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Lean Thinking: Banish Waste and Create Wealth in Your Corporation, Revised and Updated,Used
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Expanded, updated, and more relevant than ever, this bestselling business classic by two internationally renowned management analysts describes a business system for the twentyfirst century.Expanded, updated, and more relevant than ever, this bestselling business classic by two internationally renowned management analysts describes a business system for the twentyfirst century that supersedes the mass production system of Ford, the financial control system of Sloan, and the strategic system of Welch and GE. It is based on the Toyota (lean) model, which combines operational excellence with valuebased strategies to produce steady growth through a wide range of economic conditions.In contrast with the crashandburn performance of companies trumpeted by business gurus in the 1990s, the firms profiled in Lean Thinking from tiny Lantech to midsized Wiremold to niche producer Porsche to gigantic Pratt & Whitney have kept on keeping on, largely unnoticed, along a steady upward path through the market turbulence and crushed dreams of the early twentyfirst century. Meanwhile, the leader in lean thinking Toyota has set its sights on leadership of the global motor vehicle industry in this decade.Instead of constantly reinventing business models, lean thinkers go back to basics by asking what the customer really perceives as value. (It's often not at all what existing organizations and assets would suggest.) The next step is to line up valuecreating activities for a specific product along a value stream while eliminating activities (usually the majority) that don't add value. Then the lean thinker creates a flow condition in which the design and the product advance smoothly and rapidly at the pull of the customer (rather than the push of the producer). Finally, as flow and pull are implemented, the lean thinker speeds up the cycle of improvement in pursuit of perfection. The first part of this book describes each of these concepts and makes them come alive with striking examples.Lean Thinking clearly demonstrates that these simple ideas can breathe new life into any company in any industry in any country. But most managers need guidance on how to make the lean leap in their firm. Part II provides a stepbystep action plan, based on indepth studies of more than fifty lean companies in a wide range of industries across the world.Even those readers who believe they have embraced lean thinking will discover in Part III that another dramatic leap is possible by creating an extended lean enterprise for each of their product families that tightly links valuecreating activities from raw materials to customer.In Part IV, an epilogue to the original edition, the story of lean thinking is brought uptodate with an enhanced action plan based on the experiences of a range of lean firms since the original publication of Lean Thinking.Lean Thinking does not provide a new management 'program' for the oneminute manager. Instead, it offers a new method of thinking, of being, and, above all, of doing for the serious longterm manager a method that is changing the world.
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- Q: What is the page count of Lean Thinking? A: The book Lean Thinking contains three hundred ninety-six pages. This extensive length allows for in-depth coverage of lean management concepts.
- Q: What are the dimensions of Lean Thinking? A: Lean Thinking measures six point fourteen inches in length, one point one inches in width, and nine point twenty-five inches in height. These dimensions make it a standard size for hardcover books.
- Q: Who is the author of Lean Thinking? A: The author of Lean Thinking is James P. Womack. He is known for his expertise in management and lean processes.
- Q: How do I apply the principles from Lean Thinking? A: To apply Lean Thinking principles, first identify what customers perceive as value. Next, streamline value-creating activities while eliminating non-value-adding tasks.
- Q: Is Lean Thinking suitable for beginners in management? A: Yes, Lean Thinking is suitable for beginners. It provides clear explanations of lean principles that can be easily grasped by those new to management.
- Q: What is the primary focus of Lean Thinking? A: The primary focus of Lean Thinking is to eliminate waste and enhance value in business processes. It emphasizes operational excellence through value-based strategies.
- Q: How do I keep Lean Thinking in good condition? A: To keep Lean Thinking in good condition, store it in a dry place away from direct sunlight. Handle it carefully to prevent damage to the binding and pages.
- Q: Can Lean Thinking be used in any industry? A: Yes, Lean Thinking can be applied in any industry. Its principles are versatile and can be adapted to various business contexts.
- Q: What should I do if my copy of Lean Thinking arrives damaged? A: If your copy of Lean Thinking arrives damaged, contact the retailer for return instructions. Most retailers have a specific process for handling damaged items.
- Q: Is Lean Thinking updated from previous editions? A: Yes, Lean Thinking is a revised and updated edition. It incorporates new insights and case studies relevant to modern management practices.
- Q: What type of binding does Lean Thinking have? A: Lean Thinking is bound as a hardcover book. This type of binding provides durability and a professional appearance.
- Q: Are there specific companies profiled in Lean Thinking? A: Yes, Lean Thinking profiles various companies, including Lantech, Wiremold, Porsche, and Pratt & Whitney. These examples illustrate successful lean practices.
- Q: Does Lean Thinking provide a step-by-step action plan? A: Yes, Lean Thinking includes a step-by-step action plan. This plan is based on in-depth studies of over fifty lean companies across various industries.
- Q: Is there a specific management method discussed in Lean Thinking? A: Yes, Lean Thinking presents a new method of thinking and doing for long-term managers. It emphasizes a systematic approach to achieving operational excellence.
- Q: What genre does Lean Thinking belong to? A: Lean Thinking falls under the genre of Environmental Economics. It focuses on business management and operational strategies for sustainability.