E108: The Lean Journey at Rockwell Collins with Clay Jones - Part 5
Episode description
This is part 5 of the 2006 speech given by Rockwell Collins CEO, Clay Jones. I worked at Rockwell Collins from 1999-2017, and was heavily involved in the Lean Electronics program.
In this clip, you'll hear him discuss the 5 lessons learned from the first 8 years of the Lean journey at Rockwell Collins (1998 to 2006).
- Senior Leadership alignment
- Managing change and resistance
- Course correction when needed
- Implement Value Stream Mapping first
- Ask for help
"If leadership isn't driving your Lean transformation, don't even start. It's like teaching a pig to talk. You're wasting your time, and you're annoying the pig" - Clay Jones
He shares some impressive results that were partly due to Lean implementation. Stock price increase of 260%, return on investment capital from 21% to 38%, sales almost doubled from $1.8B to $3.5B, net income over 80%, both business units over 18% operating margin, along with the traditional improvements to on-time delivery, customer acceptance (quality) and sales per employee.
You can watch the entire video at http://techtv.mit.edu/videos/16101-leading-rockwell-collins-lean-transformation
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