Canada Cost Post-Saving Math

Freising, Munich area, Germany

(On the photo, a post(wo)man delivering mail to the residents of Freising, Munich area)

Door-to-door mail delivery to urban customers has been phased out in Canada in the last five years.

This was a major cost-saving initiative of Canada Post. As a performance improvement specialist, I doubt its value for Canadians.  Without a doubt, there is a better way to improve efficiency, instead of going into this cost cutting death spiral, as Tom Peters put it in his book “The Excellence Dividend.”

Since 2013, the only rationale offered by the Crown Corporation was that two-thirds of Canadians don’t have mail delivered right to their doors already, so the other five million should not complain. And a local public servant obligingly added at the time that this is even better for the elderly citizens – to have a daily walk to the communal “super-mailbox”…

But I digress. Let’s just do the math. Continue reading “Canada Cost Post-Saving Math”

Shared Values of Self-Made Millionaires

Human Values

There’s an interesting article posted recently on LinkedIn Pulse. Jeff Haden put this in his post headline, making it almost instantly viral:

“8 of 10 Self-Made Millionaires Were Not ‘A’ Students. Instead, They Share 1 Trait.”

The trait, of course, is their willingness to learn.

While I agree with Jeff Hadden, that is not news. Similar observations were made before.

According to Tom Corley’s study of “Rich Habits”:

“85% of millionaires read two or more books a month that help them grow.”

Indeed, Elon Musk, one of today’s most admirable business leaders is known for having taught himself – literally! – rocket science by reading books. Moreover, according to his brother, Elon used to read two books per day when he was a kid. Continue reading “Shared Values of Self-Made Millionaires”

Why Most Lean Six Sigma Projects Fail?

why lean projects fail

 

Stats indicate that the success rate for Lean initiatives is hardly over 5%. That means that up to 95% of continuous improvement programs fail to rescue the operation and have no sustainable effect.

The data and my analysis do not claim to be exhaustive but I believe the TRUE ANSWER to the question is provided indirectly by the Lean Six Sigma group on LinkedIn.

Here’s what I discovered today. Continue reading “Why Most Lean Six Sigma Projects Fail?”