Maximize Resources, Do More With Less
by Dr. Wally Hopp

As companies are forced to do more with less, maximizing resources and continuous improvement is vital. Lean manufacturing has become a necessary component to driving long-term business success. Discover how applying lean manufacturing principles to your business can help yield positive results. [Learn more]

Managing Your Biggest Asset: Talent
Thoughts from Dr. Michael McGrath

Your people are your biggest asset, and effective talent management is critical in this time of doing more with less. Integrating talent management into the fabric of your corporate culture positions your company to both thrive and survive. [Learn more]

In this issue:

• Maximize Resources
• Managing Your Biggest Asset
• Change at Work
• News
• Upcoming Courses

How is your company eliminating waste? Take a quick survey. Results will be reported next month.

[Start Survey]

Question: "What creative ideas are you leveraging to keep your team motivated in these tough times?"

Answer: We heard three themes at 33% each. Some of you are tapping strategic alliances outside of your core competency area to inspire and energize your staff. Others are leveraging your most talented staff with new assignments and new challenges. Finally, others are openly communicating organizational challenges and inviting ideas and solutions from your team.

"If you are enamored with technology and have no strategy, it will be useless to you."

-- Izak Duenyas, John Psarouthakis Professor of Manufacturing Management

Wally Hopp
Ross School of Business

Ball and (Supply) Chain

Professor Wally Hopp explains how a recession can wreak havoc on just-in-time supply chains, and outlines steps companies can take to restore order.

Quicktime Audio (5:15)
Posted: 6/12/2009

Have you experienced positive results from implementation of U-M Ross Executive Education tools and concepts? We want to feature you in upcoming issues of this e-newsletter. Share your real-world experiences, highlight results and even brag a little. We'll select one story per newsletter for our "Change at Work" segment. E-mail us your story today at gbugala@umich.edu.

Register Now!
Dr. Kim Cameron will be presenting a complimentary webinar—"Five Keys to Helping Your Organization Flourish in Trying Times"—on Wednesday, August 5th at 1 pm EDT.
Information and Registration here.

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The Michigan Executive Program
September 13-October 9

Management of Managers
September 14-18

Factory Physics: The Science of Lean Manufacturing
September 28-30

Global Supply Chain Management
September 30-October 2