Articles on Accounting & Finance

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Taking lean to the highest level

By | on 26, May 2014 |   Culture & Leadership Supply Chain Miscellaneous Strategy Accounting & Finance Execution Tools

For those who don’t know my consulting practice for the last few years has been dedicated almost exclusively to working with companies ready to go beyond lean tools and take the plunge – formally stru[...]

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And they think inventory is an asset ...

By | on 21, May 2014 |   Supply Chain Strategy Accounting & Finance

Two stories from the auto industry in recent days:

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Looking great from one angle anyway

By | on 15, May 2014 |   Supply Chain Accounting & Finance Execution Tools

Comedian Tim Allen once said that the reason women take so much longer than men to get ready to go out is because women will take the time to look at themselves in the mirror from every possible angle[...]

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The GM Toyota Rating Scale

By | on 13, May 2014 |   Supply Chain Accounting & Finance

In a survey of suppliers on their working relationships with the six major U.S. auto makers – Toyota, Honda, Nissan, Ford, Chrysler and GM – GM scored the worst. But of course they did. They are GM an[...]

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Lean Accounting and Traditional Accounting Compared Part 7 – External Reporting

By | on 27, Mar 2013 |   Accounting & Finance

It is common for financial people within companies where I go to question this proposition (sometimes vehemently!)

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Lean Accounting and Traditional Accounting Compared Part 6 – Financial Reporting

By | on 27, Feb 2013 |   Accounting & Finance

One of the most important tasks for Lean Accounting is to provide useful financial reporting for people within the company.

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Lean Accounting & Traditional Accounting Compared Part 5 – Process Organization

By | on 20, Feb 2013 |   Accounting & Finance

Many of you will have discovered that lean companies think differently.

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Lean Accounting and Traditional Accounting Compared Part 4 – Lean Culture Integration

By | on 12, Feb 2013 |   Accounting & Finance

We are working our way around my mind map (See below.) So far, it’s been a good “compare and contrast” exercise for me. I hope so for you as well. This time, our topic centers on Lean culture and how [...]

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Lean Accounting and Traditional Accounting Compared Part 3 – PERFORMANCE MEASURES

By | on 06, Feb 2013 |   Accounting & Finance

Continuing my blog series taking a deep look at how and why Lean Accounting differs radically from traditional accounting. Once again, I’ll show how each approach does or does not support Lean Princip[...]

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