Lean Accounting, Fat Problem? A Critical Analysis of Lean Accounting’s Value

Lean Maturity, Lean Sustainability

Although lean is rapidly growing in popularity, its implementation is far from problem free and companies may experience difficulties sustaining long term success. In this paper, it is suggested that sustainable lean requires attention to both performance improvement and capability development. A framework for describing levels of lean capability is presented, based on a brief review of the lit...

Implementation of a Lean Model for Carrying out Value Stream Mapping in a Manufacturing Industry

Value Stream Mapping technique involves flowcharting the steps, activities, material flows, communications, and other process elements that are involved with a process or transformation. In this respect, Value stream mapping helps an organization to identify the non-value-adding elements in a targeted process and brings a product or a group of products that use the same resources through the ma...

A New Cost Management & Accounting Approach For Lean Enterprises

The adoption of lean principles and practices has become widespread in many industries since the early 1990’s. Companies are now beginning to realise that traditional costing and accounting methods may conflict with the lean initiatives they are implementing. Consequently, important research questions are being raised. Is a new cost management and accounting approach required for companies that...

More Lean, Less Fat With Clenbuterol

Weight and wages: fat versus lean paychecks.

Past empirical work has shown a negative relationship between the body mass index (BMI) and wages in most cases. We improve on this work by allowing the marginal effect of non-linear BMI groups to vary by gender, age, and type of interpersonal relationships required in each occupation. We use the National Longitudinal Survey of Youth 1979 (1982-1998). We find that the often-reported negative re...