Lean Management Progress Index Drives Company Growth

Clearly define your approach, and carefully plan the overall layout.

Clearly define your思路, and carefully plan the overall layout. How to Develop Around Lean Management “ "Progress Index" ? Cai Haiyan, Party Secretary and General Manager of the company, pointed out, “ "Progress Index" The selection should closely align with the company’s key priorities and business strategies for 2023, focusing specifically on addressing current pain points and challenges in production and operations—such as per capita efficiency in production units, product turnover rates, on-time delivery performance, first-pass yield, and processing costs. Building on this, functional departments must also support these efforts by enhancing employees’ professional skills and implementing initiatives aimed at reducing costs while boosting overall efficiency.

Strengthen efforts on multiple fronts to improve and refine the management system. Focusing on the central task, combined with “ "Progress Index," Under the firm leadership and guidance of the company, we are focusing on systems thinking and efficiency enhancement, driving innovation, and tapping into our internal potential. By exploring lean management improvements, we continue to provide a solid stepping stone for the "Progress Index." Through thorough research and extensive discussions, we’ve clearly defined the direction of progress. All employees now understand that the "Progress Index" is measured across five key dimensions: benchmarking against peers in the industry, comparing ourselves to our past performance, assessing year-over-year improvements in operational quality, highlighting unique strengths and achievements, and tracking the pace of task completion. Building on this self-assessment and leveraging our current accomplishments, we’ve set specific progress targets. To further strengthen the management of these three-tiered "Progress Indices," the company is developing a comprehensive "Progress Index Management System." This system will outline clear progress objectives, aiming to maximize employees' intrinsic motivation, enhance their professional capabilities, transform work attitudes, and ensure that talent is effectively utilized, efforts are fairly rewarded, outstanding contributions are recognized with incentives, and poor performance leads to appropriate consequences.

Innovation leads the way, boosting dynamic growth and development. Innovation is the primary driving force behind a company's growth. It has also become the vital, ever-flowing source that sustains the enduring vitality of lean management. By integrating the "Progress Index" into lean practices, companies can continuously foster an innovative lean culture, backed by robust systems and mechanisms that actively encourage creativity. Through a rigorous selection process, six company-level Progress Indices were identified, along with one pilot team selected for a dedicated initiative—both submitted to Zhongtung Hi-Tech. Among these, four are related to production: enhancing per capita efficiency in the Powder and Alloy Business Units, strengthening internal product supply capabilities, improving the yield rate of PCB product lines, and boosting the quality standards of tool rod products. Additionally, two indices focus on management improvements: successfully completing vocational skill certification for three new job categories and launching the TPI cost-reduction project, which aims to cut expenses by 8 million yuan. As part of the company’s commitment to the “First-Leader” principle, all selected Progress Indices are personally overseen and driven forward by senior leadership, ensuring meticulous control and high-quality execution throughout the entire process.

"Hard work brings spring early—now is the perfect time for action! With clear goals, a strong framework, and focused efforts, our company’s “Progress Index” system now boasts a well-defined roadmap, timeline, and set of actionable tasks. Steadfastly committed to our objectives, we’ll maintain unwavering resolve, rigorously enforce effective management, and push forward with relentless determination. Armed with unshakable confidence, a sense of urgency to seize every moment, and an indomitable spirit, we’ll unite as one powerful force to drive unparalleled growth and successfully achieve the ambitious Progress Index targets set for 2023!"