Operations Payoff

Rick's Blog - your source for news and insights into Operations and Supply Chain Management.

Teams are a key element of continuous improvement. A team is a group of people linked in a common purpose. This is different from a … Continue reading

One of the four Dimensions of Executive Thought involves the use of human resources. Executives should consider whether they have the right people doing the … Continue reading

Recent economic data shows that cash positions on corporate balance sheets have been growing steadily since at least 2014. Some economists suggest that part of … Continue reading

I’ve been interviewing company owners and CEOs for my next book, Moving Into The Express Lane: How to Rapidly Increase the Value of Your Company to … Continue reading

The Wall Street Journal and Vistage recently conducted a survey of CEOs of small business ($1 million to $20 million) about the election’s impact on … Continue reading

Jack Welch once said the best measure of productivity is units of input per unit of output. Some companies will have $18 of revenue per … Continue reading

The law of unintended consequences often strikes in situations where the intent is to do good, but the result actually hurts. The minimum wage increases … Continue reading

One of the concerns I’ve always had about Lean is the strong focus on process and the somewhat weak focus on people. World Class Manufacturing … Continue reading

As a leader, you have a clear picture of what needs to be done, and you communicate that to your people in terms of your … Continue reading

According to economists, the number of people over 65 will double in the next several years and by 2020, people over age 65 will outnumber … Continue reading