Share on Twitter Share on Google+ Share on Facebook Share on LinkedIn When a Private Equity firm considers buying a company, the role Lean Thinking plays depends on the stage of the buyout deal. But, Lean Thinking is appropriately placed at the following steps: Lean and Pre Acquisition Due Diligence Lean and Post Acquisition Short [...]
Corporate Renewal, Turnaround Strategy
Turnaround strategy enables senior managers of underperforming companies to understand the critical causes of poor results, in order to stem losses and restore growth. A well-crafted turnaround strategy leads the organization to quickly achieve its full potential. Typically, this involves removing costs, restructuring finances and redefining strategic objectives. Turnarounds often call for building a stronger management team, making acquisitions implementing operational improvement, often including Lean Manufacturing or Six Sigma or devising an exit strategy.
Share on Twitter Share on Google+ Share on Facebook Share on LinkedIn Having seen and helped various businesses in various industries, I agree with Carl Icahn’s assessment on corporate waste 1: I have observed first-hand the sheer amount of waste and inefficiency at a few companies that I have taken over. For instance, when I [...]
Share on Twitter Share on Google+ Share on Facebook Share on LinkedIn John Kotter makes a good case that urgency is the key ingredient in any organizational transformation. Conversely, the lower the urgency, the higher the likelihood that the firm will collapse or fail or not transform in a way that will enable it to [...]
Share on Twitter Share on Google+ Share on Facebook Share on LinkedIn We all love stories. Stories have characters that we relate to or hate, there’s drama, heroes and villains, and the best stories stir the emotion. The same goes for companies and their stories – all companies have a story. Most stories are in-process [...]
Share on Twitter Share on Google+ Share on Facebook Share on LinkedIn Change efforts sometimes fail. Specifically, transformation or Change efforts sometimes fail. In fact, the numbers are staggering – most of them fail. While the root cause is wide and varied, there are general themes or characteristics that are important to keep in mind [...]
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How To Be A Human
Six Sigma Workbook For Dummies — The Raffle
Jeff Bezos and Root Cause Analysis
A Mindless Worker is a Happy Worker
The Apple iPhone Supply Chain
The Toyota A3 Report
Ask Mary Poppendieck Anything!
A Lean Case Interview
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Multi-Tasking Leads to Lower Productivity
queueing theory: part 1
Zero Defects is Wrong Approach
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Pull Systems, Push Systems: The Paper Airplane Game
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Operational Excellence is not a Substitute for Effective Leadership or a Good Strategy
Quality and Continuous Improvement; 