When the meltdown hit, this company chose lean accounting over layoffs

Peter Desloge, CEO of Watlow, which encourages everyone, including workers, to innovate.

• traditional #accounting methods focuses on short term results & don’t recognize the gains achieved

 Full article here:

https://www.theglobeandmail.com/report-on-business/careers/business-education/lean-accounting-not-layoffs-gives-company-long-term-vision-of-success/article14406522

Documented examples of Lean Product and Process Development

Documented examples of Lean Product & Process Development can be found for:

IT industry

- Intel

(who has run internal Lean development conferences annually for at least 7 years)

Software

o Menlo

o Read The Lean Start-up

Sports

- Ping Golf

Motor industry:

- Harley Davidson

(when facing bankruptcy adopted Lean Product & Process development turned around company)

- Toyota

- Honda

- Ford

(turned around company so no bail out taken)

- Goodyear

Suppliers:

o   Delphi Automotive Systems Rochester Technical Center

o   Denso

o   Donnelly Corporation (now Magna Donnelly)

o   Kongsberg Automotive

o   Magna

Heavy Industry

- Vermeer

- Scania R&D Operations

(a comparable modular version)

- Atlas Copco

Other Highly Suspect

- Danaher

(any of their 400+ acquisitions since lean is their growth model)

- HON/HNI

- Ariens Company

- Yanmar Diesel

- Deere & Co. (John Deere)

- Nissan

- Watlow Electric

- Lockheed Skunk Works

- Saab Electronic Defense Systems

- Yamaha Motorcycles