Lean Compendium

Partial replacement of manual labor by machines. The savings in labor, however, is not to the extent of saving on unit of manpower. (See also Manpower Savings).

Leadership means controlling cooperation, social action and creating optimal motivational conditions.

The time it takes to manufacture a single product, starting with the sales order and ending with delivery.(Source: TBM Consulting Group http://www.tbmcg.com/de/about/ terminology.php)

Leadership is to be understood as the goal-related influencing of employees' behavior. The project manager is responsible for ensuring that the task assigned to him and his project staff is completed or that the set goal is achieved.

This leadership concept provides that the different leadership tasks of a team are taken over by two persons, a relationship specialist and a task specialist. Thus, the permanent balance between internal cohesion of the work group and its performance is to be maintained. (Source: Schneider: Encyclopedia on Team and Teamwork)

Leadership principles are the written definition of the general leadership tasks that apply to managers and employees alike. The management principles describe the spirit of management and thus encompass the corporate principles and objectives from which an optimal management organization is derived. Leadership principles provide the basis for the overall assessment of managers at all levels with regard to the fulfillment of their leadership tasks.

The quality of leadership usually determines success or failure - not the market. Thus, the quality of leadership in a company is one of the most important characteristics.

Term: The term lean banking or lean bank does not have a fixed definition. In continental Europe, it is used as a generic term for both quantitative and qualitative approaches to optimizing internal business processes in banks. For this reason, there are voices that, due to the lack of substantive precision of the term lean banking, also advocate the term lean production in the banking industry, stating that this is substantiated by the study of the Massachusetts Institute of Technology on the future of the car, which was published in 1990 under the title "The Machine that Changed the World". However, the optimization concepts contained in this study are tailored to classic manufacturing companies. Not all of these approaches can be readily applied to service companies. It is also necessary to take into account industry- and activity-specific peculiarities in the banking industry. The phrase lean production does not do justice to this claim. Terminologically and in terms of content, Lean Banking in this respect (similar to an analogy) captures the principles of Lean Production that can be transferred to banking operations. 2. characteristics: Lean banking is not a new organizational approach, but a structural optimization that sees the divisionalization and customer group organization of the 1980s as a substantial component. The lean bank is characterized primarily by: customer group-oriented organizational structure, decentralized management structures, process orientation and the reduction of core competencies, complexity and value chains.It leads to a measurable increase in service and product quality, customer satisfaction and loyalty as well as a sustainable reduction in costs.Source/citation: Wirtschaftslexikon24.net

Lean Construction is the adaptation of the Toyota Production System to the construction sector. In addition to the term Lean Construction, the term Lean Management is also used in the construction industry. Continuous process lived during the creation of a construction project to eliminate waste, meet or exceed all customer expectations, focus on the entire value stream, and strive for perfection. Lean Construction is an integral approach to the planning, design and execution of construction projects. The roots of Lean Construction (LC) lie in Lean Production, which has truly revolutionized the design and planning of processes in production, procurement and assembly in some sectors of the economy. The basis of Lean Construction is Lean Thinking approaches, which are oriented to the value creation process in order to maximize value and minimize waste in the processes. Using specific techniques, lean methods are applied to the planning and execution of construction projects - with the following noticeable improvements:Planning and its execution processes are viewed and designed holistically to better meet the client's needs.Work is organized throughout the entire process to maximize value and reduce waste.Optimization efforts focus on improving the overall performance of the project, rather than on individual sub-areas.Planning and control systems play a major role and are improved.Source http://de.wikipedia.org/wiki/Lean_Construction see also: article LEANmagazin

The Lean Initial Audit is a structured collection of knowledge and assessment of your company's activities. The audit should be composed of a series of interviews conducted at different organizational levels depending on the size and complexity of your company. The audit team must assess the current state in all key areas and control points of the work units . LIA is therefore the systematic recording of the technological process. The value stream in the current state for a core product is defined and a documentation of the visible waste is made (waste walk) and a potential analysis and quantitative determination on the basis of the Lean metrics is carried out. Without an analysis of the current state, the Lean tools cannot be effective. The Lean initial audit should answer the following questions:Where is the potential in the processes?What is the potential in the processes?What methods and tools can increase this potential?