Shows
Business Transformation 101Section 1 Wrap-upThirty weeks and 29 articles/podcasts ago I started this series on LinkedIn. The objective of the weekly series was to provide you with ideas, thoughts, best practices, and real-world examples of transformational actions that will help you achieve meaningful improvements and take your business to the next level. These actions were intended to be building blocks to utilize to construct a unique, holistic business system that would support the culture you and your team were working to create and fit the vision and strategy of your business. Alternately, the building blocks could be used to make incremental improvements to...2021-06-0908 min
Business Transformation 101TPM (Total Productive Maintenance)Total Productive Maintenance or TPM is a process designed to maximize the effectiveness of the company’s equipment through its entire life-cycle. It requires the commitment and discipline of the entire organization to be successful. Success is: zero accidents, zero unplanned failures, and zero product defects.Tom Harada, who spent 35 years with Toyota in various leadership positions, summarized the importance of TPM in an interview with Art Smalley (Art of Lean Website); “Equipment maintenance is one of the hidden strengths of Toyota but it does not get a lot of attention. However, try to run a pull syst...2021-06-0211 min
Business Transformation 1013P (Production Preparation Process)The Production Preparation Process or 3P is the process of developing an integrated product and production system that will meet the requirements of product design quality at the necessary production volume at the target cost by the target date. Unlike kaizens which are generally aimed at improving existing processes, a 3P event is essentially starting with a clean sheet of paper and utilizing lean principles from the inception of the project. Note that 3P can also be focused on just a process or product design but is more powerful when the 3P event couples the product and process from...2021-05-2609 min
Business Transformation 1015SStructure, organization, and discipline are important characteristics to operate any business successfully. The 5S methodology is about having a designated place for every necessary item and ensuring that each item is in its proper place. It is about being organized. This approach ensures that the work-space is conducive to effectiveness and efficiency.A good 5S environment will:● Improve Safety by reducing OSHA recordable incidents and injuries● Improve Quality by eliminating defects due to the use of improper tools or non-compliant materials and eliminating FOD (Foreign Object Debris) or contamination● Improve Delivery by imp...2021-05-1911 min
Business Transformation 101Lean AccountingWhen a business implements lean processes and is traveling on a successful journey of endless, continuous improvement, the culture and approach to business is completely transformed. To truly achieve success in a lean transformation, the business also needs to transform how it measures the financial performance of the business. This is necessary since traditional standard-cost accounting does not provide the “right” information in a timely fashion to operate the business in a lean environment and can obscure the improvements made by a lean implementation. The accounting must be aligned with the lean processes. This “new” approach to measure financial performa...2021-05-1214 min
Business Transformation 101Potential Pitfalls in Developing Strategic PlansLong-Term Planning was the topic in Episode 9 of this series and discussed the three components that make up an effective Long-Term or Strategic Planning process: Strategy Creation, Strategic Planning, and Strategy Execution or Strategy Deployment. These are difficult, complex processes to implement effectively and have a significant impact on the long-term success of the business. This podcast highlights some of the potential pitfalls that teams can fall into while creating and deploying strategic plans. Hopefully, your team can learn from the experiences summarized in this podcast and avoid some, if not all these pitfalls when developing and implementing your...2021-05-0508 min
Business Transformation 101SMED or Quick ChangeoverIn many businesses, machine changeover times can have a significant unfavorable impact on productivity. It is not unusual to find machines that can take up to a full 8-hour shift to change from producing one product to producing the next product. Long changeover times lead to several of the wastes listed in Volume 16 of this series, A Primer on Lean. Specifically, these long times contribute to excess inventory, waiting, overproduction, and defects.The SMED (Single-Minute Exchange of Dies) process is designed to reduce changeover time. The focus is to move internal set-up (set-up that occurs while the...2021-04-2811 min
Business Transformation 10180/20 or Pareto AnalysisAs noted in podcast 16 of this series, A Primer on Lean, 80/20 analysis refers to the Pareto Principle and is used to determine the significant few items that drive outcomes. The 80/20 name arises from the fact that for many outcomes 80% of the results are produced by 20% of the inputs. For example, in many businesses 20% of the products sold account for 80% of the profit. This tool is used by the team to simplify the business, remove complexity and variance, and identify the best improvement opportunities.The Pareto Principle was developed in the 1897 by Italian economist Vilfredo Pareto. Pareto discovered...2021-04-2111 min
Business Transformation 101Pull Systems (Kanban)Material can be moved through a process by pushing it or by pulling it. A chain provides a good, visual illustration of pull versus push. If a chain is stretched out on the ground and then pushed from one end, the links of the chain tend to pile up in a heap instead of moving smoothly forward. However, if the chain is stretched out and pulled from one end rather than pushed, the chain moves forward very easily and there is no piling up of the links. In the push case, the links piling up are analogous to inventory...2021-04-1409 min
