
Pareto’s Principle: The 80/20 Rule
Idea Summary: Pareto principle The Pareto Principle, also known as the 80/20 rule, states that 80% of the effects
Lean comes from Toyota and most famously the Toyota Production System (TPS). Today, a wide range of organisations use Lean in some shape or form with varying success. Lean management is a philosophy and set of tools that organizations can use to improve the flow of work and eliminate waste. Organizations that adopt lean management principles often see improvements in quality, efficiency, productivity, and customer satisfaction. These articles will help point you in the right direction and show you how.

Idea Summary: Pareto principle The Pareto Principle, also known as the 80/20 rule, states that 80% of the effects

In a world that is ever-changing and fast-paced, manufacturing and production facilities must be able to change with the times.

In today’s business world, the cost of poor quality is more important than ever. With businesses operating in an increasingly

A control plan in LSS, or Lean Six Sigma, is a document that outlines the steps to

Project management is the process of planning, organising, and managing resources to achieve specific goals. It involves creating and

It can be difficult to slow down and be present in an ever-changing and fast-paced world. However, it is essential

An affinity diagram, also known as a K-J diagram, is a tool used in project management and business brainstorming sessions

The 1 sample t-test is a statistical procedure used to determine whether a sample of data differs significantly from a

As a CEO, you know that to stay ahead of the competition, you need to innovate and improve continuously. But

The power of hansei is an invaluable concept for business success. Hansei, which literally means “reflection” or “contemplation,”

Our selection of the best books about Lean. We continually delve into the world of Lean but finding

Jidoka is an integral part of Lean principles that focuses on optimizing the flow of production processes. It plays a

Finding the best Lean Six Sigma Certification program can be quite a daunting task at first but it is not

Are you looking for a way to increase the productivity of your business? By applying Lean principles to workplace organisation,

Many executives face the challenge of knowing that there is a problem, but their organization lacks the talent or numbers

“Make a continuous process flow to surface issues” A great example of the difference between batch and lean flow is

The Pull Principle embodies the philosophy of producing only what is necessary, when it is necessary, and in the amount

Heijunka, a cornerstone concept in the Lean Six Sigma methodology, centres around the idea of levelling production to create a

“Standardise what you do to create the space you need to change what you do.” If you and
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