Simpler Consulting Announces Results from the First Simpler Client Return on Investment Index

Clients save $445 million with 2011 lean management initiatives

PITTSBURGH--(BUSINESS WIRE)--Simpler Consulting, L.P., a leading global management consulting firm, today announced the launch of the Simpler Client ROI Index, a new measurement tool to quantify the business-impacting results Simpler clients are achieving through lean management practices. Simpler clients worldwide experienced a return on investment (ROI) of $445 million in 2011.

“Reducing costs, while achieving breakthrough outcomes in patient care and quality, are the hallmarks of value in this new era of healthcare reform. We are certain that North Carolina’s innovative, high-performance model can be adopted to improve rural health organizations across the United States.”

“In a difficult economy, business leaders look for ways to reduce costs, increase efficiency and stay financially viable. However, traditional cost cutting strategies of slashing overhead and operational costs are not enough, and will eventually leave companies at a disadvantage once market conditions improve,” said Marc Hafer, CEO of Simpler Consulting. “The Simpler Business System^® is a powerful systematic approach that trains organizations to rethink business strategies, operation models and build a culture that values quality and efficiency. The ROI clients achieve far surpasses the cost to implement Lean, and in most cases, provides an extraordinary boost to the bottom line, more than 10 times their investment.”

The Simpler Client ROI Index was designed to track global performance improvements, savings and revenue growth for clients in the commercial, public and healthcare sectors. Performance was robust worldwide, with a ROI of more than $294.3 million in North America and $150.7 million in Europe and Asia combined. Healthcare has been an emerging growth sector for Simpler Consulting since 2003, as more hospitals and healthcare systems consider business systems, such as lean healthcare to support the adoption of new healthcare reform initiatives.

“Since implementing the Simpler Business System across eleven hospitals in the North Carolina Rural Hospital Lean Culture Transformation Collaborative, the hospitals have saved more than $10 million,” said Jeff Spade, senior vice president, North Carolina Hospital Association, and executive director, NC Center for Rural Health Innovation and Performance. “Reducing costs, while achieving breakthrough outcomes in patient care and quality, are the hallmarks of value in this new era of healthcare reform. We are certain that North Carolina’s innovative, high-performance model can be adopted to improve rural health organizations across the United States.”

Simpler Consulting will issue the results of the Simpler Client ROI Index on a quarterly basis.

About Simpler Consulting, L.P.

Simpler Consulting, L.P. is a leading global management consulting firm that helps companies improve processes to stimulate business-impacting results. Unlike traditional management consulting firms that specialize in developing strategy but fall short on execution, Simpler plays an active role helping clients to create an organizational culture that continuously seeks out opportunities to make improvements. With its proprietary Simpler Business System^®, Simpler has delivered the fastest and most enduring lean transformations at hundreds of organizations around the world. To learn more, visit http://www.simpler.com.

© 2011 Simpler Consulting, L.P.