Monthly Archives: December 2013

Using Value Stream Costing for Root Cause Analysis

Value Stream Costing (VSC) is often misunderstood when it’s introduced into a business. First reactions to VSC often are based on incorrect or incomplete beliefs about VSC.  The purpose of value stream costing is to get all employees focused on … Continue reading

Posted in Lean Accounting, Uncategorized | Tagged , , , | 1 Comment

Why Lean Performance Measurements? – PART II: Keep the Faith

WHY STRATEGIC MEASUREMENTS? Everyone’s measurements must drive lean thinking at every level. There are at least three levels of measurements: The purpose of strategic measurements is for senior managers to monitor the success of the company’s business strategy and take … Continue reading

Posted in Lean Accounting, Performance Measures, Strategy | Tagged , , , , , | Leave a comment