Money to Burn? 7 Organizational Wastes of the Modern Enterprise

Can your organization afford to waste time, money and brain cells today?

It’s been decades since Taiichi Ohno of Toyota Production Systems identified 7 wastes in Lean Manufacturing. Let’s fast forward to the 21st century to explore a new spin on 7 wastes in the modern enterprise. These modern sources of enterprise waste sap the energy and resources of our organizations - making any business agility initiative longer, riskier, and more costly. Let's identify and eradicate these systemic enterprise wastes now.

 
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Outline/structure of the Session

1. The Winchester Mystery House - a metaphor for enterprise growth without regard for waste at the enterprise level

2. Taichi Ohno's Original List of 7 Wastes - a quick review

  • Transport
  • Inventory
  • Motion
  • Over Production
  • Over Processing
  • Defects
  • Human Potential

3. My Modern List of Enterprise-Level Wastes (it keeps evolving!)

  • Vision
  • Decision-Making
  • Communication
  • Measurement & Metrics
  • Culture
  • Mindset
  • Value Management

4. What's on YOUR list?

5. A Call to Action - can we afford not to address these wastes in the modern enterprise?

Learning Outcome

By the completion of this session, participants will

  • Understand how an enterprise's growth can provide rich opportunities for the organic growth of associated expensive waste
  • Recognize the impact of these enterprise level wastes on the speed and effectiveness of business agility initiatives
  • List 7 (or more) types of modern enterprise waste
  • Identify at least one area in their own organization meriting intentional work to minimize waste

Target Audience

Executives, Decision Makers, Change Agents, Leaders, Agile & Lean Practitioners

Prerequisite

None

schedule Submitted 3 weeks ago

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