Podcasts about operational performance

One of the largest investor-owned utilities in the country is preparing for an 80% increase in electricity demand by 2045. In this episode of Grid Talk, host Marty Rosenberg interviews Steve Powell who is the president and CEO of Southern California Edison.With a customer base of 15 million people across a 50,000 square mile service area, Southern California Edison is changing the way it prepares for the increased demand.“Our engineers that are frankly used to dealing with relatively small changes on the grid and small amounts of load growth and really focus on just making sure that the infrastructure stays reliable are now having to think very differently about how we plan for customer load growth and load growth is showing up really quickly,” said Powell.Meeting the demand for carbon free electricity means more generation from wind and solar and other sources like nuclear and geothermal. It also means more transmission to get electricity to customers.“You look at the California Independent System Operator's 20-year outlook and they're talking about 50 plus billion dollars of new transmission that needs to get built. We're going to need to build transmission miles at four times the pace that we've seen historically.”Powell admits 20 years is short timeframe, and the industry needs to move faster. “About 20% of the energy that customers use is electricity. By the time you get to 2045, I would expect 50 to 60% of it to be electricity based. So, customers are going to be two to three times more dependent on electricity than they are today. That means our level of service has to be better. Reliability is going to have to be better.”Steven Powell is president and chief executive officer of Southern California Edison. Powell has held a variety of positions of progressing responsibility since joining the company in 2000, including executive vice president, Operations and senior vice president of Strategy, Planning, and Operational Performance.  He has a bachelor's degree in chemical engineering from the University of California, Los Angeles and received his MBA from UCLA Anderson School of Management. He has also held leadership positions in resource planning and strategy, gas and power procurement, and SCE's plug-in electric vehicle readiness efforts.

Interview with Jeff Quartermaine, Chairman & CEO of Perseus Mining Ltd.Our previous interview: https://www.cruxinvestor.com/posts/perseus-mining-asxpru-sustainable-mining-needs-strong-community-ties-5740Recording date: 30th July 2024Perseus Mining, an ASX-listed gold producer focused on Africa, has emerged as a compelling investment opportunity in the precious metals sector. The company's recent financial results, robust growth strategy, and prudent risk management approach position it as an attractive option for investors seeking exposure to gold with a balance of stability and growth potential.In the fiscal year 2024, Perseus demonstrated strong operational performance, producing 509,977 ounces of gold at an all-in-sustaining-cost (AISC) of $1,053 per ounce. This resulted in a healthy margin of $961 per ounce, generating $490 million in notional cash flow for the year. The company's fourth quarter was particularly impressive; 120,929 ounces of gold were produced for Q4 FY2024 at a weighted average All-in-Site Cost (AISC) of US$1,173 per ounce.Perseus's financial position is a key strength, with $597 million in cash and bullion on its balance sheet and zero debt. This robust financial foundation gives the company significant flexibility to fund growth initiatives while maintaining its commitment to shareholder returns.The company's growth strategy centres on acquiring pre-development assets and leveraging in-house engineering expertise to bring these projects into production. This approach allows Perseus to capture value throughout the development process, potentially yielding higher returns than acquiring already-producing assets.Risk management is a cornerstone of Perseus's strategy. The company maintains a geographically diversified portfolio of assets across multiple African jurisdictions, which helps mitigate country-specific risks. Additionally, Perseus employs a systematic hedging program, currently covering about 24% of its projected production at an average price of $2,200 per ounce. This hedging strategy provides downside protection while allowing for upside participation in gold price movements.Perseus has several growth projects in its pipeline, including the Nyanzaga project in Tanzania, which is expected to require an investment of $450-500 million. The company's strong balance sheet and disciplined financial management approach position it well to fund these growth initiatives without compromising financial stability.Perseus offers an attractive combination of current production and future growth potential for investors. The company's dividend policy aims to provide a minimum yield of 1% per annum, with the potential for additional returns when cash flow permits. This balanced approach to capital allocation - investing in growth while providing current returns to shareholders - may appeal to investors seeking capital appreciation and income from their gold mining investments.However, potential investors should know the risks associated with mining in Africa, including geopolitical uncertainties and operational challenges. Additionally, as with all gold producers, Perseus is exposed to gold price volatility, which can significantly impact profitability.In conclusion, Perseus Mining presents a compelling investment opportunity for those seeking exposure to gold through a well-managed, financially sound producer with a clear growth strategy. The company's focus on operational excellence, disciplined growth, and proactive risk management positions it well to navigate the challenges of the gold mining industry while capitalising on opportunities in the African gold sector. As always, investors should conduct thorough due diligence and consider how an investment in Perseus aligns with their overall investment strategy and risk tolerance.View Perseus Mining's company profile: https://www.cruxinvestor.com/companies/perseus-miningSign up for Crux Investor: https://cruxinvestor.com

John Worth, Nareit executive vice president, research and investor outreach, was a guest on the latest episode of the REIT Report.Worth discussed some of the key features of Nareit's newly-published 2024 Mid-Year Report.Worth noted that despite REITs underperforming the broader stock market this year, they remain able to navigate the current period of higher interest rates.“REITs' operational performance has been very solid. We've continued to see high occupancy rates in the major property types and we've seen positive NOI and FFO growth. We're also seeing the continuation of really disciplined balance sheets,” Worth said.2024 REIT Mid-Year Report: https://www.reit.com/news/blog/market-commentary/2024-midyear-reit-key-themes

