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Ever wonder what are the most important keys to project success? From my experience it boils down to two things: Management Buy-In and Effective Project Management. The former, Management Buy-In, is environment dependent and outside the scope of this article. However, it has been covered in previous blogs such as this one by my colleague … Read more
In Part 1 of this blog Wiff Dedrick shared the story of how he helped grow a toner cartridge remanufacturing company from $3M to $16M in annual sales over a ~five-year period. But the company had issues with profitability and excess inventory. Click here to read Part 1 of the blog. In Part 2 Wiff … Read more
Below is a tale of my journey as a young manager going through the enterprise transformation process as I know it, our Lean conversion, and the key lessons I learned. After graduating from the University of Texas in Austin in 1993, I moved to Dallas to join one of my friends in helping his business … Read more
This year marks 20 years since TMAC offered our very first LSS class. Hard to believe it’s been two decades since we launched our Lean Six Sigma Program. Earlier this month we celebrated this milestone with customers, current and former TMAC staff members. How did our program get started? Its origins go back to 2002 … Read more
Launching a Lean Six Sigma Program Imagine starting a new job at a company with no formal continuous improvement program. There is no culture of fact-based decision-making. The company measures only one thing: Dollars. A wide variety of problems exist across many different departments – accounting, procurement, human resources, operations, customer service. And you’ve been … Read more
“Success comes from experience… and experience comes from failure. If you’re not successful yet, then maybe you haven’t failed enough.” ~ Mel Robbins In life we all have good and not so good experiences. All experiences offer a learning opportunity. Personally, I think I have learned much more from my not so good experiences – … Read more
Disruption is a very trendy word. Articles about disruptive products, technologies, and services are increasingly common in business magazines. This is especially true in some industries such as consumer electronics and entertainment. Recently I even saw a Linkedin profile of an individual who described himself as a ‘disruptive change agent’. Makes you wonder how he … Read more
Author: Diana Martinez, Ph.D.
In the March LSS newsletter, Alberto Yáñez-Moreno, Ph.D discussed the financial results our students have reported from their certification projects. He reported a median financial impact of $100,000 USD for Green Belts (GB) and $149,000 USD for Black Belts (BB). These results are based on over 400 projects reviewed by TMAC’s Master Black Belts over the past 15 years.
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Co-Authored by Russ Aikman, MBB and Alberto Yáñez-Moreno, Ph.D Updated 2018 In Part 1 of this blog we provided a summary of the financial impact reported by Green Belts and Black Belts who submitted projects for certification [Part 1]. As noted in that blog, the reported financial results are on an annual basis, contain a … Read more
Updated 2018 From its origins manufacturing in the 1990s, more and more companies have embraced Lean Six Sigma including service oriented businesses, health care organizations, cities and municipalities. To be successful these companies need to be aware of the investment required, most notably in terms of developing the skills and knowledge of their people. As … Read more
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