Leadership and Accountability Drives Results. During the year end period most companies are spending lots of resources to prepare sales forecasts, expense budgets, cash flow projections and production or manpower plans. The best companies view this process as an integral part of their business plan for the upcoming year. Others view it as a general […]
What is the purpose of your business? That question is more than a discussion topic for an MBA class. You must know the answer for your business to make the right decisions about whom to hire, how to operate and what priorities to set. For generations, many American businesses operated according to the business […]
It is that time of year when many organizations are making strategic decisions about the coming year. Whether you approach planning formally or informally, there are many ways to skin the cat. What is most important is that you have a workable plan and not just a laundry list of tasks. When that happens, according […]
Series Overview In this blog series we will explore the full process that financial institutions face deciding on the best course of action for modernizing their current information technology. As with any complex situation it makes sense to it break down. By doing so we can readily understand the process and with this understanding […]
Series Overview In this blog series we will explore the full process that financial institutions face deciding on the best course of action for modernizing their current information technology. As with any complex situation it makes sense to it break down. By doing so we can readily understand the process and with this understanding […]
Recently, a few of our executives discussed IoT’s business potential, challenges and competitive advantage in manufacturing. JoLinda Vega, Steven Ham and Brian Howell. We live and work in a world of rapid change. Businesses must be focused on innovation with its people, process and technology to thrive in a highly competitive economy. Executive leadership is […]
Today’s marketplace is competitive. Businesses in all industries are looking for ways to increase operational efficiencies and reduce costs. Maximizing the supply chain process can have a dramatic effect on the bottom line. Recently, two of our executives discussed how they help companies to create significant value in their supply chain and how suppliers can […]
Process Improvement (PI) or Business Process Improvement (BPI) is typically used by Industrial Engineers and Consultants to analyze an existing process to determine bottlenecks, waste, inefficiencies or areas of time delay and then develop possible solutions for improving the process. Examples of improvements could be things such as implementing a new application or system (i.e. […]
Change Management has been a hot topic since the dawn of time. Yet, despite the huge investment that companies have made in tools and training and the thousands of books available (over 183,000 on Amazon), we still see a 60-70% failure rate for organizational change projects. A similar proportion of projects do not deliver the […]
Effective sales and operations planning, or S&OP, must strive to have a common focus, which can be difficult to achieve without a process to guide the way. S&OP in manufacturing environments provides a structure for a culture of open communication, a common language for that communication and measurements to assure optimal results. With a clearly […]