Business901

Lean Accounting provides the strategic tools for lean management by focusing on visual shop floor measures for Rapid Decision Making; coupled with management accounting tools for longer term planning. Lean accounting is an integral part of the lean management system, as well as a vital tool for strategic decision making. My guest on the Business901 Podcast this week was Ross Maynard, is a Senior Consultant with BMA Europe Ltd., and a Fellow of the Chartered Institute of Management Accountants. He has worked as a coach and consultant with a wide range of British and European organizations for over 20 years. He is the author of many articles on lean accounting and business improvement, and specializes in lean accounting, lean service, and process simulation and improvement. In the podcast we discussed how accountants need to become an integral part  of the other departments. No longer can accountants only relay past financial data. They need to participate in the Value Streams with real time numbers which will enable other departments to make quicker and more accurate decisions. Lean Accountants are spending more of their time on the shop floor these days. BMA Europe is the leading consulting firm for practical Lean Accounting and the management systems supporting the Lean enterprise. The foundations of Lean thinking are very different from those of traditional companies. Lean organizations need different approaches to accounting, control, measurement and management systems. BMA Europe Ltd. and sister firm BMA inc. have nearly 20 years experience in assisting organizations making the transition to becoming a Lean enterprise. P.S. These Lean Accountants must not be all that stuffy. The Lean Accounting Summit is this week in Las Vegas, NV. Related Website: Lean Accounting SuperGroup (The Meeting Place for Lean Management) Related Posts: Leading with Lean thru Accounting Unclear Customer Value leads to Failure Making your numbers meaningful with Throughput Accounting

Lean Accounting provides the strategic tools for lean management by focusing on visual shop floor measures for Rapid Decision Making; coupled with management accounting tools for longer term planning. Lean accounting is an integral part of the lean management system, as well as a vital tool for strategic decision making. My guest on the Business901 Podcast this week was Ross Maynard, is a Senior Consultant with BMA Europe Ltd., and a Fellow of the Chartered Institute of Management Accountants. He has worked as a coach and consultant with a wide range of British and European organizations for over 20 years. He is the author of many articles on lean accounting and business improvement, and specializes in lean accounting, lean service, and process simulation and improvement. In the podcast we discussed how accountants need to become an integral part  of the other departments. No longer can accountants only relay past financial data. They need to participate in the Value Streams with real time numbers which will enable other departments to make quicker and more accurate decisions. Lean Accountants are spending more of their time on the shop floor these days. BMA Europe is the leading consulting firm for practical Lean Accounting and the management systems supporting the Lean enterprise. The foundations of Lean thinking are very different from those of traditional companies. Lean organizations need different approaches to accounting, control, measurement and management systems. BMA Europe Ltd. and sister firm BMA inc. have nearly 20 years experience in assisting organizations making the transition to becoming a Lean enterprise. P.S. These Lean Accountants must not be all that stuffy. The Lean Accounting Summit is this week in Las Vegas, NV. Related Website: Lean Accounting SuperGroup (The Meeting Place for Lean Management) Related Posts: Leading with Lean thru Accounting Unclear Customer Value leads to Failure Making your numbers meaningful with Throughput Accounting

Lean Accounting provides the strategic tools for lean management by focusing on visual shop floor measures for Rapid Decision Making; coupled with management accounting tools for longer term planning. Lean accounting is an integral part of the lean management system, as well as a vital tool for strategic decision making. My guest on the Business901 Podcast this week was Ross Maynard, is a Senior Consultant with BMA Europe Ltd., and a Fellow of the Chartered Institute of Management Accountants. He has worked as a coach and consultant with a wide range of British and European organizations for over 20 years. He is the author of many articles on lean accounting and business improvement, and specializes in lean accounting, lean service, and process simulation and improvement. In the podcast we discussed how accountants need to become an integral part  of the other departments. No longer can accountants only relay past financial data. They need to participate in the Value Streams with real time numbers which will enable other departments to make quicker and more accurate decisions. Lean Accountants are spending more of their time on the shop floor these days. BMA Europe is the leading consulting firm for practical Lean Accounting and the management systems supporting the Lean enterprise. The foundations of Lean thinking are very different from those of traditional companies. Lean organizations need different approaches to accounting, control, measurement and management systems. BMA Europe Ltd. and sister firm BMA inc. have nearly 20 years experience in assisting organizations making the transition to becoming a Lean enterprise. P.S. These Lean Accountants must not be all that stuffy. The Lean Accounting Summit is this week in Las Vegas, NV. Related Website: Lean Accounting SuperGroup (The Meeting Place for Lean Management) Related Posts: Leading with Lean thru Accounting Unclear Customer Value leads to Failure Making your numbers meaningful with Throughput Accounting

