ABSTRACT
Value stream management is designed to serve customers better, improve productivity and improve financial performance. The best way to learn how lean management accounting is integrated with lean practices is to follow a company through the entire value stream management process. The overriding goal of strategy deployment is to align the improvement activities in a lean company around the company’s annual objectives and initiatives. The plan step in daily lean management is to determine exactly what work can be completed in the day, which requires balancing demand with the available capacity. Catchball is a communication process where company leadership and value stream managers discuss initiatives, targets and resources to get consensus on the few, critical actions which must be completed to achieve company goals. The adjust step in the weekly value stream meeting focuses on synthesizing all this information in relation to overall value stream performance.
