Remove Finance Remove Management Remove Operations Remove Six Sigma
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Ten Types of Organizational Change

Change Starts Here

The first step towards customizing your change management approach is defining your change. The HR and finance groups within a university installed a new software system to automate tasks and have better information for decisions. An airline adopted Lean Six Sigma concepts to increase agility and reduce waste across the operation.

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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.

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Put HR Skills on Your Performance Improvement Team

Harvard Business Review

My team would have people with deep functional knowledge and skills (strategy, sales, marketing, finance, and information technology) to align surrounding processes. If you do Six Sigma in isolation, the work force doesn't have time to implement the changes.". For example, HR managers tend to defend the status quo.

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How GE Stays Young

Harvard Business Review

GE is an icon of management best practices. Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. General Electric Operations'

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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. Engage the finance organization. Finance was on board at the company in our story.

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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

First Friday Book Synopsis

Here is an excerpt from an article written by Brad Power for the Harvard Business Review‘s “The Conversation&# series. To read the complete article, check out the wealth of free resources, and sign up for a subscription to HBR email alerts, please click here. * * * Do you have a process improvement [.].

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