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Lessons From Mount Stupid
A few months ago, I was asked to conduct a Workshop, deliver a Keynote, and Chair a three-day Conference on Manufacturing Process Excellence in Europe, produced by the Process Excellence Network (PEX), a division of IQPC, and held in Munich, Germany. Although that was a lot to ask of me, the line-up of speakers and…
Hunting credit, firms look beyond wary EU banks
Reuters reports that European Union banks have shrunk their loan books by over $5.5 trillion since the global crisis of 2007-08. This, in an attempt to cut risk on their balance sheets, choking off credit to companies and stalling the region’s recovery. As a consequence, businesses hunting credit are now forced to look beyond wary EU banks for…
In Ohio, the Fog Begins to Lift Over the Utica Shale
Gulfport Energy Shares fell rapidly last spring. That is until the oil and gas producer admitted to having begun drilling its initial 3 wells in the Utica shale formation in Ohio. Since that day, the firm’s value has doubled and continues to grow. Energy producers in the Ohio have likened the Utica to the giant…
Adopting Lean Management Practices is the Key to a Successful Lean Transformation
It can be difficult to succeed in implementing Lean transformation and improve a company’s metrics over 10 percent. Particularly when managerial behaviours don’t follow this transformation. In fact, in a Lean environment, managerial behaviours and the company’s culture have to change in order to sustain results. Especially supervisors & team Leaders. Below is a list…
Kaizen every day
Running to standard Whenever there is a problem, we should always first ask the question: Are we running to standard? Often the issue is that we’ve not followed the standard and we simply aren’t doing what we ought to be doing. It can be hard to admit to ourselves that we’ve merely been human and…
The Outliers Inn | Endings and Beginnings
Welcome to another episode of The Outliers Inn With it being near the end of another year the theme of this episode is endings and beginnings where we will speak with our guests about what might have ended for them this past year and what they look forward to beginning in the next. We have…