Lean Portland Happy Hour: July 2022

Lean Portland Happy Hour: July 2022

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Free

Date and time

Location

Online event

Join continuous improvement practitioners for a virtual happy hour every First Tuesday, topics and activities vary each month

About this event

We are Lean and Six Sigma professionals who want to extend our expertise into our community. We believe in sharing our methods, resources, and project results with the community so that we may all learn from our successes and mistakes.

Whether you have Lean experience, are just wondering what Lean is, want to hang out with fellow systems thinkers, or are ready to get started on a community project, we can't wait to meet you! 

Activity: Calculating Financial Benefits from Improvement Activities

Facilitator: Brion Hurley

Please bring: non-confidential project examples

After making improvements to your processes, a best practice is to calculate the benefits to the organization. Calculating financial benefits is an important part of building momentum for improvement with upper management. However, this can be confusing for those not familiar with financial data, and is not done very often in organizations.

Brion Hurley will discuss commonly used methods for capturing financial impacts of process improvement work.

The 5 categories are:

• Income Statement

• Cash Flow

• Growth

• Avoidance

• Soft Savings

We will define each category, go through a few examples, and go through a practice exercise as a group.

TYPICAL AGENDA:

  • Facilitated discussion time,(5:10-5:45)
  • Followed by networking and informal discussion

ABOUT US:

Lean Portland is a socially-driven community built organization for both new and experienced continuous improvement professionals. We've been gathering for happy hour since 2012 and every First Tuesday since 2015!

As of April 2020, Happy Hour is happening online. Until we can safely meet again in person, we hope to see you here soon!

Links for online events are accessible after completing your free registration.

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