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Lean Operations
Managing Risk and Uncertainty
Perform a strategic operational audit. Design effective processing systems. Identify metrics to measure improvements. Based on the science of lean operations, this program will give you the tools and framework for operating a world-class organization.
Designed for executives, consultants and other individuals involved with an organization’s operations, this collaborative learning experience will show you how to optimize your organization’s costs, quality, speed and customer service — all of which will make a significant impact on your bottom line. Frameworks for diagnosing, improving and designing effective processing systems will be explored through real-world case studies, group workshops and computer-simulation models.
Under the guidance of an esteemed faculty team, you will analyze the laws that govern operations, explore the Business Process Flows Framework and investigate the critical link between operational drivers and business strategies. These exercises will help you master and implement the practice of lean operations at your organization.
This program is offered in a live virtual format. Our live virtual programs are built to deliver a rich experience that’s comparable to our in-person programs. You will have the opportunity to engage with our faculty and your peers in live discussions and lecture sessions. You will come away with the tools to navigate and succeed in the new business landscape.
Combined Program Option: Operations Management Bundle
Take Supply Chain Management with Lean Operations program as part of the Operations Management Bundle and qualify for a discounted fee. This combination offers you an executive-level overview of the innovative approach to operations management taught in the acclaimed Kellogg MBA program.
Information Session
Learn more about Lean Operations with this hour long information session.
Personal Consultation
Please contact us to schedule an advising session
Who Should Attend
- High-level manufacturing or service managers who shape an organization’s operations
- Managers who want to improve existing operational systems
- Consultants and engineers who must justify the cost of improvement projects
- Production-control specialists
- Federal Government managers with oversight of institutional or organizational processes
Download Past Participant Profile
Key Benefits
- Linking the operational key performance indicators to the financial metrics and the operating system
- Customize policies according to your systems’ natural tendencies
- Analyze process flows to target improvement efforts
- Identify strategies for increasing throughput, shortening flow time, reducing variability and improving quality while managing risk and uncertainty
- Learn operations risk management
Program Content
The Strategic Role of Operations
- Strategic operations framework
- Defining improvement
The Business Process Flows Framework
- Analyzing process flows: basic operational measures
- Linking operational metrics with financial metrics
The Toyota Production System
- Diagnosing common
- Lean tools
- Making improvements and Kaizen
Basic Process Dynamics
- WIP, flow time, throughput relationships
- Little’s Law
- Internal benchmarking
- Analyzing bottlenecks
The Corrupting Influence of Variability and Uncertainty
- Mechanics of congestion
- Batching effects
- Buffering with WIP, capacity and service
- Diagnostics
Data Driven Operations and Risk
- Noise versus signal
- Risk assessment
- Controlling a process
- Risk management strategy
Faculty
Jan A. Van Mieghem - Academic Director; Harold L. Stuart Professor of Managerial Economics; Professor of Operations
Achal Bassamboo - Academic Director; Charles E. Morrison Professor of Decision Sciences; Professor of Operations; Co-Director of MMM Program
What Participants Say
“Eye openers to the potential opportunities to improve the company's bottom line in the services industry. Since I am in the consulting services industry, [this program] gave me ideas that I look forward to trying out in my company.”
Associate Partner - Aon Mergers & Acquisitions, Hewitt Associates LLC
“In a concentrated but deliberate fashion, this [program] provided a thoughtful perspective on understanding variability in a variety of processes - manufacturing, services, non-profit, and how to qualitatively and quantitatively dissect them to provide a framework for continuous evaluation and improvement.”
Medicine, Cleveland Clinic
“Every operations specialist should have the skills from this [program] in their toolbox. The knowledge…is relevant, insightful, and immediately applicable in almost any operational setting.”
Executive Director Operations, Falken Tire
2021 Sessions
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November 29 - December 3, 2021 Start: November 29 at 8:30 AM End: December 3 at 12:00 PM
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$3,950 |
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