Commodity Businesses, Throw Out Continuous Improvement!
onsider throwing out the old rule book; turn your thinking upside down in favor of innovation and value-add.
onsider throwing out the old rule book; turn your thinking upside down in favor of innovation and value-add.
Meant to protect investors and increase transparency in corporate accounting, implementing the Sarbanes Oxley Act takes some organizational introspection
In my experience, processes are discussed and debated expertly; however, many times, they fail in execution.
In today's economy, there is no doubt a large focus on reducing operational costs (whether they are the traditional operational costs of a business or the day-to-day personal operational costs).
Navigating growth gets tricky if you lose perspective on spending. Keep costs under control by identifying the spot where people, process and technology work best.
In today's economic environment, slow and steady progress, a continuous improvement philosophy and a low-cost producer, commodity focus will likely result in death.
To succeed in today's environment, it is no longer desirable to have a world class operation focused on providing a value add while maximizing resources; it is a requirement.
It has recently occurred to me that businesses are missing a huge opportunity to leverage the transferability of best practices. Although as a business consultant, leveraging best practices has been an "assumed" part of the value I provide clients, even I missed the boat and forgot to leverage this [...]
Even the founder of lean principles, Toyota can falter on quality; thus, anyone can lose their edge - yet it is cornerstone to business success. View quality from your customer's perspective - what matters is what your customer expects when agreeing to purchase the product or service. Be vigilant [...]
Bedrock - always appropriate. I want to thank my mentor in this topic, Debra Daniels for her expertise – Debra, have I incorporated your wisdom appropriately? Build safety into the culture – most safety programs are pointless as they are considered an outside program (and many times, meetings are [...]