Lean. Toyota Production System. These are words and concepts that any business person should readily know and understand – even if you are not an operations consultant. Process improvement initiatives built on these concepts take out billions of dollars of waste every year – from every industry.
A typical LEAN consulting project will easily take out $1-5 million of waste – because honestly – waste is everywhere. The Economist estimated that 1/3 of the US healthcare systems was waste and fraud here.
Even in this blog, when I talk about TIMWOODS, Poke-Yoke, Kanban, Andon, Muda, Kaizen, those are all words and phrases that have roots in the TPS. Yes, I could recommend a few of the main books on LEAN here (affiliate link) . . .
- The Toyota Way: 14 Management Principles (2006) by Liker
- The Machine that Changed the World (1990) by James Womack, Daniel Jones and Daniel Roos
. . . but I think it’s even easier to just watch a few videos. This does not make you a LEAN expert, but you will quickly get the point that it’s about 1) thinking through what the client values 2) getting rid of waste 3) pulling demand 4) reducing defects and 5) continuously improving.
Great 90 second video animating these concepts here. Clearly, I love cartoons clearly.
Another healthcare video showing how Toyota’s lean manufacturing experts reduced the backlog of patients waiting for eye surgery by using Lean Concepts of value stream mapping, 5S, Gemba, CTQ here.
What other videos on LEAN / Six Sigma would you recommend?