Strategy Driven
OCTOBER 11, 2023
For small business owners, reducing operational costs is essential for the success of the company. Fortunately, there are several strategies to use for reducing operational costs and ensuring that a small business remains profitable. Below are eight effective ways to reduce operational costs in your small business.
Harvard Business Review
MAY 26, 2016
It involves replacing traditional mass manufacturing with “lean manufacturing” principles. Over the last thirty years, the lean approach — developed by Japanese automakers — has permeated the manufacturing sector in developed countries, but is much less commonly used in the developing world.
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Chart Your Course
OCTOBER 13, 2016
Lean management practices are supremely focused on company behavior and operation, and it’s just one reason why so many Silicon Valley companies have created cultures that mix fun, family and business into one profitable environment. Other Lessons From Manufacturing.
Deming Institute
OCTOBER 31, 2016
In 1979: A two-year management capability improvement program was implemented with the department and section managers specifying topics for operational improvement. And some people still today think of these ideas as limited to manufacturing operations.
Harvard Business Review
MAY 31, 2016
Operations in a Connected World. Back in the 1980s and 1990s, lean manufacturing was the Big New Idea and it seemed like everyone was learning new tools with Japanese names. He summarized the issue very simply: “We can automate mathematics, we can automate design decisions, but we cannot automate changes in human behavior.”
Deming Institute
JANUARY 16, 2017
General Motors wasn’t my ideal workplace after having read Deming’s Out of the Crisis and learning a bit about Lean manufacturing in college. As I wrote about in my first post , my first job out of college was at the GM Livonia Engine Plant, outside of Detroit. But, I needed a job, so I cast a wide net.
Harvard Business Review
SEPTEMBER 16, 2011
But just as we need to know whether the evening we are about to spend is with our mother-in-law or a university buddy, managers inside organizations need to know whether the meeting they are about to have with a manufacturing expert is with an internal supplier, a team member, or a lobbyist for lean manufacturing.
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