Three Months Later: The First Good Ideas Meeting
The next three months saw considerable personal and professional change. Emily and I had refinanced the mortgage and eliminated all credit card interest on the highest interest cards. We were generating a surplus in disposable income of $500 per month and projected paying off the remaining cards shortly. We were already projecting the payoff schedule for car loans as the monthly disposable income number continued to increase.
The company had its first Good Ideas Meeting (GIM) three months after the first Cost Review. We had been through three cycles of Cost Reviews: each with a steady increase in the number of continuous improvement initiatives. The reviews themselves took progressively ...
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