Bimodal Distribution

A bimodal distribution is a distribution that has two separate and distinct peaks in it. A distribution of a data set describes the relative frequency of the occurrence of outcomes within each defined set of ranges. The term “bimodal” comes from the prefix “bi” meaning two. “Modal” comes from the Read more…

Think Long Term (Principle)

One of the problems that we face in business is impatience. We want quick results when we start a new initiative. We want new processes to pay off immediately. As a result, leaders often choose less effective options that provide some return on investment quickly rather than more effective ones that take a while to develop into greater fruition. In large part, this is a function of the pressures of the stock market.  Quarterly earnings reports force leaders to think in three month chunks of time.

Value Stream Mapping / VSM Icon Set

Value Stream Mapping is an extremely powerful tool that gives an organization a unified understanding on how processes link together to form a ‘value stream’ that turns raw materials, components, and information into something that a customer wants.

While most Lean practitioners will instruct you to create the map with pencil and paper on the shop floor, there is a benefit to transferring that information onto a digital format that can be easily annotated, updated, and shared.