Lean Enterprise Value: Insights from MITs Lean Aerospace Initiative
by Earll Murman
Category: Business & Economics

Lean Enterprise Value boldly redefines lean production as a framework for enterprise transformation. Extending the prevailing view of lean to one of "eliminating waste with the goal of creating value", the authors explore the core challenge for technically complex industries in the new century. The nine-year Lean Aerospace Initiative study at MIT has provided a "living experiment" for the principles and the value creation framework that is developed and explored in this book.The book's team of authors is comprised of noted scholars and practitioners in the aerospace field. Bringing decades of experience to this critical discussion which faces industries today, their credentials include three members of the US National Academy of Engineering; fellows and past presidents of the Institute of Industrial Engineers and the American Institute of Aeronautics and Astronautics; a fellow of the American Association for the Advancement of Science; a former secretary of the US Air Force; a former head of MIT's Department of Aeronautics and Astronautics; a former deputy dean of MIT's Sloan School of Management; and several authors with significant careers in the aerospace industry and US Navy, many of whom are authors of other books and numerous journal articles. Lean Production transformed the way that companies think about production and manufacturing. This book provides a new challenge. It arises from the work of the Lean Aerospace Initiative at MIT and provides a new agenda and bold vision for the aerospace industry to take it out of crisis. It also redefines and develops the concept of Lean as a framework for enterprise transformation and this will be relevant and critical for all industries and enterprises. [Source : 4e de couv.].