Tuesday, July 13, 2004

Time Magazine on Market Based forecasting

Tapping into the wisdom of your people


In a lean setting, we want to continually gain insight from the people touching the product, the customers, the machines, the processes.  


Well.... take this concept an entire factor of a thousand forward.  Time Magazine recently published a very mind-boggling article on stock market-like ways to find this information.  Quickly and efficiently.  With minimal waste.  Pretty well blew my mind. 


Is this applicable in our company settings?  Could we get better information, faster, using such a mechanism?  I'd welcome your comments.


I hope this is helpful...and expands your thinking today. 





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