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Lean Principles Are the Bread and Butter of this Retail Transformation
Entrepreneurs explain how their chain of bakeries and retail stores used lean continuous improvement to profitably expand, engage employees, and meet growing customer demand for healthier products.… More »
It's Not All About the Cash: How to Help Leadership Understand Lean's Financial Benefits
Lean's cost savings might not show up immediately on the income statement -- but that doesn't mean there were no cost savings! Oftentimes the financial benefits of lean are other benefits in disguise, and it's important that we teach our leaders how to recognize them. Jean Cunningham explains.… More »
Want to Respect Your People? Share the Profits!
People and profit are key in any company, not just a lean one. But too often, an organization's drive for profit can cause it to lose sight of Respect for People. How can you maintain the balance? Orry Fiume has 10 ideas to share.… More »
What the Books Don't Tell: Explaining the Financial Benefits of Lean
It's a curious fact that very few books about lean address the topic of finance. Questions about lean's financial benefits are often the first that leaders skeptical about launching a transformation ask, so it's a wonder why this is seldom addressed. Lean accounting pioneer and LEI faculty Jean Cunningham now weighs in on this information gap in lean finance, along with suggestions for how to bridge it at your company.… More »
Ask Art: What sets lean accounting apart from traditional accounting?
"You can’t really become a lean enterprise without making the shift from traditional standard-cost accounting to lean (i.e. plain English) accounting," writes Art Byrne. Read more to learn why a lean accounting department is crucial to a complete organizational transformation.… More »
Why and How to Engage Finance in a Lean Transformation. An Interview with Jean Cunningham
There's often a disconnect between an organization's lean and finance departments, especially when a lean transformation is underway. In her newest piece for the Lean Post, Jean Cunningham explains the root causes, potential dangers, and solutions to this all-too-common problem.… More »
Putting Financial Value on Lean Transformation
What is the ROI on a kaizen event? How does Lean stack up against other revenue generation or cost-saving initiatives? While Jean Cunningham says questions like these reflect an incomplete and superficial grasp of Lean, she's using them as the impetus for helping people understand the financial benefits of their lean efforts.… More »
finance on Lean.org
Lean Beyond Production
Read how Lean Thinkers, using the same lean tools that worked in production, now are making improvements and benefits off the plant floor, in environments as diverse as an insurance company, academia,… More »
C.J. Buck, CEO of Buck Knives
When sales of a key product cratered, Buck Knives CEO C.J. Buck realized that he had to cut costs by 30% to stay in business. He moved the company from California to Idaho and lauched a lean transform… More »
The Beginner’s Guide To Lean
Dan Jones, chairman of the Lean Enterprise Academy and coauthor of Lean Thinking, explains that the challenge of lean is to advance beyond eliminating waste in broken processes to creating brilliant p… More »
Leadership Q&A: Chris Vogel, senior vice president, Wells Fargo Home and Consumer Finance
From the LEI senior executive series on lean leadership: When the Federal Reserve entered a period of continually lowering interest rates to keep the economy afloat after the 9/11 terrorist attacks, … More »
Leadership Q&A: Chris Vogel, senior vice president, Wells Fargo Home and Consumer Finance
From the LEI senior executive series on lean leadership: Listen to a conversation with Chris Vogel based on the above interview. (Note: This is a large audio file. Allow time for downloading.)… More »
Forward to Fundamentals Webinar with Jim Womack and John Shook
In recent years, most discussions around lean transformation have understandably evolved toward more managerial and strategic matters. Yet there remains an alarming lack of solid implementation of the… More »
Follow-up Q & A to the Webinar "Integrating Leader Standard Work with Visual Management Tools”
This webinar was one of our most popular and highly rated. From among the hundreds of questions that we received during the webinar, we selected those representing the most popular topics for a follow… More »
Capturing the Value of Lean
This workshop will show the connectivity between the various types of lean tools, techniques and concepts and how the benefits of using lean can be captured in both quantitative and qualitative aspect… More »
Lean Accounting
To sustain a lean transformation, top executive and financial managers must know how to transform routine accounting practices to a new system that not only is lean itself but also supports lean pract… More »
Real Numbers
Companies throughout the world are using lean principles to dramatically change the competitive landscape while generating new profitability and market share. As these companies transform, however, fi… More »
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