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Monthly Archives: December 2011
LEI Webinars – Available Online
The Lean Enterprise Institute (LEI) has posted on their website several of their past webinars on Lean / Toyota Production System. http://bit.ly/sV4Ix6 This library is a good resource to learn about the basic tenets of Lean, ranging from Value … Continue reading
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The Dumbest Idea In The World: Maximizing Shareholder Value
Steve Denning writes an insightful article about the conflict that CEOs of publicly traded companies usually face: focus on customers vs focus on shareholders. Focusing on customers is probably the adequate choice for ensuring the company stays in … Continue reading
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Incredible Things That Happen Every 60 Seconds On The Internet
Business Insider has posted a great collection of images summarizing significant events that happen each 60 seconds. http://read.bi/w1usgJ
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Defining Value
Russ Aikman wrote a couple of great blog posts about defining value (in terms of what the customer is willing to pay for) and the distinction between value added and non value added activities, that is proposed in the TPS … Continue reading
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Kaizen and Fabrics
John Miller explains a great analogy of the TPS / Lean mindset, using a “towel” analogy. Could be a good alternative for the famous “chain analogy” used in TOC circles. http://bit.ly/vAhsNv
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The Death of the Spec
MG Siegler, of TechCrunch writes an excellent article about specifications, and how they have become irrelevant in the IT world. In place of the spec, consumers now focus on simpler and more tangible things, such as “how fast the … Continue reading
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Beyond Budgeting
For those of us who are looking for alternative to traditional budgeting, Henrik Matterson gives some suggestions. http://bit.ly/vFWLns As you know, even if traditional budgeting seems to give a “sense of control” to management, it also has some negative implications. … Continue reading
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A Dose of Common Sense Goes a Long Way
Bill Waddell shares a great story about a problem a toothpaste company was facing, related to shipping empty boxes (without tooth paste in it). It shows how by just using the minds of people in the work floor, you … Continue reading
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Do you know what is holding your company back?
An article in the Economic Times talks about different Theory of Constraints (TOC) implementation in India, in different companies and industries. http://bit.ly/vhwLqa
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Five New Management Metrics You Need To Know
Bruce Urbin writes about five “invisible” things that you should check for, when being in management roles. As Lloyd Nelson said: “the most important figures that one needs for management are unknown or unknowable” http://onforb.es/rrKt1Y
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