This episode is a thought-provoking conversation with Mike Provance, focusing on the challenges and strategies of managing business growth and operational performance, especially pertinent for mid-life business owners. We talk about the complexities that growth stage companies face, emphasizing the need for stability and predictability which often gets overlooked in the early stages of business development. Mike highlights the significance of adaptive planning, echoing Mike Tyson's famous words about the unpredictability of plans.We also dig into the nuances of operational debt versus surplus, with a particular focus on the importance of building absorptive capacity in a business. We explore how neglecting long-term goals for short-term gains can lead to significant challenges in business growth. Among other topics included in this rich conversation, my guest advocates for the synergy of combining the wisdom of seasoned leaders with the energy of younger ones, stressing the tragedy of losing valuable experience through mandatory retirement. Mike Provance is a dynamic leader in technology commercialization and growth-stage operations, serving as managing partner at Alpine Growth Partners. He specializes in assisting small company founders and lower middle-market firm CEOs in overcoming challenges in operations, innovation, and technology governance to achieve their business performance objectives. His expertise spans strategy, operations management, innovation, data governance, and technology commercialization. Mike's influence extends across various industries, including financial services, manufacturing, healthcare, and even within the U.S. Department of Defense, contributing to over $200 million in value creation and multiple successful exits for investors.Holding a Ph.D. in Innovation Strategy and Management from George Washington University, an MBA from Penn State, and a BS in Management Science from MIT, Mike combines impressive academic credentials with a fervent passion for community improvement through entrepreneurship. He has mentored over a thousand individuals in their entrepreneurial journeys and plays a crucial role in the governance of several private companies. Residing in Chapel Hill, NC with his wife Anne, Mike continues to leave a significant mark on the technology innovation landscape.You can connect with Mike here:Linkedin: https://www.linkedin.com/in/provance/Website: https://alpinegrowthpartners.com/To learn more, visit:www.servingstrong.comListen to more episodes on Mission Matters:www.missionmatters.com/author/scott-couchenourAll Business. No Boundaries.Welcome to All Business. No Boundaries, a collection of supply chain stories by DHL...Listen on: Apple Podcasts Spotify

How the DeltaV Edge Environment enables greater use of operational data scattered across various systems and software applications to help you improve overall performance in safety, efficiency, reliability, and sustainability.

Thibaud Arbes Dupuy is Director of Operational Performance at Deezer, the French music streaming unicorn with 9 figures in revenue and +600 employees. Two years ago, in an urge to become more profitable, the CEO asked him to took over the Data Analytics team to make it business-focused. A challenge he took up successfully through a multi-dimensional strategy.We address :

There's a fascinating world out there for self-storage in a changing market. In this episode, Jeremiah Boucher, the founder and CEO of Patriot Holdings, shares his insights on why self-storage will continue to be in demand, despite potential economic downturns. He emphasizes the importance of operational excellence, adapting to market conditions, and careful property management. He also offers a comprehensive guide for LPs (Limited Partners) to understand investments and assess opportunities in the real estate market. About Jeremiah BoucherJeremiah Boucher is the founder and CEO of Patriot Holdings and manages a $350 million portfolio of alternative commercial real estate assets with a focus on self-storage, manufactured housing, and industrial. He is also the author of Finding Your Edge: How to Win at the Game of Commercial Real Estate Investing.Here are some power takeaways from today's conversation:[03:24] Jeremiah's real estate journey[09:13] His transition from mobile home parks to self-storage[11:29] Self-storage investment in a changing market[18:01] A comprehensive guide for LPs [20:31] What value add means in self-storage[26:39] Jeremiah's criteria for choosing where to invest[34:57] Evaluating industrial real estate investments[38:30] Tips for vetting sponsorsEpisode Highlights:[11:29] Self-Storage Investment in a Changing Market​​Jeremiah believes self-storage will continue to be in demand due to demographic trends and the need for space, despite potential economic downturns. However, investors need to be cautious about overpaying for self-storage assets. Jeremiah emphasizes the importance of operational excellence and adapting to changing market conditions. He also warns of market saturation and the need for careful property management. Additionally, while occupancy may grow, revenue might not as customers become more selective when choosing storage units.[18:44]  Key Considerations for LPs: Understanding Investments and Assessing OpportunitiesBy considering these factors, LPs can gain a deeper understanding of their investments and make informed decisions that align with their goals. Communication and Quarterly Reports: LPs should prioritize open communication, including regular feedback and comprehensive quarterly reports that highlight key metrics. Operational Performance and Addressing Issues: LPs need to analyze how assets are performing and whether the company is actively addressing any challenges. Lack of distribution, for example, requires understanding the reasons behind it and the steps being taken to rectify the situation. Importance of Communication: Effective communication is critical for LPs to assess a team's ability to navigate difficult times. A history of transparent communication demonstrates the team's experience in overcoming challenges and ensures alignment with investors. Team Evaluation: LPs should not rely solely on one person's presentation skills but also seek to engage with other team members. A single-person operation increases vulnerability to personal circumstances that can impact investments. Value-Add Opportunities: LPs interested in value-add investments should focus on mismanaged assets. Typically, these assets require different capex. Additionally, prioritizing quality locations with good visibility and markets that have sufficient demand but limited supply is crucial. Barriers to Entry: Evaluating barriers to entry in the storage market helps determine the long-term viability of an investment. A market with limited supply per capita and obstacles for new entrants provides greater potential for success. [20:31] What Value Add Means in Self-StorageValue add refers to existing, mismanaged self-storage assets that typically have deferred capital expenditures. For a value add opportunity, the asset needs to have good quality "bones" like a decent existing storage business already in place that is conducive to tenants getting in and out easily. The highest value-add for his company is if an acquisition can get additional land on top of the existing storage, as this allows for expansion of the number of units once occupancy is high. Value-add involves making property improvements like lighting, fencing, paving, cameras, and signage to create a better product and command higher rents. But marketing is also important to fill the new units.This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.Resources Mentioned:www.patriotholdings.com  Jeremy's book: Finding Your Edge: How to Win at the Game of Commercial Real Estate Investing Advertising Partners:Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve SuhTribevestRise48Aspen FundsVyzer

