When people talk about a lean journey, they say the word “journey” as if they understand it will take time to change a culture, however their behavior often reveals they don’t have the relentless patience will actually take to create change. We talked about the effort required to changing aRead More
Are boards of directors focused on strategy?
Theoretically, each higher-level of management should be increasingly long-term focused. That certainly includes the role of the board, who with their role on shareholder value and governance, must ensure that the short-term doesn’t crowd out the long-term. CGMA summarized two surveys assessing boards and the barriers to strategic oversight. TheirRead More
The simplest way to get started with process improvement
I have had many conversations lately where people are asking about the simplest way to get started with process improvement. The simplest way is to start with one simple question – why.Read More
The Lean Strategy Video Series Summary
A few years ago I develop a short video series on Lean Strategy. Given my last post challenged you not to start the year without a clear strategy and purpose, I thought it was worthwhile to dust off this video series and re-release it. I had a lot of offlineRead More
How did you spend the first week of the new year?
How did you spend the first week of the new year? If you were like many people, you spent it doing some pretty common things such as catching up on emails and going to some standing meetings, many of which probably began with people trying to remember why we haveRead More
Reflections on 5 years of board service
I’ve written about lean in the boardroom, and plan to write much more on the topic. I recently resigned my post at the Board of Directors of a privately-held company during its turnaround. Upon my planned departure, I wanted to share some of my reflections on this experience, as eachRead More
1 useful method for keeping strategic when you're tactically focused
This blog post originally appeared on the Lean Learning Center blog. You might be in an organization that is all about the tactical. It’s the “what’s next?”, action-oriented, go-go-go culture. There are certainly benefits to this environment. It avoids inaction and it gets things done; a good idea unimplemented isn’tRead More
Kodak and Fuji: a tale of two companies in the face of the same insurmountable problem
The Economist had an excellent article detailing the difference between Kodak’s historic bankruptcy and Fujifilm’s equally remarkable success, in The last Kodak moment?, and expanded on in Sharper focus. Both companies faced the same problem statement: digital photography would replace film. But Eastman Kodak, founded in 1880, despite it’s majorRead More
What's the proper election rotation of board members, annual or classes?
Bad boards have been in the news lately. The ongoing debacles at HP and Yahoo seem almost comical, to the point that you can literally imagine clowns running around in the board room. Of course, the easy thing for many people to assume is that they are just made upRead More