Lean Thinking: Banish Waste and Create Wealth in Your Corporation
by: James P. Womack, Daniel T. Jones
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Amazon.com Review:
In the revised and updated edition of Lean Thinking: Banish Waste and Create Wealth in Your Corporation, authors James P. Womack and Daniel T. Jones provide a thoughtful expansion upon their value-based business system based on the Toyota model. Along the way they update their action plan in light of new research and the increasing globalization of manufacturing, and they revisit some of their key case studies (most of which still derive, however, from the automotive, aerospace, and other manufacturing industries).
The core of the lean model remains the same in the new edition. All businesses must define the "value" that they produce as the product that best suits customer needs. The leaders must then identify and clarify the "value stream," the nexus of actions to bring the product through problems solving, information management, and physical transformation tasks. Next, "lean enterprise" lines up suppliers with this value stream. "Flow" traces the product across departments. "Pull" then activates the flow as the business re-orients towards the pull of the customer's needs. Finally, with the company reengineered towards its core value in a flow process, the business re-orients towards "perfection," rooting out all the remaining muda (Japanese for "waste") in the system.
Despite the authors' claims to "actionable principles for creating lasting value in any business during any business conditions," the lean model is not demonstrated with broad applications in the service or retail industries. But those manager's whose needs resonate with those described in the Lean Thinking case studies will find a host of practical guidelines for streamlining their processes and achieving manufacturing efficiencies. --Patrick O'Kelley
Product Description:
An insightful look at the hottest new business trend from the authour of The Machine that Changed the World.
In their landmark book The Machine That Changed the World, James Womack and Daniel Jones, two of the top industrial analysts is the world, explained how companies can dramatically improve their performance through the "lean production" approach pioneered by Toyota. Lean Thinking extends these ideas to provide a rallying cry for today's corporate leaders.
After a decade of downsizing and reengineering, most companies in North America, Europe, and Japan are still stuck, searching for a formula for sustainable growth and success. The problem, as Womack and Jones explain in Lean Thinking, is that managers have lost sight of value for the customer and how to create it. What's needed is "lean thinking" -- a groundbreaking new mindset that is revolutionizing the way of the modern business world.
Using case studies of "lean" companies around the world who have energetically embraced leanness in pursuit of their own perfect enterprises, Womack and Jones explain this exciting new concept in fascinating detail.
Clearly demonstrating the simple ideas behind lean thinking that can breathe new life into any company in any industry. Lean Thinking offers a new way of thinking, being, and doing for the serious manager -- one that will change the world.
In the revised and updated edition of Lean Thinking: Banish Waste and Create Wealth in Your Corporation, authors James P. Womack and Daniel T. Jones provide a thoughtful expansion upon their value-based business system based on the Toyota model. Along the way they update their action plan in light of new research and the increasing globalization of manufacturing, and they revisit some of their key case studies (most of which still derive, however, from the automotive, aerospace, and other manufacturing industries).
The core of the lean model remains the same in the new edition. All businesses must define the "value" that they produce as the product that best suits customer needs. The leaders must then identify and clarify the "value stream," the nexus of actions to bring the product through problems solving, information management, and physical transformation tasks. Next, "lean enterprise" lines up suppliers with this value stream. "Flow" traces the product across departments. "Pull" then activates the flow as the business re-orients towards the pull of the customer's needs. Finally, with the company reengineered towards its core value in a flow process, the business re-orients towards "perfection," rooting out all the remaining muda (Japanese for "waste") in the system.
Despite the authors' claims to "actionable principles for creating lasting value in any business during any business conditions," the lean model is not demonstrated with broad applications in the service or retail industries. But those manager's whose needs resonate with those described in the Lean Thinking case studies will find a host of practical guidelines for streamlining their processes and achieving manufacturing efficiencies. --Patrick O'Kelley
Product Description:
An insightful look at the hottest new business trend from the authour of The Machine that Changed the World.
In their landmark book The Machine That Changed the World, James Womack and Daniel Jones, two of the top industrial analysts is the world, explained how companies can dramatically improve their performance through the "lean production" approach pioneered by Toyota. Lean Thinking extends these ideas to provide a rallying cry for today's corporate leaders.
After a decade of downsizing and reengineering, most companies in North America, Europe, and Japan are still stuck, searching for a formula for sustainable growth and success. The problem, as Womack and Jones explain in Lean Thinking, is that managers have lost sight of value for the customer and how to create it. What's needed is "lean thinking" -- a groundbreaking new mindset that is revolutionizing the way of the modern business world.
Using case studies of "lean" companies around the world who have energetically embraced leanness in pursuit of their own perfect enterprises, Womack and Jones explain this exciting new concept in fascinating detail.
Clearly demonstrating the simple ideas behind lean thinking that can breathe new life into any company in any industry. Lean Thinking offers a new way of thinking, being, and doing for the serious manager -- one that will change the world.
Alternate Versions:
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- Learning to See: Value Stream Mapping to Add Value and Eliminate MUDA
- The Machine That Changed the World: The Story of Lean Production-- Toyota's Secret Weapon in the Global Car Wars That Is Now Revolutionizing World Industry
- Lean Solutions: How Companies and Customers Can Create Value and Wealth Together
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Customer Reviews
Average Rating:
Rating: 
- Lean thinking
Incredible book. This should be mandatory reading for every business owner. If only I had this book 40 years ago.
Rating: - Useful reading through out the organizations
Lean Thinking is a very useful book as a reference material for a Bachelor/Master degree student or person already working, looking for information on LEAN.
Author's explains the concepts with good examples and approachable way making the partly difficult topic more reader friendly.
Book does not always provide clear answers yet challenges the reader to think and consider own approaches when basics is been understood.
As a business book, very enjoyable reading.
Rating: - For anyone interested in lean concepts, this is a great starting point
This is a great book for getting an introduction into lean concepts. Provides an overview of all the main points, provides good examples and even outlines a high level road map for implementing lean. Great book!
Rating: 
- tough, boring read
This was a tough book for me to read and, in fact, I'm still trying to get through it.As others have said the material is covered with generalities and lacks specifics.Perhaps its purpose is to explain the lean mindset which is fine but it is still a tough read.
Rating: - Lean Thinking
Excellent reading for an explanation of Lean from its history through a vision of what is to become with several well known companies as examples in implementation.
I hear the myth about Lean vs. union shops a lot, this book should dispel the rumor that Lean = job loss.
- Lean thinkingIncredible book. This should be mandatory reading for every business owner. If only I had this book 40 years ago.
- Useful reading through out the organizationsLean Thinking is a very useful book as a reference material for a Bachelor/Master degree student or person already working, looking for information on LEAN.
Author's explains the concepts with good examples and approachable way making the partly difficult topic more reader friendly.
Book does not always provide clear answers yet challenges the reader to think and consider own approaches when basics is been understood.
As a business book, very enjoyable reading.
- For anyone interested in lean concepts, this is a great starting pointThis is a great book for getting an introduction into lean concepts. Provides an overview of all the main points, provides good examples and even outlines a high level road map for implementing lean. Great book!
- tough, boring readThis was a tough book for me to read and, in fact, I'm still trying to get through it.As others have said the material is covered with generalities and lacks specifics.Perhaps its purpose is to explain the lean mindset which is fine but it is still a tough read.
- Lean ThinkingExcellent reading for an explanation of Lean from its history through a vision of what is to become with several well known companies as examples in implementation.
I hear the myth about Lean vs. union shops a lot, this book should dispel the rumor that Lean = job loss.