Jim Huntzinger has over twenty years experience developing lean enterprises through system design and development, implementation, and guiding organizations both strategically and tactically through the transformation process. Currently he is the president and founder of the Lean Accounting Summit, TWI Summit, and Lean and Green Summit. The podcast is a good introduction to TWI and a current synapse on where it is at today. Huntzinger has also researched at length the evolution of manufacturing in the United States with an emphasis on lean's influence and development. He has researched and worked to re-deploy TWI (Training Within Industry) within industry and uncovered its tie with the Toyota Way. He is also developing the history of Ford’s Highland Park plant and its direct tie to Toyota’s business model and methods of operation. TWI Summit: Training Within Industry is needed more now, in this down economy, than ever before. It was in a time of crisis that TWI proved its worth more than 60 years ago, and leading organizations are turning to TWI again. Why? Get more done with less machines and manpower Improve quality, reduce scrap by achieving standard work across workers and shifts Reduce safety incidents Decrease training time, especially for temporary workers Reduce labor hours Reduce grievances Transfer knowledge from a skilled, retiring workforce to an unskilled, green workforce He authored the book, Lean Cost Management: Accounting for Lean by Establishing Flow , was a contributing author to Lean Accounting: Best Practices for Sustainable Integration , and has authored many articles including the ground-breaking article, Roots of Lean - Training Within Industry: The Origin of Kaizen. P.S. Jim is also a contributor to the Lean Edge. Related Posts: Kanban Communication Overcoming Resistance and Backsliding The Kaizen Event, A Critical Component of Xerox’s Customer Experience

Jim Huntzinger has over twenty years experience developing lean enterprises through system design and development, implementation, and guiding organizations both strategically and tactically through the transformation process. Currently he is the president and founder of the Lean Accounting Summit, TWI Summit, and Lean and Green Summit. The podcast is a good introduction to TWI and a current synapse on where it is at today. Huntzinger has also researched at length the evolution of manufacturing in the United States with an emphasis on lean's influence and development. He has researched and worked to re-deploy TWI (Training Within Industry) within industry and uncovered its tie with the Toyota Way. He is also developing the history of Ford’s Highland Park plant and its direct tie to Toyota’s business model and methods of operation. TWI Summit: Training Within Industry is needed more now, in this down economy, than ever before. It was in a time of crisis that TWI proved its worth more than 60 years ago, and leading organizations are turning to TWI again. Why? Get more done with less machines and manpower Improve quality, reduce scrap by achieving standard work across workers and shifts Reduce safety incidents Decrease training time, especially for temporary workers Reduce labor hours Reduce grievances Transfer knowledge from a skilled, retiring workforce to an unskilled, green workforce He authored the book, Lean Cost Management: Accounting for Lean by Establishing Flow , was a contributing author to Lean Accounting: Best Practices for Sustainable Integration , and has authored many articles including the ground-breaking article, Roots of Lean - Training Within Industry: The Origin of Kaizen. P.S. Jim is also a contributor to the Lean Edge. Related Posts: Kanban Communication Overcoming Resistance and Backsliding The Kaizen Event, A Critical Component of Xerox’s Customer Experience

