In today’s fast-evolving service industry, organizations are embracing multiple ISO standards—ranging from ISO 9001 for quality management to ISO 14001 for environmental oversight, ISO 45001 for ...

Change management has become a universally applied term in organizational development, but with 70 percent of transformations failing, according to McKinsey and Co., it may be time to look beyond ...

Raymond Lean Management (RLM) procedures and techniques are based on the world-renowned Toyota Production System (TPS), which focuses on waste reduction through visualization, standardized work and ...

In earlier columns, I have commented on the need to transform our regional economy from the "old" economy to the "new" economy and on the need to invest in retention and growth of businesses already ...

This interview examines the principles of continuous improvement and how they can be applied to enhance QMS. What principle does DSI prioritize for continuous improvement for quality management? How ...

The Equipment Cycle outlines the four core activities essential to every construction equipment-intensive business: acquire and dispose; operate it; repair and maintain it; and continuous improvement.

Five years ago the editors of IndustryWeek invited a stock analyst to come in and tell us how his company identifies value when evaluating manufacturing companies. He was a very nice man, and we sent ...

Transformation. This word is one I’ve been saying a lot lately. At Mercy St. Vincent, where I served as president and CEO until October, a transformation — in the form of creating a culture of ...

Though industrial automation professionals are not lacking in three-letter acronyms for the technologies they use, it’s time to make way for a new one—DPM, which stands for digital performance ...

Managerial accounting provides companies with quantitative and qualitative information on operational and financial performance. While financial accounting focuses on the external use of this ...