Most companies complain that the costs associated for implementing Lean Six Sigma is too high and outweigh the benefits. This article clearly explains the rational for implementation. I will list...
Everyone is concerned about the rising college education costs. There are many assumptions of the reasons why the costs have increased above inflation and middle income wage increase. This article lists the top earning private university presidents from 2012. Each one has an interesting story. The main point is that there are only two public university president making over $1 million. A 36 to 2 ratio is stunning difference between private and public universities. When searching for talent at the C-Suite, it appears there is really only one really player in this market, private universities.
This does have an impact on the overall student tuition inflation over the past 20 years. When you include the posh infrastructure improvements, bloated overheads, increased payrolls, and excessive benefits, it doesn’t take much thought to “do the math” on this issue. The next step on this process is to apply the 7 wastes from the Toyota Production System to reduce non-value added process that do not benefit the students.
Gary Kapanowski – Lean Six Sigma Master Black Belt – Excelsior
The following blog is the opinion of Gary Kapanowski and Garykapanowski.com. It is the sole intent to broadcast this opinion from Gary Kapanowski and Garykapanowski.com exclusively and not to reflect on any other institutions or organizations associated with Gary Kapanowski or Garykapanowski.com.