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Is Implementing Critical Chain Project Management Hard?
You may already know this, but a CCPM implementation is not much to fear. Think of it this way: “CCPM is a disciplined approach to managing the work we already do.” The reality is, that the work of...
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Business Excellence Cannot Be Benchmarked
What is excellence? Dictionary.com provides two: 1. The fact or state of excelling; superiority; eminence: his excellence in mathematics. 2. An excellent quality or feature: Use of herbs is one of the...
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Lean Manufacturing is Widely Implemented, but Results Elusive
This is probably old news, but I just came across an article citing the 2007 Industry Week/MPS Survey of Manufacturers, saying that less than 2% of Lean Manufacturing initiatives achieve their...
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Silk Purses from Sow’s Ears & Flying Lead Balloons
It’s that time of the year; review your past successes and update your plans for the coming year or so… I was doing some research on selling professional services, and ran accross the “best business...
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Study Shows Good Management Practice Equals More Profit
One would think we have the idea by now... A recent study done by the London School of Economics and Stanford University shows that a standard of management practice is linked to the favorable...
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Rocks Into Gold – A Parable
A parable is a short story that conveys a profound truth. A friend of mine, Clarke Ching, wrote this compact business book that contains a GREAT idea. Spend 20 minutes reading it. You’ll be glad you...
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Does Value Stream Mapping Need a Makeover?
The main reason organizations don’t realize maximum output from their capacity is that planning and execution behavior is not aligned with the global purpose of the organization. There are two...
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Experience is not the best teacher?
According to Kishore Sengupta, an associate professor at France’s Insead business school, says that project managers says with 10 or more years of experience collectively generated higher costs and...
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Is Your Continuous Improvement Organization a Profit Center?
Continuous Improvement (CI) organizations must be profit centers, not cost centers. Too often, these organizations are established with little thought as to how they will function with the rest of the...
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Critical Chain Project Management Webinar
On April 29, 8am-9:30am PST, I’ll be presenting a webinar on Critical Chain Project Management. This event is sponsored by the Theory of Constraints Certification Organization (TOCICO). This one hour...
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You don’t have to be a firefighter to deliver on time!
Breakthrough in scheduling simplifies managing a plant, while making it more responsive, improving on time delivery and throughput. Imagine if… Your plant ran on auto-pilot – people know what to do,...
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8 Unconventional Things to do When Sales Goes Down
So you’ve been hit by the economic crisis, eh? Demand has softened up a bit, sales are uncertain. You’re wondering what you’re going to to do with all that extra capacity. You don’t want to lay...
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Probabilistic Project Scheduling = Shorter Project Lead Times
Probabilistic project scheduling uses an understanding of the variation in project tasks and the project environment (project risks) to make a quantitative prediction of a range of project outcomes....
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Theory of Constraints Lean Six Sigma – Integrating Tools for Big Results
Here’s a short clip from my presentation last month. Many organizations struggle with their continuous improvement (CI) efforts; achieving real bottom line results, whether in cost savings or increased...
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Why is it so hard to get buy in to continuous improvement?
At the heart of continuous improvement is the matter of change. In order to improve the process, we must change it. However, not every change results in an improvement. We would not bother to make a...
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A “Typical” Theory of Constraints Implementation
You’ve read all of the books on the Theory of Constraints and heard of the terrific successes other achieve with this method. You may be wondering what a real implementation looks like. I’ve led...
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How to Double Your Profits with TLS Theory of Constraints Lean Six Sigma
Well, maybe you won’t double them, maybe you’ll do better! Many organizations struggle with their continuous improvement (CI) efforts; achieving real bottom line results, whether in cost savings or...
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Theory of Constraints Lean Six Sigma Podcast
Last week, I did an interview with Joe Dager of Business 901 on the topic of the integration of Theory of Constraints with Lean and Six Sigma. We discuss how it all fits together and the biggest...
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Theory of Constraints Supply Chain Management
With all these smart people working on supply chain management initiatives, why are there so few examples of real successful SCM improvements? Why, if management spends millions of dollars on supply...
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Throughput Accounting; Improving Decision Making
Today, companies are focused on increasing throughput – the rate at which a company generates money through sales. They want to expand products, customer base, markets, and so on. They want to grow as...
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