In this episode of “State of Readiness”, I welcome William “Bill” Bierce, co-founder of Bierce & Kenerson PC and author of the book, “Smarter Business Exits“. I have known Bill for some time. He is a multi-faceted and worldly individual who is engaging in conversation on many topics. The topic of discussion for this episode is…
I recently came off a project with a metal fabrication company that was in severe distress. I was originally introduced to the company in October of 2020 by a mentor of the owner who thought they could use my help. At the time, the owner believed he had the situation under control; he did not. …
There was a recent post in the Operational Excellence Group that I own on LinkedIn. The post was about the National Aeronautics and Space Administration’s (NASA) Lean Six Sigma program and the benefits that were realized. The person who created the post was rather excited that the program had saved NASA $1.3 million. Reading this got me pondering. …
Willie Sutton, a famous bank-robber during the mid-1900’s, was once asked why he robbed banks. Willie responded, “Because that’s where the money is.” Contrast that with a commercial on television I saw, several years ago (perhaps it was even in the 1990’s) from a major American bank. The President of the bank was speaking to…
Many complex manufacturing businesses have come to understand that operational excellence is an on-going process in which companies strive to produce better results. It has an inherent collaborative nature and typically includes participation from all parts of the organization. But the challenge in manufacturing today is that the metrics upon which the business silos of…
