This one can be difficult to evaluate sometimes. As a Lean Consulting professional, I would want to highlight all of the successful examples of eliminating waste and developing team members, but there should always be some humility in every Lean Trainers mind.
There are many Lean Manufacturing professionals that have either started working for a consulting company or have ended up as their own version of a management consultant.
The last piece of the Operational Due Diligence Package is providing a roadmap for operational improvements within the manufacturing operations. A Lean Strategy will be provided by the due diligence consultant with recommendations for value creation in the target investment.
Each process will be evaluated against the business strategy in order to identify risks and gaps within operations. The risks and gaps will be the most important part of the due diligence package.
A review of the immediate and any forward facing business strategies are the second step in the process. Reviewing the strategies along with the executive leadership team will continue to build a strong understanding of the company.
The initial step in the on site due diligence process is reviewing current financial statements. Financial statements provide guidance for the consultants to discover the areas most important to examine during the process.
Operational Due Diligence (ODD) is a type of Due Diligence used during Merger and Acquisition activities. Operational Due Diligence has a specific focus that provides insight on the operational performance for the potential buyer.
As a Lean Coach… you should be focusing on developing the process of problem solving and how to think critically, not focusing on the results of the specific problem solving PDCA cycle.
I often see new coaches that are so focused on impacting the financial bottom line and KPI’s within an organization that they forget about the human aspect of problem solving.
There are many Lean Manufacturing professionals that have either started working for a consulting company or have ended up as their own version of a management consultant.
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Remote coaching can be a great way to augment traditional On-site Lean coaching and provide support in between visits. Remote coaching can also provide a less costly coaching experience for businesses or individuals looking to develop their skill set.
There are many Lean Manufacturing professionals that have either started working for a consulting company or have ended up as their own version of a management consultant.
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Remote coaching can be a great way to augment traditional on-site Lean coaching and provide support in between visits. Remote coaching can also provide a less costly coaching experience for businesses or individuals looking to develop their skill set.
The Lean Startup Strategy is a more recent movement to Lean. Using Lean in Startup companies is not new. Author Eric Ries brought the topic mainstream with his book, “The Lean Startup” in 2011.
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A total supply chain strategy is the best level approach in reference to inventory and procurement strategies. A lean supply chain strategy focuses on the best total cost decisions and strategic decisions for the company.
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This is easily the most common area of focus when discussing the Lean Journey. The majority of Lean Journeys start on the manufacturing floor and eventually spread to other functional areas.
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