Posted March 25, 2019 in Business Technology & Digital Transformation Strategies
Successful companies have achieved outstanding performance by incorporating Lean management at the center of their corporate transformations. At the same time, the potential of digital technologies to transform performance has become widely recognized. However, bringing together Lean and digital tends to bring about two conflicting scenarios: companies that realize a radical performance increase of up to 50% or more, or companies that become stuck in situations in which initiatives happen in silos, efforts lack coordination, and success is never achieved. This Executive Update offers guidance on transforming companies to digital Lean by developing their Lean capabilities and embedding technological building blocks into their value streams.