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Chicago, IL - Public Seminars

Lean Business Management System Master Class
Chicago, IL


Dates
Tuesday & Wednesday
July 22-23th, 2008

Location
University of Chicago Graduate School of Business
Gleacher Center
Chicago, IL

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Fees
Attendance Fee (per person):  $1,750.00
Early registration discount (per person) if you register before May 31: $1,575.00
Company discount for registering a group of 5 or more: Call for information
609.239.1080

Description

What Is The Lean Business Managmement System?

This master class is for managers introducing lean manufacturing and finding the traditional business management systems are working against them. The fundamental changes on the shop-floor must be mirrored by similar changes in accounting, sales & marketing, business decisions, purchasing, the planning processes, and the way we use information systems.

The lean business management system drives lean forward, provides clear and understandable information, motivates the right decisions, promotes continuous improvement, and is itself low cost and lean.

While working in the Lean Accounting context, this fast-paced, 2-day class will include "beyond Lean Accounting" topics including:
  • Value-based pricing
  • Lean sales & marketing
  • Lean culture and more

Why Is This Important?

Lean manufacturing is a tightly integrated system for delivering value to customers in a continuous flow, from order to delivery, while working continuously to improve the process. The organized value stream is the structure that underlies lean.

Because it is integrated, a lean system will resist a piecemeal approach to making improvements if they are made without considering the impact of changes on the system as a whole. In fact, attempting to implement lean approaches on a piecemeal basis (such as cell-by-cell) without an over-all understanding of how the changes fit into planned system performance usually will undermine rather than improve business results of the lean system.

We maintain that lean manufacturing cannot be sustained long term without lean accounting.  Simply put:  lean accounting is a discipline that applies lean thinking to accounting control and measurement of the value stream. Lean accounting embodies an approach that takes a “lean system view” to measuring and managing the financial performance of the lean business. Lean accounting is itself lean.

Excerpt from The Lean Business Management System: Lean Accounting:
Principles & Practices Toolkit,  published by BMA Press, 2007


Who Should Attend?

This class is designed for managers and professionals in companies pursuing lean transformation. Executives and  senior managers, operations managers, plant managers, value stream managers, controllers and accountants, sales and marketing managers, lean leaders and specialists, production engineers, and other key personnel.

This class deals with the practical management of a lean enterprise. We recommend you bring a small cross-functional team representing the executive, operations, finance, lean, and sales functions of the business.


Register

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Speakers

Brian Maskell Brian Maskell, President of BMA Inc, has helped hundreds of companies on their lean journey over the past 15 years. A sought-after speaker, Mr Maskell is a leading authority internationally on Lean Accounting and has authored 8 books including "Practical Lean Accounting" (Productivity Press 2005) and "The Lean Business Management System" (BMA Press 2007) . He is a certified public accountant with the AICPA in the United States, a certified management accounting with CIMA in England, and is a fellow of the American Production & Inventory Control Society.

Bruce Baggaley

Nick Katko, Senior Consultant, has led companies in the implementation of lean accounting practices such as performance measurements, value stream costing, lean decision making and the elimination of traditional standard cost systems. With BMA, Nick assists clients in lean accounting implementation. He works closely with clients to resolve the real-world issues they face in implementation. These include removing cost-based performance measurement systems in favor of lean performance measurement systems, migrating from a traditional income statement to a value stream costing income statement, creating a transaction elimination maturity path. Nick is a CPA and has a BS in accounting and an MBA in Finance, Both from the University of Kentucky.