When Jamie Flinchbaugh and I founded the Lean Learning Center we focused on 4 primary principles of lean: practical problem solving, waste elimination, standardization, and systems (process) thinking. Problem solving, waste elimination and standardization are well understood and widely accepted practices in the lean community and understandably are some of … Continue reading
This is the final chapter of the decision making mini-blog series. I thought we’d finish with some final insights.
Tip #1-It’s easier to reverse or recover from an individual decision than it is a group decision.
Tip #2-There is a difference in the process of making the same … Continue reading
A decision can be defined as a course of action purposely chosen from a set of alternatives to achieve organizational or managerial objectives or goals. Effective decision making is a critical component of managing any organization or business activities and are frequently made at ALL levels of an organization.… Continue reading
It is easy to debate what characteristics give one company a competitive advantage over another. It might be service quality, product quality, speed, flexibility, location, social footprint, technology and I’m sure you could offer more examples. Each of these characteristics are legitimate and some are more legitimate than others based … Continue reading