With global competition at such a dynamic level that any day lost without operations improvement imperils the company’s economic position; the status quo simply leads to failure. In order to out pace this competitive environment, companies are implementing strategies to establish competitive advantage as a low cost producer or as a stand out through product differentiation. The…
When does a company become too big to fail and by what standards? How can the casual passer-by – not to mention the learn’d industry or government analyst – tell when a company poses too great a risk?Can a government or global / regional economy become too big to fail?If so, then what? In the United…
1. THROTTLE: OFF 2. FIRE LIGHT: DEPRESS 3. FIRE EXTINGUISHER READY LIGHT: DEPRESS 4. …. These are the first few steps or IMMEDIATE ACTION PROCEDURES (IAPs) that make up the beginning of an emergency situation checklist for an engine fire in a garden-variety high performance aircraft. These steps are listed in BOLD in the checklist and are MEMORY…
We are living through testing times… Our governments are being tested as they try to enact programs to instill confidence in the economy and their constituents. Companies are being tested as they are forced to react to dramatic challenges in the marketplace that have seemingly materialized overnight and without warning. Individuals are being tested in…
Last October, I was at a manufacturing conference in Chicago during which I had the privilege of being invited to a dinner hosted by David Deutsch. And it was during this dinner that I was introduced to Ralph Keller – who is the President of the Association for Manufacturing Excellence (AME). Thank you, David… Ralph…
I had a very busy May with speaking engagements at the Association for Corporate Growth (ACG) NJ Due Diligence Conference followed by the ACG-NY Manufacturing & Logistics Conference and wrapping it up by delivering a paper on Operational Excellence at the Institute for Industrial Engineers (IIE) Annual Conference in Vancouver. The underlying theme of all…
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