Turn Waste Into Wealth : How to Find Cash in Every Corner of the Company

Cash is lying around everywhere in companies. It's in warehouses and on shelves, hiding in plain sight as inventory. It litters administrative offices, disguised as incorrect invoices, late billings, sloppy requests from salespeople. It sits in company lobbies waiting for sales calls to start. All that cash is retrievable - available for re-investment. Turn Waste into Wealth will help you get that cash by turning your organization into a Lean company. Mark DeLuzio, principle architect of the vaunted Danaher Business System that has led companies to world-class performance, presents hard-hitting advice and numerous case histories that will help you make your company Lean. You'll learn: Why Lean is the modern way to run any organization; What you must do to insure a successful Lean transformation; Lean accounting practices that promote Lean behaviors; How to identify and deal with Lean naysayers; Why LEAN does not mean "Less Employees Are Needed"; What and why to benchmark; The Lean formula for setting prices; How to deploy strategy in a Lean environment. Great companies continuously improve everything they do to increase shareholder returns. If you're new to lean or already using Lean practices, Turn Waste into Wealth will help you make your company great. Cover......Page 1 Copyright......Page 7 Contents......Page 8 Dedication......Page 12 Foreword......Page 14 Part One: Lean Purpose......Page 18 1. Mountains of Money......Page 20 2. Lean......Page 23 3. The Lean Journey......Page 24 4. The Lean Transformation......Page 26 5. Lean’s Good Numbers......Page 28 6. The New Cost Reduction Frontier: Using Lean to Cut Administrative Waste......Page 31 7. How to Enhance Your Culture with Lean......Page 35 8. Change from Problem Hiding to Problem Solving......Page 38 9. The 10%-80%-10% Population Rule......Page 40 10. How to Identify a Naysayer......Page 42 11. Ours Not to Reason Why, Ours But to Waste and Die......Page 44 Part Two: Lean Principles......Page 48 12. The Eight Deadly Sins of Waste......Page 50 13. The Leadership Rules of Lean......Page 52 14. Lean Transformations Are Not Pain Free......Page 55 15. LEAN Does Not Mean Less Employees are Needed......Page 57 16. Never Tie Headcount Reductions to Lean......Page 60 17. Continuously Grow with Continuous Flow......Page 62 18. Customers Will Not Pay for Non-Value Activity......Page 64 19. Accounting for Lean......Page 69 20. How Traditional Accounting Promotes Accounting Waste and Costly Behaviors......Page 72 21. Don’t Employ Purchase Price Variance......Page 75 22. New Lean Rules for Capital Expenditures......Page 77 23. You Can Teach an Old Dog New Tricks......Page 80 24. What and Why to Benchmark......Page 84 Part Three: Lean Process......Page 86 25. The Five Whys: Too Much Pigeon Poop......Page 88 26. Standard Work Is the Gold Standard......Page 90 27. TAKT Time is Money Time......Page 92 28. She Walked from San Diego to St. Louis in One Year and Never Left the Factory Floor......Page 94 29. The Blue Parts Cart: Or, Minutes Mean Big Money......Page 96 30. Don’t Blame Manufacturing: Three Days Process Time, Eighteen Weeks Lead Time......Page 99 31. A Hospital without Waste......Page 103 32. Don’t Cherry-Pick Lean Tools......Page 109 33. Kaizen......Page 111 34. Kaizen Event Rules......Page 113 35. Lean Trumps Six Sigma......Page 116 36. The Problems with Kanban......Page 119 Part Four: Lean Profits......Page 122 37. The Lean Profit Formula......Page 124 38. Lean Distribution......Page 129 39. The Wallet......Page 130 40. The High Cost of Carrying Inventory......Page 134 41. Cross-Functional or Dysfunctional: There is No Choice......Page 139 42. Waste Mapping: Where to Deploy Value Streams......Page 142 43. Strategy Deployment......Page 145 44. Using Strategy Deployment to Save the Shad (A Metaphor)......Page 147 45. The Difference between Strategy Deployment and Policy Deployment ... and Why It Matters!......Page 150 46. The Dees and Rees......Page 153 Appendix A. The Lean Horizons Lean Sustainability System (LSS)......Page 156 Appendix B. The Lean Horizons Wealth Creation Process......Page 159 Appendix C. Lean Horizons Benchmarking......Page 161 Index......Page 162 About the Author......Page 166 Cash is lying around everywhere in companies. It’s piled to the ceilings in warehouses and on shelves, hiding in plain sight as inventory. It litters administrative offices, disguised as incorrect invoices, late billings, incomplete forms, input errors, sloppy requests from salespeople. It languishes in the countless places a customer’s order can hide as it crawls from order entry to production and shipment. It sits in company lobbies waiting for sales calls to start. All that cash is retrievable, gettable, bankable – available for re-investment and dividends. Turn Waste into Wealth will help readers get that cash by turning their organizations into Lean companies. Mark DeLuzio, principle architect of the vaunted Danaher Business System that has led companies to world-class performance, presents hard-hitting tips and numerous case histories that will help readers make their companies lean. They’ll learn: Why Lean is the modern way to run any organization Eleven steps to transform your organization to a lean culture What leaders must do to insure a successful lean transformation Lean accounting practices that promote Lean behaviors The lean rules for capital expenditure decision making How to identify and deal with lean naysayers Why LEAN does not mean “Less Employees Are Needed” What and why to benchmark The kaizen rules for success The lean formula for setting prices How to deploy strategy in a lean environment And much more Great companies continuously, relentlessly improve everything they do to increase shareholder returns. For those readers new to lean or those already using Lean practices, Turn Waste into Wealth will help them make their companies great. Cash is lying around everywhere in companies. It's in warehouses and on shelves, hiding in plain sight as inventory. It litters administrative offices, disguised as incorrect invoices, late billings, sloppy requests from salespeople. It sits in company lobbies waiting for sales calls to start. All that cash is retrievable - available for re-investment. Turn Waste into Wealth will help you get that cash by turning your organization into a Lean company.

