This article is intended to help you understand the basics of accounting and as a change agent help to exchange with the financial department of your company.
Let’s say right away, there is not an accounting line showing the gains made by Lean 6 Sigma activities.
Nerve of the war, knowing how to justify the gains of an approach of Excellence is essential for the success of this one. Here are the keys to success.
To steer the company, it is necessary for the manager to know where he is going, what is most commonly called the vision. From this vision, he will use the principles of Hoshin Kanri to deploy it within the company.
In accounting, the balance sheet is a table summarizing on one side all the means of production of a company and on the other all the means of financing at its disposal.
The Cost-Benefit Analysis (CBA) aims to identify and quantify the positive (benefits) and negative (costs) consequences of a decision and then express them in a common unit: the monetary unit.