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Nicholas S. Katko The Lean CFO (Paperback)
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Item specifics
- Condition
- Publication Name
- The Lean CFO
- Title
- The Lean CFO
- Subtitle
- Architect of the Lean Management Accounting System
- EAN
- 9781032302393
- ISBN
- 9781032302393
- Release Year
- 2023
- Release Date
- 02/06/2023
- Country/Region of Manufacture
- GB
- Item Height
- 229mm
- Item Weight
- 360g
- Publication Year
- 2023
- Format
- Trade Paperback
- Language
- English
- Book Title
- Lean Cfo : Architect of the Lean Management Accounting System
- Item Length
- 9in
- Publisher
- Productivity Press
- Genre
- Business & Economics
- Topic
- Finance / General, Economics / General, Quality Control
- Item Width
- 6in
- Number of Pages
- 160 Pages
About this product
Product Information
This book is not about debits, credits, or accounting theory. Instead, it describes how a chief financial officer (CFO) becomes a Lean CFO by leading a company in developing and deploying a Lean management system. The finance team, business executives, and Lean leaders will all benefit from its forward-thinking improvement approach. Explaining why the CFO role is so critical for companies adopting a Lean business strategy, The Lean CFO: Architect of the Lean Management System illustrates the process of building and integrating a Lean management system into the overall Lean business strategy. It describes why CFOs should move their companies away from performance measures based on traditional manufacturing practices and into a Lean performance measurement system. In addition, it explains how to integrate a Lean management system with a Lean business strategy to drive financial success. Describes the logic behind why a Lean management system must replace a traditional management accounting system Discusses how flow can drive the financial success of Lean Demonstrates the need for constructing a value stream capacity measurement system Explains how to break your company away from using standard costing to run your business The book explains why you must move your company into value stream accounting, which reports your internal financial information by the real profit centers of your business, your value streams. It describes the strategic aspects of making money from a Lean business strategy and also details how to modify your enterprise resource planning system to support Lean rather than hinder it.
Product Identifiers
Publisher
Productivity Press
ISBN-10
1032302399
ISBN-13
9781032302393
eBay Product ID (ePID)
25058357092
Product Key Features
Book Title
Lean Cfo : Architect of the Lean Management Accounting System
Format
Trade Paperback
Language
English
Topic
Finance / General, Economics / General, Quality Control
Publication Year
2023
Genre
Business & Economics
Number of Pages
160 Pages
Dimensions
Item Length
9in
Item Width
6in
Additional Product Features
Edition Number
2
Reviews
"The Lean CFO is the best lean book I have read, and I have read them all. It is perfect for management teams looking to make a huge immediate impact." Steven Vitale - President, Midwest Industrial Supply, Inc. "Nick explains The Lean CFO from direct experience. Experience as an accountant, as a practicing CFO, as a leading lean accounting thought leader and pioneer, and as a guide and coach to business executives leading their organizations to successful change. Nick has been there and done that for the lean organization and The Lean CFO is the guidebook and plan." Jim Huntzinger - President and Founder, Lean Frontiers "Lean accounting is the essential backbone of a company's lean management system because it provides useable and understandable information that aligns lean operations with financial performance. Classical management accounting and cost management simply cannot meet the instant and immediate information requirements of a lean company. The Turkish Lean institute has worked with Nick has worked several years and translated the first edition of The Lean CFO into Turkish. We highly endorse the second edition of this book." Yalçin ipbüken - President, Lean institute Turkey "This book takes you on a journey which many would like to travel, and many may have started but not transitioned. Based on practical examples and case studies we get insights into how accounting can progress from transactional processing to a value added function for a lean company by bringing in the analytical skills of your accounting team to support the improvement journey." Kevin Bennett - Facilitator, Best Practice Network NSW and QLD, Australia "As a long-time lean practitioner, I am consistently frustrated with my inability to effectively communicate the wonders and benefits of lean to my financial counterparts. Low volume, high mix, flexible production seems to constantly conflict with standard cost accounting tools and processes. Enter the Lean CFO. Nick unlocks this disconnect and shows how the benefits of lean flow directly from the shop floor into clear and actionable financial statements. His writing is concise and makes these concepts simple and easy for the most skeptical finance professional to understand. The Lean CFO is required reading for our entire management team!" Jud Barr - CEO, JTB Custom "The Lean CFO informs us of the holistic approach we must take to achieve the greatest gains from Lean practices. Lean companies require a Lean management accounting system that focuses on flow and maximizing capacity. Nick offers executives a blueprint that is easy to understand and champion." Johnson McKnight - CEO, M&M International, The Lean CFO is the best lean book I have read, and I have read them all. It is perfect for management teams looking to make a huge immediate impact. Steven Vitale - President, Midwest Industrial Supply, Inc. Nick explains The Lean CFO from direct experience. Experience as an accountant, as a practicing CFO, as a leading lean accounting thought leader and pioneer, and as a guide and coach to business executives leading their organizations to successful change. Nick has been there and done that for the lean organization and The Lean CFO is the guidebook and plan. Jim Huntzinger - President and Founder, Lean Frontiers Lean accounting is the essential backbone of a company's lean management system because it provides useable and understandable information that aligns lean operations with financial performance. Classical management accounting and cost management simply cannot meet the instant and immediate information requirements of a lean company. The Turkish Lean institute has worked with Nick has worked several years and translated the first edition of The Lean CFO into Turkish. We highly endorse the second edition of this book. Yalçin ipbüken - President, Lean institute Turkey This book takes you on a journey which many would like to travel, and many may have started but not transitioned. Based on practical examples and case studies we get insights into how accounting can progress from transactional processing to a value added function for a lean company by bringing in the analytical skills of your accounting team to support the improvement journey. Kevin Bennett - Facilitator, Best Practice Network NSW and QLD, Australia As a long-time lean practitioner, I am consistently frustrated with my inability to effectively communicate the wonders and benefits of lean to my financial counterparts. Low volume, high mix, flexible production seems to constantly conflict with standard cost accounting tools and processes. Enter the Lean CFO. Nick unlocks this disconnect and shows how the benefits of lean flow directly from the shop floor into clear and actionable financial statements. His writing is concise and makes these concepts simple and easy for the most skeptical finance professional to understand. The Lean CFO is required reading for our entire management team! Jud Barr - CEO, JTB Custom The Lean CFO informs us of the holistic approach we must take to achieve the greatest gains from Lean practices. Lean companies require a Lean management accounting system that focuses on flow and maximizing capacity. Nick offers executives a blueprint that is easy to understand and champion. Johnson McKnight - CEO, M&M International
Table of Content
Chapter 1: The Lean Management Accounting System Chapter 2: Leading a Lean Management Accounting Transformation Chapter 3: Lean is the Strategy Chapter 4: Lean Performance Measurements Chapter 5: Measuring Capacity Chapter 6: Value Stream Income Statements Chapter 7: Value Stream Management Chapter 8: Lean Decision Making Chapter 9: Dealing with Standard Costing Chapter 10: Dealing with Standard Costing: Transaction Elimination Chapter 11: Dealing with Standard Costing: Lean Inventory Valuation
Target Audience
Trade
Dewey Decimal
658.1552
Dewey Edition
23
Illustrated
Yes
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