In this episode of MGMA's Ask An Advisor podcast, we feature Liz Gurley, Sr. Manager, Sales Enablement and Data Strategy at MGMA, talking about achieving operational excellence through KPIs and benchmarks. MGMA Resources discussed: 2023 MGMA DataDive: https://www.mgma.com/datadive?utm_source=digital&utm_medium=search&utm_campaign=dat-dive-may-2023-datadivebrand&gad=1&gclid=CjwKCAjwyY6pBhA9EiwAMzmfwVyc1KR9Hs6O24DZZcMgOaLSb7-fDRu6U0VxIKsIyHc2XYZfYIwoRhoCjjkQAvD_BwE More Resources: MGMA Leaders Conference We're also sponsored by the MGMA Leaders Conference, which will be help in Nashville, TN, Oct 22-25. For more information to to MGMA.com/events. Additional Leaders Resources: MGMA Leaders Conference registration: mgma.com/conferences/leaders/register Leaders Conference Schedule: mgma.com/conferences/leaders/schedule Conference Overview: mgma.com/conferences/leaders/overview SPONSOR: PDS (Practice Data Solutions): Unlock the full potential of your healthcare data with Practical Data Solutions! Benchmarks take on new meaning when blended with Key Performance Indicators like Expense, Productivity, Scheduling and Patient satisfaction data. Optimize your reporting to make better decisions with PDS analytics. Discover how at https://pds-online.com/ WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at podcasts@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

In this episode of the Multifamily Women® Podcast, host Carrie Antrim interviews Amber Tran, Product Designer at Vizibly. This episode is part of our "Meet the Sponsors" Series where we get to know the brands creating the most forward-thinking innovations in software and technology to offer solutions for multifamily property management and ownership to become more efficient and successful.Amber shares her insights on user-centered design and how it can be applied to the world of multifamily property management. She discusses her role at Vizibly and the importance of designing experiences that add value to the end user. The success of a design or product in property management is measured by its ability to provide a user experience that caters to the needs of property managers. Amber emphasizes the importance of a simplified user interface that is still complex enough for power users, aiming to strike a balance where technology is useful and enhances property managers' efficiency.Technology is not meant to replace jobs but rather to support and enhance human efficiency. Amber addresses the fear that technology will replace jobs, clarifying that it is more of a transition. The purpose of technology in this context is to provide property managers and on-site teams with more time to focus on building relationships.While technology can automate tasks and streamline processes, it cannot replace the human touch and understanding necessary in property management. The goal of technology is to give property managers more time and enable them to be faster and more efficient. The success of a design or product in this context is measured by its ability to improve outcomes, processes, and user experience. Timestamps:[00:01:43] Being a product designer in the multifamily industry. [00:06:01] Designing for different user groups. [00:07:18] Fail fast and learn fast. [00:12:08] User-friendly multifamily budgeting with Vizibly. [00:15:48] Software design and budgeting. [00:19:36] Decision intelligence and user feedback with Vizibly. [00:23:16] Budgeting stages and user feedback. [00:26:10] Multifamily Women® Leadership Series. Resources:Amber Tran on LinkedIn: https://www.linkedin.com/in/ambertran7/Vizibly: https://www.vizibly.io/ Connect with Multifamily Women®:Carrie Antrim on LinkedIn: https://www.linkedin.com/in/carrieantrim/Multifamily Women® Summit: https://multifamilywomen.com/Be a Guest on the Podcast or at the Summit: https://apps.multifamilywomen.com/speakingrequestMultifamily Women® Leadership Series: https://apps.multifamilywomen.com/joinMultifamily Innovation® Council: https://multifamilyinnovation.com/council/Multifamily Innovation® Summit: https://multifamilyinnovation.com/Best Places to Work Multifamily®: https://bestplacestoworkmultifamily.com/

In today's episode of MHI Business Intelligence Podcast, we're going to chat with Toyota Material Handling, NA CEO Brett Wood and Mitsubishi Electric Automation CEO Scott Summerville about how operational performance shapes their company philosophies.

