Did you ever struggle with all the confusion about Vision, Mission, Objective, Goal and Strategies? Those words are sometimes used interchangeably and sometimes bear a specific meaning to those using them. If you google VMOSA, which stands for Vision, Mission, Objective, Strategies & Actions, you may find different definitions... I am usually not in favor … Continue reading VMOSA, Vision Mission Objective Strategies & Actions
Most companies, big or small, have a strategy, a plan for the coming year(s) with a set of high-level objectives and probably a Goal still to be achieved. Some of these plans are fairly elaborate, other less so and many are more intuitions expressed in broad lines and in rather informal mode. What executives often … Continue reading The benefits of fresh eyes on company’s strategy
In the first post of this series, I explained why bottom-up Lean initiatives have little chance to succeed. In the second post I switched the point of view and discussed the top-down driven Lean rollout attempts and their pitfalls. Neither is easy nor a sure way to succeed. In this third post it is time … Continue reading The fallacy of bottom-up Lean initiatives – Part 3: top-down and bottom-up
I believe most entrepreneurs started with a brilliant idea, a new product, a smart solution, new services... and the underlying desire to write a story on their own, not for a boss. The startupers then start up as the brilliant new offer needs funding and some structure to bring it to the world. But how … Continue reading How can Theory of Constraints help startups – Purpose, Goal and how to achieve it
In a prior post of this series, I explained why it is wise to (re)SWOT your business with 3D printing* in mind and in another one I suggested assessing the potential Threats your organization could be facing. In this post, it’s about Opportunities offered by the new manufacturing ways. *I use "3D printing" and "additive … Continue reading Re-SWOT your business with 3D printing in mind – Opportunities
In a prior post of this series, I explained why it is wise to (re)SWOT your business with 3D printing* in mind. In this post, I propose some questions to assess the potential Threats your organization could be facing. *I use "3D printing" and "additive manufacturing" interchangeably With the recent progresses in 3D printing (and … Continue reading Re-SWOT your business with 3D printing in mind – Threats
In a previous post* I assumed that 3D printing, general naming for additive manufacturing techniques, will revitalize strategic business analysis. *Will 3D printing revitalize strategic analysis? In this series of posts, I’d like to invite people in charge or with influence on strategy to reconsider their business with the new possibilities offered by 3D printing. … Continue reading Re-SWOT your business with 3D printing in mind – Introduction
There is barely a day without a new announcement about a 3D printing* breakthrough or new 3D printable material or finding 3D printing new applications. *I use "3D printing" and "additive manufacturing" interchangeably In most cases, 3D printing allows a totally new approach and reinvented value proposition, e.g. printing teeth, prosthetics, glasses frames, mechanical parts … Continue reading Why you should (re)SWOT your business
Having started my career in the heyday of Total Quality Management (it brings us back to the early 1980s!) and being educated to worship customer satisfaction in the Lean way, I am not very at ease with the Minimum Viable Product concept. A minimum viable product has just those core features that allow the product … Continue reading Minimum Viable Product or just crap?
In the following video interview, Philip Marris (answering Clarke Ching's questions) states that the five focusing steps of Theory of Constraints are wrong! Well it needs some more listening to understand the wisdom behind the provocative statement. First, the five focusing steps (5FS) are basically ok. What bothers Philip is the fifth step after the … Continue reading Beware of bottleneck hunting!