Strategy Driven

NOVEMBER 19, 2013

Non-value added ‘wastes’ are a drain on the productivity of your operations and cost you in schedule, quality, and capital. Costing the organization in excess material costs, holding costs, and potentially obsolescence costs, this waste can cost the organization upwards of millions of dollars in annual operations funds.

Tactics 64

Tactics Execution Six Sigma Operations 64

Change Starts Here

JUNE 6, 2013

Jobs that focus on process improvement, such as industrial engineers, Six Sigma Black Belts, and operations managers, are usually redesigning people’s jobs. An organization’s strategy will not succeed if it stays in a binder on a shelf. To have any affect on results, the strategy must be executed. Sustainability.

Six Sigma 124

Six Sigma Management Human Resources Strategic Planning 124

Six Disciplines

JANUARY 31, 2011

Recent 2010 research* confirms what we know to be our biggest challenges as executives: 52% of executives don’t feel their company’s strategy will lead to success. 67% admit that their company’s capabilities don’t fully support their strategy. NONE have been as effective as the Six Disciplines program.

Executive Coaching 101

Executive Coaching Execution Six Sigma Benchmarking 101

The Practical Leader

FEBRUARY 27, 2019

In the strategy session, the CEO declared that technical and analytical skills were the key to career advancement at their company. ” Listening to the team’s strategies and plans, reminded me of the efficiency expert’s report on hearing a symphony at the Royal Festival Hall in London.

Efficiency 40

Efficiency Six Sigma System Metrics 40

Strategy Driven

OCTOBER 8, 2013

All high-performing organizations continually look for ways to reduce costs and improve operational efficiency. Greg Gaskey is a StrategyDriven Principal with over twenty years of nuclear plant operations, maintenance, and large-scale program and project management experience. About the Author.

Tactics 50

Tactics Efficiency Six Sigma Execution 50

Change Starts Here

MARCH 5, 2015

Executing Strategy. Based on a recent history of poor results, a manufacturer defined a new strategy to turn around the financial performance of the company. An airline adopted Lean Six Sigma concepts to increase agility and reduce waste across the operation. Adopting a Process Framework.

Six Sigma 60

Six Sigma Agility Franchising Airlines 60

Strategy Driven

APRIL 3, 2013

The paper describes how best practices in measuring organizational performance in the nuclear power industry can be applied to healthcare providers facing the daunting challenge of concurrently increasing production, efficiency, and quality – all while reducing operating costs. Barriers to Reducing and Controlling Healthcare Costs.

Six Sigma 62

Six Sigma Organization White Paper Efficiency 62

Strategy Driven

DECEMBER 12, 2013

Contemporary information systems are blind to many of the key drivers of productivity and have consistently failed in their quest to integrate the diverse operations of a company. Management & Leadership Tactical Execution business management Chris Majer employee engagement employee productivity lean six sigma strategydriven'

Productivity 64

Productivity Products Six Sigma Competitive Advantage 64

Harvard Business Review

OCTOBER 18, 2012

If you've had a bad experience with an operational improvement effort (like Six Sigma or Business Reengineering), or if you haven't given it much attention lately, you should take a fresh look. Many companies and executives have been disappointed with these efforts when results weren't sustained and inefficiency crept back in.

Operations 15

Operations Six Sigma Supply Chain Webinar 15

Strategy Driven

DECEMBER 5, 2013

Yet, despite the negative connotations, most companies still operate bureaucratically – insisting employees work inside of increasingly complex structures with processes and procedures designed to standardize or control everything. Silent Killer #3: Bureaucratic Styles. Lock in and Engage Top Talent.

Productivity 50

Productivity Products Six Sigma Competitive Advantage 50

Sales Wolf Blog

JUNE 11, 2010

.  The Management Improvement Carnival naturally features posts on how improve your management skills and systems within your organization, but also has a special focus on how this can be accomplished using lean management practices such as Kaizen, Six Sigma, and even Hansei.   Ready to improve your management skills? .

