Webinar: Connecting Continuous Improvement to the Bottom Line

Lean is a long-term business strategy, primarily focusing on employees and learning. Through various continuous improvement practices, employees learn to master their work, solve the right problems and help an organization learn how to do things tomorrow it cannot do today.

The operational impact of continuous improvement is well known. Eliminating waste creates capacity, which can be used to serve customers better, improve productivity and improve employee satisfaction. But what about the financial impact? Oftentimes conventional financial analytical practices do not capture the true financial benefits of continuous improvement. This becomes a “problem to be solved.”

This webinar will explain how to make the true cause-effect relationships between continuous improvement and financial improvement visible throughout the organization. Integrating these relationships will improve the quality of business decision-making and leverage continuous improvement for financial success for the entire organization.

In this webinar, you will learn:

• the numbers to establish the true cause-effect relationships between continuous improvement and financial improvement.
• how to use the economics of lean to calculate the financial benefit of continuous improvement
• how continuous improvement achieves cost reduction over time
• why certain conventional financial analyses can show that continuous improvement is “not working” financially