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Financial Services Articles

Obama's $30 Billion Pledge: What's In It for You? – February 4, 2010
By Geoff Williams, AOL Small Business
President Barack Obama is making news for proposing that $30 billion of the money that has been repaid from the Troubled Asset Relief Program (TARP) be now diverted to community banks. Guidon CEO Ron Wince talks about how adding $30 billion will not help open the flow as most community banks are limited by the amount they can loan due to regulations. Business owners likely won't be pursuing more debt until the economy dictates the need to grow.

CFO Focus: Going ‘Lean’ – Randolph Brooks FCU Leverages Process Improvement To Enhance Members’ Experience – November 12, 2009
By Lisa Hochgraf, CUES
Guidon helped Randolph Brooks Federal Credit Union enhance their members' experience while utilizing Lean and Six Sigma. They were looking at core service processes, eliminating waste, and shortening the timeline of service events so the activity and focus is all about what the customer values.

Randolph-Brooks FCU Beefs Up Efficiency and Cuts Costs With Teamwork – July 22, 2008
By Lindsey Siegriest, Credit Union Times
Guidon held Kaizen events to get employees thinking about key principles and looking at processes from the viewpoint of a member.

Lessons for Banks To Learn From Lean Principles During Financial Crisis – October 9, 2008
By Maria Bruno-Britz, Bank Systems & Technology
Guidon’s Larry Mead explains why more banks are adopting Lean principles to survive and thrive in the financial turmoil.

What Financial Services Can Learn From Lean – August 2008
By Larry Mead, US Banker
Guidon’s own Larry Mead explains why the same principles that have helped manufacturers succeed can – and should – be applied to the financial industry.

Why The Supply Chain Is So Long in Prepaid Cards – May 6, 2008
By William Launder, American Banker
The supply chain for prepaid cards is long and inefficient – but how can it change? Guidon’s Larry Mead weighs in on how to improve.

 

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New Video

FOX Business: The Winners and the losers of healthcare reform with Guidon CEO & President, Ron Wince

Fox Video - Healthcare Reform

Guidon CEO, Ron Wince questions the cost savings of the health-care reform bills with FoxBusiness.com.

Click here to watch video

New Case Study

Process Improvement in Accounts Receivable

For this specialty pharmacy, the payment complexity between Physician diagnosis, acceptable payor requirements, benefits eligibility, patient financial responsibility and governmental or regulatory requirements either delayed or exasperated bad debt. Unable to control growing bad debt losses, senior leadership targeted a specific goal to reduce bad debt through the identification of bad debt root causes.

Click here to read case study

New Article

Improving Lab Efficiency: It all boils down to process, process, process

"It's not a good time. We'll get to that later." How many times have you heard or said something similar when discussing critical laboratory process improvements? "Later" often turns into never. You may be too overloaded to deploy new initiatives, but waiting only exacerbates the challenges. Processing delays and errors due to overcapacity have surely led to preventable patient deaths--a tragic yet completely unnecessary situation. It takes just days to effectively install efficiency processes utilizing LeanSigma lab tactics and less than a week to positively impact patient outcomes while reducing laboratory stress.

Click here to read article