E28: Don't combine financial data together, separate into these 3 buckets

When making improvements to a process, cost savings and avoidance is a common outcome that is estimated and reported. A common error is to combine the data together into one overall number, but they should be separated into three distinct buckets of money: Income Statement, Cash Flow and Growth.  Links Article: Client saved $800,000 in 3 Days E2: What is the difference between hard and soft financial savings? BIZ-PI.com LeanSixSigmaDefinition.com Creative Safety Supply

Om Podcasten

Brion Hurley from Business Performance Improvement shares his takes and thoughts on a variety of topics related to process improvement (specifically Lean and Six Sigma methods), Bursts are rapid improvement activities, so this sounded like a good word to use for these short audio clips. We'll try to keep them under 10 minutes each. Have a question? Use the anchor app to leave us a voice message, and we might pick your question for our next episode!