Principle #1: Take an economic view
While you may ignore economics, it won’t ignore you.
—Don Reinertsen, Principles of Product Development Flow
Achieving the goal of Lean—that is, the shortest sustainable lead time with the best quality and value to people and society—requires understanding the economics of the mission. Without that, even a technically competent system may cost too much to develop, take too long to deliver, or incur manufacturing or operating costs that cannot economically support efficient value.
To this end, the entire chain of leadership, management, and knowledge workers must understand the economic impact of the choices ...
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