Companies with an adaptive culture that is aligned to their business goals routinely outperform their competitors. Some studies report the difference at 200% or more. source:http://management.about.com/cs/generalmanagement/a/companyculture.htm Why do you think the adaptive cultures are more profitable?
Inventory to sales ratio reached 13-year high Q1 2009 source: 2009 NAM/IndustryWeek Manufacturing Index Q2 2009 Do you think manufacturers have learned from this fact? Do you think they will continue to store excess inventory?
Before the Factoid I wanted to announce that I will be on a few radio shows over the next week: KBZNZ’s Business Genies hosted by Max Gregorich. We talk about lean in several industries and smaller businesses:Friday February 5th at 12:00pm PSTSaturday February 6th at 12:00am PSTMonday February 8th at…
Only 10% of employees say senior management treats them as most important part of organization Source: 2007 Towers Perrin survey, 18 countries, 40 companies,90,000 employees Why do you think that management feels this way about their employees? Do you think employees are the most important part of the organization?
42% say Top Management Commitment is #1 Challenge [to a lean implantation] Source: 2006, The Lean Benchmark Report, AberdeenGroup Why do you think it is such a challenge? What are some things that you do to get top management commitment?
89% consider themselves Lean yet less than 33% have mature Lean deployments Source:2006, The Lean Benchmark Report,AberdeenGroup Why do you think there is a disconnect with perception and the reality of Lean deployments?
82% say Adopting Significant Culture Change is their #1 Challenge Source:2006, The Lean Benchmark Report, AberdeenGroup Why do you think making cultural changes is so difficult?
Fast Facts About New Year’s Resolutions 63% of people say they are keeping their resolutions after two months 67% of people make three or more resolutions Top four resolutions: Increase exercise Be more conscientious about work or school Develop better eating habits Stop smoking, drinking, or using drugs (including caffeine)…
Since Friday was probably a holiday for most people I’m leaving up the factoid for one more day. Only 17.8% of companies say continuous improvement programs led to major increases in productivity* *2007 IndustryWeek/Manufacturing Performance Institute Census of Manufacturers Why do you think the number is so low? What do…
Merry Christmas! Only 17.8% of companies say continuous improvement programs led to major increases in productivity Why do you think the number is so low? What do you think can be done to change the number? Please leave thoughts on the comments section.