The one key focus your operational excellence initiative should have

The term “Operational Excellence” seems to be relatively young, but operationally based organizations are seeking it forever. Operational Excellence is a relatively new name for ages old effort to make operations better (what is better?).   Over the last 60-70 years the operational world is progressing through leaps of advancement of knowledge and technology. Since […]

Your Key Performance Indicator

This post is dealing with “for profit” organizations (although may very well appeal to others as well). Top management of these organizations is supposed to be leading them to continuously and consistently increase their revenues, profit and profitability while at the same time ensure their sustainability (thus adding to the profit/profitability commitment, commitments to other […]

Protect your cash, and it will protect you

One of the slogans I very much believe in says – “When you have enough cash nothing is important, when you do not have enough cash nothing else is important“. In the constant chase for growth and profits, it seems that cash situation does not receive the respect it deserves. At least not before the […]