Bob Flynn
Private equity portfolio companies face aggressive goals when they try to expand their business in short-time frames. With acquisitions thrown into the mix, there is added complexity and risk. The projects to accomplish these growth and integration initiatives require dedicated resources and your best resources who are already spread too thin end up being over-utilized. The best strategy is to find experienced, specialized, interim resources that you can rely on, and have them available on demand. A key area of focus is to have a strong Project Management Office with enough project management talent and project management professionals, and a great process to drive your strategic initiatives. Plan ahead, form these relationships now with strategic staffing and talent companies. Make sure these companies and their team can deliver the breadth and depth of talent required, especially in terms of industry expertise and functional knowledge. Oftentimes, it takes weeks to find…
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Karl Rickman
Most companies don’t understand the effort that it takes to become a Lean company. They all want to be world class but they all want somebody to do it for them, not with them. I constantly get “that doesn’t work for me” or “We don’t have deep pockets like Toyota”. They want to do the same things but expect different results. I’ve heard a million time, “Karl that doesn’t work for me, I tried that!” It amazes me how many of my foreign customers with limited budgets roll up their sleeves, works hard and just “Do It!” It has to start from the top, to get results it’s all about who participates and holds their management accountable. Important things to understand: 1) You have to grasp the situation. 2) You need a clearly communicated vision and targets. It is best for management to be part of setting these targets. 3)…
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Chuck Intrieri
Set high-performance expectation goals & pace of daily support of the new manner of work Engage & empower your people to solve problems Create an organizational structure with readily identified team leaders to allow continuous change to happen Form core teams with strong leader and team members along the path of workflow Breakdown barriers between artificial silos of control so improvements can occur horizontally Foster regular communication within and between workstations within your control as well as outside your department (customer-supplier relationships) Drive reduction in variability by standardizing the work activities, connections, and pathways Implement visual management, with posted daily metrics of value for each work unit reflecting opportunities for change or stability of process Stabilize processes through a continuous focus on waste reduction Move to continuous flow, innovate triggers to ‘pull’ work Identify opportunities for front loading and work simplification Continually push to reduce time waste daily Increase Throughput…
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