| 1. Challenge |
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BioReliance's highly technical
staff lacked the administrative and logistical skills
needed to improve the company's bottom line. |
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| 2. Findings |
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Incubation equipment
was approximately 60-percent utilized. |
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Inefficient reporting and
quality-assurance processes were slowing cycle times. |
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| 3. Goals |
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Introduce sound business
principles into the company's scientific process. |
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Increase revenue through
better utilization of existing capacity. |
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Improve overall cost-effectiveness
using a combination of measures. |
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| 4. Recommendations |
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Introduce specialized "key
indicators," enabling accurate measurement of productivity,
cycle time, error rate, deviation rate, percent on-time,
and backlog. |
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Organize group workshops
and one-on-one coaching sessions to introduce business
concepts, and management techniques. |
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| 5. Results |
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Improved cycle times and
productivity nearly doubled the initial savings goal of
$2 million. |
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Measurement and reporting
improvements clarified priorities for workers, making
employees a part of the solution. |
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Employee retention rate has
improved, thanks to managerial and process improvements. |