George Stalk Jr.
7 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement May 2, 2023 by George Stalk Jr. · across every show →
On the record as a speaker too: George Stalk Jr.'s record, appearances and statements → this page counts the times other people say the name.
Everything said about George Stalk Jr., oldest first
May 2, 2023 neutral
Stalk: Batch processing accounts for three distinct thirds of operational waste
“Batches are the result of what people consider to be an economic order quantity, and of that 95% of the time it's wasted, about a third of it goes to being in a batch. About a third of it goes into being in a batch that hasn't been worked on yet. It's been sch…”
May 2, 2023 neutral
Stalk: Most Companies Rely on Averages and Do Not Know True Costs
“Well, the one that always works is know your cost better than your competitors know their cost. Because most people don't know their cost. They think they do. They know the cost that gets between the revenues and the profit line. And those are all averages, an…”
May 2, 2023 negative
May 2, 2023 neutral
1980s Japanese Factory Edge Derived From Low Overhead, Not Culture
“And what was really interesting that this isn't in the early 19 eighties, people attributed the Japanese productivity advantage to their culture and to the worker management relations. And if I look what we did, I looked into the numbers, all the productivity …”
May 2, 2023 positive
Stalk: Delivering 3x Faster Yields 3x Growth and Double the Profitability
“One that works very well is be faster than your competitors at providing your customers what they want, when they want it, and where they want it. And if a company can do that two or three times faster than its competitors, it'll usually grow two to three time…”
May 2, 2023 negative
Stalk: Unmanaged operations add value only 0.5% to 5% of total time
“Most organizations, if you, if we look at the time required to produce an output, either an insurance policy or a manufactured product, if they're not looking at time as a management variable, value is only being added between a half a percent and five percent…”