Following part one in this two-part series about operational excellence (OpEx) in the power industry, Hexagon discusses the value of setting milestones to help reach OpEx goals. In addition, the ...

The concept of operational excellence effectively started in the manufacturing industry with concepts like Lean and Six Sigma and the Toyota Production System. The problem is that we have not made ...

"Operational excellence" has always been an elusive but worthy goal for anyone involved in business. Massive amounts of money has been poured into technology solutions to attempt to achieve it, and ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Tal Almog 1.80 seconds.

In the broadest sense, operational excellence involves making continuing improvements to a company in order to achieve a competitive advantage. In doing so, companies maximize value for the customer ...

When lean is introduced into a safety project, most people want to end the conversation. Safety, they think, is totally different from lean. Most people still associate lean methodologies with ...

Many companies drive operational excellence into their operations. Yet when asked exactly what it is, there is always hesitation. Answers such as "It's about process quality (making perfect parts ...