Overview
- Connects Lean and Value-based management on a system level
- Introduces numerous Key Performance Indicators to measure different stakeholders' satisfaction and contribution value creation
- Showcases the positive impact of a value-based management approach in a lean supply chain context
Part of the book series: Contributions to Management Science (MANAGEMENT SC.)
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Table of contents (6 chapters)
Keywords
About this book
This book explores the relationship between and the compatibility of lean management (LM) and value-based management (VBM) approaches at the systems level. It then develops a model to improve LM and VBM professional practice by fostering a shared understanding of the value creation process within a lean system, and in doing so helps to remove existing barriers. The results promote future fruitful alliances between a company's operational and financial communities, enhancing the benefits to the enterprise and its stakeholders. The book is of primary interest to LM and VBM professionals and researchers.
Authors and Affiliations
About the author
Gerd Kaufmann is the CFO of a globally operating, mid-cap mechanical engineering company. After studying business administration at the University of Cologne, he worked as an interim manager (CFO/CEO) in the private equity sector. Subsequently, he worked as a management consultant for Porsche Consulting, one of the foremost German management consultancies in the field of lean management, and for a Big Four management consultancy, focusing on value creation in the automotive and mechanical engineering industry.
Bibliographic Information
Book Title: Aligning Lean and Value-based Management
Book Subtitle: Operations and Financial Functions at the System Level
Authors: Gerd Kaufmann
Series Title: Contributions to Management Science
DOI: https://doi.org/10.1007/978-3-030-38467-8
Publisher: Springer Cham
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: Springer Nature Switzerland AG 2020
Hardcover ISBN: 978-3-030-38466-1Published: 07 March 2020
Softcover ISBN: 978-3-030-38469-2Published: 07 March 2021
eBook ISBN: 978-3-030-38467-8Published: 06 March 2020
Series ISSN: 1431-1941
Series E-ISSN: 2197-716X
Edition Number: 1
Number of Pages: XXI, 245
Number of Illustrations: 1 b/w illustrations, 32 illustrations in colour
Topics: Operations Management, Business Finance, Business Strategy/Leadership, Sustainability Management