Lean Kanban NA - Beyond Budgeting
Becoming a lean enterprise requires the entire management system to be aligned with lean principles. Lean requires alignment with customers and takes direction from the customer pull concept. Yet many organizations continue old practices such as financial budgeting which are based on financial “push” concepts. Simply stated, these old management practices defeat the ability to become truly lean.
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Log InWhy HOLT CAT Eliminated Budgets and How It Made Us Successful - Gretchen Stepke
Going into 2009, HOLT CAT faced a tremendous market downturn as the US plunged into a recession. The company made a key decision to alter its management process into one that immediately made them more agile and adaptive. Gretchen Stepke will share her first-hand experience of why they choose to eliminate budgets and how it changed the focus of management attention.