Join Mike and Dave as they discuss how YOU can help your employees and keep their performance high and engaged.

The HSE has begun notifying the 133,000 people whose information was illegally accessed during the criminal cyber-attack on the health service last year. Ciara spoke to Joe Ryan National Director of Operational Performance and Integration with the HSE.

The HSE has begun notifying the 133,000 people whose information was illegally accessed during the criminal cyber-attack on the health service last year. Ciara spoke to Joe Ryan National Director of Operational Performance and Integration with the HSE.

Shanon is the Director of Business Excellence and Operational Performance in the Office of the Deputy City Manager of Public Works for the City of Vaughan in Ontario. We chat about her knack for innovation and her path to the position she is currently in. We also cover how AI is being used for current times and how Ai can be implemented in the future. Give it a listen and remember to thank your local Public Works Professionals.

Gold mining company AngloGold Ashanti is firmly focused on operation performance and the recovery of cost competitiveness as it implements its full asset potential review programme, on which it will report at three-monthly intervals. This was made clear by AngloGold Ashanti CEO Alberto Calderon on Friday a media briefing covered by Mining Weekly after the Johannesburg Stock Exchange company declared an interim dividend of $121-million on 3% higher year-on-year production and a strong cash-flow improvement. On whether the company would be engaging in merger-and-acquisition activity and adding to the consolidation of the gold-mining industry, Calderon could not have been clearer when he said: “Nothing adds more value for us in the medium term than improving operational performance and recovering cost competitiveness versus our peers ­– and that's what we're focused on, and that's what we will continue to focus on.” The company is targeting step-change in operational performance from its full asset potential programme, which began with the Sunrise Dam gold mine in Australia, where it has identified 33 improvement initiatives. The biggest find at Sunrise is that the mineral resource can be increased by a million ounces this year through a push back of the Cleo open pit. At this stage, an increase in net present value of around A$300-million is envisaged. “Going from underground to open pit in a way that makes economic sense requires some quite interesting and delicate analytics, and it's just because we had the whole team on the ground and had the analytics of our consultant that this idea came through,” Calderon explained. The other ideas, which are far smaller in capital expenditure, are about increasing overall mine productivity from 2.5million tonnes of development productivity a year to three-million tonnes because of a myriad of changes in underground maintenance, in new fleet management systems and other types of initiatives. Improving metallurgical recovery by 2% was again achieved by using analytics to optimise a set of leaching reagents. Those two steps are expected to decrease cash costs by about A$80/oz. “If you add that on top of the idea of the pushback of the Cleo pit, you're talking of a step change in performance,” Calderon said. AngloGold's full asset potential programme is now focused on Siguiri and in three months quantitative numbers can be expected on the on the Guinean gold mining operation. “It's all about taking these operations to their full potential and it's a well proven methodology that has worked very well in other companies,” said Calderon in response to Mining Weekly. COLOMBIAN ASSETS Based on preliminary results of the optimised feasibility study for the Gramalote gold project in Colombia, a joint operation between B2Gold and AngloGold Ashanti, the partners have determined that the project does not currently meet their investment thresholds for development at this time. On the other hand, in the case of the Quebradona project in Colombia, the company will be seeking a new environmental licence request for Quebradona. This follows the decision of Colombia's environmental agency has re-affirmed its decision to archive the AngloGold's environmental licence application relating to the Quebradona project, a gold/copper project. Calderon explained that Quebradona has the gold equivalent ounces to be a long-life large 600 000 oz asset with Gramalote smaller 100 000 oz shorter life asset. He expressed disappointing that more resource had not been found at Gramalote, which was more suited to a gold-mining company smaller than AngloGold. “We prefer to focus our scarce capital in the bigger assets,” said Calderon, adding that disposal of Gramalote was now one of AngloGold's options. NEW BRAZILIAN TAILINGS REGULATIONS AngloGold's tailings storage facilities in Brazil, where a major tailings tragedy occurred a few years ago, are in the process of being converted to dry-stacking operations to comply with new...

Offerpad's Homebuilder Services team works with more than 40 of the nation's top homebuilders to streamline sales processes and get prospects under contract faster by removing one of the biggest barriers to buying new — the home sale contingency.We're chatting with Brigham Weight-National Director of Strategic Partnerships and Abbie Mirata Senior Director of Training and Operational Performance at Offerpad.To learn more how Offerpad partners with home builders please visit: https://www.offerpad.com/hba/

Join our Client Success Manager, Danielle Buckley, as she discusses operational changes you can implement for your practice revenue cycle workflows that will make the biggest revenue impact.

