In-depth, hard-hitting interviews with newsworthy personalities.
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Content provided by Lean Portland. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lean Portland or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
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E23: Calculating Financial Benefits for Improvement Projects - Lean Portland Happy Hour - July 2022
Manage episode 334225747 series 2420538
Content provided by Lean Portland. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lean Portland or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
After making improvements to your processes, a best practice is to calculate the benefits to the organization. Calculating financial benefits is an important part of building momentum for improvement with upper management. However, this can be confusing for those not familiar with financial data, and is not done very often in organizations.
Brion Hurley will discuss commonly used methods for capturing financial impacts of process improvement work.
The 5 categories are:
• Income Statement
• Cash Flow
• Growth
• Avoidance
• Soft Savings
We will define each category, go through a few examples, and go through a practice exercise as a group.
Links discussed in the video:
Lean 101 Virtual Training - June 26, 2022: https://www.eventbrite.com/e/lean-101-tickets-367967449547
Case Study Example: https://www.leanadvisors.com/lean-success-stories/manufacturing/client-saved-800-000-in-3-days
ABOUT US:
Lean Portland is a socially-driven community built organization for both new and experienced continuous improvement professionals. We've been gathering for happy hour since 2012 and every First Tuesday since 2015! As of April 2020, Happy Hour is happening online. Until we can safely meet again in person, we hope to see you here soon!
Learn more about Lean Portland at https://leanportland.com/
To check out upcoming Lean Portland events, visit https://www.eventbrite.com/o/lean-portland-16044200704
23 episoade
Distribuie
Manage episode 334225747 series 2420538
Content provided by Lean Portland. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lean Portland or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
After making improvements to your processes, a best practice is to calculate the benefits to the organization. Calculating financial benefits is an important part of building momentum for improvement with upper management. However, this can be confusing for those not familiar with financial data, and is not done very often in organizations.
Brion Hurley will discuss commonly used methods for capturing financial impacts of process improvement work.
The 5 categories are:
• Income Statement
• Cash Flow
• Growth
• Avoidance
• Soft Savings
We will define each category, go through a few examples, and go through a practice exercise as a group.
Links discussed in the video:
Lean 101 Virtual Training - June 26, 2022: https://www.eventbrite.com/e/lean-101-tickets-367967449547
Case Study Example: https://www.leanadvisors.com/lean-success-stories/manufacturing/client-saved-800-000-in-3-days
ABOUT US:
Lean Portland is a socially-driven community built organization for both new and experienced continuous improvement professionals. We've been gathering for happy hour since 2012 and every First Tuesday since 2015! As of April 2020, Happy Hour is happening online. Until we can safely meet again in person, we hope to see you here soon!
Learn more about Lean Portland at https://leanportland.com/
To check out upcoming Lean Portland events, visit https://www.eventbrite.com/o/lean-portland-16044200704
23 episoade
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Similar cu Lean Portland
In-depth, hard-hitting interviews with newsworthy personalities.
…
continue reading
The Washington Post's Presidential podcast explores how each former American president reached office, made decisions, handled crises and redefined the role of commander-in-chief. It was released leading up to up to Election Day 2016, starting with George Washington in week one and ending on week 44 with the president-elect. New special episodes in the countdown to the 2020 presidential election highlight other stories from U.S. presidential history that can help illuminate our current momen ...
…
continue reading
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…
continue reading
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…
continue reading
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…
continue reading
Each week, Milan Vaishnav and his guests from around the world break down the latest developments in Indian politics, economics, foreign policy, society, and culture for a global audience. Grand Tamasha is a co-production of the Carnegie Endowment for International Peace and the Hindustan Times.
…
continue reading
An early look at the stories that will drive tomorrow's conversation.
…
continue reading
Jay Rayner hosts a culinary panel show packed full of tasty titbits that might change the way we think about food, cooking and eating. An expert panel answers audience questions.
…
continue reading
America is more divided than ever—but it doesn’t have to be. Open to Debate offers an antidote to the chaos. We bring multiple perspectives together for real, nonpartisan debates. Debates that are structured, respectful, clever, provocative, and driven by the facts. Open to Debate is on a mission to restore balance to the public square through expert moderation, good-faith arguments, and reasoned analysis. We examine the issues of the day with the world’s most influential thinkers spanning s ...
…
continue reading
Voted “Favorite Political Podcast” by Apple Podcasts listeners. Stephen Colbert says "Everybody should listen to the Slate Political Gabfest." The Gabfest, featuring Emily Bazelon, John Dickerson, and David Plotz, is the kind of informal and irreverent discussion Washington journalists have after hours over drinks. Want more Political Gabfest? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe dire ...
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