Monday, May 6, 2013

Fast value

Step one in Lean is understanding value.  And it is amazing how wrong companies can get this, one guy who gets it is Frank Williams of Williams F1.

When a colleague brings him a new idea or product to try he says: ‘Does it make the car go faster?’ …if it doesn’t they don’t use it.

Understanding value should be that easy.

Hat tip to Richard Maun for the quote.

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