Tag: Strategy
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Value Stream Mapping: Why it should be your first step to define your strategy
VSM : The key to aligning your processes and goals Value stream mapping is a powerful technique to visualize the flow of work and identify the sources of waste and inefficiency in any process. By designing value stream maps, you can align your leadership and teams around a common vision of how to deliver value…
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Thriving in times of crisis: The power of Lean and Management Control in SMEs
Crisis-Proofing your business ? Embracing Lean’s transformational power In the world of business, navigating through turbulent times requires a strategic shift. Sustainable growth often faces threats, and organizations can find themselves challenged by stagnation or even a decline in competitiveness. During these periods, societal tensions may rise, and it becomes crucial to adapt strategies for…
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How Lean lost its way. The deviation from the original philosophy
What is the purpose of Lean? Why do we use it? The roots of the Lean philosophy can be traced to Toyota’s manufacturing systems in Japan, inspired by Henry Ford’s flow production in the United States and Eli Whitney’s interchangeable parts (1). The term Lean was coined by John Krafcik in 1988 and defined by…
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How to manage change and adapt strategy in a dynamic environment
Change Management : A Framework for Organizational Success When a crisis hits, we have a choice: we can either react with fear and panic, or we can respond with courage and purpose. As leaders, we have the responsibility to inspire our teams to embrace the challenge and see the opportunity for growth and innovation. Change…
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How to succeed in introducing Financial Control
Learn Financial Control the smart way The introduction of Financial Control aims to provide objective information for strategic management and decision-making. But the behavior of the different actors in the company always clashes with the technical dimension of Financial Control tools. Control indicators are perceived by some managers as a limitation of their supervisory power…
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The Impact of Lean Maturity on Financial Control Simplification
How Lean maturity simplifies Financial Control Torbjorn Netland (1) explores how Lean Manufacturing affects Financial Control systems and finds that they change after Lean implementation. One of the pillars of the Toyota TPS (Toyota Production System) house is to empower individuals (autonomy) and let teams make decisions on the shop floor instead of remote managers,…
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How financial control can enhance Agility and Value creation
The challenges and opportunities of Financial control in a dynamic and complex environment. The role of management control largely depends on the size and culture of companies, their sectors of activity, the internal and external environment, the strategies deployed, etc. Two aspects are frequently put forward : This rapid evolution of the function poses the…
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How to connect, create, and deliver value with your words
How to communicate better Communication is not just about sending and receiving messages. It’s about making a connection, creating a change, and delivering value (1). But how do you do that effectively? Here are some tips to help you communicate better, whether you are an exporter, an importer, or anyone who wants to make a…
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How to make your company and team learn better
The secrets of building a learning organization Imagine a company that can constantly improve itself by learning from its own experience and feedback. Kaizen, or continuous improvement, is the key to a learning company. This vision can be achieved by any company, no matter how far along they are in adopting Lean, a management philosophy…
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How to become a learning company with continuous improvement
Kaizen : A mindset for learning and adapting in a changing world Lean management in times of crisis means learning to adapt constantly, learning to learn, integrating organizational learning as a vector of performance. By changing the behavior and culture of individuals towards self-learning, a company that directs its strategy towards the continuous improvement of…
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