Small Business: Lean thinking

Small Business: Lean thinking

nzherald.co.nz – The management philosophy “lean” is centered on making obvious what adds value by reducing everything else. This week we look at Kiwi companies’ lean strategies and how it works for them.

Mention the term ‘lean’ and many will think it’s a topic that applies to big manufacturing companies. But it’s also a concept that’s being embraced by smaller and mid-sized Kiwi companies, and in a variety of sectors and contexts.

For the uninitiated, Wikipedia states that “essentially, lean is centered on making obvious what adds value by reducing everything else” and is a management philosophy derived mostly from the Toyota Production System.