3 Lean game-changing principles for lasting success that companies underestimate.
In the corporate world, there’s often a noticeable rush towards short-term gains.
It’s understandable, given the pressure to meet shareholder demands and the quarterly financial cycle.
However, this myopic vision often overlooks one critical factor — the power of long-lasting success.
The secret doesn’t lie in the next big thing or an elusive silver bullet but rather in a familiar area that many ironically underestimate — lean management.
It invokes an image of a well-oiled machine, with every cog and gear working in perfect harmony.
But is it really that simple?
Can organizations pivot from short-term thinking to a more sustained growth methodology?
Believe it or not, it’s more achievable than it seems, all thanks to three defining principles of lean management that have stood the test of time, governing the success of lean companies globally.
If your organization’s true north is achieving lasting success and resilience in the market, then sit tight and let’s unravel each of these principles.
Principle 1: The Power of Standardized Work
Lean companies have a distinct respect for standardizing their work processes.
This principle, often viewed as restrictive by organizations fixated on short-term gains, is actually a cornerstone for success in lean companies.
Imagine a world-renowned symphony orchestra, where each musician masters their instrument and perfectly synchronizes with the others.
They all follow a standardized set of musical notes — the written standard — ensuring harmony.
This analogy rings true for lean companies that utilize standardization for increased efficiency and improved results.
- Start by identifying key activities in your organization and define processes for standardization.