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Real Numbers: Management Accounting in a Lean Organization Hardcover – March 25, 2003
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Managers in every firm attempting a lean transformation need to read this book and make their numbers real. --Jim Womack, author of Lean Thinking and The Machine That Changed The World
This book will change and improve your business forever. -- J. Jennings, best selling author of: "Less is More" and "It's Not The Big That Eat The Small -- It's The Fast That Eat The Slow."
This is the guidebook to a revolution in administration and financial control. -- T. Powers, President, CEO Hubbell, Inc.
About the Author
Jean E. Cunningham, former chief financial officer and vice president of company services for Lantech, Inc., was the leader in the company's transformation to lean beyond manufacturing. Today, she runs a lean consulting firm specializing in integrating a client's business functions i.e. accounting, HR, IT, etc.) with lean operations. This is known as Lean Business Management or The Lean Office. Jean has a BS in Accounting from Indiana University and an MBA from Northeastern University's Executive Program.
Orest J. Fiume retired as a vice president of finance and administration and a director of The Wiremold Company which gained international recognition as a leader in lean business management. Orry teaches a two day executive course, "Lean Management Accounting," for TBM Institute and various schools. He has an MS in Management from Rensselaer Polytechnic Institute.
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Top Customer Reviews
As a lean practitioner I honestly didn't find the book much useful to me.
Most of what the book is trying to say is already known by lean practitioners and industrial engineers.
The book is written well, but some chapters are not well informative.
I found the book very useful for accountant and financial folks because they usually have a very short-term thinking that obstacle the lean journey.
The book can be used as a guide to change the way the financial people are thinking and acting so they are turned to business partners and decision supporters.
The book is still worth reading.
The elimination of standard costs is a bit much for a veteran financial guy. However, traditional full absorption standard costing has led many organizations astray, so they are bringing up a very valid concern. The ability to track direct product costs is essential, so I would propose a direct costing system in place of full absorption costing
Most Recent Customer Reviews
Even let two manager's at my factory read it. They loved it too!Read more
This book emphasis the psycological aspects and have the power to transform controllers from bean...Read more