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Lean and Six Sigma aren’t the answer to improving your hospital. Being like Toyota is, but that doesn’t mean the answer is gemba walks and value stream maps. Don’t let the consultants fool you. The ...

No survey of modern automotive manufacturing can possibly overlook the “lean” techniques and cultural values developed in Toyota’s Production System, so it was inevitable that The Magical Mystery ...

So, what is lean management exactly? Put in its most simple form, lean management is about eliminating waste without sacrificing productivity to improve work processes, purposes, stakeholder value, ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Lean thinking originated with the Toyota Production System. Its success in streamlining existing automotive manufacturing processes led to the adaptation of those principles to other areas of business ...