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There Really Is A Foolproof Recipe for High Performance

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Monday, September 18, 2006

It's only human to long for simple and easy solutions to complex or difficult problems. At least once in our lives, most of us have wished for a diet pill that actually works - one that would enable us to lose 20 pounds in four weeks without either eating less or exercising more.

The desire for simple solutions can also be found in the business world. In their never-ending quest to improve performance, business managers have tried a great variety of management programs and techniques, including total quality management, Six Sigma, reengineering, customer relationship management, and lean manufacturing. Each of these performance improvement techniques has proven successful in at least some companies. But all too often, they fail to produce meaningful bottom-line improvements even when they achieve their immediate objectives.

Performance improvement programs can fail to deliver bottom-line results for several reasons. First of all, many of the best-known improvement programs focus on a relatively narrow aspect of a company's total operations. TQM and Six Sigma, for example, address product or service quality and process efficiency, but they say nothing about whether those products, services, and processes deliver real value to customers. To achieve meaningful results, a company will usually be required to improve performance along several trajectories simultaneously. More importantly, performance improvement programs will often produce disappointing results because they are not closely aligned with a company's overall business strategy. Without such alignment, an improvement program is unlikely to produce significant bottom-line results.


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About David Dodd

G. David Dodd is available for speaking engagements and consulting projects. To get more information contact us here.

G. David Dodd is a principal of Point Balance, LLC ( www.pointbalance.com ), an executive education and management consulting firm. Point Balance provides cutting-edge management education programs designed for printing and publishing executives. The firm also provides management consulting services involving business strategy development, strategic marketing, cost management (including activity-based costing), business process management, and balanced scorecard performance management systems. Dodd is a co-author of Activity-Based Costing for Printers: An Implementation Guide, the authoritative resource relating to the use of activity-based costing by printing and publishing firms. Dodd also co-authored Making Value Added Services Work, a comprehensive reference tool for printing company managers who are just beginning to consider diversification or who have already added new services and are not receiving the benefits they expected.

David Dodd can be reached at [email protected],931-707-5105.

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