step change

(redirected from Stepchange)
Also found in: Dictionary, Encyclopedia, Wikipedia.

step change

a method for creating a change in an organization's ways of working that is neither gradual nor incremental. The described methodology seeks a jump in PRODUCTIVITY, usually using enabling technology and knowledge. The introduction of FLOW LINE production by Ford could be considered a step change from the previous batch method of working, as could the introduction of CAD, CAM into what was previously a craft machine shop. See LEAN MANUFACTURING.
Mentioned in ?
References in periodicals archive ?
Delroy Corinaldi, external affairs director for StepChange Debt Charity, said: "Low income households will always be the most financially vulnerable.
StepChange has a dedicated team for persistent debt enquiries on 0300 303 2517.
StepChange said that a thorough budget is "vital" in being able to manage money effectively, especially for those who are struggling to meet their living costs.
Mike O'Connor, chief executive of StepChange Debt Charity said: "Debt can have a devastating effect on people's lives."
StepChange says people are heading for a cliff-edge moment early next year as the third step in the process happens.
Elsewhere in West Yorkshire, StepChange logged 1,154 calls to the helpline for people in Leeds with 751 from Wakefield, 641 from Bradford and 212 from Halifax.
Stepchange Debt Charity says almost of third of those responsible for paying council tax are in arrears when they seek help with debt - and many are being hounded by bailiffs turning up at their home.
You can talk to your bank, but also the debt charity StepChange (stepchange.org; call: 0800 138 1111), who can provide financial advice, as well as devise a debt management plan to help you pay it off at a more manageable rate.
Last year numbers grew by more than a fifth, with a 23% increase in people contacting the StepChange charity.
PS1,000 'EMERGENCY FUND' FOR EACH HOUSEHOLD NEEDED EVERY household should be encouraged to build up at least PS1,000 as an emergency fund, StepChange Debt Charity has urged.
The StepChange Debt Charity says that many of those seeking its help over the age of 60 are in fuel poverty.
While large numbers of first-time homebuyers report receiving parental help with deposits, new data from StepChange Debt Charity reveals that young adults do not borrow as much from friends and family as older generations.