ByJoseph F. Paris, Jr.
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“Increase Quality, Increase Velocity”; LMJ Board Member and XONITEK’s Chairman, Joseph Paris, explores the financial industry’s attempts at lean and shows where the real savings have been made.
Published in Lean Management Journal in the September 2014 issue.
As the Economist proposes: Germans are avid savers, but they do not like to invest. For as history reveals, at the beginning of 1923 the German mark stood at 7,260 to the dollar, and soon after hyperinflation struck – fixed incomes and savings became worthless. Come ninety years later, and it is the converse –…
Reuters means that the World Economic Forum terrifies us with a litany of global risks every year, while challenging us to make better use of facts and reason to address our problems. And tackling that challenge is exactly what Reuters and its parent, Thomson Reuters, do every day: harnessing information of all kinds from all…
According to the IMF, who recently released its latest World Economic Outlook – the global economy is likely to expand by 4.2% in 2010. But economic performances will vary around the world – America’s forecast was revised and upped 0.4% to 3.1%. The euro area unfortunately saw no change, but estimations that it may only…
Several years ago, I discovered that one of the technology partners of my firm had a nickname for me – it is “CJ”. For the life of me, I could not figure-out how they came-up with that as a nickname. I mean, my brother’s name is Christopher John – so that would actually make some sense. But he…
Communication. We talk about how important it is. How critical it is to have in any endeavor in order to move the ball down the field and, ultimately, for success. Yet in almost every instance where there is failure, we can almost always trace back to one of the root-causes for the failure being a…
“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 by…
