Remove Finance Remove Marketing Remove Products Remove Six Sigma
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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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How GE Stays Young

Harvard Business Review

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. Marketing plays a catalyst role, providing growth funding. They have branded it “FastWorks.”

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Avoiding Catastrophic Failures in Process Improvement

Harvard Business Review

A large division of this company had recognized the need to dramatically change its business model to survive and succeed in a changing market. Engage the finance organization. Finance was on board at the company in our story. The system must be reviewed and validated by finance.

Process 14