A Lean Enterprise is defined as “a business system for organizing and managing product development, operations, suppliers, and customer relations. Business and other organizations use lean principles, practices, and tools to create precise customer value—goods and services with higher quality and fewer defects—with less human effort, less space, less capital, and less time than the [...]
Archive for the ‘Lean’ Category
The world of new product development is (NPD) is an extremely challenging one, and while the output of such an endeavor is never a sureshot guarantee, the journey itself is immensely fulfilling. Edison was reportedly asked by his assistant on not being successful with his electric bulb work despite two years of efforts, something that [...]
I just completed first draft of this paper for business review magazine of a city college of business administration. If it gets selected for publication, you will get to read the full paper on this site :). Here is the abstract:
Toyota’s pioneering work in automobile production systems continues to be among the most profound and [...]
Traditional software development follows a quintessential Waterfall model. Among its many limitations, originally discussed by Winston Royce in his 1970 classic paper “Managing the Development of Large Software Systems” and many more thereafter, it also forces a build-up of ‘work-in progress’, or inventory of unfinished work that has not yet been delivered to the customer, [...]
