BURN BABY BURN: LEAN ACCOUNTING NEWS SPOTLIGHTS STILES ASSOCIATES' LEAN LEADERSHIP REPORT
4/1/2009 —
Lean Accounting News featured Stiles Associates in the Tonya Vintas article, Burn Baby Burn. It commented on results found in the Stiles Associates Leadership Survey (conducted in Spring 2009). The study was designed to collect operational insights and near-term outlook at organizations that are pursuing lean and related process-improvement practices within manufacturing and other business sectors, including healthcare, financial services, and insurance.
Excerpt from article:
Everyone is looking for good news these days, and Stiles Associates LLC is delivering some just-in-time. The New London, N.H.-based executive-placement firm recently released a report on the findings of a survey of 500 U.S. operations leaders.
The survey focused on a range of topics, including process-improvement activities and funding plans for the first half of 2009.
Not surprisingly, 71% of respondents ranked “cutting costs” as their top priority, far ahead of “quality improvement” and “improving market flexibility and responsiveness” at 21% each. However, modern business leaders know that these latter initiatives are absolutely necessary in a global economy to achieve their No. 1 priority, as wells as Nos. 2, 3 and 4, respectively: customer value/service improvement (37%); increasing revenue (35%); and maintaining margins (32%).
Read entire Lean Accounting News article here.