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9 results for "accounting"

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  • Discovering the Value of People

    Big news in the business world: Wal-Mart is famous for keeping costs down, including employee-related costs. In Joplin, the company is testing a new approach: investing in workers through higher wages and training, on the theory that this will pay off all around—for customers, the compan...

    Tags: Companies, Leadership & Execution, Outsourcing Lemmings, People & Culture, accounting, Chipotle, people, skills, training, value, Wal-Mart, Whirlpool

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  • The Simple Leader: Oh the Humanity!

    This is an excerpt from The Simple Leader: Personal and Professional Leadership at the Nexus of Lean and Zen When we treat people merely as they are, they will remain as they are. When we treat them as if they were what they should be, they will become what they should be. – Thomas S. M...

    Tags: The Simple Leader, accounting, humanity, lean, respect for people, zen

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  • What the Books Don't Tell: Explaining the Financial Benefits of Lean

    It's a curious fact that very few books about lean address the topic of finance. Questions about lean's financial benefits are often the first that leaders skeptical about launching a transformation ask, so it's a wonder why this is seldom addressed. Lean accounting pioneer and LEI faculty Jean C...

    Tags: accounting, engagement, Finance, strategy

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  • Deadly Disease of Management: Emphasis on Short-term Profits

    One of Dr. Deming’s 7 deadly diseases is: Emphasis on short-term profits: short-term thinking It is easy to focus on short term goals and use a somewhat simple short term figure to measure success. But just because it is easier to look at the quarterly profit figure than determine progres...

    Tags: data, systems thinking, accounting, business, culture, Deadly diseases of management, fear, leadership, long term thinking, management, psychology, short term thinking

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  • It's Not All About the Cash: How to Help Leadership Understand Lean's Financial Benefits

    Lean's cost savings might not show up immediately on the income statement -- but that doesn't meaning there were no cost savings! Oftentimes the financial benefits of lean are other benefits in disguise, and it's important that we teach our leaders how to recognize them. Jean Cunningham explains....

    Tags: accounting, coaching, Finance, Lean enterprise

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  • Looking Forward With Alfred Adler

    Meanings are not determined by situations, but we determine ourselves by the meanings we give to situations. – Alfred Adler I’m not really sure how it started, but one day a couple months ago I found myself diving down an internet rabbit hole in search of more information on a guy na...

    Tags: Uncategorized, accounting, Alfred Adler, budget, Freud, lean

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  • Applying Deming’s Management Ideas at the Great Plains Coca Cola Bottling Company

    Guest post by John Hunter. This webcast shows Bob Browne’s presentation, Profound Knowledge of the Real Thing, at the 2012 Annual Deming Conference. Bob is the former CEO of the Great Plains Coca Cola Bottling Company. Among other things, this presentation is a good option for those seekin...

    Tags: management systems, psychology, system of profound knowledge, systems thinking, video, accounting, business, case study, CEO, change, Deming Institute annual conference, inventory, leadership, lean thinking, organization as a system, results, webcasts

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  • What Is Cost?

    Costs are the object of heated arguments when working to improve manufacturing operations, with participants assuming that the notion of cost itself is self-evident while, in fact, they understand it differently and talk past each other. This is an attempt to bring some clarity to the subject. ...

    Tags: Management, ABC, Accounting, Activity-Based Costing, Cost, Game theory, Lean, TPS

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  • Seven Ways Even Smart Companies Kill Great Ideas

    These seven behaviors threaten to stop innovation dead in its tracks… You can’t live without innovation. It’s why you’re in business. But as you grow, innovation also becomes a threat. It threatens to disrupt your existing business model, products, and services. It threat...

    Tags: innovation, innovation excellence, Leadership, Psychology, Accounting, business risk, fear, fear of failure, fears within innovation, legal

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