Call in the six sigma altruists

GE is not just a big lender. Through its diverse manufacturing and service operations the group has also built up vast experience in business processes. So it was reckoned to make sense to offer consultancy to potential clients for free in the hope that their businesses would grow on the back of that advice and that they would then turn to GE to fund that expansion.

Beginners’ guide to ACFC

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ONE OF KRG Capital’s companies had a problem. “We invested in a manufacturing company in the southeastern United States,” says John Lanier, who is chief quality officer for the $800 million private-equity firm, based in Denver, Colorado. “The challenge was with a process efficiency that wasn’t quite where they wanted it to be. They had scrap, which was recyclable, but there were storage issues. Either we would have to make the machinery more scalable and efficient, or we would have to make a major capital expenditure investment.

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