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Tag Archives: targets
Pay Attention to the Results that Matter
Play pumps is a great sounding idea. Most people reading this blog have clean tap water a few steps away. Over a billion people today still struggle to get water every day. A common method to get water is using … Continue reading
Managing to Test Result Instead of Customer Value
Computer hardware and software creators use benchmarks as one tool to compare the performance of alternative products. At times this can be very useful. You can learn what software of hardware is faster and that may be a very valuable … Continue reading
Posted in Creativity, IT, Management, Software Development, Systems thinking
Tagged Creativity, Data, programming, Software Development, Systems thinking, targets
7 Comments
Why Setting Goals can Backfire
Dr. Deming long ago stated in his 14 obligations of management: “Eliminate numerical goals, numerical quotas and management by objectives.” I think he was right then, and is right now. A goal can help set the scope of the effort. … Continue reading
Posted in Data, Deming, Management, Process improvement, Psychology, Systems thinking
Tagged Deming, Process improvement, Psychology, Systems thinking, targets
2 Comments
Goodbye Quarterly Targets?
Goodbye Quarterly Targets? [the broken link was removed], Business Week: For about a decade, companies have tried to goose their stocks-or manage the market’s expectations-by putting out quarterly earnings projections. Now the practice has come under fire as business leaders … Continue reading
Posted in Deming, Management
Tagged Investing, long term thinking, management, short term thinking, targets
3 Comments
Toyota Targets 50% Reduction in Maintenance Waste
Inside the Toyota Maintenance Reduction 50 Percent by Paul V. Arnold (sadly the site broke the link, so I removed it): First, it is Maintenance Reduction 50 Percent, not Cost Reduction 50 Percent or Employee Reduction 50 Percent. “The goal … Continue reading
Posted in Data, Deming, Lean thinking, Management, Management Articles, Process improvement, Toyota Production System (TPS)
Tagged Deming, Lean thinking, targets, Toyota
4 Comments
Innovation at Toyota
The Birth of the Prius by Alex Taylor III: By the end of 1993 the development team had determined that higher oil prices and a growing middle class around the world would require the new car to be both roomy … Continue reading
Posted in Innovation, Management, Systems thinking, Toyota Production System (TPS)
Tagged aim, Innovation, targets, Toyota
4 Comments
SEC chief quotes Deming
Security and Exchange Chairman William H. Donaldson Speaks At Chartered Financial Analysts Institute Annual Conference [broken link removed]: This approach will, ultimately, better serve investors, and it will also gradually temper the pressures on some corporate executives to fudge the … Continue reading
Posted in Deming, Management, Systems thinking
Tagged Deming, Psychology, system thinking, targets
1 Comment
Out of Touch Executives Damage Companies: Go to the Gemba
When your customer service organization is universally recognized as horrible adding sales requirements to customer service representatives jobs is a really bad practice. Sadly it isn’t at all surprising to learn of management doing just that at our largest companies. … Continue reading →