Tag Archives: Standard Cost

Time for Leadership – How Standard Costs Impact Company Behavior

There are many things wrong with using standard costing in an Lean company, but perhaps the most dangerous is when standard costing actually drives a company’s behavior in a way that makes Lean unworkable.  Here is an example: Recently, I … Continue reading

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Standard Costing Debunked – Part 4: So Long, Standard Costing!

Throughout most of this year, I’ve been leading up to this – as I’ve written about the issues facing CFO’s in Lean companies. About why standard costing just doesn’t work for companies that are Lean. And why Lean Accounting offers … Continue reading

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Standard Costing Debunked – Part 3: Labor Costs

Throughout most of this year,  I’ve been leading up to this – as I’ve written about the issues facing CFO’s in Lean companies.  About why standard costing just doesn’t work for companies that are Lean.  And why Lean Accounting offers … Continue reading

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