Bill Waddell, famous lean expert and consultant, describes in a short talk the basics of Lean Accounting. It is always positive to see that leaders of various continuous improvement disciplines agree that an accounting and measurement system focused on real value and not artificial numbers is an essential component of effective management.
An example of a company that understand real value and effective metrics is ATC Trailers. You can understand their lean journey in this short video, and how they defined distinct value streams and eliminated waste to deliver products more quickly and profitably. End result: delighted customers, motivated employees and a growing company.
Are you using an adequate scorecard to manage and grow your business? Are you focusing on performing value added activities and eliminating waste?