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Lean Management Token (LEAN) ICO coming in 1 week !

13 Oct 2021 1 minute read 0 comments The Unknown

The LEAN project, based on the Student Coin ecosystem, will have its ICO in one week, on October 20th! Here are the details of this ICO which will take place in one round only with a stable price per token of $0.8. You may already own LEANs thanks t...

The State of Being Lean or Fat is a Matter of Your Own Choice

28 Feb 2021 2 minute read 0 comments MohdBarakat

Being lean or fat for an organization is an outcome of its own internal practices. Likewise, the transformation process from one state to the other can be achieved at its own discretion. However, not all fat-lean transformations are healthy. Amongst...

DOWNTIME: The Eight Types of Waste

27 Feb 2021 3 minute read 0 comments MohdBarakat

The difference between a lean and a fat organization is waste. Lean + Waste = Fat, if you will. Hence, for an organization to transform into a lean state it should trim as much waste as possible. But, what is Waste anyways? and what variant shapes co...

Waste Elimination Using The Seven M’s of Management

26 Feb 2021 2 minute read 0 comments MohdBarakat

Rooting out process or system wastes along with their causes is a key step for effective fat-to-lean transformation endeavor. A handful of Root Cause Analysis (RCA) tools can be used to eliminate wastes. However, institutionalizing a waste eliminatio...

Hunting High and Low for Quick Wins Using Kaizen Blitz

25 Feb 2021 5 minute read 0 comments MohdBarakat

An environment where people have to think brings with it wisdom, and this wisdom brings with it Kaizen (continuous improvement).– Teruyuki Minoura, former President and CEO of Toyota Motor Manufacturing Traditional continuous improvement projects ar...

Cost of Poor Quality: A Silent Killer in the Organization’s Body

24 Feb 2021 4 minute read 0 comments MohdBarakat

Boosting product or service offering with optimized cost is a strategic objective of most manufacturing and service industries in the world. Nevertheless, tactics to achieve this objective range from shortsighted organizational downsizing and payroll...