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It's so sad to see companies waste money, time and resources on lean & six sigma programs that yield virtually no ROI from their respective projects. Hint: not every project candidate is a financially VIABLE one. When company managers select projects that reduce operating costs, companies can then reduce prices to customers, leading to increased profit margins on each unit sale. With reduced customer prices in place, companies have a better chance of selling more units, and taking market share away from competitors. Robust Production Management (RPM) Module 12 "Selecting Viable Project Candidates" outlines the profit-generating process pretty well - and page 7 diagrams the concept in its entirety. Give it a try - it worked for Dale Carnegie and Henry Ford! "Selecting Viable Project Candidates" is the twelfth module in the Metrilogics Robust Production Management (RPM) training series - more on the way.
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Source: Robust Production Management (RPM) Module 12: Selecting Viable Project Candidates PDF document
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Robust Production Management (RPM) Module 12: Selecting Viable Project Candidates
It applies to Management Consulting.
File Size: 184.6 KB
Number of Pages: 12
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Initial upload date (first version): Jan 23, 2014
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