Creating Value Through Team Management

  Manufacturing   Teams   Knowledge Shelf  

Program management practices can be applied outside the traditional areas to create value for an organization. These practices become increasingly important, as companies need to improve productive capacity by utilizing larger teams. Organizations can achieve continuous improvement by leveraging good program management practices, such as aligning to the strategy, putting together the right team, creating an incentive for acceleration, continuing the momentum through cadence and synchronization, and making the right business trade-offs. The collaboration and communication of larger teams are critical, and by deploying some of these concepts, a company can increase its chance of success. Companies that have program management assets should consider redeploying them when business conditions change to help make sound business trade-offs while cutting costs and improving return on assets.

Being productive in today’s business environment means continuously doing more with less. Most world-class organizations have already pruned the departmental low-hanging fruit that added no value to customer satisfaction or the bottom line. The next generation of savings and productivity lies in the collaboration of larger, more diverse teams that previously may have never had a reason to share ideas and implement new process improvements.

I recently had the opportunity to lead a …

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