Creating Operational Excellence with Incentive Pay
This presentation introduces an Operational Excellence initiative comprised of four powerful systems with a focus on operating performance measurements and incentive pay. The presentation dives deep into an Incentive Pay System and a two-tier Operating Performance Measurement System. A Performance Communication System and Performance Improvement Team System that drives continuous improvement and employee engagement will also be discussed. The four powerful systems presented create an unmatched Operational Excellence initiative resulting in rapid, significant and sustained performance improvements. The importance of integrating the 4 systems into one initiative will be emphasized. Case studies and real world examples are used to explain specific concepts that allow for easy implementation.
Vince Bovino - Bovino Consulting Group
How to Translate the Daily Challenge to the Production Floor and Tie Pay to Achieving It
Companies understand their big picture goals. But they struggle with how to specify what has to be done on daily basis to achieve these goals, in the different areas of their company. This session will cover advanced techniques companies are using to align objectives, hold people accountable, and get everyone pulling in the same direction. Attendees will learn how to: (1) align daily activities with company goals, (2) provide daily, weekly, monthly performance feedback throughout the company, (3) tie self-interest to results, (4) clarify and measure performance needed to achieve bonuses.
Charles DeBettignies, PhD - Gainsharing Inc.