Jim Huntzinger has over twenty years experience developing lean enterprises through system design and development, implementation, and guiding organizations both strategically and tactically through the transformation process. Currently he is the president and founder of the Lean Accounting Summit, TWI Summit, and Lean and Green Summit. The podcast is a good introduction to TWI and a current synapse on where it is at today. Huntzinger has also researched at length the evolution of manufacturing in the United States with an emphasis on lean's influence and development. He has researched and worked to re-deploy TWI (Training Within Industry) within industry and uncovered its tie with the Toyota Way. He is also developing the history of Ford’s Highland Park plant and its direct tie to Toyota’s business model and methods of operation. TWI Summit: Training Within Industry is needed more now, in this down economy, than ever before. It was in a time of crisis that TWI proved its worth more than 60 years ago, and leading organizations are turning to TWI again. Why? Get more done with less machines and manpower Improve quality, reduce scrap by achieving standard work across workers and shifts Reduce safety incidents Decrease training time, especially for temporary workers Reduce labor hours Reduce grievances Transfer knowledge from a skilled, retiring workforce to an unskilled, green workforce He authored the book, Lean Cost Management: Accounting for Lean by Establishing Flow , was a contributing author to Lean Accounting: Best Practices for Sustainable Integration , and has authored many articles including the ground-breaking article, Roots of Lean - Training Within Industry: The Origin of Kaizen. P.S. Jim is also a contributor to the Lean Edge. Related Posts: Kanban Communication Overcoming Resistance and Backsliding The Kaizen Event, A Critical Component of Xerox’s Customer Experience

Jim Huntzinger has over twenty years experience developing lean enterprises through system design and development, implementation, and guiding organizations both strategically and tactically through the transformation process. Currently he is the president and founder of the Lean Accounting Summit, TWI Summit, and Lean and Green Summit. The podcast was a great overview of Lean Accounting and we spent our time discussing the Why of it, not the how! He authored the book, Lean Cost Management: Accounting for Lean by Establishing Flow , was a contributing author to Lean Accounting: Best Practices for Sustainable Integration , and has authored many articles including the ground-breaking article, Roots of Lean - Training Within Industry: The Origin of Kaizen. September 21-22, 2010 6th Lean Accounting Summit...Lean Accounting Summit organizers have announced the dates for the 6th annual Summit as September 21-22, 2010. The Summit will again be held at the Red Rock Resort in Las Vegas. Who Attends the Summit? Join more than 500 top-level executives from across the globe for what has become THE catalyst for change in progressive, forward-thinking companies like Boeing, LaZBoy, Capital One, Buck Knives, Cummins Inc., Glad Manufacturing, Parker Hannifin, Wahl Clipper, The Wiremold Company, Textron Inc., and hundreds more, large and small, private and public. Join us and gain a competitive advantage! Related Posts: Making your numbers meaningful with Throughput Accounting Are you Fumbling thru your Value Stream? Customer Value is an Input to your Company, not an Output

Jim Huntzinger has over twenty years experience developing lean enterprises through system design and development, implementation, and guiding organizations both strategically and tactically through the transformation process. Currently he is the president and founder of the Lean Accounting Summit, TWI Summit, and Lean and Green Summit. The podcast was a great overview of Lean Accounting and we spent our time discussing the Why of it, not the how! He authored the book, Lean Cost Management: Accounting for Lean by Establishing Flow , was a contributing author to Lean Accounting: Best Practices for Sustainable Integration , and has authored many articles including the ground-breaking article, Roots of Lean - Training Within Industry: The Origin of Kaizen. September 21-22, 2010 6th Lean Accounting Summit...Lean Accounting Summit organizers have announced the dates for the 6th annual Summit as September 21-22, 2010. The Summit will again be held at the Red Rock Resort in Las Vegas. Who Attends the Summit? Join more than 500 top-level executives from across the globe for what has become THE catalyst for change in progressive, forward-thinking companies like Boeing, LaZBoy, Capital One, Buck Knives, Cummins Inc., Glad Manufacturing, Parker Hannifin, Wahl Clipper, The Wiremold Company, Textron Inc., and hundreds more, large and small, private and public. Join us and gain a competitive advantage! Related Posts: Making your numbers meaningful with Throughput Accounting Are you Fumbling thru your Value Stream? Customer Value is an Input to your Company, not an Output

