Defining Lean: What is it?

intro to leanNikos Palavitsinis, Agro-Know

what is lean?

 a production practice that considers the expenditure of resources for any goal other than the creation of value for the end customer to be wasteful, and thus a target for elimination

some history

1884 - First company to be operated by rules similar to today’s corporations Dutch East India Company

1908 - Harvard Business School was the first program in the world to offer the Master of Business Administration degree.

mind the (education) gap

For some 80 years, students were educated on how to “run” a company Marketing, management, logistics,

human resources, finance, etc.

But for companies that were already big What happens with smaller ones?

why lean?

Start-ups are NOT smaller versions of a bigger company…

As such, they should not be trying to create value with the same techniques or tools

They operate in a highly risky, ever changing environment, with limited resources

you would think…

try again

lean for start-ups

It all started with a course given by Steven Blank

And it evolved into… Business Model Generation, Alex

Osterwalder The Lean Start-up, Eric Ries Running Lean, Ash Maurya

let’s agree that…

A start-up is a human institution designed to create something new in the face of uncertainty with limited resources to do so

Learning does NOT justify failure…

If you cannot measure it, I don’t care…

Getting out of the building is good…

your case?

Are you working in a start-up? Limited resources – check Great uncertainty – check Small group of talented humans – check

Maybe your are kind of doing lean already…

no?

Do you follow all or some of these steps?

but sometimes things go wrong?

Meet Jacob Barnett

Stop Learning, Start Thinking!

if you are interested in lean…

Drop me a line @ palavitsinis@gmail.com

Let’s discuss about it…

There are lots of thinking to do for all of us…