Sunday, September 10, 2006

One Minute Manager - Ken Blanchard


This topic is not directly related to SCM. It is a people management topic. But since people management is relevant in any industry or profession, I take the liberty to post this topic under this blog.


Key Concepts of One Minute Management

  • People who feel good about themselves produce good results.
  • Help people reach their full potential. Catch them doing something right.
  • The best minute I spend is the one I invest in people.
  • Feedback is the breakfast of champions.
  • Everyone is a potential winner. Some people are disguised as losers.
  • Don't let their appearances fool you.
  • Do one minute goal setting in not more than 250 words on a single sheet of paper.
  • Take a minute, look at your goals, look at your performance. See if your behaviour matches your goals.
  • We are not just our behaviour. We are the person managing our behaviour.
  • Goals begin behaviours. Consequences maintain behaviours.
  • Praise in public when people do the right things and Reprimand in private when people do something wrong. Do both praising and reprimanding immediately and don't wait till the annual appraisals.

Concepts from "The Goal"

Throughput: It is the rate at which the system generates money through sales.

Inventory: It is all the money the system has invested in purchasing things it intends to sell.

Operational Expense: It is all the money the system spends in order to turn inventory into throughput.

Bottleneck: It is any resource whose capacity is equal to or less than the demand placed upon it.

Non-Bottleneck: It is any resource whose capacity is greater than demand placed upon it.

"Balance Flow not Capacity."

Flow through Bottleneck = Market Demand

Bottleneck will determine throughput. E.g. Herbie the fat kid on the hike.

Saturday, September 02, 2006

Concepts Relevant to SCM

Hi Guys,

I have been going through quite a few web sites and reading material on various concepts which are relevant for providing good SCM Consulting. I am listing down some of the concepts as well as good books which explain these concepts. Do add to this list based on your experience.

1) Lean
2) Theory of Constraints (TOC)
3) Six Sigma
4) Business Process Reengineering
5) TQM
6) Kaizen (Continuous Improvement)
7) Kanban (Pull System)
8) Demand Driven Supply Chain (DDSN)

Some relevant books are Lean Thinking by James P Womack, The Goal by Eliyahu Goldratt, Reengineering the Corporation by Hammer and Champy.