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Creating an Effective Lean Management Accounting System
February 8, 2022 @ 1:00 pm – 3:00 pm
Creating an Effective Lean Management Accounting System
A BMA online course
February 8, 10, 15, 17, 20022
1:00 – 3:00 PM US Eastern time
Pricing and Registration
- Individual: $600 per person
- Group discount 20% for 3 or more from same company
To register:
Course description
Creating an effective lean management accounting system requires the integration of box scores with lean practices into a holistic management system designed to serve customers better, improve productivity and improve financial performance.
A lean management accounting system is deployed at the value stream or business process level of a lean company and focuses on practices to control, improve, plan and manage any operational value stream or administrative business process – in any lean company, in any industry.
This course is more than a training workshop. It is designed to help you develop a specific action plan to implement a lean management accounting system. This course will use training, exercises, discussion and simple assignments between sessions as learning methods.
What you will learn in this course:
- Value stream organization
- How to build a box score
- Establishing daily lean management practices
- Lean problem solving using box scores
- Structuring and measuring continuous improvement
- Developing and using lean performance measurements
- Integrating lean accounting in operational management and decision making
- Integrating lean accounting into Hoshin and planning activities
- Managing based on respect for people
Course design:
- Four 2-hour online sessions – training, discussion, exercises and reviewing assignments
- Four 1-hour assignments to develop your action plan
- One 1-hour online one-on-one session to finalize your action plan
- Unlimited coaching with BMA between sessions
Self-paced learning option
Don’t worry if you can’t attend the sessions live. All sessions will be recorded. You can complete the course assignments at your own pace and set up convenient one-on-one coaching sessions to review your assignments.
Who should attend:
- Executives and owners
- Finance and accounting
- Lean leaders and operational managers
- The best benefit from this course will come from a small cross-functional team attending
Course Schedule
Session 1: February 9
- Training – Lean management overview
- Training & exercises – Building a Box Score
- Performance measurements
- Value stream income statement
- Value stream capacity
- Assignment: Box Score assessment
Session 2: February 11
- Review session 1 assignment
- Training & exercises – Controlling the value stream
- Performance measurements
- Visual management
- Team meetings
- Lean problem solving
- Assignment: Assess methods to control value streams
- Improving value streams
- Structuring improvement activities
- Measuring improvement activities
- Using improvement to manage costs
- Assignment: Assess methods to improve value streams
Session 3: February 14
- Review session 2 assignment
- Planning value streams
- Integrating box scores and Hoshin
- Integrating box scores and financial/operational planning
- Calculating long-term financial impact of lean
- Assignment: Assess methods to plan value streams
Session 4: February 16
- Review session 3 assignment
- Managing value streams
- Organizing the value stream
- Lean decision making standard work
- Standard work for leaders
- Respect for people
- Assignment: Assess methods to plan value streams
Session 5: Date & Time arranged: Review your action plan
