Improving Business Costs Through Lean Enterprise and Innovation

With a significant number of businesses affected by declining revenues due to COVID-19, sustaining profitability demands a focus on lowering the cost of business operations. Lean Enterprise and innovation are two powerful interrelated strategies that can boost cost competitiveness. Time management, inventory management outsourcing, technology integration, process improvement, lean systems, organizational rightsizing, market intelligence are all tools that can be deployed within a cost management strategy.

The goal of the workshop is to empower businesses to sustain profitability through cost management.

Program Content

• Drivers of Business Costs
• Business Innovation
• Technology Integration and cost reduction
• Lean Enterprise:
• • What is lean enterprise? Lean enterprise as strategy
  • Added value and added waste (7 wastes)
  • Core disciplines of lean enterprise
  • The phases of lean transformation
  • Lean implementation tools
  • Developing and implementing a lean strategy
•    Assessing your firm's competitiveness

·         Strengthening your firm's value proposition

·         Identifying new opportunities for growth

Your Workshop Facilitator is no stranger to the St. Lucia Chamber and has successful delivered several programs to the business community over the last 10 years. Dr. Harvi Millar, St. Lucian-born, is the President of Management Technologies. With over 30 years of experience, he is a leading consultant and training facilitator in strategic planning, business performance improvement, leadership skills development, productivity improvement, total quality management, and customer service.

https://stluciachamber.wildapricot.org/event-4123553