Cornerstone’s exclusive Fundamental Intrinsic Theorem Manufacturing (FIT MFG) is a physics-based organizational optimization platform that ensures maximization of cash flow and organizational profit. FIT MFG examines the interaction between 10 intrinsic orders, focusing on optimizing the entire system rather than attempting to optimize individual subsystems within the whole. When followed, FIT MFG always gravitates an organization toward its optimal operating range.
Every business faces constant challenges, from changing global economic situations to supply-chain issues and evolving customer preferences. Both internal and external circumstances can strain a business to the brink of failure. In order to come back from the edge and get back on stable, solid ground again, many organizations look to turnaround consulting.
As President of Cornerstone Consulting Organization, I interact with and support hundreds of leaders each year from staff managers to CEOs. Many of our new client entry points are helping them dig out of a bad situation where time has run out. As part of the recovery process, we immediately introduce them to our Fundamental Intrinsic Theorem Manufacturing (FIT MFG) platform. During that introduction, we ask them the most important question: What is the most important resource in your business? “Our people” is almost always their answer.
Bringing in a professional outside business consultant can provide you with an invaluable third-party perspective into your organization and new ideas for growth strategies, cost cutting, time-saving tools, and more. Consultants, however, are not all equal. How do you know whether the consultant you hire is actually helping your business and providing you with value commensurate with their compensation? This is where ROI-based consulting agreements can be priceless.
Six Sigma can be a revolutionary tool to improve your organization’s operational efficiency. Its basic approach is to reframe common business activities and overall systems as statistical problems. Applying Six Sigma principles, a consultant defines specific steps for each standard process, collects performance data about each step, analyzes that data, and figures out the combination of variable values that creates the best result with the least variation or inefficiency.
In most modern industries, productivity and efficiency depend on effective communication and collaboration. Teams and individuals may have to work together across broad geographic areas, managing and overcoming distance, communication tools, time zones, and language barriers. One tool that can be useful to improve the collaborative process is value stream mapping.
If you run a business, you may have heard about using “Six Sigma” to improve the efficiency and quality of your operations. What is Six Sigma, and how can it help your organization?
Many companies have horror stories or leftover relics of consultant engagements that have been a boring or even laughable waste of time. Other organizations repeatedly write off consultant fees in their yearly losses for unusable, unheeded advice. In addition to offering little value (often for large sums of money), these experiences leave an enduringly bad impression that hiring a consultant is a risky proposition. Is a consultant worth the risk?
Hiring a consultant is a great way to get an objective, third-party perspective on your business. A consultant can help you solve problems, optimize production, and break through barriers to growth. What makes a great consultant? Look for these nine qualities.
If you’ve decided it’s time to bring in a consultant, you’re taking an important step! Hiring a consultant can help you optimize performance, solve problems, improve efficiency, add expertise, and make other essential improvements to your operations. Here’s how to make the most of your consultant relationship and get the results you expect for your investment.