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.
The Evolution of Ideas: Tracing Themes Across My Trilogy
Pursuing a fulfilling and purpose-driven life, I embarked on a transformative journey, writing three insightful books that have shaped my understanding of wealth, time, and productivity. Each book in the Beyond Success series—Considerations in Making Money, Acquiring Time, and Lean Productivity and Efficiency—has played a pivotal role in moulding my perspectives and influencing how I approach these crucial aspects of business and life.
Why Lean?
In some respects, saying businesses must adapt to constant change and evolving market dynamics sounds like a broken record. When haven’t businesses had to adapt to change to remain competitive? Change is inevitable.
However, the saying seems more relevant today because technological change seems unprecedented. Regardless of how you approach the saying, one thing is certain: businesses that don’t continuously adapt will not thrive. Thus, I am a big proponent of lean methodology because it makes sense.