Nobody downloaded yet

Lean improvement techniques - Case Study Example

Comments (0) Cite this document
A company, as defined by law, is only a name on a piece of paper. The company acts and conducts itself according to the employees that work in that entity. In ethical thinking there should be no distinction of rank within a company. There are times when executives can be held directly responsible and at the same time, there are cases where employees are acting unethically without the executives knowing…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96% of users find it useful
Lean improvement techniques
Read TextPreview

Extract of sample
"Lean improvement techniques"

Download file to see previous pages A business today uses the measuring stick of profitability. There needs to be a shift to the thinking of total utility for the social community in order to weigh business decisions. Opponents would argue that this is a long-term plan that requires too many radical changes in the face of business. Also, there is no way that an industry wide standard can be set since there are too many types of corporations. Plus, companies have different needs and every moral rule is subjective according to the type of business that everyone conducts.
Although there are no industry standards that are feasible, it is possible for every company to examine their practices as well as the attitude of their employees. There will be companies that find that they are doing fine with employees that are aware of their moral values. Yet other companies will find that they do have areas that need improvement. It is steps like these that start implementing changes. Once a few companies start to see the benefits of changes, it can help to encourage other companies to follow suit. After all, mistakes in one department can cause the deterioration of an entire corporation. When the costs that are possible are taken into account, the changes required to rectify this are small in comparison.
Purpose, People, Planet, Probity (or Purity or Principles): 4 P model
This 4 P model is not a process or technique - it's the character or personality of a good ethical manager or leader or organization. The four corner stones of sustainable success in any modern business venture, and is a maxim for today's management and organizational philosophy. Probity means honesty, uprightness - it's from the Latin word probus, meaning good. 'Purpose' is an apt replacement for 'Profit' and thus makes the acronym appropriate for use in not-for-profit organizations. Profit-focused corporations can of course substitute 'Profit' for 'Purpose'.
The aim of all good modern organizations is to reconcile the organizational purpose (whether this be profit for shareholders, or cost-effective services delivery, in the case of public services) with the needs and feelings of people (staff, customers, suppliers, local communities, stakeholders, etc) with proper consideration for the planet - the world we live in (in terms of sustainability, environment, wildlife, natural resources, our heritage, 'fair trade', other cultures and societies, etc) and at all times acting with probity - encompassing love, integrity, compassion, honesty, and truth. Probity enables the other potentially conflicting aims to be harmonised so that the mix is sustainable, ethical and successful.
Traditional inward-looking management and leadership skills (which historically considered only the purpose - typically profit - and the methods for achieving it) are no longer sufficient for sustainable organizational success. Organizations have a far wider agenda today. Moreover, performance, behaviour and standards are transparent globally - the whole world can see and judge how leaders and organizations behave - and the modern leader must now lead with this global accountability.
From a ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Lean improvement techniques Case Study Example | Topics and Well Written Essays - 3500 words”, n.d.)
Lean improvement techniques Case Study Example | Topics and Well Written Essays - 3500 words. Retrieved from https://studentshare.org/business/1525918-lean-improvement-techniques
(Lean Improvement Techniques Case Study Example | Topics and Well Written Essays - 3500 Words)
Lean Improvement Techniques Case Study Example | Topics and Well Written Essays - 3500 Words. https://studentshare.org/business/1525918-lean-improvement-techniques.
“Lean Improvement Techniques Case Study Example | Topics and Well Written Essays - 3500 Words”, n.d. https://studentshare.org/business/1525918-lean-improvement-techniques.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Lean Transition
Prior to lean transition, the company employed a process focused operations strategy through job shops. The jobbing process had large amounts of inventory, long lead times, and a jumbled work flow. In lean production, the company organized their operations through a flow line with three value streams that reduced work-in-progress inventory and lead times.
4 Pages(1000 words)Case Study
Design and analysis of lean maufacturing
Summary of Findings In gist the Financial Planning Committee has decided, based on the financial analysis, that Elba Electronics is better off closing the Elba plant and moving production to Southeast Asia, noting that the move would save on labor costs and therefore production costs, while also saving on distribution and inventory costs, even as the company is to continue to manufacture what has basically become commodity components with thinning margins.
3 Pages(750 words)Case Study
Operations Management - Toyota Lean Techniques-Problem Solving Case
Most production related issues that impacts on high quality production volume including raw material issues can be answered by the Toyota Production System. The following problem can be resolved by using the
6 Pages(1500 words)Coursework
Implenting Lean
They are easy to understand and follow. Once implemented in true letter and spirit they are applicable to all tiers within an organization and not just the top management. The essence of the concept is rooted in mass production. Although the idea was adopted and implemented most successfully in Toyota, the origin of Lean is a brain-child of Henry Ford who conceived the idea of an assembly line and wrote about it in his book "Today and Tomorrow" published in 1926.
10 Pages(2500 words)Case Study
Market Research Techniques & Research Methods
Its key business is the lodging business where the company develops, operates, and franchises hotels and corporate housing properties. It has a wide range of brands, which includes Marriott Hotels and Resorts, The Ritz-Carlton Hotels, Bulgari, Rennaissance Hotels and Resorts.
16 Pages(4000 words)Case Study
Esterline Technologies and Lean Manufacturing
With this strong financial performance, analysts expressed their positive outlook for Esterline Technologies: "According to analysts reports, 206 revenues were likely to exceed $1 billion." The success of Esterline in its operation is also indicated by its capability of achieving Tier-1 supplier status with two of its largest customers.
3 Pages(750 words)Case Study
Lean implementation and supply chain development at Oak Hills
However, Oak Hills face a challenge of managing the low demand and prices of oils within the industry. In this sense, the company is obliged to manage its supply chain in
6 Pages(1500 words)Case Study
Lean Implementation at Oak Hill
Oak Hills facility is a unit of The Oil and Gas Services Company (TOGS) that produces testing equipment used in old and gas exploration. Oak Hills is currently experiencing an
1 Pages(250 words)Case Study
Quantitative Techniques for Business
3. What conclusion can you draw by examining the kurtosis in each case? The kurtosis in each of the returns is greater than three. This means that it is platykurtic distributed. It is flatter than normal distribution and wider at the peak. The probability is less than the normal distribution and it is wider at the mean.
3 Pages(750 words)Case Study
Cash Management Techniques
General Accounting Office, 1990). The cash is usually not usually invested in assets or in the form of inventories. This report gives an analysis of credit policy polices, effective cash management
4 Pages(1000 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Case Study on topic Lean improvement techniques for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us