article thumbnail

Agile Beyond IT: Lean Thinking

The IIL Blog

It traces its roots to Lean, which is also foundational to other modern management theories. Lean’s primary focus is delivering value quickly and eliminating waste. Toyota was a Lean pioneer. Lean is a set of principles. The “House of Lean” is often used as a metaphor. Value Value is the roof of our House of Lean.

Lean 128
article thumbnail

What Is Lean Manufacturing?

ProjectManager.com

Lean manufacturing addresses one of the worst things that can happen to any enterprise: waste. This insistence on eliminating waste is where the idea of lean as a management system developed. Called lean manufacturing or lean production, the truth is that the lessons learned from this methodology can be universally applied.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is Lean Portfolio Management? Primary Focus | Objectives

Agilemania

LPM also known as Lean Portfolio management, refers to how senior leadership uses lean principles and systems thinking approaches to align strategy with execution. Incorporating agile and lean portfolio management offer a path to improving business agility. What Are The Objectives Of Lean Portfolio Management?

Lean 98
article thumbnail

Why perfect is the enemy of good - using lean change to apply agile in context

Scrum.org

Why perfect is the enemy of good - using lean change to apply agile in context. The senior execs that we work with in banks, financial organisations and asset management firms are massively time-poor, operating in lean resource environments.

Lean 198
article thumbnail

100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Find a term you want defined that isn’t on this project management glossary? Business Plan A formal document that clearly defines the business goals of a project and how to attain them. It helps to model the maturity of the capability of business process by defining steps and managing result metrics to optimize the process.

article thumbnail

How To Make 2023 A Successful Year for Your Projects

Rebel’s Guide to PM

Mark Phillips runs a consultancy focused on high performing projects. XP, scrum, lean, etc.) Second, the use of lean and agile tools and methodologies beyond IT, software and manufacturing. Visual, lean tools that truly engage all team members are going to become essential. First, virtual teams are becoming the norm.

2023 404
article thumbnail

Continuous Improvement: A Quick Guide

ProjectManager.com

His work would inspire methodologies such as just-in-time manufacturing (JIT) , lean manufacturing and kaizen. Continuous Improvement and Lean Manufacturing Lean manufacturing focuses on identifying value, value stream mapping, creating flow, establishing pull and continuous improvement.