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FINISH STRONG®

Volume 10 Number 2 - February 7, 2012

If you know a company — customer, supplier, friend, or your own — that could benefit from improved operations, let us know.
Your best interest is our best interest.

The Finish Strong® monthly e-newsletter is for business leaders who recognize Operations as a strategic function that creates competitive advantage, profitability and brand loyalty in the marketplace.

These brief articles, list of events, and amended quote will make you think.
Go ahead: test us

THE SUPER BOWL

For most of us it's about the game, the party with friends and food, or the ads. But for the players, it's about being recognized as the best.

Your employees may not be as competitive as professional athletes are, but they likely will perform better "when there's something to play for." A paycheck is good, but it's rarely the prime motivator of outstanding performance.

While the owners' goals may be financial -- the highest EBIT in the industry; the fastest sales growth -- it's a rare non-owner that gets revved up about those things. Do you really expect your employees to go the extra yard and stay away from their families to get you from a 10% EBIT to 11%?

To reach the goals of ownership, leaders must understand what supplants the Super Bowl for their team. Most people just want to be appreciated. It may be as simple as "thank you for everything you do for us." For a production worker, it may be a business trip to a customer to see how their output is used. Just knowing that they won't be second-guessed, that their professional opinion is trusted, is all others want. Don't underestimate the importance of working for an admired and trusted coach.

Almost every NFL player not on Sunday's winning team is disappointed in their season because they didn't win it all. But most can take pride in attaining some of their goals. Those not retiring are already getting ready for next year by working out and practicing, trying to get better.

Do your employees know what they are "playing for?" Are they passionate about it? Outsiders may not plan a party, schedule their calendars, or create ads around your Super Bowls, but wouldn't it be great if your insiders did.


UPCOMING EVENTS

February 16, 2012: OHIO: Andrew Savitz, author of The Triple Bottom Line, will talk with executives from 8-11 a.m. about practical steps in creating a profitable and sustainable organization in this era of challenging environmental and social pressures. And the price is right: FREE!

February 29 - March 1, 2012: UTAH: Have a class ring from high school? Maybe a trophy? OC Tanner likely made it. The company is opening its doors for 2 days to share how they make customized pieces one at a time profitably. This workshop explores the company’s Lean journey, policy deployment, order fulfillment system, right-sized equipment, problem-solving, TWI, visual management, logistics and employee engagement. In other words, attendees will see the results of one-piece flow made possible by a True North culture focused on respect for people and continuous improvement.

March 28-29, 2012: BOSTON MA: MicroManufacturing and NanoManufacturing joint conferences are presented by SME, the Society for Manufacturing Engineering. Whether you are interested in coating, machining or micro molding, or nanomaterials, applications, or metrology, this conference includes the academic research and practical product development information you need.

April 23-25, 2012: INDIANA: Walk world-class manufacturing operations at the Industry Week Best Plants Conference. You may not consider Indianapolis a hotbed of leading-edge manufacturers, but perhaps you should.

THE IMPORTANCE OF MISTAKES

You order an expensive steak cooked medium rare. It comes out well done. The restaurant's mistake (whether it was the server or the chef doesn't really matter to you) is irritating and unacceptable.

It's rarely good when the customer is negatively impacted by mistakes.

In your organization, an employee has an idea he wants to try, with very specific reasoning and expected outcomes. You encourage him. He was wrong, but a team invests time finding out where the logic failed. They learn. They change the experiment, and this time it is successful. More learning. Your organization is better now. Only because you weren't afraid of mistakes.

Internal mistakes are a good thing. If none are made, your organization must already know everything, which means it is both lying to itself and losing ground.

Make mistakes. Protect the customer, but make mistakes.

FINISH STRONG®

The Starting Pistol

Tom Krause:
"If you only do what you know you can do- you never do very much."

The Tape

Rebecca Morgan:
"Stretch, grow, learn. Otherwise you already are all you will ever be."

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ABOUT REBECCA A. MORGAN

Rebecca A. Morgan has been an authoritative voice in business operations for over 30 years. Founder and President of Fulcrum ConsultingWorks, Inc. her wide-ranging experience includes operations, supply chain management, accounting systems, information systems, strategic planning, consulting and academia.

Rebecca held senior management positions with Stouffer Foods, TRW, Precision Castparts Corporation, Cleveland Trust (since acquired by KeyBank) and Perdue Farms. She also taught undergraduate economics courses for Salisbury State in Maryland and numerous manufacturing courses for other colleges and universities. She has owned and operated her consulting business since 1990.

Rebecca holds BA and MS degrees in Economics and has completed additional post-graduate work in Business Administration. She is Board Approved in Operations Management by the Society for Advancement of Consulting and is certified as a Fellow by The Association for Operations Management (APICS).

She contributes generously of her time to professional organizations, including current leadership responsibilities with: The Association for Operations Management (APICS), the Association for Manufacturing Excellence(AME) and the AME Institute.

In addition to serving as INC Magazine’s INC.com Operations Expert for several years, Rebecca’s expertise is frequently tapped by national and local publications on topics ranging from lean manufacturing to steel tariffs to B2B relationships.

To learn more, check out http://www.fulcrumcwi.com/rebecca.html

Finish Strong® is a newsletter delivered as a free service from Fulcrum ConsultingWorks, Inc. to clients and friends who consider the issues and challenges of Operations.  If you enjoy reading Fulcrum's e-newsletter please tell a friend or colleague. Anyone can sign up for a free subscription at http://www.fulcrumcwi.com/newsletters.html

Privacy Policy: We will not provide newsletter recipient names or email addresses to any third party, except as necessary for distribution of the newsletter itself.  Our business is helping companies, not selling contact information.

Finish Strong® is published by Fulcrum ConsultingWorks, Inc.
17204 Dorchester Drive
Cleveland, OH 44119-1302 Voice 216-486-9570
Copyright 2003 - 2012, Fulcrum ConsultingWorks, Inc.
All rights reserved.

For reprint permission, give Rebecca a call, or e-mail her at

 
 
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