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Lean is about reducing the timeline between receiving an order (or initiating a project), delivering the right product or service at the right time to the right quality, and collecting the cash. Thus, we work by Value Stream and flow to the pull of the customer. Waste is everything that impedes the flow of value-adding work and, consequently, increases the time to delivery.
In order to determine how effectively we are reducing this timeline we, therefore, need to be able to measure the flow, and the impediments to that flow. This is the primary purpose of lean accounting, and of these five webinars from BMA Inc, the lean accounting leaders. We will explore the key principles of lean accounting and how to put them into action.
In the webinars we will introduce you to the key concepts for each aspect of lean accounting and help you to develop a “go forward” plan to start your organisation on the road to transforming its lean management system. The overall aim for the webinar series is to help participants to build a beta Value Stream Box Score for a pilot value stream, and to be able to demonstrate to management the benefits of implementing lean accounting by applying the box score to real-life business decisions. |
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The webinars will also illuminate the core precepts of lean accounting, notably:
The importance of clear and relevant Value Stream Profit and Loss statements.
How to develop a co-ordinated set of measures and indicators for Value Stream Management
Cell and Value Stream measures that link to corporate strategy for management reporting
Aligning performance data with cost data for effective business decision making
How to begin the phased reduction of wasteful financial transactions including inventory, supplier payments, work orders, purchase orders and so on.
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Limited spaces are available in each of the Lean Management System Webinars, and we encourage you to subscribe to the set for $399. The modules are individually priced at $99 each.
Participants taking “The Box Score” webinar are strongly advised to take “Lean Performance Measures” and “Lean Cost Management” first, to understand the principles that build up to the Box Score.
 The modules will be delivered by Nick Katko. Nick is a Principal Consultant with BMA Inc, and a Certified Public Accounting, with a BS in Accounting and MBA in Finance. Formerly the CFO with a number of manufacturing companies, Nick uses his expertise to help clients remove traditional cost-based performance measurement systems in favor of lean measurement systems; to migrate from a traditional income statement to a Value Stream Income Statement and to work with management to create new business decision making models based on lean accounting practices.
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Day 1: Overview of the Lean Accounting System
Learn the key ideas of lean Accounting and the architecture for the lean management system. Develop a "go forward" vision to jump start your company on the road to lean management. |
Fall 2010 TBA
9AM and 2PM
$99 per session |
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Day 2: Performance Measurements
Explore the reasons why Lean performance Measurements are crucial to managing a lean company. Lean about the BMA "Starter set" and get tools you can apply immediately to developing your company's value stream performance measurements.
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Fall 2010 TBA
9AM and 2PM
$99 per session |
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Day 3: Lean Cost Management.
Explore the reasons why lean manufacturing needs a new way to account for value stream costs. Lean what a lean cost management system looks like and how it works. Practice setting up your own company's value stream income statement.
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Fall 2010 TBA
9AM and 2PM
$99 per session |
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Day 4: VS Capacity & Decision Making.
Explore how to analyze capacity, how to use value stream capacity and how to use the box score to make good lean business decisions. You will practice decisions making using typical scenarios most companies encounter.
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Fall 2010 TBA
9AM and 2PM
$99 per session |
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Day 5: Lean Controls & Transaction Elimination.
Explore the waste created by transaction tracking. Take a deep look at how to link your efforts to reduce this waste to strategic objectives. Examine examples of transaction elimination strategies.
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Fall 2010 TBA
9AM and 2PM
$99 per session |
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A Week of Lean Accounting: ALL FIVE SESSIONS
Choose either all AM or all PM for all five sessions or mix and match to suit your schedule. Spend the week examining the key aspects of Lean Accounting and working with the most essential tools: Value Stream Cost Management, Lean Performance Measures, Value Stream Capacity and Decision Making, Lean Controls and Transaction Elimination
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Fall 2010 TBA
9AM and/or 2PM
$399
Special Price |
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