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 9 mai 2015
Archives by Tag 'cash'
Michael Balle

Michael Ballé: Real lean results will show up in bottom-line and cash

By Michael Balle, co-author of The Gold Mine and The Lean Manager - Last updated: mercredi, janvier 19, 2011
If I'm honest, I have to admit this is not an issue I've encountered firsthand. I hear many people complain about the fact that their lean program does not deliver budget-level efforts, but I have to wonder what kind of lean we're talking about. Withe the CEOs and Operations VPs I work with, lean delivers in terms of bottom-line and cash in the one to two year horizon. or put it more precisely, the companies I work with show percentage points improvement in bottom-line and significant cash gains in between one to two years time. Since the effort is personally driven ...

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Orry Fiume

Orry Fiume: Rather than cost accounting, look out for cash improvement

By Orry Fiume, - Last updated: mardi, janvier 18, 2011
This is a question that has been asked in every Lean Accounting workshop that I have conducted over the past 10 years. Probably the single biggest reason why we can’t see the gains in the Profit Statement is because most companies still use full absorption standard cost accounting.  In this system any deviation from standard is treated as a variance. As we implement Lean we satisfy some of our current demand from existing inventories, resulting in improving inventory turns…which is a good thing.  However, since our people are not producing product, by design, that shows up in the financial statements as ...

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