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Lean Production
Lean is about doing more with
less: less time, inventory, space, labor, and money...
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Continuous Improvement Firm (CIF)
The ultimate
→
competitive goal of the
→
Continuous Improvement
Firm is the ability to produce consumer goods on a
custom basis for immediate delivery at costs lower
than those featured by
standard mass production firms. The
entire work force, not just management, is able to
constantly
improve both the product and the processes whereby it is produced...
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10 Ways to
Develop Entrepreneurial Staff
Mould your people into a pro-active and
productive
team.
There are two phases in developing an
entrepreneurial workplace.
Phase I creates the environment necessary to support and encourage it. Phase
II is building your staff's
→
entrepreneurial
skills...
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Business Process Thinking
"Business process thinking is predicated upon
the central belief that it is fundamentally the complex, cross-departmental,
technology-enabled business process that
→
create value for customers and shareholders."
This predication assumes that every
significant management activity should begin with an analysis of customers'
needs and have, as an intrinsic objective, the shared understanding of the
key
business processes
or
organizational
capabilities that are
critical to satisfying those needs."3...
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Building Trust
To Improve Productivity
Research indicates2 that there is a
strong correlation between components of trust (such as
communication effectiveness,
conflict management, and
rapport) and productivity.
Cultural
differences play a key
role in the creation of trust, since trust is built in different ways, and
means different things in different cultures...
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Case
in Point
Canon
The objectives of Canon Production
System (CPS) are to manufacture better quality products at lower
cost and deliver them faster. To achieve these goals, 9 wastes are
to be eliminated...
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Case
in Point
General
Electric (GE)
Jack Welch's goal was to make GE "the world's most competitive
enterprise." "We now know where productivity – real and limitless
productivity – comes from. It comes from challenged, empowered, excited,
rewarded
teams
of people," he said. Welch knew that the current business
environment requires an energized,
energizing leader: "You've got to be live action all day. And you've got
to be able to
energize others. Your cannot be this
thoughtful, in-the-corner-office guru. You cannot be a moderate,
balanced,
thoughtful, careful articulator of policy. You've got to be on the lunatic
fringe."1...
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Case
in Point
Using
the Best Practice at GE: The Trotter Scorecard
Many
GE
business units employ a tool called the Trotter Matrix to check on their
use of best practices. The scorecard was developed by Lloyd Trotter, who ran
the Electrical Distribution and Controls side at GE. He listed six desirable
attributes for each of his plants and then scored each attribute...
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