Cost reduction is a result of Affordability. However, labor reduction is not! Utilizing Affordability means faster, better and more affordable. Using Affordability means conforming to customer requirements and delivering value as needed, wanted and required by the customer and market. […]
Over the past several months, I’ve been engaged in several activities, projects and programs focused on performance improvement. And, as it has been for the past 10 years, I’ve found application for Affordability and its components. Below are examples of […]
Over the past several weeks, I’ve been involved with numerous Healthcare Institutions (mostly Hospitals). Like other types of organizations, these institutions have encountered specific challenges that interfere with transformation aimed at improving performance and increasing Affordability. Although these organizations are […]
Affordability is about Value, Customer and Cost. Focused on Customers, centered on Value with a strong fiduciary stewardship of Cost management. None of the three are more important than the others, nor or any subordinate to the others. Value […]
This past Friday, I was fortunate enough to tour a Healthcare facility who started their transformation journey about 7 years ago. Their last 5 years have been spent pursuing Lean after their Six Sigma effort did not “stick”, and failed […]
This month, Industrial Engineering Magazine published an article on Affordability. The article can be found at; http://www.iienet2.org/industrialengineer/Details.aspx?id=41167 The magazine site address is; http://www.iienet2.org/IndustrialEngineer/Issue.aspx Enjoy! Paul
The Foundation of the “House of Affordability” is based on Purpose: People > Process > Performance resulting in Profitability. Success and Prosperity are to key flows in this environment. The 5P’s create a perpetual cyclical system that starts and ends […]
Affordability provides a structure for directing, aligning, leading and managing an organization. It provides a framework for action. Each element provides a platform for assessing, designing, implementing and maintaining solutions for all aspects of an organization. The main “pillars” in […]
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 […]
Performance Excellence Associates, Inc.