Pioneers in Project Execution Management

22.06.2009.11:52

Project Execution Management may seem new but it actually builds upon the work of many pioneers. These pioneers not only demonstrated that managing execution is the key to "faster, better and cheaper" but also made revolutionary contributions to it:

Henry Ford: Assembly Line Production
Taichi Ohno: Lean Manufacturing (Kanban + Kaizen)
Southwest Airlines: Lean Services (achievements include 20-minute turnaround of planes)
Wal-Mart: Lean Supply Chain Management
Dr. Eliyahu M. Goldratt: Buffer Management Systems (Drum-Buffer-Rope, Make-To-Availability and Critical Chain) for high variability operations

Source: Execution Management Minute

Tags: critical chain, project management, theory, networks

Entrepreneurship in and after the Crisis: Rules of the Game, #1

06.06.2009.15:56

The current economical crisis sets new rules for entrepreneurs. Entrepreneurs need to play by new rules to survive this crisis. If played well by these rules, they will not only survive this crisis, but also be successful in 2-3 years. In this blog, some of the rules will be explained.

First Rule:
Low Investments, High output.

Why? The investors of the old era are heavily damaged. Banks have suffered big financial losses as well as big losses of trust. Banks will have to work hard the coming years, to make up the big financial losses and to recover the trust.
This means that big, risky loans will not be available the coming years. Entrepreneurs have to build on low investments since no big bags of money are available.
The current markets have fallen, and now they are taking only little steps to crawl up again. This rhythm needs to be mirrored in the way business is done. Low investment, fast and high return on investment. This creates confidence, to take bigger steps in later years.

First European TOCICO Results Conference 2009

30.05.2009.11:03

Coming 15th to 17th of October the first European TOCICO Results Conference will be held in Amsterdam, the netherlands. This is an International event for those who are interested in the Theory of Constraints and for those who are involved with the application of it in all different fields. Guest of honour is Dr. Eli Goldratt, founder of the Theory of Constraints. Questions and other core subjects of the Theory of Constraints will be answered by Dr. Eli Goldratt as well as many other questions you may have regarding regarding business.
"Managers & Experts of companies of a variety of industries (Retail, Supply Chain, Health, Service Industry) will share their experiences & results with you. You will learn how to raise the interest of your peers and managers to investigate and apply TOC business rules to your organization. You’ll understand the simple measures and learn how to put them into action. Examples, games, simulations and assignments will be presented. You can practice and experience the business impact that the simple TOC measures bring."

More information can be found here..