Most companies understand the benefits of standardizing critical processes: reduced variation, higher throughput and quality, ...

There are several long-term advantages you can achieve by avoiding a large influx of venture capital at certain stages of ...

In today’s climate-aware world, sustainability is no longer a “nice to have”— it’s a business imperative.While many companies ...

This article outlines a practical, low-cost framework for entrepreneurs to build and execute strategy fast — focusing on ...

Investopedia / Daniel Fishel Lean Six Sigma is a business strategy that aims to create efficiencies by identifying the causes of waste and redundancy and developing solutions to address them.

In 2009, Miami University adopted MU-Lean as a business strategy which is a systematic method for eliminating waste within processes. As our strategy matured, Miami University continuously found ...

Mazda’s collaborations with the aforementioned Changan, Toyota and other brands made this possible as part of the company’s new “Lean Asset Strategy.” This initiative aims to cut costs ...

How to infuse strategy into everything your company does Employee buy-in to your strategic plan is key to growth and success. 4 leadership lessons I learned by climbing the world’s tallest ...

Additionally, to prevent pricing pressure during times of waning demand, the company toggles its strategy to add sweeteners (excursion or spa credits, for example) to the product package to entice ...

by Michael Mankins In lean manufacturing ... Michael Mankins is a leader in Bain & Company’s Organization and Strategy & Transformation practices and is a partner based in Austin, Texas.