Lean Frontiers: Are they differences in getting middle management on board from getting executive management support?
Are there differences in getting middle management from executive management on board for 1) developing the lean enterprise and 2) direct engagement on their part? What are the differences, if any?
Posted on May 9, 2015
Archives by Tag 'Benefits'
Art Smalley

Art Smalley: Financial Benefits

By Art Smalley, - Last updated: Tuesday, January 25, 2011
Historically Toyota Motor Corporation has been a very profitable company over the past 60 years in what is generally a very cyclical business. Before its recent problems Toyota was racking up annual profits for several years in the $15 Billion + range and had not reported an annual loss since the early 1950's. Various problems and the global economic slowdown brought those numbers to a grinding halt in 2010 but the figures appear to be picking up again it seems. Regardless the question remains why does (or did) Toyota produce such great financial results and in contrast why do other companies ...

Continue reading this entry »

Jeff Liker

Jeff Liker: Lean opens new avenues for business results, but it sometimes hard to know in advance what those benefits will be

By Jeff Liker, - Last updated: Wednesday, January 19, 2011
First, I want to reinforce Orry's points that there are short-term gains and long-term gains.  The most obvious short-term gains that many companies will accept are labor reductions and then only if you send these people out the door on layoff.  That is self defeating and will kill the incredible potential for operational excellence to change the business strategy.  In reality, even in companies that reduce labor significantly in percent terms it usually happens in scattered areas of the company so for the bottom line it does not have a big impact on total cost of the company.  Unless you ...

Continue reading this entry »

The Lean Edge

The Lean Edge: Why is it so difficult to see the financial benefits from lean?

By The Lean Edge, - Last updated: Tuesday, January 18, 2011
Why is it so difficult to see the financial benefits from lean?
Theme by Matteo Turchetto|Andreas Viklund