EBITDA

The impact of lean on the financial performance of an SME

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“typically 3 years after the beginning of the transformation businesses will have the opportunity to dramatically outperform their non-lean industry peers.

 

management should learn to see the methodology as a #Strategy rather than a set of tools, and framing the transformation as the development of a system for continuous improvement and learning rather than the simple improvement of processes.”

link to article here:

https://planet-lean.com/financial-performance-sme-research

from “Command and Control” to “Orient and Support”

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“last year our EBITDA grew by 44% versus the previous year; a key part of this result comes from better teamwork within the executive team.”

“One of the main missions of a CEO is to build teamwork in the company, and this must start with the Executive Committee”

“realize as a CEO that you’re more useful as organizing conditions for teamwork than being the one who knows everything and decides everything.”

full read: https://www.lean.org/LeanPost/Posting.cfm?LeanPostId=1092