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Forced Rankings and Respect for Humanity

Fortune: The new rules – Jul. 11, 2006 Part of Fortune’s cover story about how Jack Welch’s “old rules” don’t apply anymore, this includes the “old” rule of annually removing your “C players” from the employee ranks. The “new” rule…

GM Gaming the Cash Metric

WSJ.com – Can Mr. Fix-It Find Time for GM?: I knew companies played games with inventory numbers. Although there’s no rational business reason to do so, a lot of public companies purposefully “drain out” inventory (raw material, WIP, and finished…

It’s a Value Problem, not a Cost Problem

WSJ.com – Can Mr. Fix-It Find Time for GM? Part of the discussion about a GM-Nisssan/Renault alliance has been the old “purchasing efficiencies” driven by the idea of economies of scale. This means, if you’re bigger, you get a better…

The Chinese Auto Industry

I won’t comment on this much, because I’m not an expert on the Chinese auto industry (I still buy U.S.-built cars). But The Great Race: China offers big challenges but huge opportunities offers a primer on the ins and outs…

How to Poka Yoke This?

I received an email from an MBA student in Turkey (this truly is a global lean community). The emailer asked me a question (which I posting here with permission): I am doing research for my project at school. I noticed…

Not "Lucky" to get Hired at Toyota

WOAI: San Antonio News – Toyota Countdown: Landing a Job at Toyota Here’s a story about hiring at the Toyota San Antonio plant. There are far more applicants than jobs available, so Toyota can be selective in its hiring. The…

"Lean and Mean?" Sir, No, Sir!

TIME.com: Lean and Mean — Jul 10, 2006 — Page 1 I haven’t had time to read this yet, but I’ll invite your comments. I’ll add comments when I have a chance to read and digest this. My first instinct…

The Myth of Setting Goals

TOM WALSH: Time for Wagoner to show why GM needs him: A lot has been written about the proposed deal between Nissan-Renault and General Motors. The myth of the “hero leader” (in this case Carlos Ghosn) and the myth of…