Archive for January 2020
Four Stages of a Successful Change Project
January 31, 2020 Heraclitus was wrong: Change is NOT the only constant. The failure rate of change projects remains constant as well, at about 70%. Every next failure would prompt publishing an article with a comprehensive list of steps to take and pitfalls to avoid in order to succeed – but not the root cause…
Read MorePredictive analytics help PPG customers prevent corrosion
Rundown and corroded industrial assets can have a detrimental effect on the bottom line. But for most companies that rely on smooth flowing pipes and watertight tanks, such as in the oil and gas, rail, and mining sectors, knowing when industrial assets will become a liability is a challenge. Fortune 500 company PPG Industries, founded…
Read More7 digital transformation myths
The pace of change in business is forcing many companies to transform, often enabled by technology. This is variously termed digital transformation or tech-enabled business transformation, but regardless of label, technology leaders are at the center. Preliminary data from Deloitte’s 2020 global tech leadership survey shows 79 percent of organizations globally are engaged in a…
Read MoreNeed direction on your lean manufacturing journey? Listen to the data
Know you know, don’t assume By Jeff Sipes Listen. Can you hear the data speaking? Is it whispering … or screaming? Does it point you toward constructive improvement, or are you just putting out fires? Improvement starts with having the appropriate data. All work happens in a process, and analysis helps us understand the work happening in…
Read MoreAnheuser-Busch InBev brews data-driven transformation to lure talent
CIOs at large enterprises are quick to blame Silicon Valley stalwarts and startups for why they struggle to lure top tech talent. But that narrative doesn’t sit well with Tassilo Festetics, vice president of global solutions for $132 billion brewer Anheuser-Busch InBev (AB InBev), who believes it’s incumbent on IT leaders to change the narrative.…
Read MoreRPA Center Of Excellence (CoE): What You Need To Know For Success
Tom TaulliContributor EntrepreneursI write about tech & finance. RPA (Robotic Process Automation) is software that helps to streamline tasks and activities within the workplace. The technology has been shown to lead to significant ROI (Return On Investment), as seen with companies like Intuit. Back in 2018, the firm launched an RPA pilot program using the UiPath platform and the…
Read MoreHow BMW is trying to modernize manufacturing
By Jenny Marc and Nell Lewis, CNN BusinessUpdated 12:36 PM ET, Thu January 23, 2020 Regensburg, Germany (CNN)On the outskirts of one of Europe’s best preserved medieval cities is one of the world’s most modern factories.The BMW group plant in Regensburg, Germany, manufactured approximately 320,000 vehicles in 2018. BMW says its use of technologies — from robotics…
Read MoreThe Simplicity of Lean
This is an except from Chapter-1, Introduction from my book, “The Simplicity of Lean”. Lean means many things to many people and its success or failure is important to a large number of stakeholders: customers, employees, management, shareholders, suppliers, and society as a whole. Is Lean a toolkit? Is it about cost saving? Is it…
Read MoreKofax Reveals Top 10 Intelligent Automation Predictions for 2020
Forecasts How AI-enabled Automation Will Transform Organizations over the Next 12 Months Kofax®, a leading supplier of Intelligent Automation software to digitally transform end-to-end business operations, has revealed 10 Intelligent Automation Predictions for 2020 – looking at how Intelligent Automation is poised to transform organizations over the next 12 months. Kofax believes there are reasons for optimism at forward-looking…
Read MoreIn Lean Accounting, Better to Lead than React
During a lean transformation, the goal is to come up with a system not based on standard costing.
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