Mark DeLuzio, principle architect of the vaunted Danaher Business System that has led companies to world-class performance, presents hard-hitting advice and numerous case histories that will help you make your company Lean. You'll learn: Why Lean is the modern way to run any organization; What you must do to insure a successful Lean transformation; Lean accounting practices that promote Lean behaviors; How to identify and deal with Lean naysayers; Why LEAN does not mean "Less Employees Are Needed"; What and why to benchmark; The Lean formula for setting prices; How to deploy strategy in a Lean environment.

Great companies continuously improve everything they do to increase shareholder returns. If you're new to lean or already using Lean practices, Turn Waste into Wealth will help you make your company great. El consultor Mark DeLuzio explica dónde encontrar el valor oculto en su organización al mismo tiempo que enseña los principios de la administración esbelta (lean management). El concepto lean (esbelto, ajustado, limpio, austero) requiere el mejoramiento como persona y como empresa. Para ejemplificar la filosofía esbelta, DeLuzio presenta sus principios y procesos fundamentales en capítulos breves, que explican el nuevo concepto y ofrecen una lista de acciones y un estudio de caso. DeLuzio explica cómo usar el modelo esbelto como una filosofía para adoptar el cambio, incrementar los ingresos y resolver problemas. getAbstract recomienda este manual conciso a ejecutivos, gerentes, consultores y propietarios de negocios pequeños que quieran aprender más sobre el modelo esbelto Teach Like a Champion 2.0 is a complete update to the international bestseller. This teaching guide is a must-have for new and experienced teachers alike. Over 700,000 teachers around the world already know how the techniques in this book turn educators into classroom champions. With ideas for everything from classroom management to inspiring student engagement, you will be able to perfect your teaching practice right away.