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What Social Entrepreneurs Can Teach Your Company's Future Leaders

Harvard Business Review

They too have struggled to operate in complex environments, and have developed the skills and expertise to overcome these challenges. Access to finance , designing operational processes and systems , and building strong, talented management teams are just a few obstacles that many cite.

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Avoiding Catastrophic Failures in Process Improvement

Harvard Business Review

Process champions must have them ready for the day when the CEO or CFO effectively says, "Show me the money.". One way to engage the finance function, as practiced by GE and other disciples of Six Sigma, is to build a system tracking the financial benefits of each improvement project. Engage the finance organization.

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Cutting Costs Without Cutting Corners: Lessons from Banner Health

Harvard Business Review

Banner’s leaders used its G&A success to extend the optimization program to its clinical operations, starting with Banner Good Samaritan Medical Center, the system’s flagship teaching hospital in Phoenix. By the end of 2012, the first year of implementation, Banner captured $31 million in G&A savings. . Capitalize on success.

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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. Consider this example.