Going Lean: How the Best Companies Apply Lean Manufacturing Principles to Shatter Uncertainty, Drive Innovation, and Maximize Profits

Going Lean: How the Best Companies Apply Lean Manufacturing Principles to Shatter Uncertainty, Drive Innovation, and Maximize Profits

Going Lean: How the Best Companies Apply Lean Manufacturing Principles to Shatter Uncertainty, Drive Innovation, and Maximize Profits

Going Lean: How the Best Companies Apply Lean Manufacturing Principles to Shatter Uncertainty, Drive Innovation, and Maximize Profits

Synopsis

Going Lean sets aside the notion that efficient operations and powerful innovations are only possible when business is steady and demand is growing. Instead, companies must learn that sudden shifts or unpredictable conditions need not undermine their results. Led by a new breed of companies - Toyota, Wal-Mart, and Southwest Airlines - a powerful, yet unexpected mindset is reshaping the rules for business competitiveness. By using Lean Dynamics o - based on the now-famous Toyota Production System - companies everywhere can thrive in virtually any environment. In Going Lean , readers will learn how to:
• become broadly effective in creating and sustaining value
• set a critical foundation for achieving sustained excellence
• identify sources of lag and create robust value streams that thrive in today's dynamic conditions
• describe the underlying techniques to maintain steady and predictable flow
• create a system based on "pull," or external demand that consistently introduces new innovation even during severe downturns
• strive for perfection
• deliver industry-leading returns

Excerpt

This book is founded on one simple but enduring truth: Excel; lence is best seen in a crisis.

In 1973 when oil shortages compromised the profitability and stabil; ity of the global automotive industry, the excellence of one corporation stood apart. Its booming operations fueled continued profit and com; petitive advantage just as others were clinging to survival. Its sustained success ultimately catapulted this firm-the Toyota Motor Company- to market prominence, and has made its unique approach to manage; ment the envy of the business world.

This very same phenomenon can be seen again today.

In the wake of disaster-from September 11th and into war, to economic downturn and then hurricane Katrina-American business throughout this decade has been thrust into crisis. Corporations every; where have been hard hit from lost sales, disrupted by shifting customer demands, sent reeling from new uncertainties rippling from customers to suppliers. Once- unquestioned leaders found themselves in a terrible struggle, one by one driven into financial turmoil or even bankruptcy. But a few firms-Toyota, Wal-Mart, and Southwest Airlines-remained strong, even thriving amid the chaos that crippled their peers.

What makes these corporations different? How do they seemingly defy gravity, extending their edge in a business environment that should have dragged them down?

The answer is simple. While others insist on managing their busi; nesses just as they had done in the past, these companies took a different . . .

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.