The waste of human potential is often described as the eighth waste of lean (in addition to the seven we’ve previously covered). The waste of human potential is likely the most costly form of waste in most companies today. Human potential is wasted when employers have employees do meaningless tasks and functions (such as with…
In our last post in our series on lean, we introduced the seven wastes. Why does waste matter? Waste matters for a number of reasons, though the top three for me are listed below: It’s damaging to the environment It’s expensive It’s slow It wastes human lives and potential I’m going to cover the first…
We’ve previously discussed the importance of focusing on value creation. I like to think of value creation as the importance of rendering service to another human where profit is the thing that lets you do it again. From there, we discussed the entire value stream and the importance of ensuring that your value stream flows…
Daniel Diffenderfer 