Project Execution Management may seem new but it actually builds upon the work of many pioneers. We salute the following pioneers who not only demonstrated that managing execution is the key to "faster, better and cheaper" but also made revolutionary contributions to it:
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Henry Ford: Assembly Line Production
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Taichi Ohno: Lean Manufacturing (Kanban + Kaizen)
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Southwest Airlines: Lean Services (achievements include 20-minute turnaround of planes)
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Wal-Mart: Lean Supply Chain Management
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Dr. Eliyahu M. Goldratt: Buffer Management Systems (Drum-Buffer-Rope, Make-To-Availability and Critical Chain) for high variability operations
If you would like to highlight other pioneers in execution management, please write to us at pioneers@realization.com.
And that's the Execution Management Minute for this week.
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