Lean Organization Notes: Definitions & Explanations PDF | Download eBooks
Study Lean Organization lecture notes PDF with strategic management definitions and explanation to study “What is Lean Organization?”. Study lean organization explanation with strategic management terms to review strategic management course for online MBA programs.
Lean Organization Definition:
An organization that understands what customers want, identifies customer value by analyzing all activities required to produce products, and then optimizes the entire process from the customer's perspective.
Management by Stephen P. Robbins, Mary A. Coulter
Lean Organization Notes:
A lean organization structure is a structure that is intended to make more client worth utilizing less assets than a customary hierarchical structure. The objective for all individuals from an association that uses a lean structure is to continually discover approaches to improve the procedures of the association and to make the association increasingly productive. A lean association is focused on its clients and attempts to limit squander by concentrating the majority of its assets on delivering the most ideal incentive for clients. Speculations are deliberately considered and possibly made when plainly a long haul monetary bit of leeway exists in doing as such. Cushion is removed until all that is left are divisions and representatives who straightforwardly influence the completed item. Any association can be made lean as long as the association's central goal stays in clear center.
Keep Learning with Strategic Management Notes
What is International Diversification?
International diversification is a gathering of speculation resources that spotlights on protections from remote markets instead of local ones. A ...
What is Decentralization?
Decentralization is the procedure by which the exercises of an association, especially those with respect to arranging and basic leadership, ...
What is Rule?
Legitimate proclamation of what to do or not to do in a particular circumstance, issued by a fitting individual or ...
What are Short-Term Plans?
Short term plans takes a gander at the qualities of the organization in the present and creates systems for improving ...
What is Takeover?
A takeover happens when one organization makes an offer to accept control of or get another, regularly by obtaining a ...
What is Personality?
Character is characterized as the trademark set of practices, comprehensions, and enthusiastic examples that develop from organic and natural variables. ...