Global competition is at such a dynamic level that any day lost without operations improvement imperils the company’s economic livelihood. To out pace the aggressive environment, companies must create a competitive advantage that establishes greater stakeholder value through radical improvements in product and process. One of the most prominent methods currently being utilized by many companies to…
Many people are positive about chasing out waste and reaping the benefits it would bring. However, this can be a cause for worry. Even though many people remember damage caused by previous cost cutting campaigns, they still see cutting waste as a technique to increase efficiency. So why would people doing great work in chasing out waste…
While many of us are thinking about “losing a few pounds”, that is not the focus of this article. It’s about reducing “waste”, not “waist”. The topic is “Lean” as it applies to efficiency and effectiveness of organizations. Just as being lean is healthy for people, being Lean is healthy for organizations, including businesses, government, schools and not-for-profit institutions….
A few weeks ago, I had the opportunity to moderate a panel discussion on “Operational Improvement and the Potential that can be Realized” at the Association for Corporate Growth’s (2nd Annual Manufacturing & Logistics Conference” at theWestchester Country Club The conference kicked-off with a keynote address from Matt “Boom” Daniel, the owner of Business Battlefield,…
News reports over the last several months continue to paint a gloomy picture for today’s economy. Rising material and labor costs, weak consumer spending, and the collapsing housing market are hammering businesses nationwide. Many are looking for ways to re-engineer themselves in order to compensate for flattening growth. To survive, one must do more with the resources they…
