If you know
a company — customer, supplier, friend, or your
own — that could benefit
from improved operations,
let us know.
Your best interest is our best interest.
The
Finish Strong� monthly e-newsletter is for
business leaders who recognize Operations as a
strategic function that creates competitive advantage,
profitability and brand loyalty to the marketplace.
DECEMBER MANUFACTURING HITS LOWEST LEVEL IN
28 YEARS
Those headlines make one wonder
why we even bother to get out of bed....
Could be because we know survival
requires an even faster pace of improving productivity,
quality, delivery, safety and innovation as this
worldwide economic malaise separates the weak
and stagnant from the strong and vital. There
hasn't been, nor will there be, time for woeful
pouting.
Could be because we know that people
around the world still need "stuff."
Listening carefully to the market about value
means quit wasting time and money on what it won't
pay for and concentrate on what it will. Keep
listening. Operational flexibility lets us stay
in synch.
Could be because we're sick of providing
inefficient processes that waste the lives of
our employees, cost our shareholders needlessly,
and kill our businesses. The statement "our
employees are our most important asset" only
has meaning when leadership backs it with an obsessive
commitment to improving processes until they no
longer waste the time and brainpower of employees.
Luckily, that is also in the best interest of
shareholders and the long term survival of the
business.
Many manufacturers didn't live to
see December's low levels. Many more won't survive
2009. But the best will. Be among them. Let's
pick up the pace. Now.
THE
DNA OF RABBITS
Steven Spears co-authored an article
published in a 1999 issue of Harvard Business
Review entitled "Decoding The DNA of the
Toyota Production System." Spears research
findings summarized there described four “rules
in use” at Toyota that were not easily
observable but were inherent to the management
and operations of the company. Those rules concerned
how to design and operate processes, and emphasized
that immediate and wide-spread problem solving
using the scientific method was crucial.
His 2008 book Chasing
the Rabbit describes two characteristics
and four capabilities that are the causal factors
differentiating high-velocity organizations
from the rest of the pack. The decade of research
between those two treatises verified the 1999
theories. The examples and expansion of those
concepts contained in Chasing the Rabbit are important reading for any executive who
wants to lead a world class organization.
If you're not focused on driving
out repeat problems, and then all problems from
your organization, you must have a different
theory of what drives success.
In case it's not obvious, driving
out problems is fundamental to "obsessive
commitment to improving processes until they
no longer waste the time and brainpower of employees."
FINISH STRONG�
The Starting Pistol
B. R. Ambedkar (chairman of India's 1947 Constitution
Drafting Committee):
“History shows that where ethics and economics
come in conflict, victory is always with economics.
Vested interests have never been known to have
willingly divested themselves unless there was
sufficient force to compel them.”
The Tape
Rebecca Morgan:
"...yet Alan Greenspan is "in a state
of shocked disbelief"..."
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