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It may be so obvious that it’s frequently overlooked, but no company is a carbon copy of another. All organizations have their own unique culture, one that’s commonly captured in their motto, such as Trindent’s “Make it Happen™”. Company culture shows great insight into the executive management style at the top, which then influences… read more →
We’ve all used John Ray’s adage, “Haste makes waste” to demonstrate that doing something too quickly causes mistakes and results in the waste of time, effort, and materials. And we’ve all experienced situations where we were asked to “work faster” only to subsequently face quality problems. Similarly, many organizations who strive to eliminate waste… read more →
Strategy is a popular subject in business schools: it has a certain air of intelligence and sophistication about it. But it’s a term that’s overused without being well understood. If a poll were to be conducted, most business school students would probably not be able to give a proper definition of what “Strategy” is. And… read more →
The 5S organization system is a fundamental part of Lean consulting. A tool designed to improve efficiency, it uses a systematic approach to organization and cleanliness in the visual workplace. Like Lean, 5S was created in Japan and because the original “S” terms were in Japanese, the English translations for each of the five steps… read more →
Two common expense reduction strategies that companies in any industry often pursue are abandoning long-term projects and cutting corners, but both are a mistake. In refineries, one of these mistakes is often made by reducing one of the largest operating expenses – preventative maintenance costs. Refinery maintenance costs are broken-down into preventative and reactive. Preventative… read more →
It’s exciting to think of the opportunities technology has created over the last several decades, and to imagine how many more are still untapped and underutilized. One of the most significant changes technology advancement has had on business has been the digitization of information and the analytic and communicative power it brought with it…. read more →
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