Focusing our efforts: The Pareto Principle
As experienced managers and professionals, we intuitively recognize the Pareto Principle (80 20 Rule) and the concepts of the vital few...
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Managing Partners
- Nov 2, 2021
- 2 min
DeLorean Motor Company achieved fame, just not success.
The DeLorean DMC-12 sport car became and remained famous as the time-traveling car in the Back to the Future movies, but the actual...
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Managing Partners
- Oct 20, 2021
- 2 min
The Enemies of Lean
In Toyota's production system, it defines three Enemies of Lean: 1) Muda (waste), 2) Muri (overburden), and 3) Mura (unevenness). The...
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Managing Partners
- Oct 7, 2021
- 2 min
Do it Right the First Time
Design for Improvement is a model that puts the focus of process perfection in the design/engineering process. The key focus is ensuring...
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Managing Partners
- Sep 25, 2021
- 2 min
Problem Solving: The McKinsey Way
February 1999 saw the publication of The McKinsey Way by Ethan M. Rasiel, followed by The McKinsey Mind in 2002. Rasiel was a former...
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Managing Partners
- Sep 9, 2021
- 2 min
The GEMBA Walk
We can never expect different results from a team by sitting in the corner office and only attending KPI meetings. Instead, we need to...
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Managing Partners
- Aug 24, 2021
- 2 min
The 8 WASTES of Manufacturing
Waste, in “Lean” terms, is any activity that does not add value to a product, costs money and resources, and earns nothing for a...
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Managing Partners
- Aug 8, 2021
- 2 min
The Culture of Change
The one thing that is consistent in life is change. We have two choices: we can either manage the changes that life throws our way, or we...
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Bessibilities
- Mar 23, 2021
- 1 min
Principles for Improvement: At Work as in Life
Ray Dalio is the founder of Bridgewater, the most successful hedge fund company. He attributes his success to a set of "Principles"...
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Bessibilities
- Mar 13, 2021
- 2 min
Cause and Effect: Finding the root causes in operational problems.
The Ishikawa Diagram is a cause-and-effect diagram that helps track down the reasons for imperfections, variations, defects, or failures....
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Bessibilities
- Jan 22, 2021
- 1 min
Standardizing Work is Standardizing Improvement
Standard work is not just about following a set of steps and a hard-nosed manager holding his people accountable to those steps. It’s not...
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Bessibilities
- Oct 5, 2020
- 1 min
Competitive Manufacturing
The past several years have witnessed a growing awareness among American managers of the central importance to competitive success of...
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