The Whale Panel: Improvements and Challenges for Your Company

The 360Âș diagnostic we conduct for a company at EYE OF WHALE, completed in one week, includes the creation of the “whale panel”: a dashboard outlining the company’s current areas for improvement and challenges.

We organize all potential improvements into 16 categories: Strategy, Organization, HR, Value Creation, Control, Sales, Marketing, Sustainability, Planning, Production, Purchasing, Inventory, Information Systems, Data Analytics, Automation, and Total Quality Management.

We identified over 250 areas for improvement…

These potential improvements are the result of a systematic yet creative process that includes:

💧 observing people, dynamics, facilities, and the flow of materials and information

💧 asking questions of owners, managers, and key personnel
💧 listening to owners, managers, and key personnel
💧 gathering key data from a value creation perspective
💧 analyzing the company’s financial data

The panel allows us to share a concise overview of the company with the owner and manager in order to propose tailored solutions.

Taking control of time is a fundamental necessity for consulting.

At EYE OF WHALE, we consider that a consulting firm is a “service production plant”, where personnel costs represent 80% of total costs. Employees’ time is therefore a key driver to monitor the business.

In a consulting firm, it is very common to feel that some clients generate losses, as they consume a lot of time, call frequently, fail to deliver documentation on time, make it harder to meet deadlines, or simply require a level of service that does not match the price they are charged.

Conversely, we also notice that some clients make our work easier, with smooth communication and mutual trust, and we intuitively feel that they are profitable.

However, when you have more than 300 clients and provide around 60 different services, intuition is no longer enough to make sound strategic and operational decisions.

🐳 To move beyond intuition, we have created “THE TIME TRACKING APPLICATION” for every employee—including the manager—which allows them to record, continuously throughout the workday, their activity: what they are doing, for which client, and when the task starts and ends.

This is a revolution based on a humanistic approach, not just the creation of a technical tool. Let me explain: asking each person to record what they do at every moment requires effort, and also involves sharing their “working life” with great transparency. Everyone—owner, manager, and employees—is fully aware that this entails significant responsibility in the use of data.

We operate with a strong purpose 🐳: to use data to build a profitability matrix (Client, Service), and to identify which actions consume the most time and therefore require priority focus to improve process efficiency and make the firm more competitive.

The goal is not to monitor how much time people rest or any personal matters. In fact, we agreed—with the owner, the manager, and the entire team, all together—that if the data is ever used for any purpose other than improvement, the initiative will be immediately stopped and the tool eliminated. This point is non-negotiable.

After 11 months of implementation in the first firm where we deployed the tool, and thanks to outstanding collaboration from the team, we have recorded 18,488 hours—a true treasure.

Now, the manager, using data (date, employee, action, client), meets with clients to explain what is happening, opening the door to solutions. Often, clients ask: “What can I do to help you?” They appreciate the firm’s high level of professionalism and understand that they consume valuable time that needs to be properly billed.

Time is THE Treasure

En un mundo donde el tic-tac del reloj ⏰ dicta nuestras vidas, Bill Gates encontrĂł en Warren Buffett algo mĂĄs que un mentor financiero: un maestro del tiempo ⏳. Gates, quien transformĂł la tecnologĂ­a đŸ’», se maravillĂł ante Buffett, el sabio de Omaha, que transformĂł momentos en legados 📚.

“Cada segundo”, reflexionaba Gates, “es una historia que Buffett escribe con sabidurĂ­a, no con prisa” ✍. En los ojos de Gates, Buffett era un estratega que jugaba ajedrez con el tiempo, eligiendo cada movimiento con propĂłsito 🌐, enseñando que la verdadera riqueza no se mide en horas, sino en cĂłmo se invierten esas horas 🚀.

Para Gates, Buffett no solo invertĂ­a en empresas, sino en momentos. Y ahĂ­ reside su genialidad: en reconocer que cada minuto cuenta en la gran empresa de la vida ❀.

Una memorable entrevista conducida por Charlie Rose cristalizĂł, en enero de 2017, una verdad tan evidente como a menudo olvidada, que resonĂł en mĂ­ en marzo de 2020…

Y tĂș, ÂżquĂ© opinas del tiempo?