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We have categorized 59 documents as Lean. There are 19 documents listed on this page.

Lean Management is a management philosophy based on the Toyota Production System (TPS). This management philosophy was coined "Lean" only in the 1990s. The objective of Lean Thinking is to eliminate everything that does not add value (i.e. "waste") from the customer's perspective; and on maximizing value for customers, in order to improve efficiency, quality, and overall performance.

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Flevy Management Insights: Lean


Lean Management is a management philosophy based on the Toyota Production System (TPS). This management philosophy was coined "Lean" only in the 1990s. The objective of Lean Thinking is to eliminate everything that does not add value (i.e. "waste") from the customer's perspective; and on maximizing value for customers, in order to improve efficiency, quality, and overall performance.

The core principles of Lean include:

There is a vast inventory of Lean techniques and tools available, which have been established and tested with numerous case studies. Examples of Lean frameworks include Value Stream Mapping (VSM), 5S, Kanban, Kaizen, Poka Yoke, Gemba Walk, Hoshin Kanri, Plan-Do-Check-Act (PDCA), Root Cause Analysis (RCA), Heijunka, etc.

We have also published an in-depth article on Lean Management, which breaks the 8 types of waste and other foundational Lean concepts.

For effective implementation, take a look at these Lean best practices:

Related Flevy Management Insights

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