Business Transformation 101Podcast with Mark DeLuzio author of FlatlinedIn Volume 1 of this series, we stated that to ensure the business provides consistent, sustainable, improving performance you need to deploy robust processes in all aspects of the business. We also noted that Lean applies to any process anud therefore is applicable across the business and must be deployed across the enterprise. For today’s podcast, we have with us Mark DeLuzio. Mark is the founder and CEO of Lean Horizons Consulting. Mark and his team teach companies how to implement Lean through an enterprise-wide vision, to align Lean activities with the organization’s breakthrough imperatives, and to d...2021-04-0737 min
Business Transformation 101Why I Hate MonumentsThe monuments mentioned in the title of this podcast are not what most people would think of when they hear the word monument. The monuments in this podcast are not the Lincoln Memorial, the Martin Luther King Jr. Memorial, the Statue of Liberty, Mount Rushmore, the Vietnam Veterans Memorial, or other similar commemorative structures. Rather the monuments discussed in this podcast are big, expensive, inflexible pieces of equipment or structures found in a process. The reason to hate, or at the very least strongly dislike these monuments, is they impede one-piece flow, flexibility, and agility. They effectively tie one-hand...2021-03-3112 min
Business Transformation 101Customer Service Transformation -- Podcast with Janyce FaddenIn Volume 1, we stated that to ensure the business provides consistent, sustainable, improving performance you need to deploy robust processes in all aspects of the business. We also noted that Lean applies to any process and therefore is applicable across the business and must be deployed across the enterprise. Earlier in my career, I was part of the leadership team at Pacific Scientific or PacSci that had the good fortune of learning about lean implementation when the company was acquired by Danaher. Our team had never heard of Danaher or Lean prior to the acquisition but we...2021-03-2428 min
Business Transformation 101Standard WorkStandard work is a tool used to design processes which optimize the flow of material, eliminate non-value-add work, properly load the work to the operators, and create flow. It provides a structured playbook that describes in detail the way a value stream, cell, or process should operate under different levels of demand.2021-03-1716 min
Business Transformation 101Value Stream MappingOnce the leadership team of the business has made the commitment to embrace Lean as their philosophy and strategy for driving execution of their business strategy, they need to obtain a sensei (an experienced practitioner of Lean who has been there and done that) to teach and facilitate the beginning of the Lean journey. Note that this sensei could be a member or members of the leadership team that fit the sensei requirements.The next step for the business is to identify and map the full value streams for the portfolio of products and/or services offered...2021-03-1016 min
Business Transformation 101A Primer on LeanThe Business Transformation 101 series is built around People, Plans, and Processes. Prior podcasts in this series focused on People and Plans. The third component, Processes, focuses on the Lean Processes that are utilized to execute the business plans, both short-term and long-term, and deliver results for the customers and shareholders.This podcast provides a Primer on Lean and the philosophy of Lean. Many people think of manufacturing when the topic of Lean is brought up but Lean applies to any process and therefore should be applied across the entire enterprise. It applies in the office as well...2021-03-0417 min
Business Transformation 101Achieving Diversity in the Leadership TeamIn 2020, the level of serious discussions going on about Diversity, Equity, and Inclusion in the US has exploded. This podcast delves into this topic with a focus on diversity in today’s businesses and more specifically Diversity of business leadership teams. Change starts at the top so transforming Diversity in the leadership ranks will drive transformation down through the entire organization.2021-03-0423 min
Business Transformation 101Rapid Innovation Sprints with Phil SamuelIn last week’s podcast, we provided an overview of New Product Blueprinting which is one potential new product development process. This week’s podcast explores another potential new product development process, Rapid Innovation, with Dr. Phil Samuel of the Lean Methods Group. 2021-03-0442 min
Business Transformation 101New Product Blueprinting with Dan AdamsIn last week’s podcast, we provided an overview of Product Life Cycles and a typical New Product Development or NPD process. This week we do a deeper dive on one well-designed NPD process called New Product Blueprinting. This process was developed by Dan Adams and his team at The AIM Institute. 2021-03-0446 min
Business Transformation 101New Product Development (NPD) ProcessesIn prior podcasts, we have discussed building a team of A-Players and turning those A-Players loose to build a solid Short-Term Annual Operating Plan and a Long-Term Strategic Plan. Executing on those plans to drive strong results will require the deployment of robust, lean processes. We will cover a vast array of lean processes in the future starting with New Product Development (NPD) processes since they are critical to achieving above market, profitable, growth.This podcastwill provide an overview of the NPD process. Note that many of the same ideas and concepts for new product development also...2021-03-0412 min
Business Transformation 101Strategy Deployment, Turning Strategic Plans into RealityIn our podcast two weeks ago, we provided an overview of Long-Term or Strategic Planning. Last week we did a deep dive on the Strategy Creation process with Dr. Phil Samuel of the Lean Methods Group which is one of the components of Strategic Planning. This week we are going to do a deep dive on the Strategy Execution component which is implemented using the Strategy Deployment or SD process. I have successfully utilized this process over the past 20+ years in more than 15 businesses ranging in size from $20M to $450M in revenue.2021-03-0420 min
