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Applying Lean Principles to a Hospital Emergency Department

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  • On January 30, 2015
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Applying Lean Principles to a Hospital Emergency Department   When it first was popularized, I think many people felt that Lean was the newest management fad. For me, the realization that Lean was here to say was when service-based industries started incorporating the mindset into the business. One industry in particular, healthcare, has embraced Lean […]
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Lean Principles Can Be Counter-Intuitive

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  • On January 30, 2015
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Lean Principles Can Be Counter-Intuitive   Lean is a method of production that you may be familiar with already. Simply put, it’s a system by which waste is reduced and production is focused on providing exactly what the customers need using a minimum amount of both resources and time.   Some of the principles of […]
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A Simple Kaizen Event Yields Productivity Increase of Almost 100%

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  • On January 30, 2015
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A Simple Kaizen Event Yields Productivity Increase of Almost 100% In any business, it is important to constantly keep on top of things that could improve the company’s output. Kaizen events, or changes made for the greater good, are constantly occurring in any established factory or business. However, you can’t just make random changes. In […]
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How We Think about Strategy at Four Pillars Investors

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  • On January 30, 2015
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How We Think about Strategy at Four Pillars Investors   Many business owners, particularly those in manufacturing, think of strategy as operational effectiveness (OE). However, while OE is a way to make your business more efficient through streamlining productivity and other methods, it is not the same as having a successful business strategy.   A […]
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What Happens When Values Guide a Business

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  • On January 30, 2015
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What Happens When Values Guide a Business   In many of the large companies I have worked for, it would be hard not to know, or at least be able to find, the values that the company stands for. Oftentimes, the values are posted on the walls throughout the company.   What I find interesting […]
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