Management 133

Management Six Sigma Human Resources Kaizen 133

Strategy Driven

NOVEMBER 7, 2013

So where Ford incorporated everything into one integrated mega-plant, Ohno designed operations for a network of factories. Management & Leadership Tactical Execution business management Chris Majer employee engagement employee productivity lean six sigma strategydriven' Decision-Making Warning Flag 2 – The Silent Nod.

Ohno 50

Ohno Productivity Products Six Sigma 50

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. We bring everybody together in a work group and create an integrated strategy on how they'll work together.". For example, HR managers tend to defend the status quo.

Six Sigma 14

Six Sigma Skills Team Compliance 14

Harvard Business Review

DECEMBER 6, 2012

I'm collectively referring to these process improvement approaches as "Process Strategy 2.0". They stand on the shoulders of the methods of "Process Strategy 1.0": Lean , Six Sigma , and Business Reengineering. Let's explore what Process Strategy 2.0 To speed operations and improvement, Process Strategy 2.0

Process 8

Process Examples Strategy Six Sigma 8

Harvard Business Review

JUNE 8, 2011

For example, we used innovation-linked terms like " design thinking ," " Six Sigma ," " open innovation ," and "product design," among others. Interest is high in Six Sigma, ideas management, innovation management, product design, and in strategic terms like "adjacency.".

Six Sigma 15

Six Sigma TRIZ Globalization Innovation 15

Harvard Business Review

MAY 8, 2012

Six Sigma , Kaizen , Lean , and other variations on continuous improvement can be hazardous to your organization's health. Looking beyond Japan, iconic six sigma companies in the United States, such as Motorola and GE, have struggled in recent years to be innovation leaders. the United States.

Six Sigma 17

Six Sigma Kaizen Govindarajan Telecommunications 17

Harvard Business Review

APRIL 22, 2015

It was given a big boost during the 1970s when the Experience Curve was lifted from the manufacturing floor and adopted as a strategy tool in the corporate board room. And processes like Six Sigma quality control became hugely popular after GE publicly adopted the concept. Strategies for staying ahead. Insight Center.

Six Sigma 8

Six Sigma Company Lean Production Taylorism 8

Harvard Business Review

MARCH 23, 2011

Thus, today we have a number of process "religions": Statistical Process Control was followed by Total Quality Management, Business Reengineering, Six Sigma, Lean, and Business Process Management (BPM, which emphasizes process management software). And "What can we do now to ensure we don't repeat the mistakes of the past?"

Six Sigma 14

Six Sigma TQM Kaizen Balanced Scorecard 14

Harvard Business Review

JUNE 13, 2018

It operates at the task level and not the end-to-end process level.” The company may have collections of standard operating procedures, but they are often poorly documented and out of date. Having started its Lean Six Sigma journey almost five years ago, ADP saw RPA as the obvious next step in its journey to drive efficiency.

Process 12

Process Six Sigma Company Technology 12

Harvard Business Review

JULY 3, 2014

The result was disastrous, as the company suffered numerous missteps in rolling out new channel strategies and overhauling back-end systems. They consciously left out operational goals, because most directors agreed the CEO could rely on the existing business unit heads, and a capable COO could also be hired from outside.

CEO 15

CEO Six Sigma How To Apparel 15

Harvard Business Review

MARCH 1, 2017

When it comes to strategy, however, efficiency and productivity are very different. They simplify their organization’s structure and align their operating model with the true sources of value in their business. Both “the best” companies and “the rest” have roughly the same amount of star talent.

Efficiency 8

Efficiency Productivity Products Company 8

Harvard Business Review

JANUARY 26, 2015

How do they match a shift in strategy (which is called for in times of change) with a shift in culture? I suspect that many organizations get into trouble not because of a failed strategy but because of a frozen culture. GE now operates in 175 countries across the globe.) The context demanded operational excellence.

Welch 8

Welch Six Sigma Agility Operations 8

Harvard Business Review

MARCH 13, 2013

Lean Six Sigma , which even made its way into a candidate pledge in the last presidential campaign , is one in a series of such business-to-government waves. Business strategies focused on process and efficiency won't help the country manage that. Big data is rolling in after it.

