People & Culture

118 posts

Lowering The Water Level

10 July 2007

Toyota calls it “lowering the water level.” Imagine a value stream or a production process as a river.  Reducing the inventory in the process – “lowe…

Chairs of the Month?

23 May 2007

The following is from one of my favorite blogs, This Is Broken.  I won't go into a long verbose analysis of what it could mean, as it is probably…

No Muda in Aisle 7

9 April 2007

The furor surrounding executive pay usually centers on either the (gross) disconnect between performance and pay or the somewhat vaguer feeling that i…

The Value in Jobs

27 March 2007

Don Boudreaux over at Cafe Hayek, one of my favorite blogs, had a post yesterday titled Creating Value.  It is ostensibly an introduction to a new boo…