Jim Huntzinger has over twenty years experience developing lean enterprises through system design and development, implementation, and guiding organizations both strategically and tactically through the transformation process. Currently he is the president and founder of the Lean Accounting Summit, TWI Summit, and Lean and Green Summit. The podcast was a great overview of Lean Accounting and we spent our time discussing the Why of it, not the how! He authored the book, Lean Cost Management: Accounting for Lean by Establishing Flow , was a contributing author to Lean Accounting: Best Practices for Sustainable Integration , and has authored many articles including the ground-breaking article, Roots of Lean - Training Within Industry: The Origin of Kaizen. September 21-22, 2010 6th Lean Accounting Summit...Lean Accounting Summit organizers have announced the dates for the 6th annual Summit as September 21-22, 2010. The Summit will again be held at the Red Rock Resort in Las Vegas. Who Attends the Summit? Join more than 500 top-level executives from across the globe for what has become THE catalyst for change in progressive, forward-thinking companies like Boeing, LaZBoy, Capital One, Buck Knives, Cummins Inc., Glad Manufacturing, Parker Hannifin, Wahl Clipper, The Wiremold Company, Textron Inc., and hundreds more, large and small, private and public. Join us and gain a competitive advantage! Related Posts: Making your numbers meaningful with Throughput Accounting Are you Fumbling thru your Value Stream? Customer Value is an Input to your Company, not an Output

The Business901 Podcast featured John Arthur Ricketts, a distinguished engineer at IBM Corporate Headquarters. As a consulting partner and technical executive, he has dealt with many services management issues, including those faced by clients in their own services businesses. His work in applied analytics led him to become a focal point on Theory of Constraints (TOC), and then to delve deeply into its potential for services management. John is very informative with a practical approach to applying TOC to services. I believe anyone involved in continuous improvement field will benefit from this podcast. John is also a practitioner and innovator in the field of Theory of Constraints. His book, Reaching The Goal: How Managers Improve a Services Business Using Goldratt's Theory of Constraints , was published in 2008 by IBM Press. Reviewers on Amazon.com soon gave it a five-star rating. And Dr. Eli Goldratt, founder of the Theory of Constraints, said it’s one of the best books ever written on TOC. John is also the author of "Theory of Constraints in Professional, Scientific, and Technical Services (Chapter 29 of Theory of Constraints Handbook) ,” a chapter in the Theory of Constraints Handbook published in 2010. Related Posts: Your Internal Marketing Constraint is still Important Quickest way to deal with a Marketing Constraint, Slice it! Problem Solving – Think 3, Not 5 Improve throughput, cut your customers in half!

The Business901 Podcast featured John Arthur Ricketts, a distinguished engineer at IBM Corporate Headquarters. As a consulting partner and technical executive, he has dealt with many services management issues, including those faced by clients in their own services businesses. His work in applied analytics led him to become a focal point on Theory of Constraints (TOC), and then to delve deeply into its potential for services management. John is very informative with a practical approach to applying TOC to services. I believe anyone involved in continuous improvement field will benefit from this podcast. John is also a practitioner and innovator in the field of Theory of Constraints. His book, Reaching The Goal: How Managers Improve a Services Business Using Goldratt's Theory of Constraints , was published in 2008 by IBM Press. Reviewers on Amazon.com soon gave it a five-star rating. And Dr. Eli Goldratt, founder of the Theory of Constraints, said it’s one of the best books ever written on TOC. John is also the author of "Theory of Constraints in Professional, Scientific, and Technical Services (Chapter 29 of Theory of Constraints Handbook) ,” a chapter in the Theory of Constraints Handbook published in 2010. Related Posts: Your Internal Marketing Constraint is still Important Quickest way to deal with a Marketing Constraint, Slice it! Problem Solving – Think 3, Not 5 Improve throughput, cut your customers in half!

The Business901 Podcast featured John Arthur Ricketts, a distinguished engineer at IBM Corporate Headquarters. As a consulting partner and technical executive, he has dealt with many services management issues, including those faced by clients in their own services businesses. His work in applied analytics led him to become a focal point on Theory of Constraints (TOC), and then to delve deeply into its potential for services management. John is very informative with a practical approach to applying TOC to services. I believe anyone involved in continuous improvement field will benefit from this podcast. John is also a practitioner and innovator in the field of Theory of Constraints. His book, Reaching The Goal: How Managers Improve a Services Business Using Goldratt's Theory of Constraints , was published in 2008 by IBM Press. Reviewers on Amazon.com soon gave it a five-star rating. And Dr. Eli Goldratt, founder of the Theory of Constraints, said it’s one of the best books ever written on TOC. John is also the author of "Theory of Constraints in Professional, Scientific, and Technical Services (Chapter 29 of Theory of Constraints Handbook) ,” a chapter in the Theory of Constraints Handbook published in 2010. Related Posts: Your Internal Marketing Constraint is still Important Quickest way to deal with a Marketing Constraint, Slice it! Problem Solving – Think 3, Not 5 Improve throughput, cut your customers in half!