For 40 years, passive treatment systems (PTS) have been the preferred option at many abandoned mining sites, in part due to presumptions of continuous water quality improvement performance and limited operation and maintenance commitments. However, documentation to support these presumptions is typically lacking. Long-term regular performance evaluation (12 years) was conducted for a large, multi-process unit PTS receiving artesian-flowing lead-zinc mine waters (≈1000 m3/day) at the Tar Creek Superfund site, Tri-State Mining District, USA. Since 2008, the Mayer Ranch PTS has consistently retained >95% of targeted metal mass. The webinar will share how PTS life can be extended if the system is properly designed, sized and preserved with regular, periodic and rehabilitative maintenance and monitoring. The webinar will also highlight how the project was managed by Oklahoma Department of Environmental Quality, and how project administration and building partnerships has been essential to the success of the PTS on the site. To view this archive online or download the slides associated with this seminar, please visit http://www.clu-in.org/conf/tio/mining-watersheds_021622/

For 40 years, passive treatment systems (PTS) have been the preferred option at many abandoned mining sites, in part due to presumptions of continuous water quality improvement performance and limited operation and maintenance commitments. However, documentation to support these presumptions is typically lacking. Long-term regular performance evaluation (12 years) was conducted for a large, multi-process unit PTS receiving artesian-flowing lead-zinc mine waters (≈1000 m3/day) at the Tar Creek Superfund site, Tri-State Mining District, USA. Since 2008, the Mayer Ranch PTS has consistently retained >95% of targeted metal mass. The webinar will share how PTS life can be extended if the system is properly designed, sized and preserved with regular, periodic and rehabilitative maintenance and monitoring. The webinar will also highlight how the project was managed by Oklahoma Department of Environmental Quality, and how project administration and building partnerships has been essential to the success of the PTS on the site. To view this archive online or download the slides associated with this seminar, please visit http://www.clu-in.org/conf/tio/mining-watersheds_021622/

Today's SWAPA number is 68%. That was October's On Time Performance, the lowest modern record for the month of October. By comparison, the historical average for October is 83%. It's clear our operation is struggling.So today on the show, we're going to talk to a couple of regular guests- SRC Chair Scott Plyler and SRC Analyst Meagan Nelan.  They're going to give us SWAPA's assessment of the Columbus Day weekend meltdown, explain some of the root causes of our operational problems, and give us an idea of what our pilots can expect for the rest of the year.

Guest: Babalo Ndenze, EWN Parliamentary Corespondent. See omnystudio.com/listener for privacy information.

The guest of this Episode comes from France. Loïc de Rancourt is the Expert of Performance Operations and the Project Manager for Skylab, at the Parisian division of DSNA. We discussed the following:Origin of Skylab project, need for performance managementChoice of KPIs, who choses, which KPIs, target audience, time horizon (retrospective, vs. tactical, vs. post-ops)Proximity to operations at all stages of the project, including development on siteLessons learned from measured KPIs, COVID effectsLessons learned from developing close to operations vs. centralized development by a central technical departmentATM / performance management in 5 years and in 50 years

A deeper discussion in Operational Performance Strategy --- Support this podcast: https://anchor.fm/practical-reliability/support

Prashant Dhillon, Performance Excellence Manager at Frederick National Lab for Cancer Research, talks about applying performance excellence strategies across diverse fields such as manufacturing, construction and healthcare, how we should be looking at changeover management, and how companies can encourage cross-department communication.

In this week's episode geared towards leaders, founder of See to Solve, MIT senior lecturer and award-winning author Steven Spear shares his rich knowledge of safety success stories to help guide you towards tried and tested approaches to safety. Learn from real life examples, from Toyota's commitment to “coaching the coach” and late Alcoa CEO Paul O'Neill's revolutionary learning culture to the U.S. Navy's smooth sailing operations thanks to a connected task force. What better way to improve your safety leadership and safety culture than to learn from the original trailblazers? About the guest: Steve Spear DBA MS is founder of SaaS firm See to Solve LLC, is a senior lecturer at MIT's Sloan School and is a senior fellow at the Institute for Healthcare Improvement. His work focuses on managing complex enterprises so they can get the maximum benefit of their associates' distributed and collective intelligence. He's author of a number of influential works including The High Velocity Edge, "Decoding the DNA of the Toyota Production System" and "Fixing Healthcare from the Inside Today" both award winners from Harvard Business Review, and articles in Annals of Internal Medicine and USNI Proceedings. He's been advisor to the Director of the Army's Rapid Equipping Force, a Secretary of the Treasury, the Chief of Naval Engineering, and the Chief of Naval Operations. His worked has influenced the creation and deployment of the Alcoa Business System, DTE Energy's operating system, and operating systems at healthcare at Intuit and Intel. He has degrees from Harvard, MIT, and Princeton. More Information: http://www.thehighvelocityedge.com/ See to Solve: https://seetosolve.com/ The High-Velocity Edge: How Market Leaders Leverage Operational Excellence to Beat the Competition by Steve Spear More Episodes: https://thesafetyculture.guru/ Powered By Propulo Consulting: https://propulo.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Larry Wilson Live, Larry discusses integrating human factors into quality, production efficiency, and customer relations with Alex Carnevale, President of Dynacast International and former Chief Performance Officer at Etex.They answer important questions like:Why are lessons learned combined with tremendous success so difficult to spread from Safety and Health to the other departments in the organization? Is it just the “silo effect”? Is it the message or is it the messenger (some safety professionals aren't at the same management level)? Or is it that the managers of the other departments view safety as something they have to contribute to in terms of time and money but gives them nothing directly in return (e.g. the sprocket needs to be guarded but the guard doesn't make it go any faster)? Or perhaps it's because many quality managers follow what Demming said: 85/15 (system vs. person)? But...that was 40 years ago. And many companies have, by now, achieved six sigma reliability within their manufacturing processes.Unfortunately, very few humans have achieved six sigma reliability. And now most people are doing more or are being asked to do more than ever before. So is the leverage (now) with the people or is it with the system? Data from many multinational companies in a broad cross-section of industries confirms that significant improvements or reductions in scrap, unscheduled downtime, first-run defects or customer complaints occurred simultaneously when employees received training on Human Factors. And yet, there has been a reluctance to push that success from safety into the other departments. But how many departments are not affected by human error?Alex Carnevale was the Chief Performance Officer at Etex when they rolled out training on human factors and critical error reduction techniques. He and Larry worked together on a pilot site in Ireland to help refine and test the “Performance” training program. So he is well aware of the successes and the benefits, as well as the struggle to get this through to the other departments within the organization. And now, with a new multi-national company he will face the challenges again... only this time we can all get to hear what he is thinking and how he is planning to do it. 

