Peter Desloge, CEO of Watlow, which encourages everyone, including workers, to innovate.
traditional #accounting methods focuses on short term results & don’t recognize the gains achieved
Full article here:
Lean Accounting Is Simpler, Faster, Cheaper, and More Accurate Than Traditional Management Accounting, so Why Don’t More Companies Use It?
“To sustain a lean transformation, top executive and financial managers must know how to transform traditional accounting practices to a new system that not only is lean itself but also supports lean practices.”