Site blog

Anyone in the world

“Not everything that can be counted counts. We are currently living in the digital age and are drowning in an ocean of data. Organizations have a large number of data entities and data elements, and a large volume of data corresponding to the same, and they continue to amass more and more data with each passing […]

The post Critical Data Elements and Data Quality | Rupa Mahanti | QualityDigest appeared first on Michel Baudin's Blog.

 
Anyone in the world

Brian Mapani, Master Black Belt at PremierFMCG

It’s hard for Master Black Belt Brian Mapani to contain himself when he introduces his company and how he found the ingredients for successful continuous improvement. It’s understandable too. They saved $35 million by making a $1 million investment into their Lean Six Sigma program.

 
Picture of LSSU Admin
by LSSU Admin - Tuesday, 10 March 2020, 5:48 PM
Retrieved from: The Lean Thinker
Anyone in the world
Key points from this great TED talk by Joi Ito, the director of the MIT Media Lab. You can’t plan the path, you can only set the direction. He talks about the “compass” guiding a project that followed a route which was totally unpredictable. There was no way to plan out the path to success from …
 
Picture of LSSU Admin
by LSSU Admin - Tuesday, 10 March 2020, 1:00 PM
Retrieved from: Blog – JFlinch
Anyone in the world

I have spent as much time on lean product development as I have on any other area over the past 10 years.  That’s largely because, for most companies, manufacturing products a little faster or cheaper is nothing compared to the overall business results delivered through a stronger product-development engine. I’ll

The post A Few Nuggets on Lean Product Development appeared first on JFlinch.

 
Picture of LSSU Admin
by LSSU Admin - Tuesday, 10 March 2020, 12:00 PM
Retrieved from: AllAboutLean.com
Anyone in the world
In my last two posts I showed you fixed location storage and its disadvantages, random chaotic, and ABC storage. But there is more. Another option is some sort of combination of fixed location, random chaotic, and ABC storage. Let’s look at some of the variants. Mix of Fixed Location and Not Fixed Location Having some … Continue reading Storage Strategies – Mixed Systems and Review
 
Anyone in the world
Dan Heath has just published a new book, Upstream: The Quest to Solve Problems Before They Happen. I just got the book, and am reading it now. I think there is going to be a lot of good material to discuss here. But this post is about a marketing email with an excerpt really resonated …
 
Anyone in the world

I normally love the public radio program “Marketplace” and have listened to it (on radio or as a podcast) for 15 years or so. But, I was very disappointed with this recent piece, which you can read here: “Just-in-time” manufacturing model challenged by COVID-19 Listen: Yes, many factories have been shut down in China, which […]

The post Covid-19: Don’t Blame Toyota or “Just in Time” for Your Risky Supply Chain Strategy appeared first on Lean Blog.

 
Picture of LSSU Admin
by LSSU Admin - Monday, 9 March 2020, 3:00 PM
Retrieved from: Lean Thinking
Anyone in the world
By Pascal Dennis (bio)

I left engineering & business school well versed in how to take care of two kinds of assets:

  • Financial, and
  • Physical

Managing these kinds of capital is necessary, of course.

But in the world of Google, Apple, Amazon and Facebook, is it sufficient?

Clearly not. Nowadays, many extremely valuable companies. Have negligible physical assets.

adult-learning_2020.jpg

What they do have is Intellectual Capital -- the sum total of all the knowledge, experience, capability, creativity and urgency of all team members.

How well do we manage Intellectual Capital?

The answer is obvious, is it not?

Do we harvest this splendid resource?

Do today's organizations grasp the catastrophic effect of thoughtless layoffs, excessive exec compensation, stifling bureaucracy and all other IC killers?

There are many kinds of wealth -- financial, physical, intellectual, relational, reputation, time and so on.

These are inter-convertible. For example, my daughter Eleanor has time wealth (& Dad's wallet...), which she is transforming into capability wealth.

When she graduates, God willing, she'll translate capability wealth into financial wealth.

But Intellectual Capital differs from financial & physical capital in that,

  1. It can be withheld, and
  2. It can walk away,

IC is controlled by our team members.

Treating them like dirt is akin to hitting yourself in the face with a two-by-four.

How many corporations understand this?

Best,

Pascal


In case you missed our last few blogs... please feel free to have another look…

Value Stream Maps
What is a Key Thinker?
Macro Value Stream Kaizen – Zoology
Poka-Yoke – Preventing Inadvertent Errors



commentYellowLarge.png
 
Picture of LSSU Admin
by LSSU Admin - Saturday, 7 March 2020, 2:11 AM
Retrieved from: Lean – Katie Anderson
Anyone in the world

Virtual collaboration — and adjusting plans — is the theme for this week! It’s amazing the collaboration – and creation – that can happen when people work together, even if they are not physically co-located. This topic has been on my mind a lot this week as many companies are closing their offices to only […]

The post The power of virtual collaboration appeared first on Katie Anderson.

Tags:
 
Picture of LSSU Admin
by LSSU Admin - Thursday, 5 March 2020, 5:10 PM
Retrieved from: The Lean Thinker
Anyone in the world
Key Actions vs. Key (Performance) Indicators Another concept Billy brought out in his presentation was the difference between what he calls “Key Actions” (KA) and “Key Indicators” (KI) – often called Key Performance Indicators (KPI). He actually introduced me (and a couple of other attendees) to the concept the previous evening. (Did I mention that …