lean (14)

Lean ManufacturingTop products are the creation of top designers and developers. Lean Product Development helps in developing expert designers and developers, who are excellent problem solvers and are adept at creating innovative solutions.  Developing Key Talent for Product Management accelerates Innovation and time to market while lowering costs.

Managers responsible for developing creative products and solutions need to take 5 key steps, in order to facilitate Learning and Development of Key Talent in the manu

Read more…

Lean Product Development & Innovation

Lean1Improving Product Development competencies in designers and developers is a concern for senior leaders in the manufacturing sector.

The approach most organizations take in developing Human Resources does not go beyond staffing the cream of the crop from leading global educational institutes.  Talent Development to them is, typically, sending their people to attend workshops and keeping up with employee annual training hours’ goals, and that’s it.  Companies usually spend more on acquiring latest

Read more…


A commonly quoted statistic is that 80% to 95% of the cost of a product is determined by its design and is therefore set before the itempic-1-5-Cost-Management-Strategies-300x200.jpeg?profile=RESIZE_710x enters manufacturing. This assumption suggests that the dominant focus of Cost Management should be during Product Development and not during Manufacturing.

However, contrary to a widely held assumption, companies can integrate a variety of Cost Management techniques not only in the design phase but throughout the product life cycle.  This is to ensure that ther

Read more…

There is a general belief among organizations that a large percentage of a product’s costs are locked in by design.  It is assumed that pic1-Integrated-Cost-Management-300x193.jpeg?profile=RESIZE_710xlittle can be done once the design is set.  This assumption has influenced cost management programs across diverse products’ life cycles. As a result, the focus during the design phase is Cost Reduction and Cost Containment during the manufacturing phase.

Yet, organizations that operated in a highly competitive market and demanded aggressive cost management showe

Read more…

Culture is essential today in helping employees and management survive in today’s environment. Survival has become a strong word pic-1-Lean-Culture-Framework-300x200.jpeg?profile=RESIZE_710xtoday. Without culture, everyone in the organization would act or behave differently. No one would be able to anticipate someone else’s behavior, and no one would understand why people behave the way they do. When this happens, the organization’s performance would be very chaotic.

What is culture? Organizational Culture is a learned process and is developed by the organ

Read more…

Richard Branson, British business and philanthropist once said: “One day, offices will be a thing of the past.”pic-1-Virtual-Teams-Challenges-Benefits-200x300.jpeg?profile=RESIZE_710x

While organizations still need to travel to reach their physical offices, the rapid changes in the world are requiring businesses to form Virtual Teams. A Virtual Team refers to a group of individuals who work together from different geographic locations and rely on communication technology such as email, voice conferencing services, fax, etc.

Virtual Teams work well for an organization

Read more…

Lean Management plays a significant role in putting in place processes, capabilities, and tools to improve how businesses operate. Butpic-1-Digital-Transformation-225x300.jpeg?profile=RESIZE_710x, the Digital Age has increased both the opportunities for businesses who know how to react and the difficulty of getting it right.

Tasks performed by humans are now more complex be it accessing information in multiple formats from multiple sources or responding to changing market and customer dynamics at an ever-increasing speed. As an increasing number of tasks b

Read more…

8028307876?profile=original

As the last decisive step in customer service, a warehouse ensures cost effective distribution.  Latest technological innovation has turned warehousing into a competitive advantage.  It offers untapped potential for improvement. However, warehousing is a hugely neglected part of global supply chains.  There is inconsistency in picking, packing and shipping orders, storing receipts, and managing inventory and logistics operations.

These and the following roadblocks in the way of smooth warehousing

Read more…

8028294856?profile=original

The Retail industry is under constant pressure by low margins and ever-increasing rivalry. Weak consumer spending; saturated markets; increased consumers demands for service and lower prices; and intense competition has put significant strain on retail bottom lines and growth avenues. Thus, Retail Strategy must evolve to accommodate these market changes.

Such low margins force the retailers to save costs across the operations, including IT, which is vital for the success of every strategic endeav

Read more…

Preparing for Government Reform

8028274455?profile=original“With the Administration’s emphasis on the Reforming Government Executive Order and the OMB Memorandum issued in early 2017, the upcoming 2018 conference will explore how agencies can move from “ proposed reform” to “implementing reform”. Hear from experts both in and outside government regarding approaches to ensure success and overcome challenges.” David Mader Former Controller The White House Office of Management & Budget
8028274472?profile=original

Preparing for Government Reform

The Executive Order has been issued to re

Read more…

How to Get Started with Lean

8028261856?profile=originalNew Free Video: How to Get Started with Lean

The first video in Gemba Academy’s new Gemba Talk series is "How to Get Started with Lean."

8028261277?profile=original

Watch it here:

This series will answer the most common questions we receive, and will remain free and won’t require registration. To ask a question, or view the second video (How Much Does a Lean Journey Cost?), go here

8028261488?profile=original

Thinking about enterprise-wide lean training in 2018?

Gemba Academy offers very flexible enterprise training programs so all of your sites can learn

Read more…

The Theory of Constraints (TOC) is a methodology for identifying the most important limiting factor—i.e. constraint—and systematically improving it.  It was developed by Dr. Eliyahu Goldratt, introduced in 1984 book, The Goal.

TOC differs from traditional management views, in that traditional methods seek to make improvements throughout the organization.  They divide the organization into smaller, more manageable pieces.  The objective, thus, is to maximize the performance of each part, resulting

Read more…

It is intriguing to see how often individual branches or geographic divisions in a bank have the tendency to re-invent the wheel. 

Why would a bank choose different organizational structures and processes in branches or locations? Why should a credit card application, for example, take 60 minutes in one country and just a few minutes in another? Or why are customer payment orders restricted to electronic channels only in some regions while others use a range of channels?

On the one hand, Lean and

Read more…

8219690055?profile=original

The Top-Quartile Performance Institute (TQPI) is recruiting master practitioners having 10+ years of executive-level experience to become members. Preference is given to those at the cutting edge of Finance, Process Improvement, Six Sigma, IT, HR, Operations Research, “C-Suite” Leadership, and other performance management disciplines. 

TQPI is a global community of transformation experts partnering to help people, organizations and each other achieve best in class. Globally, we have helped mid-si

Read more…

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead