The Obstacle To Lean Accounting
6 August 2009
The big problem with lean accounting is that, for the most part, we are incapable of dealing with reality - and I don't mean accounting's ina…
The End of the Quarter Shuffle
5 August 2009
When Norm Bodek and I wrote Rebirth, we included a chapter called "The End of the Quarter Shuffle", describing the lengths public companies…
The New "Short Term": 30 Milliseconds
28 July 2009
We often rail against the short-term perspective by traditional investors, especially when lean manufacturing transformations can take years. Financia…
Cash Is Right On The Money
27 July 2009
More years ago than I care to admit, I was first trying to get my arms around what Toyota was doing - we knew it as JIT back in those murky days befor…
Lean Is Not As Simple As ABC
24 July 2009
My last post warned against ignoring a 1980's idea - Eli Goldratt's Theory of Constraints. You don't want to hang on to everything from th…
Boeing's About Face Runs Smack Into Traditional Accounting
8 July 2009
Just the other day I told you how Boeing has apparently learned a lesson and is making an about-face on its outsourcing strategy by buying the assembl…
Lean Accounting Is The Key
7 July 2009
You may have noticed that the pace of my writing slowed over the last few weeks as the demand for my one day assessments took me to North Carolina, Te…
And On And On We Go
2 April 2009
For those who haven't dug into lean deeply enough to understand how accounting is the real problem, and Lean Accounting is an absolute prerequisit…