Business Improvement
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How to get Real Improvement
Lean Thinking is a business strategy, not a cost-cutting improvement methodology. It has been applied successfully in banking, health care, education, and manufacturing, leading to major improvements in their ability to serve customers. The strategy helps you to shorten the time between when the customer places an order and when you deliver it. If approached
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The Efficiency Myth
In these tight economic times, business experts advise us to improve efficiency, doing more with less in order to improve the bottom line. The problem is, improved efficiency does not always translate into an improved bottom line. In his 1963 Harvard Business Review article Managing for Business Effectiveness, management guru Peter Drucker explains, “There is