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Two Lean Tools You Can Use to Improve Processes at Your Site
In quality improvement engineering there are many tools. I would like to illustrate a few and show how they can apply to healthcare. I will be using tools taken from Lean Manufacturing, an approach used at Toyota Motor Company for many years now.Read more…A Sick Company Needs to Concentrate on its Core Competence
The surgeon operates only one patient at a time. Similarly, a sick company needs to concentrate on its core competence.During the turnaround phase when the company is on the brink of bankruptcy, there are time and resource constraints.Read more…Do Not Depend Solely on the Doctor in the House to do the Surgery
Many business leaders are good at starting a business or maintaining one that has already been well established. However, they are not good at fixing a seriously sick business. Avoid bankruptcy by hiring the turnaround experts.Read more…In Times Of Trouble, Do Not Become Schizophrenic But Let Your Focus Be Emphatic
Schizophrenic patients suffer split personalities, characterised by withdrawal from reality and behavioural disturbances. Management needs to have very sharp and emphatic focus rather than become schizophrenic.It does not take very long to mess up a company especially when the focus of the key management is muddled.Read more…Resistance to Change - Credibility at Stake
People often resist to change. Some resistance is productive because after dealing with this resistance the outcome of the planned change has altered. Management often is not (and can not always be) aware of all the implications where employees are – because they are involved.Read more…Change and Pressures to Innovate - The Coca Cola Case
Think about “Coca Cola,” and tell me what you come up with. (I’ll just wait a moment ...) ...Read more…The Tongue is the Window of Your Health
The doctor often examines the tongue to determine the general state of health of the patient. The tongue is the organ used by the body for communication. Similarly, we determine the morale level and state of mental health of the company by examining the manner of its communication.Read more…Rumour is Like the SARS Virus, It Can Spread by Mouth, by Phone
Rumour is like the SARS virus, it can spread by mouth, by phone and sometimes pop up in the most unusual places.Troubled companies are often plagued with negative unverified information, otherwise called rumour mongering. This is extremely unhealthy and can be deadly and infectious like the dreaded Severe Acute Respiratory Syndrome (SARS) virus.Read more…How to Deal with Unnecessary and Unproductive Resistance
Understanding that people could possible resist your planned change would help to prevent the same resistance later on when the measures are implemented.Resistance is seldom a rational issue. It is most often about a feeling people have about management issues and ‘not being involved’ is under the top 10 causes.Read more…Recovery and Strengthening - Long Term Programs to Sustaining Good Financial Health
Many companies came out of crisis and yet got back into trouble again. Why is it that these companies which have managed to ride out of the 'intensive care unit' fall back into trouble again? We also see such problems with patients in that they are cured of "heart disease" and "lung ailments" and subsequently went back to the old bad habits of stressful living and smoking.Read more…Your Low Cost Competitors Want To Eat Your Lunch
Your low cost competitors will not just nibble at your low price segment, they want to eat your lunchMany industry leaders are faced with a sea of changes in the marketplace, particularly the onslaught of many low cost competitors. They are minnows and will grow to become sharks if they are not nipped in the bud. Examples abound on the proliferation of the Chinese products in the world market.Read more…Just As Heart Ailment Is A Major Killer, Competition Is The Silent Killer
The management mantra of the 1980s was product quality, and activities involving Quality Control (QC) circles, Total Quality Management (TQM) and ISO 9000 were the order of the day. Back then, consumers were willing to spend enormous sums for quality products. However, product quality has significantly improved and today having a good quality product is a mandatory requirement for the company’s effective participation and survival in the marketplace.Read more…But No One Else Is Doing It!
