About this Presentation
This session provides insights from the practical experience of Viable Vision projects that demonstrate the basic principles where the Viable Vision is grounded in a win:win:win that delivers the decisive competitive edge. Lessons learned relate to the make to order reliability and mixed make to order and make to availability environments in addition to the pay per click environment. The questions of What, Why, How, and Who to test launch had to be answered. The test launch is required to validate the assumptions about the significant need of the clients, their reaction to the offer and moving from the paradigm of reduced prices. The presentation should be treated like a pilot; things will go wrong and one must learn from the pilot how to improve the presentation. Based on the presentation one must do the proper cause-and-effect analysis to gain new insights. The definition of competitive lead time and how to assess the overall benefit of shorter lead times are given.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
The biggest concern for companies is ensuring they understand how to move to a holistic implementation that capitalizes on the decisive competitive edge built from operational excellence.
The test launch is a critical part of the process, aimed at validating the significant need of the clients and breaking the old price paradigm.
Competitive lead times are beneficial for both the client and the supplier, allowing proper planning of the supplier's production and ensuring availability of raw materials for the client.
Instructor(s)
Javier Arevalo
Ms Alka Wadhwa
Alka Wadhwa is an experienced consultant and process improvement expert with over 24 years of expertise in the Theory of Constraints (TOC), Lean Six Sigma, and organizational performance optimization. She has successfully led projects in healthcare, financial services, and manufacturing, driving significant improvements such as a 67% boost in hospital operations and a 140% increase in outpatient visits.
Previously, Alka Wadhwa spent 17+ years at GE Global Research Center, where she led initiatives to enhance various GE businesses through advanced technologies, process redesign, and system optimization. Founder of Better Solutions Consulting, LLC, she specializes in using TOC, Six Sigma, and data analytics to streamline operations and build high-performance teams.
Her work has earned her multiple accolades, including the Empire State Award of Excellence in healthcare.
Dr Gary Wadhwa
Dr. Gary Wadhwa is a Board Certified Oral & Maxillofacial Surgeon with extensive experience in the field. He completed his Oral & Maxillofacial Surgery training at Montefiore Hospital, Albert Einstein College of Medicine in Bronx, NY, and has served as an Attending at prestigious institutions like St. Peters Hospitals, Ellis Hospital, and Beth Israel Hospital in NY. With a career spanning over two decades, he was the former CEO and President of a group specialty practice in NY from 1994 to 2015. Dr. Wadhwa holds an MBA from UT at Knoxville, TN, and has undergone additional training in System Dynamics at MIT, Health System Management at Harvard Business School, and Entrepreneurship and healthcare innovations at Columbia Business School. Committed to expanding access to Oral & Maxillofacial Surgery care, he is currently engaged in a meaningful project to provide healthcare services to underserved populations in inner city and rural areas through non-profit Community Health Centers.