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FSL, THE NEW CRITERIA TO ASSESS A COMPANY’S LEAN STATUS
So far, it has been mentioned that we need to have two sets of public criteria to assess and audit management status of companies, namely, financial and operational. The financial accounting system has been the only existing public means to review corporate financial performance. On the other hand, there has been no other public countervailing means to assess and audit the inner operational lean status of every company. It was also mentioned that existing companies can be divided into two groups, the traditional type and the lean type.
Traditional companies are those cursed ones that have inherited century-old traditional legacies and failed to employ the lean approach originally developed ...
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