Patrick Lencioni argues in his book The Advantage that “being smart is only half the equation in a successful organisation“. The other half of the equation, the one that is largely neglected, is about being healthy. SMART organisations e...
9 Key Business Factors Driving the Manufacturing Industry
2017-03-28Engineering, Industry 4.0, Manufacturing, Performance, ProductivityIt is no surprise and nowadays perhaps even a cliché to reiterate that: Manufacturing organisations strive to create MORE innovative products and increase their portfolio, combined with FASTER time-to-market and increased productivity s...
Definition of compliance: observing statutory provisions, internal company policies and ethical principles. Sustainable growth requires integrity. Compliance management is concerned with the management of regulatory requirements (or for ...
HRM Strategy: Performance Management and Expectancy Theory
2015-09-20Operations, Talents, Culture, HR, PerformanceRunning a successful and growing business depends on the ability of the organization to react and be proactive in developing its assets including its employees. Human Resource Management (HRM) is essential for achieving organisational ob...
Discussions about Engineering & Design (E&D) Return on Investment (RoI) among manufacturing industry executives often turn to engineering productivity. A far more important metric is perhaps engineering throughput combined with cycle tim...
How Management Control Systems Can Affect Performance
2015-02-28Operations, Strategy, Management, PerformanceOrganizations generally respond to the environment through control and feedback loops using a combination of strategic control (strategy formulation, planning, risk management), and management control (strategy implementation, people, ac...