Lean Management

Business ManagementEfficiencyContinuous Improvement

Lean Management focuses on maximizing value for customers while minimizing waste in processes.

Introduction

Lean Management focuses on maximizing value for customers while minimizing waste in processes.

Core Principles

  1. Value Identification: Defining what delivers value to customers.
  2. Waste Elimination: Removing non-value-adding steps.
  3. Continuous Improvement: Encouraging a culture of ongoing optimization.

Applications

  • Manufacturing (e.g., Toyota Production System).
  • Service industries for process improvement.

Related Resources

  • Book: "Lean Thinking" by James P. Womack and Daniel T. Jones.
  • Tools: Value Stream Mapping, Kaizen.

Related Topics

Mental Models Related

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Professional Applications

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