blog.
Using Lean to Save Time and Money
The Lean methodology is the most common sense approach for saving time and money. Taiichi Ohno, a Toyota executive in Japan in the 1940s and 1950s, developed Lean in the Toyota Production System. This system became the foundation for Lean manufacturing but quickly spread to other sectors. It is a valuable framework for businesses across various industries. Lean’s core concept is maximizing customer value while minimizing waste.
Value and Billable Hours
Why do companies and individuals still insist on billing for services “by the hour?” If you are tracking billable hours, you are not being efficient. And, even worse, you are not providing the best possible service to your customers.
When companies focus on billable hours, it may be to the exclusion of other important activities, like building capacity to better serve customers.
The Big Lollapalooza: Exposed
Lollapalooza: an extraordinary or unusual thing, person, or event; an exceptional example or instance.
When was the last time you experienced a lollapalooza? Well, these days it seems that Lean and Six Sigma are the big lollapaloozas, although Lean and Six Sigma are nothing more than common sense approaches for efficiency. And getting work done efficiently is never an exception to how organizations are (or should be) practicing. Along with effectiveness (doing the right job), efficiency is essential to ensuring productivity.