Editor’s Note: Vishnu Rayapeddi is a recognized pioneer of Lean Management and founder of Productivity Solutions. You can view all of his Supply Chain training materials on Flevy here. * * * * Supply chain strategy. What is it? Many might think that there is no distinction in perception between supply chain management and supply chain […]
Tag Archives | performance management
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. […]
How to Drive Elite C-Suite Performance
A recent Wall Street Journal article entitled “How To Tell If You Are a Jerk in the Office” (C-Suite Strategies, Journal Report, February 23, 2015) highlights the importance of feedback for executives. Not only are leaders and co-workers affected adversely by dysfunctional behavior, but business performance and customer service are damaged, often permanently. Feedback is […]
2 Types Of Performance Metrics Everyone Must Differentiate
There are leading and lagging indicators in business. It is important that managers understand the difference between them and ensure they have both types of metrics to get an accurate picture of performance. However, there are also some important issues to watch out for. All performance measures are, by definition, backward looking. They tell us […]
Organizational Culture: A Blueprint for Success in a Family Business
In looking at the organizational culture of a family business, we are assessing behaviors that are important to creating a strong effective staff and competent leadership. “Successful family businesses tend to have the family’s values and culture deeply embedded into their business strategies, policies and practices,” says leading family business expert Don Schwerzler. “How well the business […]
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 support@flevy.com. First, a very […]
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 […]
Introducing Flevy Business Toolkits
We recently added end-to-end Business Toolkits to our document offerings. Each toolkit is a collection of multiple documents that, when used together, provide a comprehensive and holistic framework for a project or business topic. Below are several examples: Product Launch Strategy https://flevy.com/business-toolkit/product-launch-strategy-pls Performance Management https://flevy.com/business-toolkit/performance-management-perf Marketing Plan Development https://flevy.com/business-toolkit/marketing-plan-development-mktg Balanced Scorecard https://flevy.com/business-toolkit/balanced-scorecard-bsc Project Management https://flevy.com/business-toolkit/project-management-pm […]
