“Lean” means “lean”. Lean management is a management method based on the reduction of costs and lead times, with the objective of achieving operational excellence. Nevertheless, it would be wrong to reduce lean management to a simple hunt for costs and losses. Unlike certain purely pyramidal methods implemented by managers, lean management is close to the ground and involves all the company’s employees.
The path to operational excellence lies with the employees and their workstations, as they are the ones who have the knowledge and inventiveness to eliminate waste, streamline production, help solve problems and ultimately improve the profitability of the company.
The Efficiency Paradox. Efficiency was the mantra of 20th century industry. If you could produce an equal or superior product for a lower price, chances were that you could win in the marketplace. So managers continually honed their operations to achieve maximum productivity at minimal cost.