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Avoiding Catastrophic Failures in Process Improvement

Harvard Business Review

In this case, the answers were not there, the effort was stopped, and a new management team took over. The management team was running short of patience for results and wanted me to help them bring changes to fruition. Process champions must have them ready for the day when the CEO or CFO effectively says, "Show me the money.".

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What Social Entrepreneurs Can Teach Your Company's Future Leaders

Harvard Business Review

Access to finance , designing operational processes and systems , and building strong, talented management teams are just a few obstacles that many cite. If you want to pair your managers with social entrepreneurs, here are a few things to consider: Prepare : Invest in preparing your participants in advance.

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Cutting Costs Without Cutting Corners: Lessons from Banner Health

Harvard Business Review

With these rules in place, 8 cross-functional teams—each composed of middle managers, a consultant guide, and a sponsor from the leadership team—were formed. Leadership created an optimization office reporting to the CFO to facilitate cost reduction projects, train new team members, and document and disseminate results across the system.

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Uniting the Religions of Process Improvement

Harvard Business Review

When they set out to turn around processes that have become woefully inefficient or ineffective, most companies choose one of four process improvement "religions": Lean , Six Sigma , Business Reengineering or Business Process Management (BPM). Many companies adopted Six Sigma in the late 1990s.