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The Lean CFO: Architect of the Lean Management System,New
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This book is not about debits, credits, or accounting theory. Instead, it describes how a chief financial officer (CFO) becomes a Lean CFO by leading a company in developing and deploying a Lean management system. The finance team, business executives, and Lean leaders will all benefit from its forwardthinking improvement approach.Explaining why the CFO role is so critical for companies adopting a Lean business strategy, The Lean CFO: Architect of the Lean Management System illustrates the process of building and integrating a Lean management system into the overall Lean business strategy. It describes why CFOs should move their companies away from performance measures based on traditional manufacturing practices and into a Lean performance measurement system. In addition, it explains how to integrate a Lean management system with a Lean business strategy to drive financial success. Describes the logic behind why a Lean management system must replace a traditional management accounting system Discusses how flow can drive the financial success of LeanThe book explains why you must move your company into value stream accounting, which reports your internal financial information by the real profit centers of your business, your value streams. It describes the strategic aspects of making money from a Lean business strategy and also details how to modify your enterprise resource planning system to support Lean rather than hinder it.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: What is the main focus of 'The Lean CFO: Architect of the Lean Management System'? A: The book focuses on how a CFO can transform into a Lean CFO by implementing a Lean management system within the company, emphasizing the shift from traditional accounting practices to Lean performance measurement.
- Q: Who is the author of this book? A: The author of 'The Lean CFO: Architect of the Lean Management System' is Nicholas S. Katko.
- Q: What type of audience would benefit from this book? A: The book is beneficial for finance teams, business executives, and Lean leaders looking to improve their understanding of Lean management systems and their integration into business strategies.
- Q: How does the book describe the role of a CFO in a Lean business strategy? A: It illustrates the critical role of the CFO in adopting a Lean business strategy and explains how they can lead the development and deployment of a Lean management system.
- Q: What are some key concepts discussed in the book? A: Key concepts include value stream accounting, the importance of replacing traditional management accounting systems, and strategies for achieving financial success through Lean principles.
- Q: What is the publication date of this book? A: The book was published on September 16, 2013.
- Q: How many pages does 'The Lean CFO' have? A: The book contains 162 pages.
- Q: What is the condition of the book being sold? A: The book is sold in new condition.
- Q: What type of binding does this book have? A: The book is available in paperback binding.
- Q: Is there any specific edition of this book? A: Yes, this book is the first edition.