Strategy Vs Action…the chicken AND the egg!

Marshall Institute's Blog

Current Articles | RSS Feed RSS Feed

Strategy Vs Action…the chicken AND the egg!

  
  
  
  

I recently participated in a forum discussion on LinkedIn, hosted by R Dillibabu, asking the question “Is practical knowledge more important than theoretical knowledge in factory management?”

As I considered my response, I remembered a quote from Dr. W. Edwards Deming, stating “it is …application that discloses inadequacy of a theory, and need for revision…without theory, there is nothing to revise.”

I began to consider that the answer, like many things in life, is having proper balance between theory and practical experience. Without practice, a theory is never improved and without theory, a practice has no structure, framework or understanding. 

When developing a reliability improvement strategy, it is important to balance the practical experience of company personnel with known theories on change management. The organization needs to understand that the theory or strategy behind the reliability improvement plan is as important as practical examples of success.  If either is missing, failure is predictable.

Finally, it’s important to revise theory/strategy based on deployment at a specific site so that the theory may be improved based on the lessons of practical experience.


Greg Folts

Greg Folts
President


Find us on Facebook!  Facebook
Find us on Twitter  Twitter
Find us on LinkedIn  LinkedIn
Find us on YouTube  YouTube
Join Us! Subscribe to our e-Newsletter

Comments

Currently, there are no comments. Be the first to post one!
Post Comment
Name
 *
Email
 *
Website (optional)
Comment
 *

Allowed tags: <a> link, <b> bold, <i> italics

Subscribe by Email

Your email:

About Marshall Institute

Marshall Institute is an asset management consulting and training company dedicated to helping companies improve the maintenance contribution to their organizational performance. For over 35 years, Marshall Institute has provided world-class consulting and training services, led by experienced, knowledgeable consultants and training professionals producing tangible, measurable results for our clients.



Social Media

     






Browse by Tag