Andre de Ruyter – CEO, Eskom

Piers is the founder of Quality of Mind a pioneering way to enable exponential human potential. Piers has been a coach for 20 years and works with businesses and private clients. Piers is a Dad to 2 children.In this interview, we discuss:His pioneering journey into coaching and his fascination with peopleFinding his way through divorceWhat feels real vs what is trueResilience in the face of the enormous changeGetting unshackled to live life more richlyWhat 2 year olds have to teach us about experienceManaging the narrative of divorce with childrenHow to be the dad he wanted to be when not living with themNot being attached to what your role of dad isGuilt not being an effective behaviour modifier Kids are always providing feedbackRecalibrating his role as a dad post divorceUsing feelings as a compass for connection and flow: moving beyond justification and judgementWhoosh vs drip-drip recalibration in lifeEmbracing the full 4D experience of life His relationship with his dad and the 5 generation family businessNavigating blended-family lifeYou can find out more about Piers at www.qualityofmind.biz - Realising Exponential Human Potential- www.makingchangework.co.uk - Unlocking Personal & Operational Performance- www.feelhappynow.co.uk- Transformation Coaching for Private Clients- www.separationsimplified.co.uk - Harmonious Separation for couples- www.piersthurston.com - for an overview

Join me and Bruno Roche for a conversation on the benefits of the ‘Economics of Mutuality'. EOM is a disruptive Management- and Business Performance Model that rewrites the current Paradigm and Definition of ‘Profit' & ‘Capital'. In his book ‘Completing Capitalism: Heal Business to Heal the World', he argues that today's Capitalism is Incomplete (co-author Jay Jakub). Bruno says, today People and Planet are still in Service of Business – and Business is in Service of Finance - and eventually, Finance is in Service of ITSELF only. That's an Unstable and Unsustainable System. Studies by Oxford University have shown that 90% of Businesses engaging Sustainability Practices lower their Cost of Capital, 88% of Companies managed to increase their Operational Performance and 80% of listed Firms, showed a stronger Share Price performance. A more complete form of Capitalism, drives better financial performance, because it includes and mobilizes Other forms of Capital, such as Human-Capital, Social-Capital, Natural-Capital ALONGSIDE Financial-Capital. Business Leaders must Understand that their Responsibility needs to go beyond maximizing (monetary) profits for Shareholders. Limiting Profits & Capital to Money, as has been done over the last decades, fails to build strong, resilient and sustainable Companies. This has been shown already in the Financial Crisis of 2008, and is about to be demonstrated again due the economic challenges due to the Covid19 pandemic. Dr. Steven Garber, Principal of the Washington Institute, describes ‘Economics of Mutuality', as neither Charity, nor Corporate Social Responsibility, but rather a Way for Sustained Profitability. He says, EOM aims for making Money in a Way that Remembers the Meaning of the Marketplace. More about Mentorit.TV: http://youtube.com/mentorittv More about Bruno Roche https://eom.org/team-bruno-roche - - Road Trip by Joakim Karud https://soundcloud.com/joakimkarud Music promoted by Audio Library https://youtu.be/vpssnpH_H4c

Escorts rallies 5% on strong operational performance in Q4

Emma's got the lowdown on lean production and 'Just in Time' production methods, including the advantages and disadvantages of both. She also looks at increasing efficiency of both capital intensive businesses and labour intensive businesses. Ideal for preparing you for your A Level Business exam. Click here for the full course, or visit this link: http://bit.ly/2NpTzGc

Emma goes through labour productivity, unit cost and capital utilisation calculations. She also looks at the capacity of a business, including the topics of capacity utilisation and outsourcing. Ideal for preparing you for your A Level Business exam. Click here for the full course, or visit this link: http://bit.ly/2NpTzGc

In this episode, Emma looks at each department of a business (marketing, operations, human resources and finance) and discusses how objectives are set in each department. She also looks at various external and internal factors that might affect objectives and decisions. Ideal for preparing you for your A Level Business exam. Click here for the full course, or visit this link: http://bit.ly/2NpTzGc

AWS IoT Core helps you easily monitor equipment across your industrial facilities to identify waste, such as breakdown of equipment and processes, production inefficiencies, and defects in products; identify equipment inefficiencies; and take action if issues are detected. In this session, we walk you through how to unlock OT data. We also discuss common industrial performance pitfalls and ways to better analyze industrial equipment data and detect complex events, resulting in increased overall equipment effectiveness (OEE).

