Lean Practitioners should Pay Attention to the Financials

I am a firm believer of a long term approach to all company improvement strategies and a Lean Financials focus is not typically considered long term.  Whether you are using Lean Manufacturing, Toyota Production System, Six Sigma….Theory of Constraints or some other approach, It should be a longer term approach focused on creating a culture that empowers the entire company to improve and solve problems on a daily basis.  I’m not going to debate the “approach”…that was another blog post that you can read here when you feel the desire.  I want to talk about why some short term impact with a Lean Financial Focus and how the company can benefit long term from the work.