Category Archives: Performance Measures

Why Measuring Efficiency is Anti-Lean

The measurement of people’s efficiency has a long history in manufacturing industries. The design and production engineers calculate the time required to manufacture a product or batch of products. Each time the product is made, the “actual time” is measured … Continue reading

Posted in Cautionary Tales, Continuous Improvement, Industry, Lean Accounting, Management Accounting, Performance Measures, Process Control, Team Work, Uncategorized | Tagged , , , , , , , | 10 Comments

You Get What You Measure. Measure Right

There is a lot of truth in the old adage “what you measure is what you get”. This is certainly true for industrial companies and most other organizations. As you progress with your lean journey you will soon find that … Continue reading

Posted in Industry, Lean Accounting, Lean Management System, Lean Management System Series, Performance Measures, Strategy, Uncategorized | Tagged | Leave a comment

Lean Accounting Attributes

Posted in Economics of Lean, Financial Accounting, Lean Accounting, Management Accounting, Performance Measures, Product Costs, Transaction SImplification, Uncategorized | Tagged , , , , , , | Leave a comment