Improvements and business performance system management

By Dr. Alin Posteucă

The fundamental task of any team of top managers is to develop a clear idea about the direction in which the company should go in the coming years. To do this, they need to clearly understand who they are and what their position is in the company and use this understanding to identify what are the main issues and how they should be resolved it.

However, I often encounter two situations in companies:

    • the team of top managers does not have a clear visibility on the business directions for the next 3-5 years;
    • the ideas, the targets and the means of reaching the targets are not fully understood at the level of each workplace – up to the level of each employee.

Before promoting annual/multi-annual management reforms and various improvement activities, an effective and intelligible communication plan of strategic objectives is needed for all employees in an integrated manner and promoting continuous top-down and bottom-up creativity. So, it is difficult to identify the non-conforming behavior of the employees that contribute to the failure to meet the goals and targets.

What do you think, are managers fully aware of the real needs of improvement management practices and business performance system to fulfill their tasks?

Source: Alin Posteucă on LinkedIn

Dr. Alin Posteucă is a consultant in productivity and profitability, CEO of Exegens® and the author of Manufacturing Cost Policy Deployment (MCPD) and Speed-Based Target Profit (SBTP) concepts. His major research areas include manufacturing policy deployment, manufacturing cost improvement and visible profitability of operational excellence by improving productivity. His recent research includes the impact of Industry 4.0 on planning and developing synchronous profitable operations and on information systems of cost and budget in order to substantially improve the operational unit costs.

He has been actively involved in various industrial consulting and training projects for more than 20 years, delivering training/ workshop programs in Productivity, Innovation, Business Transformation and Leadership for over 5,000 participants.

He has a Ph.D. in Industrial Engineering and a Ph.D. in Managerial Accounting. He has an MBA Degree and a BA Degree in Accounting and Computer Science and he is certified Public Accountant in Romania. He has published in various research journals and presented papers at numerous conferences and congresses regarding Productivity, Profitability and Industrial Engineering.

Dr. Alin Posteucă is the author of Manufacturing Cost Policy Deployment (MCPD) and Speed-Based Target Profit (SBTP) concepts, published in four books at Productivity Press – Routledge/ CRC, New York (USA).