As Continuous Improvement practitioners, it is natural (even a passion) to always seek ways to improve ourselves and the value we drive to our colleagues and the companies for which we work. During our quest for this personal and professional development, sometimes we know precisely which areas we wish to improve our skillsets and where…
The ‘Lean’ methodology originally applied to manufacturing and design processes, as ‘Lean manufacturing’ was championed by the pre-eminent American, Dr Edwards Deming. In the post war boom years, US industry shunned Deming’s work, so Deming transported his methods and concepts to the fledgling Japanese auto manufacturers. Deming’s early Lean methodologies focused mainly around the application…
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…
Definition: “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…
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.