Business Transformation 101Strategy Creation with Phil SamuelIn last week’s podcast, we provided an overview of Long-Term or Strategic Planning and noted it was composed of two components, Strategy Creation and Strategy Execution. This week we will do a deeper dive on the Strategy Creation component with Dr. Phil Samuel of the Lean Methods Group. 2021-03-0446 min
Business Transformation 101Long-Term PlanningThis week’s podcast is Long-Term Planning which typically takes the form of Strategic Planning. As we noted last week, short-term planning provides a road map for daily management and incremental improvement of the business to ensure maintaining a solid foundation. Long-term or Strategic Planning provides a path for the business to build upon the solid foundation by utilizing breakthrough thinking to drive strong, profitable growth.2021-03-0417 min
Business Transformation 101Short-Term PlanningFor the past seven weeks, we have discussed people and building talent in your business. Now that a great team of A-Players has been assembled, it is time to transform the business. The team’s first task is to develop plans, both short-term and long-term, to align the organization to a common direction and set expectations on performance. It is impossible for the team to hit the company goals if everyone does not know the goals.Short-term plans provide a road map for daily management and incremental improvement of the business to ensure maintaining a solid foundation. Lo...2021-03-0420 min
Business Transformation 101New Leader AssimilationA new A-Player leader is starting in your organization. To ensure this leader hits the ground running and the team is highly productive immediately, I strongly recommend implementing a one-day New Leader Assimilation session within the first week of the new leader’s start date. The sooner the session is held the better. This session should be part of the “On-board Candidate” step of the Talent Acquisition Process that was outlined in the Vol. 4 podcast.2021-03-0408 min
Business Transformation 101Retaining A-PlayersYou have done all the right things in your talent acquisition process and you have built a great team of A-Players. Now you must protect that investment and ensure the A-Players stay on board.What are the key retention factors that A-Players consider when determining whether to stay or move on? There has been a great deal of research done on this subject. I would recommend reviewing this topic with your team and your HR professionals to determine your specific approach to retaining your A-Players.2021-03-0309 min
Business Transformation 101Talent Acquisition with Patrick HoppIn prior postings, we discussed what makes an A-Player, how to interview for A-Players, and creating a robust talent acquisition process. For today’s podcast, we have with us Dr. Patrick Hopp who is a Partner with Leadership Development Worldwide, LLC.Patrick will provide his thoughts and insights on talent acquisition including:• Key elements necessary to identify and hire A-Players• Key things to avoid in your hiring processes• Pros and Cons of testing utilizing Predictive Index, Myers-Briggs, Wonderlic, etc.2021-03-0324 min
Business Transformation 101A Robust Talent Acquisition ProcessInterviewing, as we discussed in Vol. 3, is just one part of the Talent Acquisition Process. In this podcast, we will discuss a comprehensive process that can be used to ensure getting A-Players on board in an efficient and timely manner. Remember, robust processes provide sustainable, consistent performance. 2021-03-0309 min
Business Transformation 101How to Interview for A-PlayersIn this podcast, we will discuss How to hire A-Players. While the prior post focused on the People aspect of Talent, this post will focus on the Process aspect of Talent. As noted in the Vol. 1 posting, we need to deploy processes in all aspects of the business to ensure sustainable and improving performance. A robust interviewing process will ensure hiring A-Players.2021-03-0310 min
Business Transformation 101Who to Select for Your TeamHow do we ensure we are building a winning team? Are we getting the right people on the bus and the wrong people off the bus? As noted in the Volume 1 podcast, people are the key to a successful business.We want A-Players on our team so our first task is to define what constitutes an A-Player and then communicate this definition to your team. A-Players exhibit a set of required “hard” side traits i.e. performance attributes as well as a set of required “soft” side traits i.e. behavioral attributes. If the candidate for the position...2021-03-0307 min
Business Transformation 101Introduction to Business Transformation 101Welcome to the inaugural edition of Business Transformation 101. The objective of this weekly podcast series is to provide you with ideas, thoughts, best practices, and real-world examples of transformational actions that will help you achieve meaningful improvements and take your business to the next level. These actions represent building blocks that you can utilize to construct a unique, holistic business system that support the culture you and your team are working to create and fits the vision and strategy of your business. Alternately, use these building blocks to make incremental improvements to your existing business and strategy.2021-03-0305 min
Hármas könyvelésHármas könyvelés #156Varró Dániel írt egy jó verset, most ezen forrong a közélet. Top 100! Dolores "Hoffman Rózsa" Umbridge-könyv. Állan rovatok: hol van a világban Neil Gaiman és William Gibson? Lájkolják az olvasót. Könyvek: Időfutár I. A körző titka, Rádiórománc, Profiler.2014-10-2636 minHármas könyvelésHármas könyvelés #2Könyves hírek, Leslie L. Lawrence, Wolf Haas, Mira Grant, William Shatner, Rob Lowe könyvek, ebook olvasók a témák közt2011-08-0500 min