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Defining Lean: What is it?
 

Defining Lean: What is it?

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A short introduction to Lean Thinking, based on my personal interpretation of the approach!

A short introduction to Lean Thinking, based on my personal interpretation of the approach!

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    Defining Lean: What is it? Defining Lean: What is it? Presentation Transcript

    • Nikos Palavitsinis, Agro-Know
    •  a production practice that considers the expenditure of resources for any goal other than the creation of value for the end customer to be wasteful, and thus a target for elimination
    •  1884 - First company to be operated by rules similar to today’s corporations  Dutch East India Company  1908 - Harvard Business School was the first program in the world to offer the Master of Business Administration degree.
    •  For some 80 years, students were educated on how to “run” a company  Marketing, management, logistics, human resources, finance, etc.  But for companies that were already big  What happens with smaller ones?
    •  Start-ups are NOT smaller versions of a bigger company…  As such, they should not be trying to create value with the same techniques or tools  They operate in a highly risky, ever changing environment, with limited resources
    •   It all started with a course given by Steven Blank And it evolved into…  Business Model Generation, Alex Osterwalder  The Lean Start-up, Eric Ries  Running Lean, Ash Maurya
    •  A start-up is a human institution designed to create something new in the face of uncertainty with limited resources to do so  Learning does NOT justify failure…  If you cannot measure it, I don’t care…  Getting out of the building is good…
    •  Are you working in a start-up?  Limited resources – check  Great uncertainty – check  Small group of talented humans – check  Maybe your are kind of doing lean already…
    •  Do you follow all or some of these steps?
    • Stop Learning, Start Thinking!
    •  Drop me a line @ palavitsinis@gmail.com  Let’s discuss about it…  There are lots of thinking to do for all of us…