Financially Simple

In episode 117 of Financially Simple, Justin gives an overview of what Lean Management is and how it applies to both Manufacturing and Service Businesses. Lean Management and Continuous Improvement can be thought of as the structure of a Business, with foundations, supporting levels and columns of processes and principles that hold up the success fundamentals of the Business. Justin goes over the different levels of this Lean structure, explaining how each matters in your Business. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! TIME INDEX: 00:21 - What is Lean Management and Continuous Improvement? 01:40 - Lean in Manufacturing 03:28 - Lean in Services 03:39 - The Structure of Lean 04:50 - The Foundations 06:32 - Manage by Fact 07:32 - Workplace Organisation and Visual Management 08:22 - Standardized and Stable Processes 09:58 - The Three Pillars 10:15 - Delivery 12:04 - Environmental 13:17 - Quality 15:15 - People and Teamwork 15:31 - Sustainable Contin