Business Transformation 101

About Business Transformation 101

Welcome to the Business Transformation 101 podcast series. The objective of this weekly podcast is to provide you with ideas, thoughts, best practices, and real-world examples of transformational actions that will help you achieve meaningful improvements and take your business to the next level. These actions represent building blocks that you can utilize to construct a unique, holistic business system that support the culture you and your team are working to create and fits the vision and strategy of your business. Alternately, use these building blocks to make incremental improvements to your existing business and strategy.

Publisher

William T Fejes Jr

Category

business

Language

en

Explicit

No

First episode

3 Mar 2021

Latest episode

9 Jun 2021

Latest episodes

30 episodes in the feed.

1. 

   9 Jun 2021

   Section 1 Wrap-up

   Thirty weeks and 29 articles/podcasts ago I started this series on LinkedIn. The objective of the weekly series was to provide you with ideas, thoughts, best practices, and real-world examples of transformational actions that will help you achieve meaningful improvements and take your business to the next level. These actions were intended to be building blocks to utilize to construct a unique, holistic business system that would support the culture you and your team were working to create and fit the vision and strategy of your business. Alternately, the building blocks could be used to make incremental improvements to your existing business and strategy. Hopefully you found useful, actionable information from many, if not all of the podcasts in the series. Ultimately, effective Business Transformation comes down to Leadership by you and your team. It is incumbent upon you and your team to establish the culture and strategy of the business. Ensure your team has the right players and appropriate tools to execute the strategy and produce results. The Leadership team needs to "walk the talk" and lead the transformation by their actions.

2. 

   2 Jun 2021

   TPM (Total Productive Maintenance)

   Total Productive Maintenance or TPM is a process designed to maximize the effectiveness of the company’s equipment through its entire life-cycle. It requires the commitment and discipline of the entire organization to be successful. Success is: zero accidents, zero unplanned failures, and zero product defects. Tom Harada, who spent 35 years with Toyota in various leadership positions, summarized the importance of TPM in an interview with Art Smalley (Art of Lean Website); “Equipment maintenance is one of the hidden strengths of Toyota but it does not get a lot of attention. However, try to run a pull system or achieve standardized work if the machine is breaking down and kicking out bad parts all day long…you won’t get very far.” Implementation of TPM is built around a cross-functional team consisting of resources from production, maintenance, and engineering. This team works together to understand the products, processes, and equipment and ensure the equipment is kept in good running order.

3. 

   26 May 2021

   3P (Production Preparation Process)

   The Production Preparation Process or 3P is the process of developing an integrated product and production system that will meet the requirements of product design quality at the necessary production volume at the target cost by the target date. Unlike kaizens which are generally aimed at improving existing processes, a 3P event is essentially starting with a clean sheet of paper and utilizing lean principles from the inception of the project. Note that 3P can also be focused on just a process or product design but is more powerful when the 3P event couples the product and process from the start. The 3P team members link the process hardware e.g., fixtures, materials, equipment, tooling, and tools to the process software e.g., material flow, information flow, standard work, and inspection, to provide an effective production system. The team incorporates lean concepts such as one-piece flow, Takt time, Poka-Yoke (mistake-proofing), Chaku-Chaku (Load-Load), auto-eject, ergonomics, quick-changeover, pull systems, TPM (Total Productive Maintenance), and avoidance of monuments. 3P can provide a sustainable, competitive advantage through a differentiated product design coupled with a differentiated production process. While competitors can buy a product and reverse engineer it to close a differentiation gap, it is much more difficult to reverse engineer the process that produced the product since it is hidden away in the company’s facility and production processes. The 3P process should be used when: ● A new product is being developed ● An existing product is undergoing a significant re-design ● There is a significant uptick in demand ● A new plant is being built ● There are significant barriers in the existing product process that are limiting the company’s ability to meet customer demand effectively and profitably ● There is a need to create additional space in a facility The 3P process should address Safety, Quality, Delivery (lead time intro to market date as well as lead time for serial production delivery to customers), Cost (product expense, capex, and working capital), and Growth.

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Guest appearances

Books guests

Based on episode analysis; this does not confirm that the show is currently accepting guests.