Sunday, August 17, 2008

Value Stream Accounting for Lean

Just to finish off my Financial problems with Lean blog post about the financial problems with Lean.

I read the second half of How to Manage Through Worse Before Better the in the MIT Sloan Management Review and while it was interesting it didn’t give my any more great insights. Basically the second half answers the problem described in the first half.

And the answer is.... Value Stream Accounting. Yes it makes sense, yes it is good, and yes its accounting. Thus I found it a little bit boring and I’m not going to describe it here. If you want to know the details read it yourself. Sorry to be mean, I’m busy at the moment so things have to get my interest to get prioritised.