Remove Bottom-up Remove Finance Remove Globalization Remove Six Sigma
article thumbnail

Balancing Push and Pull Approaches to Improvement

Harvard Business Review

These mandated-from-above programs include Lean Six Sigma initiatives with experts (" Belts ") in command, big IT implementations, and reengineering of major end-to-end processes. An executive in the company's finance operations adopted a Six Sigma belt-driven approach to reduce costs in the company's global shared service centers.

article thumbnail

Stop Focusing on Profitability and Go for Growth

Harvard Business Review

The global financial crisis prompted many companies to pull in their horns, hoard cash, trim costs, and take a wary view of large investments. Bain & Company’s Macro Trends Group carefully analyzed the global balance sheet and found that the world is awash in money. times global GDP) to more than $600 trillion (9.5

ROE 11