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Scenarios Planning

By Drive, Inc. on Tuesday 17 April 2018.

The 14th of March in 2008 was a very bad day for Jim Cramer. Jim Cramer had a spectacular career in finance and is now the host of Mad Money, a popular TV program. Just three days prior, Jim had instructed his listeners to hold on to stock in Bear Stearns; however, on this day the shares dropped by 92%. Jim is a smart guy, so how did this happen? Despite his intelligence, Jim attempted to predict the future, which is impossible. While this prediction proved disastrous for Jim, the problem with predicting the future is much more widespread. Many businesses attempt to do this very thing in their strategic planning processes by trying to set up a strategy while assuming there is only one potential future and ignoring the probability of many alternate futures. The only thing we know for sure is that the future will be different from the present in some capacity. In light of the impossibility to predict the actual future, we must, nevertheless, plan for multiple future scenarios. How can a business improve their ability to better predict the future? We propose using Scenarios Planning as this method.

Socratic Coaching

By Drive, Inc. on Monday 19 March 2018.

Socratic Coaching is a method of teaching that values asking questions over simply giving answers. Socratic Coaching is a skill that takes much practice before it becomes “natural”, and also naturally walks people through scientific thinking.

Lean Operating System Maturity Assessment Part 2

By Drive, Inc. on Monday 19 February 2018.

The assessment process must be easily administered while being thorough. Initially, we recommend that the assessments are led by outside Operational Excellence experts to ensure non-bias, provide teaching, and provide best-practice examples. Over time, it can be a process of self-assessment by the Leadership Team of each business unit or plant facilitated by the internal Lean Operating System coordinator where possible to level the ratings (to remove bias). Periodically, we recommend that an outside resource still be utilized to facilitate new learning and avoid group-think / rut thinking.

Lean Operating System Maturity Assessment Part 1

By Drive, Inc. on Wednesday 17 January 2018.

An Operating System is a strategy that deploys a variety of resources, methods, and tools to improve the organization's systems, leadership, and culture. The operating system provides the company with a sustainable continuous improvement capability for all its core and support business processes that result in improved competitive advantage and provide its customers with better quality and service.

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