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Lean Profit Hunt SM Accelerated Transformation

Lean Profit Hunt SM Accelerated Transformation. Why Change?. Could your business benefit from… Increased operational efficiency and productivity Satisfied and loyal customers Accelerated top line growth While also… Reducing working capital requirements Creating speed in the organization

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Lean Profit Hunt SM Accelerated Transformation

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  1. Lean Profit HuntSMAccelerated Transformation

  2. Why Change? Could your business benefit from… • Increased operational efficiency and productivity • Satisfied and loyal customers • Accelerated top line growth While also… • Reducing working capital requirements • Creating speed in the organization • Removing wasteful activities • Developing an improvement culture

  3. Goals of a Profit Hunt Assessment • Analyze business performance and develop a business case for improvement from the “current state” to the “future state” Helps to show potential Creates a plan to address barriers Builds sense of urgency among leaders Provides assistance to move rapidly Defines roadmap to achieve results

  4. Assessment Approach

  5. Typical Assessment Outputs A. Interviews & Observations B. Process Overview • Customer Needs • Leadership Goals • Stakeholder Needs • Interviews • Characteristics • Value Stream Characterization • Analytical Assessment • “See” the Waste • Confirm Feedback

  6. Typical Assessment Outputs C. Opportunities D. Value • Assess Priorities • Implementation Ability • Enabling Projects • Inspiring Future Success • Create a Business Case • Quantitative & Qualitative Value • Cost—Benefit • Ensuring Support

  7. Typical Assessment Outputs E. Planning Implementation F. Leading the Implementation Team • Path Forward • Initial Problem Statement • Process Owner Commitment • Team Members • Organizing for Success • Project Management • Communication • Collaboration

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