X
Why register?
Welcome to the world's #1 website about management.
- Discover 1000s of knowledge centers.
- Learn from colleagues and experts.
- Share best practices with 1,000,000 members.
- Accelerate your management career.
- 100% free.
Log in
|
Using the 80/20 Rule in Lean Management
CLAUDIUS RWODZI, HR Consultant, Zimbabwe
The Pareto principle can be used in lean practices so that an organization can achieve efficiency and effectiveness. Such practice looks at the few tasks that employees perform that add value to the organization in terms of achievement of set goals and improved fortunes for the organization. And those tasks that are trivial to achievement of these goals are considered waste. Resources are allocated and redirected to those vital few tasks that add value to the organization.
When the biggest chunk of resources capacity goes to major tasks, this will have a direct impact on the quality of product or services provided. If trivial functions are eliminated, this will result in major savings on the part of the organization.
Combined this will result in successful lean management practices by the organization. Here we see how the Pareto rule can be blended with lean management to improve the effectiveness of the organization. .
|
|
| |
Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.
|
|
|
|
|
Special Interest Group Leader
|
|
|
More on Pareto Principle
|
|
|
|
|
|
|
|
