Inspiring breakthrough innovation in business models and solutions is becoming critical for organizations’ existence, as startups through their innovation have been consistently disrupting large organizations globally. To foster innovation, the key ingredient is creating an organizational culture that encourages innovation in all spheres. Every organization, today, aspires to nurture a culture of innovation where employees […]
Tag Archives | operational excellence
Editor’s Note: Roger Price is the CEO of Phase 5 Group (P5G) and the visionary behind EON, the world’s first Operational Excellence management solution. P5G is also a partner and author on Flevy. They published a comprehensive guide on Operational Excellence Design Process. * * * * Operational Excellence (OpEx) isn’t just a “nice to have,” it’s a core part […]
The Training Within Industry (TWI) program is one of the most popular approaches to developing the skills of experienced operators and leaders in instructing, improving and problem solving. One TWI method is TWI Job Instruction (JI), which is focused on conducting on-the-job training. This method is aimed at reducing the root causes of human errors, […]
Editor’s Note: This article is an excerpt from the full How to Create Leadership Pull for Operational Excellence whitepaper, available for free download from Flevy here. * * * * Several times a year, over the last decade, in multiple Operational Excellence (OpEx) focused conference workshops, we have asked the same question. What’s the #1 obstacle to successful […]
Editor’s Note: This article is an excerpt from the full Integrated Strategy Execution (ISE) Executive Briefing report, available for free download from Flevy here. * * * * Is poor execution inevitable? The short answer is no, but let’s explore this further. A recent Harvard Business Review article highlighted that over 70% of organisations admit […]
Yesterday, a Project Management Best Practice was shared regarding stakeholders, whom are important to any project’s success. According to Do your stakeholders know why your project exists? article (published on CIO.com), you need to conduct a kickoff meeting, distribute the statement of work, conduct regular meetings, and produce summary reports. I absolutely agree with the author Brad Egeland! […]
Here is an opportunity to assess your organization against global best practices and receive a feedback report! Did you know that excellence models have captured the principles and best management practices of high performing organizations and that research over the past 25 years has validated the positive relationship of implementing these models and organizational performance? […]
There is always much talk about the basic technology (and supplemental technology) solutions that are designed to optimize systems in an effort to work “smarter” in a distribution center or warehouse–to possess a “strategy for speed.” Managers are now under more pressure than ever (and they should be) to carve out space and optimize throughput. […]
Several training series have recently been published on Flevy on the management topics of Lean (Operational Excellence) and Organizational Excellence. These training series can be used for internal certification programs in organizations of all sizes. Lean Shop Floor Training Series – 8 Modules. This is a Lean training series for beginners. With this series, you can arm your […]
This is a guide to navigating Flevy to find the documents and other resources you need related to Business Operations. “Operations” is a broad, vague term. It can convey a lot of different meanings to different people. If you don’t find what you are looking for in this article, please email us at [email protected] First, a very […]
Why implement Lean in the Office? If you think Lean only applies to industry and manufacturing processes, you are wrong! Here’s why: The operational efficiency of a company should not be simply restricted to the “production” side of the activity. The rapid delivery and manufacture of products is never enough if your clients are waiting […]
People and their managers are working so hard to be sure things are done right, that they hardly have time to decide if they are doing the right things. – Stephen R. Covey Strategy is an expression of what an organization intents to do to get from a current state to a future state. Strategic plans […]
Popular Documents on Flevy
- 4 Effective Ways to Manage Resources More Efficiently
All workplaces are an integration of numerous departments working together as one to ensure the business runs smoothly. Almost every sector is reliant on o...
- Industry Value Chain: Understand its Importance and Application to the Mining Industry
Editor's Note: Ganesh Rajagopalan is a seasoned management consultant and former investment banker. He is also a leading author on Flevy, having published...
- 3 Powerful Frameworks for Analyzing the Competitive Landscape
It goes without saying that understanding the competitive landscape is crucial to identifying competitors and succeeding in the market. Consulting firms, ...
- 14 Principles of Lean Toyota Production System (TPS)
Editor's Note: Charles Intrieri is a consultant with over 25 years of experience in Operational Excellence, Supply Chain & Logistics, and Metrics-driven Ma...
- Eliminate Non-Value Added Activities in Your Organization
Recession or boom, companies need to sharpen their competitive edge by applying Lean Management principles to cost reduction—that is, the elimination of no...
- The Complete Guide to Product Adoption: from Product Life Cycle to Customer Decision Journey
Product Adoption is a compelling and important topic. It affects every single business. There are numerous whitepapers, frameworks, and discussions foc...
- What Is Value Based Management (VBM)?
Value Based Management (VBM) is a management philosophy that states management should foremost consider the interests of shareholders in its business actio...
- 3 Business Opportunities in the Booming Electric Vehicle Market
Electric vehicles (EV) will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, accord...
- Do You Know All the KPIs for a Manufacturing Operations Manager?
This is an exhaustive list of Key Performance Indicators (KPIs) for a Manufacturing Operations Manager. These KPIs are aligned with Lean initiatives--sp...
- Continuous Improvement 101: The Deming Cycle (PDCA)
"Continuous Improvement" is a term management consulting firms love using. It's also a driving principle behind Lean Management. So, how can we achieve...