Dr. Charlene Spoede Budd was my guest on the Business901 Podcast and as you would expect our discussion was about The Theory of Constraints Through-put Accounting and the application of the knowledge that we gain from this information. We discussed the use of accounting throughout the organization for developing predictive measures versus reactive. This is not your regular accounting discussion. Dr. Budd was a contributor to the recent Theory of Constraints Handbook on two separate subjects: Traditional Measures in Finance and Accounting, Problems, Literature Review, and TOC Measures (Chapter 13 of Theory of Constraints Handbook) A Critical Chain Project Management Primer (Chapter 3 of Theory of Constraints Handbook) Charlene Spoede Budd is a Professor Emeritus from Baylor University, where she taught management accounting and project management classes for a number of years. She is certified in all areas of the Theory of Constraints and is the Chair of the Finance and Metrics Committee of the Theory of Constraints International Certification Organization. Her research has been published primarily in practitioner journals and she has been awarded three Certificates of Merit for articles published in Strategic Finance. Dr. Budd has co-authored two accounting textbooks with her most recent book, A Practical Guide to Earned Value Project Management. Related Posts: Six Sigma a great companion to marketing Use Intuition or Six Sigma for your Marketing Data? Theory of Constraints Roundup

Dr. Charlene Spoede Budd was my guest on the Business901 Podcast and as you would expect our discussion was about The Theory of Constraints Through-put Accounting and the application of the knowledge that we gain from this information. We discussed the use of accounting throughout the organization for developing predictive measures versus reactive. This is not your regular accounting discussion. Dr. Budd was a contributor to the recent Theory of Constraints Handbook on two separate subjects: Traditional Measures in Finance and Accounting, Problems, Literature Review, and TOC Measures (Chapter 13 of Theory of Constraints Handbook) A Critical Chain Project Management Primer (Chapter 3 of Theory of Constraints Handbook) Charlene Spoede Budd is a Professor Emeritus from Baylor University, where she taught management accounting and project management classes for a number of years. She is certified in all areas of the Theory of Constraints and is the Chair of the Finance and Metrics Committee of the Theory of Constraints International Certification Organization. Her research has been published primarily in practitioner journals and she has been awarded three Certificates of Merit for articles published in Strategic Finance. Dr. Budd has co-authored two accounting textbooks with her most recent book, A Practical Guide to Earned Value Project Management. Related Posts: Six Sigma a great companion to marketing Use Intuition or Six Sigma for your Marketing Data? Theory of Constraints Roundup

Dr. Charlene Spoede Budd was my guest on the Business901 Podcast and as you would expect our discussion was about The Theory of Constraints Through-put Accounting and the application of the knowledge that we gain from this information. We discussed the use of accounting throughout the organization for developing predictive measures versus reactive. This is not your regular accounting discussion. Dr. Budd was a contributor to the recent Theory of Constraints Handbook on two separate subjects: Traditional Measures in Finance and Accounting, Problems, Literature Review, and TOC Measures (Chapter 13 of Theory of Constraints Handbook) A Critical Chain Project Management Primer (Chapter 3 of Theory of Constraints Handbook) Charlene Spoede Budd is a Professor Emeritus from Baylor University, where she taught management accounting and project management classes for a number of years. She is certified in all areas of the Theory of Constraints and is the Chair of the Finance and Metrics Committee of the Theory of Constraints International Certification Organization. Her research has been published primarily in practitioner journals and she has been awarded three Certificates of Merit for articles published in Strategic Finance. Dr. Budd has co-authored two accounting textbooks with her most recent book, A Practical Guide to Earned Value Project Management. Related Posts: Six Sigma a great companion to marketing Use Intuition or Six Sigma for your Marketing Data? Theory of Constraints Roundup