Paul Juras, PhD, CMA, CPA is the Vander Wolk Professor of Managerial Accounting and Operational Performance at Babson College, is a Certified Management Accountant and holds a Certified Public Accountant license from NY. He has expertise in strategic management accounting and his current research interests focus on contemporary cost management and operational performance issues. Industry 4.0 (I4.0) appeared on the scene a few years ago. Whether called the 4th industrial revolution, smart factories, or some other name, the underlying principles of I4.0 are impacting organizations and their supply chains across the globe. In his first episode as a part of Count Me In, Paul Juras, helps us understand just why we, as accounting and finance professionals, can benefit from learning more about this topic.

How to Monitor and Predict Operational Performance with Digital Analytics. Power plants are capturing operational data in ever-increasing amounts. However, analyzing all the data can be challenging. A number of tools are available that can help. In this episode of The POWER Podcast, two experts from one technology provider explain how big data can be analyzed to identify trends and create actionable information to solve production issues. Their company's solution allows users to troubleshoot problems, and monitor processes and assets, in real-time, so operators can make better decisions, faster. “We want the user to have a really good springboard to be able to jump into analytics,” said Nick Petrosyan, data analytics engineer with TrendMiner. “If you're going to be doing some type of analytics or you're troubleshooting something in your process, it's usually because one of your KPIs [key performance indicators] are off. So, we would like to have those KPIs somewhere very easy for them to access and see, so that they start doing more analytics in their day-to-day job, and troubleshooting and solving more problems.” Petrosyan said there are more than 30 power plants across the U.S. connected to TrendMiner and the tool is paying dividends. As one example, he mentioned a plant that was experiencing a decrease in efficiency over time, but it had been hard for operators to identify the cause due to the wide range of variables involved. “The first thing we did was we flattened the dataset with regards to ambient temperature, using TrendMiner's big data searches,” Petrosyan said. “So, finding periods where ambient temperature was relatively stable and wasn't varying a whole lot—that you're able to do in TrendMiner in a matter of seconds—and then from there you can start to layer these really stable periods in terms of ambient conditions on top of each other and start performing comparison analytics.” Petrosyan said different plant parameters were then added and compared to see what besides efficiency had changed over time. “The first thing we confirmed was that efficiency was actually changing, and then we were able to find something very, very subtle in their process, a malfunction in their air supply system that was causing this decline in efficiency,” he said. “Once we were able to narrow down and pinpoint the actual root cause of the efficiency decline, they were able to repair it really quickly.” Another thing Petrosyan said TrendMiner has done for customers is “fingerprint what a really good startup looks like.” The company does that by taking multiple startups that were performed well, combining them together, and generating a fingerprint of an ideal sequence. Then, when future plant startups are performed, they can be monitored against the model conditions. “They were able to really reduce the amount of bad startups that they had and reduce the frequency that their heat recovery steam system was experiencing thermal stresses,” Petrosyan said. In the end, engineers developed multiple fingerprints based on the length of time the plant had been offline, and operators could choose the appropriate model for any given situation. Thomas Dhollander, CTO and co-founder of TrendMiner, said there are generally four ways in which customers experience and quantify the return on investment for digital solutions. They are in time savings, solving unsolved cases, avoiding abnormal situations, and knowledge capturing and sharing. “The fourth one is maybe harder to quantify but strategically very important,” Dhollander said.

In this episode, Dr. Barnard shares his research insights on HOW to dramatically improve Operational Performance in a short time period… The post 4. IMPOSSIBLE to dramatically improve Operations UNLESS…? appeared first on Dr. Alan Barnard.

The fourth episode in our podcast series – based on our meta-study “From the Stockholder to the Stakeholder” - will investigate sustainability and financial market performance. We now live in a world where sustainability has entered mainstream. That much is evident from the fact that over 72% of S&P500 companies are reporting on sustainability, demonstrating a growing recognition of the strong interest expressed by investors. This report, entitled From the Stockholder to the Stakeholder, aims to give the interested practitioner an overview of the current research on ESG. In this enhanced meta-study we categorize more than 200 different sources. Within it, we find a remarkable correlation between diligent sustainability business practices and economic performance. The first part of the report explores this thesis from a strategic management perspective, with remarkable results: 88% of reviewed sources find that companies with robust sustainability practices demonstrate better operational performance, which ultimately translates into cashflows. The second part of the report builds on this, where 80% of the reviewed studies demonstrate that prudent sustainability practices have a positive influence on investment performance. This report ultimately demonstrates that responsibility and profitability are not incompatible, but in fact wholly complementary. When investors and asset owners replace the question “how much return?” with “how much sustainable return?”, then they have evolved from a stockholder to a stakeholder. Content: 4.1 Meta-Studies on Sustainability 4.2 Operational Performance and the ‘G’ Dimension 4.3 Operational Performance and the ‘E’ Dimension 4.4 Operational Performance and the ‘S’ Dimension

Listen in to this podcast to hear strategic consultancy firm The Hackett Group share the results of their study Working Capital Efficiency: It’s Impact on Profitability and Operational Performance. It reveals a 7 day improvement in the cash conversion cycle adds up to 1% in sustainable EBITDA margin.  For a company with an EBITDA margin of 5%, this is roughly the equivalent to a 20% increase in profit. Organizations should take this into consideration when valuing the return on investment for a working capital optimization program and to gain support of operations leadership.

