Regardless of economic conditions–recession or boom–organizations must continuously sharpen their competitive edge. This can be achieved through Lean Management principles focused on Cost Reduction, specifically targeting the elimination of non-value-added (NVA) activities or waste within value stream processes. Be Lean In the Lean Management philosophy, all activities in an organization are grouped into two categories: […]
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Sustainable Tourism
Tourism contributes enormously to economy and financial growth of tourist destinations across the globe. The sector was providing jobs to around 260 million people and contributing to over 10% in global GDP, based on 2010 numbers. These numbers are growing and will continue to so in future. However, these financial benefits do not occur without […]
