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All Rights Reserved Subscribe Sign In BETA This is a BETA experience. You may opt-out by clicking here MORE FROM FORBES May 20, 2022,08:15am EDT 16 Tips To Help Leaders Facilitate Virtual Conflict Resolution May 20, 2022,08:15am EDT Content: The Fuel That Runs Your Marketing And SEO May 20, 2022,08:00am EDT What Media Trainers Can Learn From Social Media May 20, 2022,07:45am EDT Personal Branding In The Digital Age: Why It Matters May 20, 2022,07:30am EDT 3 Digital Marketing Strategies To Optimize External Linking May 20, 2022,07:30am EDT How To Use Video To Start A Conversation With Prospective Clients May 20, 2022,07:15am EDT How Brands Can Use Instagram Stories To Magnetize Followers Edit Story Leadership LESSONS FROM LEAN MANAGEMENT FOR ANY INDUSTRY Jim O'Brien Forbes Councils Member Forbes Business Development Council COUNCIL POST Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based) Jul 9, 2021,07:20am EDT| * Share to Facebook * Share to Twitter * Share to Linkedin Vice President of Sales at The Raymond Corporation, overseeing sales for Raymond's material handling products and intralogistics solutions. getty In any industry, minor improvements in efficiency, innovation and production can have an enormous influence on profits. Operations are looking for an edge in every sector of their business whether that is through shorter lead times in the supply chain, enhanced quality of products or an increase in waste reduction efforts. Lean management can help organizations achieve all that and more. The true purpose of lean management transforms an organization’s culture and encourages continuous improvement — as it is a long-term process, not just a quick fix or a fad. The goal is to help your employees become self-sufficient problem-solvers. Based on the philosophies of reduced waste in pursuit of the most efficient methods, lean management is a continual process used to help you achieve optimization, eliminate inefficiencies and identify and solve challenges. The discipline can be used by anyone and in any setting — from top office executives to the manufacturing floor. How It Works Through a proven process of visualization, organization and standardization, lean management can help operations identify inefficiencies and implement changes designed to improve workflows and save time and money. Lean management procedures and techniques allow you to regulate production lines, monitor key performance indicators and make continuous progress to provide the best possible results for your specific application. Standardization Standardization helps support improvement over time. Once there is a standard in place, targets can be established. With targets established, variances can be more easily discovered and improved upon through Kaizen activities, helping an organization move closer to those target conditions. MORE FOR YOU EMPATHY IS THE MOST IMPORTANT LEADERSHIP SKILL ACCORDING TO RESEARCH WHY U.S. TALENT SHORTAGES ARE AT A 10-YEAR HIGH YOU PROBABLY NEED MORE FRIENDS—HERE’S HOW TO MAKE THEM Part of this process involves finding any waste. One way to do this is to identify the value and non-value found in various processes and their steps. Once found, you can adjust to support value found in different steps while removing any non-value in other steps. Building A Culture Of Continuous Improvement Culture is an important aspect of continuous improvement. To adopt a culture that supports this goal, top-level executives need to buy into the ideas and philosophies in order to encourage employees to embrace the same ideas. It should reach all departments. By implementing this shared objective throughout the organization, these lean management principles will transform an organization’s culture to keep identifying and solving wastes and inefficiencies. This is intended to help achieve cost savings throughout the company. Introducing lean management principles enhances your environment by enabling workers to make improvements and take responsibility for tasks they achieve every day. PLAY Forbes Leadership Video Settings Full Screen About Connatix V163329 Read More Read More Read More Read More Read More Read More Netflix’s New Director Of Product AccessibilityHeather Dowdy Opens Up About Being A CODA, Making Netflix Accessible To All, And More Engaging Employees One critical part of lean management in play at Raymond is "kaizen." Also known as "change for the better," it is a way in which everyone within a company can put their efforts toward achieving ongoing improvements. It is meant to empower each employee to not only recognize needs for efficiency but speak up about ways to improve. A potential solution can then be analyzed, and if it's determined that it will improve the issue at hand, it can be implemented. This loop of communication helps to engage employees — which can help boost morale and retention. Collaboration is also important — and a part of the lean management cultural philosophy. Routine meetings in departments act as platforms to look over previous issues and provide acknowledgment for employees who go above and beyond. In the end, it helps support the cultural philosophy across an organization. Lean management can be used to improve the efficiency of any kind of company — not just manufacturing organizations. When implemented correctly, a lean culture teaches everyone in an organization to become problem solvers who contribute to the continuous improvement of the company. -------------------------------------------------------------------------------- Forbes Business Development Council is an invitation-only community for sales and biz dev executives. Do I qualify? -------------------------------------------------------------------------------- Follow me on LinkedIn. Check out my website. Jim O'Brien Vice President of Sales at The Raymond Corporation, overseeing sales for Raymond's material handling products and intralogistics solutions. Read Jim O'Brien's ... 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