Dentsu Aegis Network ANZ Leadership Series Podcast shines the spotlight on Diversity & InclusionIn the fourth installment of the Dentsu Aegis Network ANZ Leadership Series Podcast, Andrew Hewett talks to Catherine Krantz – newly-appointed DAN Head of Diversity & Inclusion and Head of Operational Performance at Carat AU.In this episode Andrew and Catherine discuss work life balance, the value of a supportive partner and the importance of ‘date nights’!Sit back, switch on and enjoy; and don’t forget to send your feedback, questions and ideas for future editions to Podcast@dentsuaegis.com

Learn how to manage the diverse finance needs of a high-growth company while still maintaining full visibility and control of planning and reporting at all levels of the organization.

De negatieve effecten van angst op prestatie worden groter naarmate de aandachtseis die de taak stelt, toeneemt. Nicky Nibbeling onderzocht de effecten van angst en fysieke inspanning op drie typen taken die belangrijk zijn in het operationele domein: cognitieve taken (o.a. besluitvorming), perceptueel-motorische taken (o.a. schieten) en taken waarin het uithoudingsvermogen centraal staat (o.a. rennen). Alle drie de typen taken blijken vatbaar te zijn voor (de effecten van) angst. Zo vond Nibbeling grotere negatieve effecten van angst wanneer er meerdere taken tegelijk werden uitgevoerd en ook waren de effecten groter voor leken dan voor experts (leken worden verondersteld meer aandacht te besteden aan een taak dan experts). Wat betreft fysieke inspanning laat Nibbeling zien dat de mate waarin de prestatie op een taak wordt beïnvloed door fysieke inspanning afhangt van de aandachtseisen van de taak. Cognitieve taken vereisen veel aandacht en zijn vatbaarder voor de negatieve effecten van fysieke inspanning dan bijvoorbeeld miktaken. Fysieke inspanning weerhoudt de schietnauwkeurigheid er zelfs van achteruit te gaan onder angst. De effecten van fysieke inspanning op prestatie zijn daarmee niet zo onomwonden als de effecten van angst en vervolgonderzoek is dus nodig. Tot slot laat Nibbeling zien dat simulatiemodellen een waardevol hulpmiddel kunnen zijn voor het simuleren (en voorspellen) van soldaatgedrag onder omstandigheden die moeilijk, of zelfs onmogelijk, in een experimentele setting na te bootsen zijn. Deze simulatiemodellen kunnen een bijdrage leveren aan de veiligheid van soldaten en kunnen de effectiviteit van missies onder stressvolle en fysiek uitputtende omstandigheden helpen vergroten. Datum: 01-04-2014

De negatieve effecten van angst op prestatie worden groter naarmate de aandachtseis die de taak stelt, toeneemt. Nicky Nibbeling onderzocht de effecten van angst en fysieke inspanning op drie typen taken die belangrijk zijn in het operationele domein: cognitieve taken (o.a. besluitvorming), perceptueel-motorische taken (o.a. schieten) en taken waarin het uithoudingsvermogen centraal staat (o.a. rennen). Alle drie de typen taken blijken vatbaar te zijn voor (de effecten van) angst. Zo vond Nibbeling grotere negatieve effecten van angst wanneer er meerdere taken tegelijk werden uitgevoerd en ook waren de effecten groter voor leken dan voor experts (leken worden verondersteld meer aandacht te besteden aan een taak dan experts). Wat betreft fysieke inspanning laat Nibbeling zien dat de mate waarin de prestatie op een taak wordt beïnvloed door fysieke inspanning afhangt van de aandachtseisen van de taak. Cognitieve taken vereisen veel aandacht en zijn vatbaarder voor de negatieve effecten van fysieke inspanning dan bijvoorbeeld miktaken. Fysieke inspanning weerhoudt de schietnauwkeurigheid er zelfs van achteruit te gaan onder angst. De effecten van fysieke inspanning op prestatie zijn daarmee niet zo onomwonden als de effecten van angst en vervolgonderzoek is dus nodig. Tot slot laat Nibbeling zien dat simulatiemodellen een waardevol hulpmiddel kunnen zijn voor het simuleren (en voorspellen) van soldaatgedrag onder omstandigheden die moeilijk, of zelfs onmogelijk, in een experimentele setting na te bootsen zijn. Deze simulatiemodellen kunnen een bijdrage leveren aan de veiligheid van soldaten en kunnen de effectiviteit van missies onder stressvolle en fysiek uitputtende omstandigheden helpen vergroten. Datum: 01-04-2014

Dr Ajith Parlikad will discuss the key challenges in asset management and the role of emerging information technologies in improving the way in which assets are tracked and managed