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 […]
Tag Archives | operational excellence
How to Build a World Class Strategy Execution
Are Your Stakeholders Supportive of Your Project?
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! […]
Is Your Organization the Best It Can Be?
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? […]
Do You Have a “Strategy for Speed?” Start by Conquering the “10 Plus Wastes”
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. […]
Want to Train Your Staff on Lean and Organizational Excellence?
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 […]
Flevy’s Definitive Guide to Operations
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 […]
Lean Initiatives in the Office
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 […]
Strategy Development and Deployment with Hoshin Planning
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 […]
Dump the Waste!
Sharpen your Competitive Edge by Eliminating 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 non-value-added activities or waste from the value stream processes. Be Lean In the Lean Management philosophy, all activities in an organization […]
What Is Operational Excellence?
Perfection is not attainable, but if we chase perfection we can catch excellence. – Vince Lombardi In “The Discipline of Market Leaders – Choose your Customers, Narrow your Focus, Dominate your Market,” Michael Treacy and Fred Wiersema describe three distinct value propositions or disciplines an organization can choose to compete in their market or industry–Operational […]
Training Within Industry (TWI) – The Foundation of Standardized Work & Continuous Improvement
In September 1990, my colleague and I participated in a technical training program for instructors held at the Panasonic Overseas Training Center and the Production Engineering College in Osaka, Japan for a period of two months. Waiting for the Shinkansen bound for Osaka During that time, we were newly hired technical training instructors at the […]
Achieve Operational Excellence – Gemba, Lean, Kaizen
Operational Excellence is an element of organizational leadership that stresses the application of a variety of principles, systems, and tools toward the sustainable improvement of key performance metrics. Much of this management philosophy is based on earlier continuous improvement methodologies, such as Gemba Walk, Lean Manufacturing, and Kaizen. The focus of Operational Excellence goes beyond […]