Strategy Driven

SEPTEMBER 28, 2019

Many of these things – and more – are described in detail in methodologies like lean and Six Sigma. Do You Understand Finances? Another aspect that many leaders can often stand to improve about themselves is their ability to handle finances.

Six Sigma 50

Six Sigma Company CPA Finance 50

Change Starts Here

MARCH 5, 2015

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.

Six Sigma 60

Six Sigma Agility Franchising Airlines 60

Deming Institute

SEPTEMBER 15, 2016

And he discusses six sigma (which certainly has issues) but as I have written before if you want to learn what value six sigma offers listen to what Roger (and others such as Ron Snee, Gerry Hahn…) say. Roger also discusses the idea of statistical engineering and the difference between engineering and science.

Rogers 28

Rogers Deming Six Sigma Engineering 28

Harvard Business Review

JUNE 10, 2011

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.

Six Sigma 15

Six Sigma Bottom-up Cost Project 15

Harvard Business Review

DECEMBER 21, 2011

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.

Six Sigma 14

Six Sigma Skills Team Compliance 14

Harvard Business Review

APRIL 6, 2011

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.

Process 15

Process Six Sigma Finance Short-term 15

Harvard Business Review

MAY 13, 2014

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. They have branded it “FastWorks.”

Six Sigma 8

Six Sigma Incubator Payback Period Engineering 8