Continuous Improvement and Value-Based Management

Continuous Improvement and Value-Based Management

Participants work In a simulated business in competing teams to identify the focus of improvement that will have the greatest impact on improving profitability.

Target Audience:

The Continuous Improvement programme is aimed at supervisors and managers who are responsible for ensuring that systems and processes are optimised to add on-going improved value to the organisation.

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This program can be run over one whole day or two half days.

Outcomes

Outcomes Include: • The need for and methods of Continuous Improvement
• Identifying and analysing opportunities for profit-enhancing Continuous Improvement opportunities
Part 1
A simulation in which teams:
• Set targets
• Make management decisions
• Measure outcomes
• Analyse and reflect on outcomes
• Identify opportunities for improvement
Part 2
Building on the knowledge gained in the simulation participants investigate:
• Principles of Value-Based management
• Drivers and constraints for value maximisation
• Con and uncontrollable variables
• Opportunities to identify opportunities to maximise the controllable drivers and minimise constraints in their own work

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