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Eliminating Budgets to Enable Lean Management - Kevin Meyer

A medical device company was several years into a lean transformation when conventional accounting practices such as annual budgeting and standard costing began to create barriers and be recognized as wasteful processes in their own right. After learning about Beyond Budgeting, the President, Kevin Meyer, decided it was time to change. This session will discuss that change, including short-term and long-term issues that were resolved, and how it fit into a long term lean transformation effort.

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