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Bill Waddell
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by BILL WADDELL Seven and a half years after scribbling my first post on Evolving Excellence I'm moving - whether I'm moving on, moving up or just moving over remains to be seen, I suppose - but moving I am.... Continue reading
Posted Jan 21, 2013 at Evolving Excellence
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by BILL WADDELL I recently received an email from a guy challenging the legitimacy of organizing into value streams and lean accounting. The linchpin of his argument: "I can't find anything saying Toyota has done any of that". This seems... Continue reading
Posted Jan 18, 2013 at Evolving Excellence
by BILL WADDELL All over the country - all over the world, for that matter - managers are confronting year end surprises from annual inventory counts. Strenuous efforts to reach profit goals have been undone by inventory write-offs they never... Continue reading
Posted Jan 10, 2013 at Evolving Excellence
by BILL WADDELL The horrible shootings in Connecticut have set off another round of debates over the fundamental goals of a business - pitting financial gain against social responsibility. The core principles of lean - including respect for all of... Continue reading
Posted Jan 8, 2013 at Evolving Excellence
by BILL WADDELL The good folks over at Bloomberg/Business Week wrote about Cisco's failure to make good on their big investment in LinkSys. Cisco makes big, complicated gear to manage big complicated computer networks. LinkSys makes basic, cheap wireless routers... Continue reading
Posted Dec 28, 2012 at Evolving Excellence
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by BILL WADDELL I have always thought that you could tell an awful lot about a company's values, culture and leadership by what happens in the weeks running up to the holidays. If the company is near the average make-up... Continue reading
Posted Dec 18, 2012 at Evolving Excellence
by BILL WADDELL Interesting article on the Wall Street Journal's site about the challenges facing Marie Robinson - the Toys R Us head of their supply chain. In a growing on line selling world the big issue is the role... Continue reading
Posted Dec 14, 2012 at Evolving Excellence
by BILL WADDELL I'm sure the European explorers of old were startled to find the Americas squarely in the middle of the path heading west from Europe to Asia. The millions of aboriginal people already living in the Americas knew... Continue reading
Posted Dec 13, 2012 at Evolving Excellence
by BILL WADDELL The folks at The Christian Science Monitor wrote about some head-shakingly bad experiences with on line shopping the other day: "First up is Kohl's, which is notoriously guilty of slow processing; according to our own staff experiences,... Continue reading
Posted Dec 10, 2012 at Evolving Excellence
by BILL WADDELL By now I am sure just about everyone has read that Apple's Tim Cook has announced that Apple will start making some computers in the United States. Lots of blather about the USA not having the engineering... Continue reading
Posted Dec 7, 2012 at Evolving Excellence
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by BILL WADDELL The New York Times has run a series of stories written by a guy who runs a woodworking company in the Philadelphia area in which the author/ business owner shares his insights and lessons learned. The latest... Continue reading
Posted Dec 6, 2012 at Evolving Excellence
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by BILL WADDELL We call them the LLCC's - the Low Labor Cost Countries - and we rationalize having the goods we buy made there through a convenient, but entirley fabricated, interpretation of an economic theory called 'Comparative Advantage'. It... Continue reading
Posted Dec 1, 2012 at Evolving Excellence
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by BILL WADDELL Once there was a manufacturing executive who was concerned about the inaccurate financial information he was getting, so he moved his desk up to the accounting department so he could figure out what was going on. Soon... Continue reading
Posted Nov 29, 2012 at Evolving Excellence
by BILL WADDELL An interesting article over at Industry Week: Lean's High Tech Makeover - Toyota matches its Toyota Production System with advanced automation tools to create a high tech ballet of lean manufacturing This is the article I mentioned... Continue reading
Posted Nov 27, 2012 at Evolving Excellence
by BILL WADDELL The good folks at McKinsey have put out a massive report called "Manufacturing the Future: The Next Era of Global Growth and Innovation". The pdf version runs to 184 pages and everyone serious about manufacturing should read... Continue reading
Posted Nov 21, 2012 at Evolving Excellence
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by BILL WADDELL It seems rather curious that Hostess Brands CEO Gregory Rayburn would have so much time to talk to the business press over the last week or so as his company was racing toward liquidation, but he did... Continue reading
Posted Nov 19, 2012 at Evolving Excellence
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by BILL WADDELL I have two two clients that are both lean and successful, but with very different cultures. Both have female dominated factory floors - I don't know the numbers but easily 2/3 of the front line folks are... Continue reading
Posted Nov 14, 2012 at Evolving Excellence
by BILL WADDELL It seems more and more apparent that the real world of legitimate manufacturing is completely unknown and unappreciated by just about everyone outside of it. Terry Gau - chairman of Foxconn - says "he did not believe... Continue reading
Posted Nov 9, 2012 at Evolving Excellence
by BILL WADDELL The economic theory of lean is universal - pretty much the same whether it is applied to the company, or to an individual or to the country. Resources - human resources in terms of hours and natural... Continue reading
Posted Oct 31, 2012 at Evolving Excellence
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by BILL WADDELL My advice to all of the younger readers is to thoroughly enjoy all of your vices while you can. Between job responsibilities, spouses, children, financial demands and the medical community you will find that you will be... Continue reading
Posted Oct 29, 2012 at Evolving Excellence
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by BILL WADDELL I was interviewed yesterday by Industry Week on the ever lively topic of lean thinking versus technology. ... it seems this subject keeps churning so I thought I'd try to clear it up a bit. First, let's... Continue reading
Posted Oct 25, 2012 at Evolving Excellence
by BILL WADDELL Michael McPhee: "Can you make money from philosophy?" Max Dugan: "Oh yeah ... if you have the right one!" Hermann Simon, a German academic, author, consultant and buddy of the late Peter Drucker has something of an... Continue reading
Posted Oct 22, 2012 at Evolving Excellence
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by BILL WADDELL China took American manufacturing through currency manipulation, exploitation of child labor, blatant abuse of its citizen workers and complete disregard for intellectual property laws ... facilitated by Wall Street's ravenous appetite for short term profits and woefully... Continue reading
Posted Oct 18, 2012 at Evolving Excellence
by BILL WADDELL Normally I would agree with someone who observes that criticizing without offering an alternative is just cynicism and not very helpful. Such an observation was implied to my recent post on the absurdity of the unemployment figures:... Continue reading
Posted Oct 17, 2012 at Evolving Excellence
by BILL WADDELL When the local school district is in financial trouble the routine message to the community is that the tax levy must be passed or they will be forced to discontinue the football team, the marching band, cancel... Continue reading
Posted Oct 9, 2012 at Evolving Excellence