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Idealised Supply Chain Design: Against Inertia.
I have previously written about the basic concepts of several important principles, especially Ideality. This concept is not utopia because it is capable of helping to improve and rebuild systems while recognizing the fact that no idealized solution can stay ideal for long, which is why we are talking about a continuously ideal-seeking state or…
Are You Working to Best in Class Performance?
Are your operations achieving best-in-class operating performance? As corporate earnings continue to show good growth and the great recession falls further into the past, adverse results may be creeping into operating performance levels while businesses emphasize top line growth.Ā Understanding what best in class performance is for todayās operations and how our improvement efforts affect…

Eliminating Waste ā Scheduling
If you ever find yourself saying; āThere must be a better wayā, I can guarantee you that there is. All we must do is find it. And, once a successful solution is suspected, try it. And when found, implement. One of the biggest stones in my shoe was scheduling appointments and calls. It was a…

The imperial CFO
While the days of old-fashioned, autocratic imperial CEOs have long gone, a new and much less exuberant authority figure has emerged within companies: the imperial CFO (Chief Financial Officer). These modern day “co-pilots” – as the only corporate officers other than the boss who are able to monitor every corner of an organisation – now play a growing role…

Stuck in place
The Democratsā social-spending package cannot repair the American Dream; Social mobility has dropped precipitously In the 1940s Joseph Biden senior fell from early wealth to near-destitution. He moved his young family in with his in-laws as he scrabbled for work in Scranton, Pennsylvania, before re-establishing middle-class ease as a used-car salesman in Delaware. For all the…

How To Build a Company Where The Best Ideas Win

What if you knew what your coworkers really thought about you and what they were really like? Ray Dalio makes the business case for using radical transparency and algorithmic decision-making to create an idea meritocracy where people can speak up and say what they really think — even calling out the boss is fair game….