Lean Thinking : Banish Waste and Create Wealth in Your Corporation, 2nd Edition Revised

Additional Lean Thinking : Banish Waste and Create Wealth in Your Corporation, 2nd Edition Revised Information

Expanded, updated, and more relevant than ever, the bestselling business classic by two internationally renowned management theorists shows how companies of any size in any industry can seize opportunities in the post-bubble economy.

Lean Thinking begins by helping listeners to identify value, asking, "What does the customer really want?" instead of "What can we try to convince the customer to accept?" Lean thinkers then identify the value stream -- every step required to move a specific good or service from initial concept into the hands of the customer -- for each product and ask if each step really creates value. Those that don't -- the great majority -- are then removed, and the remaining steps are conducted in continuous flow at the pull of the customer, as the firm manages toward perfection. As a consequence, lead times, costs of all sorts, and defects shrink, while responsiveness to customer needs and selling prices increase.

In an economic downturn, many companies are searching desperately for a sustainable formula for renewed growth and success. Lean Thinking is that formula -- a proven blueprint and specific action plan that will help any company stabilize its position and grow steadily while better serving its customers, employees, suppliers, and investors.

What Customers Say About Lean Thinking : Banish Waste and Create Wealth in Your Corporation, 2nd Edition Revised:

Not just by implementing various tools and techniques but by truly revolutionizing them from the perspective of the customer. Had I not needed to read this book for an exam, I likely would have set it down during this part and not picked it up again.My favorite chapter in the book is Chapter 13: Dreaming about Perfection in Part III. The author takes 5 common activities and "dreams" about how they would operate if they were truly lean. This is the revised and updated version of the 1996 edition, however the only change is the edition of a Part IV Epilogue written in 2003.For one of the first books to explore the concepts of Lean and the Toyota Production System (TPS) it does a fairly good job. It really drove home what breakthrough concepts or paradigm shifts look like.Overall I would recommend The Toyota Way over this book as a broad overview of what the concept of Lean is. Part II - From Thinking to Action: The Lean Leap, took up half of the book 170 pages of 340, to explain the lean journey of multiple companies of different sizes and cultures. I found Parts I - Lean Principals, III - Lean Enterprise, & IV - Epilogue most useful. While I found some of the examples to be useful, all of them were somewhat vague and very drawn out.

The book was good but way too expensive. The concepts in the book are true and very well established. The problem underlies with business thinking preaching "lean thinking" at every meeting and thus drives the market price of this book up.

I was pleasantly surprised to find them in very good condition when I received them and would have no problem ordering again. I ordered six copies of this book for my workplace. I ordered used copies not knowing exactly what condition they would in.

If only I had this book 40 years ago. Incredible book. This should be mandatory reading for every business owner.

Author's explains the concepts with good examples and approachable way making the partly difficult topic more reader friendly.Book does not always provide clear answers yet challenges the reader to think and consider own approaches when basics is been understood.As a business book, very enjoyable reading. Lean Thinking is a very useful book as a reference material for a Bachelor/Master degree student or person already working, looking for information on LEAN.