Advertisement
Published in:
2018 | OriginalPaper | Chapter
15. Financial and Operational Measurements
Author : Luis Manuel Hernandez, Ph.D.
Published in: Finance Unleashed
Publisher: Springer International Publishing
Activate our intelligent search to find suitable subject content or patents.
Select sections of text to find matching patents with Artificial Intelligence. powered by
Select sections of text to find additional relevant content using AI-assisted search. powered by
Abstract
We reached out to Luis Manuel Hernandez, PhD, to learn how he uses supply chain methodologies such as Lean Manufacturing and Six Sigma to improve the finance function. His Lean Six Sigma approach is critical to our thesis since it focuses the entire organization on the value they create for end-customers and it also leads to clear and decisive priorities. All of the actions we take that are benefiting our customers are value-added. In this case, and as measured through quality standards, Lean and Six Sigma help us stay on course and avoid getting distracted by company politics or bureaucracy, neither of which have direct value to customers. Here Luis explains his Lean Six Sigma model for finance.