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Word of the Day: Lead time
If you look up lead time in a dictionary such as the Cambridge Dictionary, it will give you a boring definition of what it is: ‘the time between the design of a product and its production, or between ordering a product and receiving it.’
If you think twice about it, though, you’ll see that lead time is nothing more than time to prepare for something.
Nobody likes to receive a last-minute order or task.
Lead time is prep time. It’s the time a company needs to deliver after receiving an order or for a new product from conception to production.
Nobody enjoys last-minute changes, and no one likes sudden upheaval in their life.
That’s why in yesterday’s post, I introduced the term educated guess.
When a person can make an educated guess and has the foresight to act on it, they can give themselves more lead time to prepare.
That preparation time will make all the difference.
What I mean is sudden changes cause stress.
There is only one constant in the world, and it is change; nothing will stay the same forever.
Preparation not only includes putting away a little nest egg or building a rainy day fund, but it also includes mental development to reduce stress and educate yourself for the future.
We now have some insight that remote work is shortly going to be a new work style.
It’s not just for gig workers or the self-employed anymore.
Many people have had to suddenly adjust to working from home due to COVID-19 lockdowns with no lead time.
Now, being locked down provides us with some lead time to prepare ourselves for the next stage – life after lockdown.
Companies are going to realize they can reduce costs and overhead with smaller offices if their employees work remotely.
Everyone should be using this lead time provided to us by the lockdowns to educate themselves on how to work from home.
Bake a batch of cookies and make a pot of coffee, sit at your computer and read up on remote work.
Your future self will thank you for it.
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Flesch-Kincaid Readability Test
This post is understandable by someone with at least an 8th-grade education (age 13 – 14).
On the Flesch-Kincaid reading-ease test, this post scores 69.
The higher the score on a scale of 0 – 100, the easier the passage is to read.