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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.
Time and Money—An Organizational Focus
Poorly run organizations waste time (and time is money). This inhibits the company’s ability to hit markets at optimum times. Allow me to give you an example..