Tag: Lean
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The Impact of Lean Maturity on Financial Control Simplification
How Lean maturity simplifies Financial Control Torbjorn Netland (1) explores how Lean Manufacturing affects Financial Control systems and finds that they change after Lean implementation. One of the pillars of the Toyota TPS (Toyota Production System) house is to empower individuals (autonomy) and let teams make decisions on the shop floor instead of remote managers,…
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How financial control can enhance Agility and Value creation
The challenges and opportunities of Financial control in a dynamic and complex environment. The role of management control largely depends on the size and culture of companies, their sectors of activity, the internal and external environment, the strategies deployed, etc. Two aspects are frequently put forward : This rapid evolution of the function poses the…
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Management Control as a strategic tool for value creation
Process for introducing management control in SMEs How do human mechanisms evolve in an SME during the introduction of management control and what are their impacts on the implementation of strategic management in times of crisis? The introduction of a new system often changes group dynamics and increases the doubts and fears of individuals by…
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How to become a learning company with continuous improvement
Kaizen : A mindset for learning and adapting in a changing world Lean management in times of crisis means learning to adapt constantly, learning to learn, integrating organizational learning as a vector of performance. By changing the behavior and culture of individuals towards self-learning, a company that directs its strategy towards the continuous improvement of…
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Lean and Management. How to engage employees in continuous improvement ?
The paradox of Lean is that it challenges human nature People tend to cling to their routines, habits, and work methods, especially if they have devised or built them themselves. They also seek to find meaning and motivation in their work, as long as it excites them and aligns with their values. But most people…
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Lean management: A strategic approach to governance
The considerable success known by Lean and its expansion around the world is due to the fact that it encompasses all processes as a strategic issue for the company. A single value-creating system instead of trying to silo the creation of value within the services and put them in competition against each other through a…
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How the Toyota Way can help your Business
Learning the Toyota Way What is the notion of time and what is “waiting” when you’re a leader ? At Toyota, knowing how to maintain a lifelong learning attitude is essential to having effective leadership and creating a Lean organization. And at Toyota, to manage well, you have to know how to observe. Companies that…
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Lean and Performance: An overview
Improving performance thanks to Lean. Definition of Lean. Definition written by Womack and D. Jones “The machine that changed the world”. “Customer engagement and their desire to promote the service(s) they have purchased stems from the engagement of the company’s employees. Employee engagement starts from a simple premise: every employee is rich in know-how, feelings…
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Lean strategies for SMEs
How SMEs can boost their agility and innovation with Lean strategies Agility is not a goal in itself, but a result of continuous improvement. Innovation is not a random event, but a disciplined process. For small and medium-sized enterprises (SMEs) that face fierce competition and limited resources, these two principles are essential for survival and…
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Agile strategy. Be flexible to embrace uncertainty and complexity.
With accelerated globalization and the hyper-connectivity of the economy, businesses, especially SMEs, now have to contend with global competition and increasing technological complexity. Being creative, innovative while being able to simplify their processes allows the most agile companies to manage their strategies more effectively and to export better, further and faster. According to Séverin Legras…
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