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Business Excellence and Finance Transformation Leadership
5 trends reshaping the Lean landscape:
1)Lean touches every industry
2)Lean deployment has increasing become part of Global Transformation initiatives
3)Integration of Lean and Six Sigma
4)“Value Stream Thinking” and Value Stream Mapping as a way to manage and improve processes end to end
5)Lean Leadership is the management system technique to sustain gains. Gemba Management is an example of a specific behavioral pattern expected of a Lean Leader.
Please add your comments and thoughts with more discussion points....
Finance Transformation results in cost reduction -
Despite the desired end goal of freeing up time to focus on value-added activities, finance transformation initiatives are commonly a veiled approach to cost reduction. Decision trees to determine which activities finance should focus on (and where) are measured by metrics, such as cost as a percentage of sales, cost per transaction, or headcount—all in the name of gaining efficiencies. And if we are more efficient, we should have more time to devote to higher-value activities.
But efficiency in and of itself does not drive successful finance transformation. Successful transformation resides at the intersection of people, process, and technology directed at the activities most-aligned with value creation. In our work with clients, we find five bad assumptions that commonly harm transformation projects.
هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