For the past 30-35 years, several strategies and stratagems for improving the performance of organizations have emerged. I’ve been exposed to; The Baldrige Criteria, Re-Engineering, Balanced Scorecard, Lean, Six Sigma … and many others. Affordability is a common sense strategy […]
With many concepts, theories and frameworks, an architecture and structure is required in order for people to fully understand and comprehend the content and context. Affordability is framed and constructed using what I call; “The House of Affordability”. This structure […]
One of the best applications of Affordability occurred as part of a project I was involved at Northrop Grumman in El Segundo, California. In May 2007, Dr. Beth Cudney and I kicked off a project for the IIE at the […]
Affordability, with its triple aim and integration of Value, Customer and Cost, provides a foundation and framework for improving and pursuing continuous improvement of both products and services. It also serves as a model for improving business, increasing competitiveness and […]
Within Affordability, Customer and Cost are two components of the “Triple Aim” that intersect in a way that provides a viewpoint on a ‘correct’ price, an understanding of the overall cost and expense from the customer’s perspective. It also involves a […]
Value and Customer are two of the critical components of the model of Affordability. Value is the purpose, intent and reason for what you do. Customer is the entity or individual or group of individuals who purchase what you provide. […]
The Theory of Affordability goes beyond price and the ability to purchase. Affordability is about the integration of Value, Customer and Cost for Continuous Improvement. It is the Aim that results in products and services that provide more value, meet […]
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