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When and How to Implement Lean Accounting

From the moment a lean transformation begins on the production floor, changes should also start being made in the accounting department. Executive Chair of Lean Enterprise Institutes Jean Cunningham and Gemba Academy Co-Founder Kevin Meyer discuss the best way to make this happen.

  • 0:06 - When lean accounting becomes critical
  • 1:40 - How to implement lean accounting
  • 2:38 - Creating a side statement
  • 4:07 - Making linkages to corporate statements

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  1. Introduction to Lean Accounting 8:14
  2. Accounting Basics 7:17
  3. Value Stream Costing - Part 1 8:53
  4. Lean Accounting Introduction 7:30
  5. The Effect of Lean Accounting on Owners, Auditors, and Executives 7:52
  6. The Difference Between Traditional and Lean Accounting 5:20
  7. When and How to Implement Lean Accounting 4:37
  8. How to Overcome Resistance to Lean Accounting 7:12
  9. Extending Lean into HR and IT 3:53
  10. Supplemental: Lean Education Advancement Foundation 2:23
  11. Value Stream Costing - Part 2 8:30
  12. Inventory Management 11:15
  13. Lean Inventory Valuation 10:24
  14. Capacity Management 8:56
  15. Product Costs and Decisions 8:52
  16. Target Costing 7:19
  17. Performance Measures 6:38
  18. One Day Close 8:44
  19. Lean Accounting Resources 3:21
  20. The Eight Types of Waste in Healthcare: Introduction 02:11
  21. The Purpose of Lean in Healthcare 08:29
  22. What Do We Mean by “The 8 Wastes" in Healthcare? 04:14
  23. Defining Value in Healthcare 03:28
  24. The Wastes of Motion, Waiting, and Human Potential in a Surgical Suite 04:34
  25. Patient Harm as a System Defect 06:50
  26. The Wastes of Inventory, Transportation, and Overproduction in Healthcare 04:58
  27. Meaningful 5S in a Children’s Hospital Radiology and MRI Suite 05:39
  28. The Aim of Healthcare as a System 02:58
  29. Audience Q&A - How Do You Start a Lean Transformation? 01:29
  30. Audience Q&A- How Will Lean Methods Impact HCAHPS Scores? 00:56
  31. Audience Q&A - What is the Appropriate Number of Inventory Turns for a Hospital Store Room? 01:31
  32. Audience Q&A - How Can Lean Improve Discharge Planning in a Hospital? 02:00