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To win the war on talent, a company will need to create an engaging workplace environment and maintain a solid reputation as a good employer
Employee Segmentation can help your company increase performance by 70 percent and reduce unit costs by 30 percent.
Industrial companies do not apply and manage lean production systematically. Operational performance is key, adopting all aspects of lean production can reduce costs 5%-15%
Culture Change is needed to achieve Lean. It is the alignment of culture which enables Lean to be internalized and successfully sustained by the organization
The FDA stays focused on the largest sourcing countries for drug ingredients are China and India which make up the majority of imports
Standards: Standard work is a key element of high-performing, consistent, and predictable operations. Focus on the critical few, those in greatest need of improvement
By applying an approach called Simplify for Excellence companies have reduced costs by 25% while increasing productivity by 62%.
Companies suffer from competitive myopia when they define their competition too narrowly and acknowledge only direct and immediate competitors
As companies grow they organize into “functions” and “silos”. Companies must ensure that their culture enables teams to get along well with each other.