This Focused Performance Weblog is a "business management blog" containing links and commentary related primarily to organizational effectiveness with a "Theory of Constraints" perspective. TOC is noted for its applications in Project Management and Multi-Project Management (Critical Chain) and Operations Management (Drum-Buffer-Rope), as well as in Marketing, Strategic Planning and Change Management (TOC Thinking Processes). If you are on an archive page, current postings are found here.
Monday, June 12, 2006
Saving vs Spending -- According to the title of a Fast Company Now piece, "GE's Immelt May Have 'ecomagination,' but He Needs Project Managers for Jumbo-Sized Ideas. Quoting Immelt's HBR interview...
"If there's a $100 million investment project, we might, out of the 310,000 people in the company, have 30 who really know how to spend that amount of money effectively. That's probably not enough. It has presented an organizational weakness."
GE's vaunted Six Sigma reputation might have helped them develop skills for saving costs but, it seems, not for spending to grow the top line.
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