Rating: 3 out of 5 stars
3/5
Audiobook (abridged)4 hours
Lean Thinking: Banish Waste and Create Wealth in Your Corporation, 2nd Ed
Published by Simon & Schuster Audio
Rating: 4.5 out of 5 stars
4.5/5
()
About this audiobook
Expanded, updated, and more relevant than ever, the bestselling business classic by two internationally renowned management theorists shows how companies of any size in any industry can seize opportunities in the post-bubble economy.
Lean Thinking begins by helping listeners to identify value, asking, "What does the customer really want?" instead of "What can we try to convince the customer to accept?" Lean thinkers then identify the value stream -- every step required to move a specific good or service from initial concept into the hands of the customer -- for each product and ask if each step really creates value. Those that don't -- the great majority -- are then removed, and the remaining steps are conducted in continuous flow at the pull of the customer, as the firm manages toward perfection. As a consequence, lead times, costs of all sorts, and defects shrink, while responsiveness to customer needs and selling prices increase.
In an economic downturn, many companies are searching desperately for a sustainable formula for renewed growth and success. Lean Thinking is that formula -- a proven blueprint and specific action plan that will help any company stabilize its position and grow steadily while better serving its customers, employees, suppliers, and investors.
Lean Thinking begins by helping listeners to identify value, asking, "What does the customer really want?" instead of "What can we try to convince the customer to accept?" Lean thinkers then identify the value stream -- every step required to move a specific good or service from initial concept into the hands of the customer -- for each product and ask if each step really creates value. Those that don't -- the great majority -- are then removed, and the remaining steps are conducted in continuous flow at the pull of the customer, as the firm manages toward perfection. As a consequence, lead times, costs of all sorts, and defects shrink, while responsiveness to customer needs and selling prices increase.
In an economic downturn, many companies are searching desperately for a sustainable formula for renewed growth and success. Lean Thinking is that formula -- a proven blueprint and specific action plan that will help any company stabilize its position and grow steadily while better serving its customers, employees, suppliers, and investors.
Related to Lean Thinking
Related audiobooks
Lean Solutions: How Companies and Customers Can Create Value and Wealth Together Lean Management Explained Rating: 5 out of 5 stars5/5Islands of Profit in a Sea of Red Ink: Why 40% of Your Business is Unprofitable, and How to Fix It Rating: 5 out of 5 stars5/5High Velocity Innovation: How to Get Your Best Ideas to Market Faster Rating: 5 out of 5 stars5/5The Age of Agile: How Smart Companies Are Transforming the Way Work Gets Done Rating: 4 out of 5 stars4/5Toyota Way, The (Second Edition): 14 Management Principles from the World's Greatest Manufacturer Rating: 3 out of 5 stars3/5Toyota Production System: Beyond Large-Scale Production Rating: 5 out of 5 stars5/5Toyota Talent: Developing Your People the Toyota Way Rating: 3 out of 5 stars3/5The Toyota Way: 14 Management Principles from the World's Greatest Manufacturer Rating: 3 out of 5 stars3/5Theory of Constraints Rating: 4 out of 5 stars4/5The Lean Turnaround: How Business Leaders Use Lean Principles to Create Value and Transform Their Company Rating: 4 out of 5 stars4/5The Toyota Way Fieldbook Rating: 3 out of 5 stars3/5Lean Principles Explained Rating: 4 out of 5 stars4/5Toyota Kata: Managing People for Improvement, Adaptiveness and Superior Results Rating: 4 out of 5 stars4/5Lean Manufacturing Explained Rating: 5 out of 5 stars5/5The Toyota Way to Service Excellence: Lean Transformation in Service Organizations Rating: 0 out of 5 stars0 ratingsLean Production Simplified: A Plain-Language Guide to the World's Most Powerful Production System Rating: 5 out of 5 stars5/5The Essential Deming: Leadership Principles from the Father of Quality Rating: 0 out of 5 stars0 ratingsKanban: 3 Books in 1: Your Guide to the Basics+Beyond the Basics+Workflow Visualized: An Expert's Guide Rating: 5 out of 5 stars5/5Kaizen: How to Apply Lean Kaizen to Your Startup Business and Management to Improve Productivity, Communication, and Performance Rating: 0 out of 5 stars0 ratings
Business For You
The End of the World is Just the Beginning: Mapping the Collapse of Globalization Rating: 5 out of 5 stars5/5The Negotiation Mastery Bundle: 4 Courses on Negotiation from Michael Wheeler Rating: 5 out of 5 stars5/5Algorithms to Live By: The Computer Science of Human Decisions Rating: 4 out of 5 stars4/5Getting Things Done: The Art of Stress-Free Productivity Rating: 4 out of 5 stars4/5When to Say Yes: Negotiation Strategies to Improve Your Endgame and Close with Confidence Rating: 5 out of 5 stars5/5Negotiation Openings: How Seasoned Pros Set the Tone for Successful Negotiations Rating: 5 out of 5 stars5/5Preparing to Negotiate: How Emotional Preparation Sets the Stage for Better Deals Rating: 4 out of 5 stars4/5Company Rules: Or Everything I Know About Business I Learned from the CIA Rating: 4 out of 5 stars4/5The Critical Moments: Navigating Power Plays, Outbursts, Ultimatums, and More Rating: 4 out of 5 stars4/5Stimulus Wreck: Rebuilding After a Financial Disaster Rating: 4 out of 5 stars4/5Permission to Offend: The Compassionate Guide for Living Unfiltered and Unafraid Rating: 4 out of 5 stars4/5The Sociopath Next Door: The Ruthless Versus the Rest of Us Rating: 4 out of 5 stars4/5The Millionaire Next Door: The Surprising Secrets Of Americas Wealthy Rating: 4 out of 5 stars4/5Silva Mind Control Method Of Mental Dynamics Rating: 5 out of 5 stars5/5The 10X Rule: The Only Difference Between Success and Failure Rating: 5 out of 5 stars5/5The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers Rating: 5 out of 5 stars5/5Get to the Point!: Sharpen Your Message and Make Your Words Matter Rating: 5 out of 5 stars5/5Everybody Lies: Big Data, New Data, and What the Internet Can Tell Us About Who We Really Are Rating: 4 out of 5 stars4/5High Conflict: Why We Get Trapped and How We Get Out Rating: 5 out of 5 stars5/5The Predictably Irrational Rating: 4 out of 5 stars4/5The House of Gucci: A True Story of Murder, Madness, Glamour, and Greed Rating: 4 out of 5 stars4/5Essentialism by Greg McKeown - Book Summary: The Disciplined Pursuit of Less Rating: 5 out of 5 stars5/5Contagious: Why Things Catch On Rating: 4 out of 5 stars4/5How Will You Measure Your Life? Rating: 4 out of 5 stars4/5