What is the goal of any company?
"The goal of any company is to make money."
--The Goal by
Eliyahu M. Goldratt. North River Press, 1984.
There are three ways that a company makes money:
- Improve Throughput - sell product as fast as possible - shorten the time it takes to get cash in hand
- Reduce Inventory - reduce holding costs, remain flexible and able to adapt to market changes quickly
- Reduce Operational Expense - continuous improvement for overall process excellence - get the waste out to make room for true value
My philosophy
I believe that companies are unique, and cannot rely on cookie cutter
solutions. However, there are fundamental principles that all
companies share. Specifically, all companies want to make money and
deliver value to both external and internal customers and
stakeholders. There are many ways to help companies do this, and I
have a large toolkit of techniques and data analysis expertise to help
companies attain their goal. At the end of the day, I will find a way
to weave common tools and techniques into a unique solution for
individual companies.
A word about healthcare
There are many similarities between business and healthcare, as are
there many differences. I believe strongly that process improvement
will work in healthcare to create value. This means reducing waste,
eliminating defects, and improving variability to deliver improved
care to the patient. I am very passionate about health and healthcare,
and welcome any opportunity to be of service to this industry.