Defining Lean: What is it?

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Information about Defining Lean: What is it?

Published on March 6, 2014

Author: nikospala



A short introduction to Lean Thinking, based on my personal interpretation of the approach!

Nikos Palavitsinis, Agro-Know

 a production practice that considers the expenditure of resources for any goal other than the creation of value for the end customer to be wasteful, and thus a target for elimination

 1884 - First company to be operated by rules similar to today’s corporations  Dutch East India Company  1908 - Harvard Business School was the first program in the world to offer the Master of Business Administration degree.

 For some 80 years, students were educated on how to “run” a company  Marketing, management, logistics, human resources, finance, etc.  But for companies that were already big  What happens with smaller ones?

 Start-ups are NOT smaller versions of a bigger company…  As such, they should not be trying to create value with the same techniques or tools  They operate in a highly risky, ever changing environment, with limited resources

  It all started with a course given by Steven Blank And it evolved into…  Business Model Generation, Alex Osterwalder  The Lean Start-up, Eric Ries  Running Lean, Ash Maurya

 A start-up is a human institution designed to create something new in the face of uncertainty with limited resources to do so  Learning does NOT justify failure…  If you cannot measure it, I don’t care…  Getting out of the building is good…

 Are you working in a start-up?  Limited resources – check  Great uncertainty – check  Small group of talented humans – check  Maybe your are kind of doing lean already…

 Do you follow all or some of these steps?

Stop Learning, Start Thinking!

 Drop me a line @  Let’s discuss about it…  There are lots of thinking to do for all of us…

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