Make the connection between continuous improvement initiatives and financial returns
Depending on who you talk to, somewhere between 5 and 50% of business improvement initiatives actually deliver the targeted benefits. One of the characteristics of companies that are successful is tight alignment between improvement activities and business objectives--including financial ones.
This in-depth TBM briefing explores the connections between business improvement projects and financial returns, and some of the steps that management must take to capture the financial gains. Highlights include:
- How to translate Lean and Six Sigma gains into shareholder value
- A case example of a company who effectively leveraged Operational Excellence for efficiency and growth
- Three management actions for translating operational improvement activities into financial gains