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Lean Thinking: Banish Waste and Create Wealth in Your Corporation, Revised and Updated | [James P. Womack, Daniel T. Jones]

Lean Thinking: Banish Waste and Create Wealth in Your Corporation, Revised and Updated

Womack and Jones, the authors of The Machine That Changed the World and creators of the "lean enterprise" theory, take leanness to the next step with a focus on what the customer really wants, not what it is possible to get him to accept. This is the management book for the next business generation.
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Publisher's Summary

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

Instead of constantly reinventing business models, lean thinkers go back to basics by asking what the customer really perceives as value. The next step is to line up value-creating activities for a specific product along a value stream while eliminating activities (usually the majority) that don't add value. Then the lean thinker creates a flow condition in which the design and the product advance smoothly and rapidly at the pull of the customer (rather than the push of the producer). Finally, as flow and pull are implemented, the lean thinker speeds up the cycle of improvement in pursuit of perfection. The first part of this book describes each of these concepts and makes them come alive with striking examples.

Lean Thinking clearly demonstrates that these simple ideas can breathe new life into any company in any industry in any country. But most managers need guidance on how to make the lean leap in their firm. Part II provides a step-by-step action plan, based on in-depth studies of more than fifty lean companies in a wide range of industries across the world.

Even those readers who believe they have embraced lean thinking will discover in Part III that another dramatic leap is possible by creating an extended lean enterprise for each of their product families that tightly links value-creating activities from raw materials to customer.

In Part IV, an epilogue to the original edition, the story of lean thinking is brought up-to-date with an enhanced action plan based on the experiences of a range of lean firms since the original publication of the book.

©1996, 2003 James Womack and Daniel Jones; (P)2003 Simon & Schuster Inc. All Rights Reserved. AUDIOWORKS is an imprint of Simon & Schuster Audio Division, Simon & Schuster Inc.

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    Erik Missouri City, TX, USA 02-19-07
    Erik Missouri City, TX, USA 02-19-07 Member Since 2005
    HELPFUL VOTES
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    "Excellent Summary of Lean"

    All what lean is about in a nutshell. Being an experience operations person, I think you can always use a good refresher of all lean concepts.
    Highly recommend this book both to experienced and beginners in the lean field.

    1 of 2 people found this review helpful
  •  
    Kelly Billings, MT, USA 02-25-09
    Kelly Billings, MT, USA 02-25-09 Member Since 2003
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    Overall
    "What about the cube farms?"

    Book was largely focused on manufacturing without much practical application to service industries (health care, finance, etc.) Also, action plan in audio version was much more extensive (and relevent) that the 2003 print version. Why don't they match?

    0 of 1 people found this review helpful
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