Where do you have to go to generate millions in savings?

Posted Wednesday, June 18, 2008

How would you go about saving millions in costs in your business? Would you hire a consultant experienced in 6 Sigma or Lean? Who would be the best at helping you? At Stanford Hospital it turned out to be the employees.

Stanford's employees have so far helped the hospital save over $14 million in expenses. Cost reductions occurred in everything from trash collection to de-linting towels for surgery.

So how do you get so many people focused on cost reduction? It has to mean something to the staff. They need to clearly understand the vision and direction of the business. One difference is they were empowered to make a difference because management didn't have all the answers and the results have been tremendous.

Who are you willing to empower and how would it make a difference in your organization?

Labels: , , , , , , , ,




Have you got the right stuff?


Visit our Home Page.


The Self- Fulfilling Prophecy.



Learn how keeping your KASHbox in balance will keep your organization in the black.



Please Take Our Online Polls
The Results About Your Own
Skills May Surprise You!

>> Coaching Test

>> Corporate Development Test