Taming the Dragon of Operational Un-Excellence
Legends from medieval times often mentioned the evil dragon – a fearsome creature with destructive power and the tendency to do harm to people that it comes across; that guarded the entrance to a treasure laden palace, a symbol for the ultimate achievement in life. The hero of the legend had to battle his way through…
The Operational Excellence Manifesto
“Operational Excellence is a state of readiness that is attained as the efforts throughout the organization reach a state of alignment for achieving its strategies; and where the corporate culture is committed to the continuous and deliberate improvement of company performance AND the circumstances of those who work there – to pursue ‘Operational Excellence by Design‘,…
Lean Finance; Breaking Down a P&L Statement and its Components
Nowadays, when we examine financial reports for small or medium sized enterprises (SME), we see that interpretations are being made based only on sales revenues and certain expenses. Since many vital decisions affecting the future of a company are determined by considering only these charts, many decisions are based on incorrect information.
5 Olympic Lessons You May Have Missed
The 2012 Olympics lived up to its expectations. We watched the world’s greatest athletes break records and bring home the gold. In all the excitement, what did you learn from these world-class athletes that can help you achieve your goals? Here are 5 lessons learned you may have missed:
Lean Management Journal – “Leadership & Challenges on the Brain” by Joseph Paris: October 2012
“Leadership and Challenges on the Brain” by XONITEK’s Joseph Paris & continued media coverage of the Operational Excellence Society. Published in Lean Management Journal in the October 2012 issue. Download PDF
Improving Processes in Large Service Organizations
Process improvement in large-scale service sector enterprises is considerably different from and more difficult than in manufacturing processes. Yet, the services sector represents a majority of the economic output of many developed economies including the US, so there are good economic to reasons improve service-based processes. In order to improve them, it is critical to first…