Efficiency 8

Efficiency Six Sigma Benchmarking Outsourcing 8

Strategy Driven

SEPTEMBER 19, 2011

Whether it was branded the Deming Method or Six Sigma or a host of other models, ‘continuous improvement processes’ found their way into organizations large and small and have made a major contribution to improving quality worldwide. Duke and James D. Murphy For the last 50 years, elite U.S.

Six Sigma 57

Six Sigma Learning-by-Doing Training Tools 57

Harvard Business Review

SEPTEMBER 21, 2012

Compare this number to the slowest growth categories — Postal Service Mail Carriers and switchboard operators — where the majority of positions (up to 82 percent) are classified as low-skilled, and you can sense a real problem. They'll need practical strategies for re-skilling. So how can workers stay afloat?

Skills 17

Skills Six Sigma Supply Chain Education 17

Strategy Driven

MAY 24, 2019

Most businesses collect data without any clear idea of why they are collecting it, and their marketing strategy gets stifled under the sheer amount of available information. The symbiosis between overarching business strategy and analytics can be a tough balance to get right, because both should feed off the other.

Planning 68

Planning Six Sigma Metrics CRM 68

Harvard Business Review

JULY 3, 2014

The result was disastrous, as the company suffered numerous missteps in rolling out new channel strategies and overhauling back-end systems. They consciously left out operational goals, because most directors agreed the CEO could rely on the existing business unit heads, and a capable COO could also be hired from outside.

CEO 8

CEO Six Sigma How To Apparel 8

Harvard Business Review

FEBRUARY 2, 2018

Companies like Rolls Royce can, therefore, offer outcome deals where they guarantee customer outcomes (examples: zero downtime, higher speed, more fuel efficiency, zero operator error, greater reliability) and share risks and rewards with customers. There are three ways digital strategy can cannibalize “core” industrial business.

Industry 8

Industry Software Six Sigma Engineering 8

Harvard Business Review

APRIL 6, 2011

Strategy Maps " and " Hoshin Kanri " matrices are tools for showing how process improvements drive financial results. 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.

Process 14

Process Six Sigma Finance Short-term 14

First Friday Book Synopsis

APRIL 12, 2011

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 [.].

Process 85

Process Review Article Power 85

Harvard Business Review

JANUARY 29, 2015

Matt Denesuk , Chief Data Scientist, told me, “Who you hire depends on your strategy. An ingrained industrial mindset keeps things “within the yellow lines,” focused on controlling operations or managing safety. Operations Competitive strategy Technology'

Software 8

Software Six Sigma Insourcing P&L 8

Strategy Driven

APRIL 2, 2014

Also see how he responds when you ask him to relate the improvement targets and vision to the company’s overall strategy. This role could be filled by a Business Architect, Process Improvement Expert, Lean Six Sigma Practioner, Business Analyst or Project Manager. Want to learn more about BPM metrics?

BPM 56

BPM Process Tips Management 56

Deming Institute

SEPTEMBER 23, 2019

He did not believe the results and instructed the team to repeat the assembly operation. Pipp’s documentation of the striking difference in the assembly process within Toyota, by comparison to Ford, was to be found again in the early 1980s when teams from both Ford and General Motors began to routinely visit Toyota’s operations in Japan. .

System 74

System Productivity Products Deming 74

Harvard Business Review

MARCH 7, 2011

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.

Six Sigma 14

Six Sigma BPM Process Hammer 14

Harvard Business Review

MAY 1, 2017

The ready access to low-cost capital should change the way business leaders think about strategy, and in particular the relative value of improving profit margins versus accelerating growth. When capital costs are high, strategies that expand margins are almost always better than strategies that accelerate growth. Related Video.

ROE 14

ROE Long-term GDP Six Sigma 14

Harvard Business Review

APRIL 29, 2011

He had worked as a business fellow for the previous year but had recently taken on the role of director of operations and service lines. He knew that his apprehension was in part due to his lack of knowledge of Six Sigma. For five months, Mark struggled to get the project on track and his confidence suffered.

Six Sigma 17

Six Sigma How To Case Study Learning-by-Doing 17