on outside capital. It’s not necessarily a bad thing to not initially be profitable - gotta spend money to make money, babes - but, these days, it’s harder and harder to raise equity investment, and even if you do find it relatively easy to access cash (i.e. you’ve won the demographic lottery and you have ‘AI’ on the ‘what we do’ slide of your investment deck), once you’re in the cycle of raise-and-deploy, part of your business model is always going to be about promoting shareholder or creditor interests - which can often be in conflict with the interests of your two other key stakeholders - your customers and your employees. In short, a business that operates efficiently from the off can have much greater post-exit upsides for its founders and, in many ways, can have a smoother ride on the path towards liquidity. Join me in an obsession with early-stage operational efficiency by reading the article I wrote about three key metrics to consider when planning for operational efficiency in your business. https://buff.ly/4c6RuYH ---------- #startups #strategy #operations Hi, I'm Milly and I help founders win. I’m an expert company builder and I want to help you beat the odds and build a business that’s destined for success, without breaking the bank.

Lead by Letting Go: A Delegation Masterclass 💡 I'm honoured to have been invited by talent expert Andrew Browning, founder of hotsourced, to run a live masterclass on delegation with fellow operators and master delegators Milly Barker and Leah McCarthy. I've been teaching delegation for nearly 15 years: to soldiers, Deliveroo employees, founders, startup operators and big tech managers. I can't wait to do it in this new format, alongside first class operators. What exactly is delegation? Effective delegation is the process of sharing workload, leveraging individuals' strengths and enabling them, to maximise team performance and impact. The art of delegation is less about handing off tasks and more about letting go of fears and trusting your team. Mindset is as crucial to success as process. If you want to master delegation, sign up and join us on 6th June at midday: https://lnkd.in/dvQYzWFN Even if you can't attend, you'll receive the recording free of charge.

Would you like to join us for a casual meetup where you can connect with other #operations professionals in Edinburgh? 🎉 Then check out the event below and sign up now! 🎫 ⏰ May 21st, Tues, 6:00 PM BST 📌 Edinburgh, Scotland (exact location to be revealed later!) Many many thanks to our community member Agnese Sardella for organising this event - and more to come! 👀 You don't need to be an existing member of Operations Nation to join. Feel free to spread the word and invite other ops people along! 🙌 #edinburgh #scotland #operationsmanagement #ops

Are you an #operations person who wants to know more about how to leverage #GenAI in your work? 👀 Join our free online event where you can chat with your #ops peers and discover how other operations teams use AI to automate tasks, optimise processes, and gain data insights. 💡 📌 When? May 16th, Thursday, 12:00 PM BST 💬 What? Empowering Operations teams with Generative AI Co-hosted with our Community Partners at Qatalog, the event will be an interactive roundtable with three parts: 1️⃣ Discussion: how is GenAI is transforming the way we work and collaborate? (with real-world examples) 2️⃣ Breakout groups: small group discussions to facilitate in-depth exploration of how GenAI can empower your teams 3️⃣ Conclusion: sharing key findings and takeaways in the main room Grab your seat by clicking the link in the comments below! 🎫