No one else is doing it? Great! In business, sometimes we have to do things differently than everyone else in order to succeed or excel.Read more…Better Health With Less Fats - Do Better With Less
In today’s competitive market, the ones that outlast and survive are those that can do more things and programs with lesser resources. This is why increasingly, we are seeing companies’ budget requiring a reduction in overheads and capital expenditures, whilst profits and revenues are expected to increase. Companies have little choice as the marketplace, the shareholders and the investors dictate this.Read more…Change Is Not Always Difficult
In corporate life, at least, change is not only the ‘only constant’ but also frequently the bogeyman. You know that it’s necessary, but (“oh my god!”) how are you going to get people to go along with it, even welcome it?Read more…Running Businesses Are Like Parenting - If You Love Them You Must Let Them Go
When the children grow up, parents will have to learn to let them leave the security of their homes in order to pursue their dreams of studies, careers and marriage. Companies too have to learn to part with their businesses at the appropriate time. Some need to close down, while others sold away or be broken up.Read more…Cash is Oxygen During the Restructuring Process
Revenue is vanity, profit is reality and cash is certainty. In medical analogy, revenue is the food, profit is the water and cash is the oxygen. You cannot pay rent with profit, you can only pay your rent with hard cash.Read more…A Troubled Company Cannot Do a Quick Fix by Marrying Another Problematic One
Mergers are the equivalent of society weddings in the business world. But the honeymoon is usually over sooner than expected. Between one half and three quarters of all mergers do not work – they destroy rather than create value.Read more…Downsizing is Akin to Amputation – It Creates Negative Side Effects
Downsizing is like an amputation, which removes part of one’s body but creates side effects such as low staff morale and bad reputation. If it is badly executed, it can wrench out the innovative spirit and loyalty of the staff. Downsizing and layoffs are part of the price of becoming more competitive.Read more…Four Cs for Restructuring: Communication, Concentration, Cost Cutting and Cash
Restructuring is not a slash-and-burn exercise, but one that calls for the surgeon’s skills. It does not require the use of a parang or long knife but the surgeon’s lancet. The restructuring process may involve re-engineering, downsizing, rightsizing and delayering.Read more…
Most Recent Articles in Change Management category
- Ideas to Get Your Started Online $ Marketing Business - By: Thingom Kenedy
Is the same old routine that you have everyday getting you down? Fighting the traffic to go and sit in an office for 8 hours or more and then joining the rush hour home again. Collecting the kids from school, watching their sports practice or helping with homework, this leaves you no time for yourself at all. - Manifesting The Law of Attraction: An Unbiased Evaluation - By: Brian Garvin
Find out the scoop with relation to Law of Attraction and evaluate if it is proper for you at this time. Please read our original evaluation of Law of Attraction. - Small Business Kit For Dummies - By: Ajaay Kumar
The Small Business Kit for Dummies has eliminated the need for business coaching for many companies because the book explains in enough detail a range of aspects from beginning to continuing a successful business. This book is invaluable to both a new entrepreneur as well as those with plenty of experience. - Identifying the Right Venture Capital Firm Partner
- By: Rahul Rana
Venture capital firms are comprised of individual partners. These partners make investment decisions and typically take a seat on each portfolio company's Board. Partners tend to invest in what they know, so finding a partner that has past work experience in your industry is very helpful. This relevant experience allows them to more fully understand your venture's value proposition and gives them confidence that they can add value, thus encouraging them to invest. - Business Plan - By: Gaurav Walia
A is a short brief that explains how a business owner, director or entrepreneur plans to orchestrate an enterprising effort that carries out the actions that are necessary in order for the effort to succeed. Basically, a business plan is the written description of a business's business model. Those involved in the planning process and management are the most likely to use a business plan. Business plans are also used when approaching potential lenders or investors that have an interest in a particular business venture. - Data Center Automation - What Your Organization Needs - By: Sam A. Brown
When it comes to researching resources, there are several aspects worth considering, to ensure that business and operational needs are met. From the basics of implementing a software solution to automate tasks such as provisioning, patching and software distribution, to a full blown multi-tier architecture, data center automation is key. - The Power of the Chamber of Commerce - By: Andy Keeler
Advice on how your Chamber of Commerce can work for you - Conference Sessions Focus on Organizational Change - By: Mark Harbeke
Recently, I summarized the tips and strategies provided in two of the morning sessions at our recent 2006 Best Bosses Conference, held September 27, 2006 in Chicago. Below, I continue in this series of articles dedicated to the knowledge provided by the workplace leaders and experts at the Conference workshops. In recounting the two remaining morning sessions, “Evolution of a Best Boss: Changing to Grow Your Organization” and “Small Steps to Big Culture Change,” the common theme is organizational change. - Medical Billing Outsourcing - By: Damian Sofsian
The medical treatment business has changed significantly in the past few years. It presents many administrative difficulties during the preparation of insurance policy procedures and dealing with complicated claim forms. To avoid these complexities, doctors look out for outside help, and hire representatives to advise them, attend insurance company seminars, and provide them with regular financial reports. - Leadership v Management - By: Kevin Hinton
Change is one of the only certainties in life – it is constant.How we adapt to change will be one of the most determining factor in evaluating our successes or our failures.• where we end up.
