The fabric of Lean: 5 essential principles

Published June 8, 2020

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The financial vitality of any type of organization hinges on two metrics: profit and cash flow. While there is no magic bullet to assure positive performance measures for either, there is a powerful philosophy that has potential to make an enormous impact. The Lean business methodology, as described in a LinkedIn article by UB Center for Industrial Effectiveness (TCIE) Executive Director Timothy Leyh, trims out time and efforts spent on the unnecessary. The best chance of making Lean stick is to start by grasping five simple yet essential principles.

Read the article here.