Lean Accounting Series : Article 17 - Process must be result-oriented!


Eliminate the unwanted!

Every action performed is a part of a process. Process-driven functions often tend to overlook the value add of the process. Quite often, the process is carried out of habit rather than for any specific purpose. At an individual level perhaps, such a process does not amount to considerable time loss, but at an organizational level, it does. Lean accounting aims at filtering out processes and ensuring they add value and are goal-oriented; not performing a particular action out of habit or fear, but ensuring it adds value.

Don't increase the number of processes, maximise the value of the processes.

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