Simply put, lean is the practice of creating more value with fewer resources. The concept is inspired by the Japanese management theory from Toyota, where lean concepts are designed to improve and ...

he Toyota Production System, which was developed from the late 1940s through the mid-1970s by top Toyota executives to improve the company’s manufacturing processes, is now used by numerous companies ...

What does car manufacturer Toyota and Lucile Packard Children’s Hospital at Stanford University have in common? More than you might think. Hospitalists at the Palo Alto, Calif.-based children’s ...

Lean manufacturing seeks to make clear what adds value by reducing everything else. Lean is clearly not a fixed-point objective; accelerating global market competition demands operational flexibility ...

A lean business model is an approach to business development that focuses on creating value for the customer while minimizing waste within the organization. This model derives its core principles from ...

When developing lean strategies, you must first look to organizational success beyond your own company. What do the high performers in your industry have in common? What are they doing right? What’s ...

In practice, lean manufacturing is an operating philosophy that yields a number of long-term benefits that aren’t always obvious to those who are considering adopting it. The first thing most ...

There is a myriad of reasons why most startups fail, ranging from a lack of organizational structure to minimal understanding of who their customer is or what their product should look like. Ten years ...