Improving the efficacy of the lean index through the quantification of qualitative lean metrics

Multiple lean metrics representing performance for various aspects of lean can be consolidated into one holistic measure for lean, called the lean index, of which there are two types. In this article it was established that the qualitative based lean index are subjective while the quantitative types lack scope. Subsequently, an appraisal is done on techniques for quantifying qualitative lean metrics so that the lean index is a hybrid of both, increasing the confidence in the information derived using the lean index. This ensures every detail of lean within a system is quantified, allowing daily tracking of lean. The techniques are demonstrated in a print packaging manufacturing case

Measuring Shared Value: How to Unlock Value by Linking Social and Business Results

Measuring shared value allows companies to maximize opportunities for innovation, growth, and social impact at scale. This article explains the specific purpose of shared value measurement and offers a step-by-step process and pragmatic approaches to measurement with examples from leading companies

New Trends regarding the Operational Risks in Financial Sector

Risks, especially "operational risks" are part of corporate life, they are the essence of financial institutions' activities. Operational risks are complex and often interlinked and have to be managed properly. Today, there is more pressure to avoid operational risks while continuing to improve corporate performance in the new environment. The operational risk management of the future has to be seen in the wider context of globalization and Internet-related technologies. The two major future drivers - globalization and Internet-related technologies - will challenge the firms from financial sector to take on additional and partly new operational risk.operational risk, financial sector, models, trends

Community Development Evaluation Storymap and Legend

Community based organizations, funders, and intermediary organizations working in the community development field have a shared interest in building stronger organizations and stronger communities. Through evaluation these organizations can learn how their programs and activities contribute to the achievement of these goals, and how to improve their effectiveness and the well-being of their communities. Yet, evaluation is rarely seen as part of a non-judgemental organizational learning process. Instead, the term "evaluation" has often generated anxiety and confusion. The Community Development Storymap project is a response to those concerns.Illustrations found in this document were produced by Grove Consultants

Variation Modeling of Lean Manufacturing Performance Using Fuzzy Logic Based Quantitative Lean Index

The lean index is the sum of weighted scores of performance variables that describe the lean manufacturing characteristics of a system. Various quantitative lean index models have been advanced for assessing lean manufacturing performance. These models are represented by deterministic variables and do not consider variation in manufacturing systems. In this article variation is modeled in a quantitative fuzzy logic based lean index and compared with traditional deterministic modeling. By simulating the lean index model for a manufacturing case it is found that the latter tend to under or overestimate performance and the former provides a more robust lean assessment

Evaluation Framework for Water Quality Trading Programs in the Chesapeake Bay Watershed

Water quality trading programs are being proposed and implemented across the US in a variety of forms and with differing objectives. The programs being proposed and implemented in the Chesapeake Bay region are no exception. Against this background the Chesapeake Bay Program's Scientific and Technical Advisory Committee and the Mid-Atlantic Water Program requested a general framework to inform and guide the evaluation of the performance trading programs. This resulting report was developed by a workgroup comprised of ten individuals with extensive experience in the study, design, and evaluation of trading programs. While the impetus for this report was to improve evaluation of trading programs in the Chesapeake Bay region, the evaluation framework is broad enough to apply to trading programs in general

Evidence-Informed Case Rates: A New Health Care Payment Model

Suggests a new payment model whereby providers are paid a single, risk-adjusted payment across inpatient and outpatient settings to care for a patient diagnosed with a specific condition

Social Impact Assessment: A Discussion Among Grantmakers

This is a best practice that provides the following guidelines a) conceptual: funders and grantees should align goals, assessment tools, and best practices b) operational: grantees and investors should acknowledge evaluation expenses as part of the cost of doing business, invest in measurement systems and tools, and develop examples of proven impact c) structural: each field and subfield should explore a range of possible outcome goals and best practices for measurement d) practical: a commitment to outcomes assessment can be a fundamental part of the management structure and organizational culture among funders and nonprofits

Department of Education, Iowa Vocational Rehabilitation Services Performance Plan, FY 2004

Agency Performance Plan, Department of Education, Iowa Vocational Rehabilitation Service

Engineering technology for networks

Space Network (SN) modeling and evaluation are presented. The following tasks are included: Network Modeling (developing measures and metrics for SN, modeling of the Network Control Center (NCC), using knowledge acquired from the NCC to model the SNC, and modeling the SN); and Space Network Resource scheduling