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Benefits And Challenges Of Lean Manufacturing

Strategy Driven

Therefore, lean manufacturing is about reducing or eliminating waste across the board, from customer service and design to distribution and manufacturing. It is also commonly referred to as lean production. There are many benefits associated with lean manufacturing, as well as numerous challenges.

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Innovating the Toyota, and YouTube, Way

Harvard Business Review

By sheer happenstance, I had just gotten a copy of Gemba Walks , a collection of essays by James Womack , a co-author of the automotive classic The Machine That Changed The World and a pioneering importer of Toyota-inspired lean production insights and methodologies to America. What does it mean for your company and industry?

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Five Lean Lessons to Live By

Lead Change Blog

Lean reflects the natural evolution of business and knowledge-based work: data-driven, yet practicing mindfulness in everyday production. At the team level, Lean prioritizes helping members pinpoint inefficiencies and work together to optimize results for the customer. Driven By Data.

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A Brief History of the Ways Companies Compete

Harvard Business Review

Many companies still compete this way and there continue to be successors to Taylorism, including business process reengineering and lean production. Some companies brought together Six Sigma and lean production into “Lean Six Sigma” as a way of competing with both lower costs and higher quality.

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Does Your Leadership Flunk the Testing Test?

Harvard Business Review

When I've seen individuals, project teams and organizations humiliatingly — and expensively — fail at innovation, the odds are they overinvested in sophisticated analyses and underinvested in simple tests. My favorite excuses are the ones where team leaders piously declare there's simply not enough time or money for testing.

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Stop Trying to Predict Which New Products Will Succeed

Harvard Business Review

If so, we should use a set of processes when designing and launching businesses that are geared for prediction — ask the right questions, perform the right analyses, plan production and supply chain for predictable variations on projected sales. In contrast, when performance cannot be predicted, a process geared for prediction makes no sense.

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Founding a Company Doesn’t Have to be a Big Career Risk

Harvard Business Review

One option is to build expertise before founding a company: ask VCs and others in the startup community to recommend the most competent people they know — heads of engineering, sales, product, and operations — and look for a job working directly under them.

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