To save you the trouble of skimming the headlines, here are some developments featuring our member companies:
Member ABB Inc. has installed its first charger for electric vehicles in the U.S. The new Terra 51 DC fast charger reduces the time needed to get an electric vehicle fully stocked with power to as little as 15 minutes from a whopping eight hours.
Capital One secured anOK from zoning officials in its Virginia hometown for a massive expansion of its corporate headquarters. The effort is more than just a make-way for cubicles – it’s described as a live-work blend that’s aimed at transforming the entire town of Tysons Corner.
Former Greif Inc. CEO and Executive Chairman Michael Gasser has been appointed by Ohio Gov. John Kasich to the board of Ohio State University. Gasser, with Delaware-based Greif for more than 30 years, joins a group of major business and community leaders that make up the OSU board.
A friend of mine who’s a cardiothoracic surgeon at a renowned hospital in India emailed me with a problem. Here’s what he wrote: “The people at my hospital are motivated, hardworking and some are brilliant, too. But the processes are abysmal. It takes three days to discharge a patient after I actually decide to; an admission entails eight signatures across four buildings; and my wait list is 24 days to surgery after admission.”
Digging into these problems and helping organizations eliminate “wastes” in their processes to improve efficiency happens to be what I do for work. A subsequent chat reminded me of how process inefficiency is pervasive globally in all occupations. If you’re looking to make lasting change in your organization, we have a one-of-a-kind program at the Fisher College of Business to get you there.
It’s called the Master of Business Operational Excellence, or MBOE, program, and it helps organizations address these inefficiencies and achieve operational excellence. Working with an industrial cohort and a health-care cohort, we are addressing the major challenge of working professionals of not having enough time outside of work to attend school. Some basics:
It’s a one-year degree program accredited by the Association to Advance Collegiate Schools of Business.
Students come on campus only eight times through the year, or every five to six weeks. When they are on campus, they spend four full days that week from Wednesday to Saturday.
Students work on a major capstone project, creating a positive impact on the organization where they work.
Each student’s supervisor is a “sponsor” who commits to support the student throughout the year and help remove any obstacles.
A coach, hand-picked by us and equipped with extensive experience, works with the student throughout the year
In short, it’s possible to get a master’s degree from THE Ohio State University and tackle a major work project all in one year!
The Center for Operational Excellence has been a steadfast sponsor of the Fisher College of Business’ Buckeye Operations Management Society, one of many organizations at the college that we see building great problem-solving leaders of the future. Not that we don’t benefit – student members of BOMS, advised by Dr. Andrea Prud’homme, a COE associate director, are a regular and helpful presence at our events.
We were happy this past week to lend a hand in sponsoring BOMS’ annual career mixer, which gave members of the organization an exclusive few hours with employers at 10 different companies: Whirlpool, Chrysler, Dow Chemical, JPMorgan Chase, Target, Limited Brands, Amazon, Giant Eagle, Cardinal Health and Owens Corning. The last three on that list are COE members and in the last fiscal year recruited a combined 36 supply chain-track students for internships or full-time employment. Check out a slide show of the event here.
This career mixer was a break from the bustling, wall-to-wall frenzy of larger, formal career fairs, giving BOMS students a chance to chat informally about the companies they’re interested in and sell themselves without time ticking away. Prud’homme, also director of Fisher’s Honors Cohort, told me this year’s mixer was a “great success.”
“Our students were thrilled to make the connections with employers that they did and companies enjoyed interacting with students in a more informal setting.”