There is so much that we can learn from Japanese management ideas, as you'll see in this video. And Muda, Mura, and Muri are three more concepts with a lot of relevance to Project Managers. This video covers what they mean and adds my assessment of how we can use the concepts. Thank you for watching - please do subscribe to the channel and, to join my community, sign-up at onlinepmcourses.com/assets440251/the-onlinepmcourses-newsletter/
Dr. Mike...your terrific DOWNTIME acrostic undoubtedly will do a great resource for my crowded and failing memory. Thank you so much!....and greetings from Leon , Mexico.
Wonderful as usual, Dr Mike: much appreciated. Just a couple of days ago I've read them. Thanks for what you've explained which was a revision for me. This is Mohammad from Abu Dhabi, United Arab Emirates.
Should have been more roll off of the compressor in the audio, it makes it sound clipped, like the spaces in between the audio were selectively silenced. A quiet background track could help this. Great delivery and content btw!!
Thank you. My apologies for the sound. I am a project manager and an amateur film editor. Since a bout of pneumonia, I have a very audible (and distracting) in-breath. If you can advise on a better way to remove it, I am all ears.
Yes, I believe an additional waste has been added, around unused creativity, or wasted potential. I am not completely convinced by this. Potential is limitless and also, this feels qualitatively different to me. I chose to stick with the original seven wastes but perhaps should have name-checked number 8.
@@Onlinepmcourses Thanks for your reply. However, today's world is different. We live in a Knowledge-driven economy, unlike a few decades back, from IT services to IOT and A.I/M.L being used in Manufacturing and Logistics. Unutilized knowledge/Skill/ Equipment is True and Derivable by calculation and Value Stream Mapping. BTW, I am Certified in LEAN, and I have had some major world-leading clients from the US & Europe who today recognize, and understand the importance and impact of the 8th waste. Because they don't want it to start reflecting in their PL as Revenue Leakage. It is okay to stick with 7 if you like, but a mention of the 8th is also important. After all, it is an accepted Waste by some major industries.
There is so much that we can learn from Japanese management ideas, as you'll see in this video. And Muda, Mura, and Muri are three more concepts with a lot of relevance to Project Managers. This video covers what they mean and adds my assessment of how we can use the concepts. Thank you for watching - please do subscribe to the channel and, to join my community, sign-up at onlinepmcourses.com/assets440251/the-onlinepmcourses-newsletter/
I greatly appreciate your efficiency in delivering quality information in such very short time frames. Thank you ever so much! Best regards
You're very welcome! Thank you.
Short and efficient video - practising what you preach!
Thank you, Daniel.
Dr. Mike...your terrific DOWNTIME acrostic undoubtedly will do a great resource for my crowded and failing memory. Thank you so much!....and greetings from Leon , Mexico.
You are very welcome - I'm glad it helps you.
Learned about these words in my internship from my mentor
Happy to help explain.
Concise & relevant. Good presentation.
Thank you very much.
Wonderful as usual, Dr Mike: much appreciated. Just a couple of days ago I've read them. Thanks for what you've explained which was a revision for me. This is Mohammad from Abu Dhabi, United Arab Emirates.
Glad you like this! Getting new ideas from outside the discipline is so valuable!
Should have been more roll off of the compressor in the audio, it makes it sound clipped, like the spaces in between the audio were selectively silenced. A quiet background track could help this. Great delivery and content btw!!
Thank you.
My apologies for the sound. I am a project manager and an amateur film editor. Since a bout of pneumonia, I have a very audible (and distracting) in-breath. If you can advise on a better way to remove it, I am all ears.
Thank you! Great content.
Glad you enjoyed it!
Why would anyone waste lean? I'll drink it if you don't want it.
Indeed.
There are 8 wastes of LEAN
Yes, I believe an additional waste has been added, around unused creativity, or wasted potential. I am not completely convinced by this. Potential is limitless and also, this feels qualitatively different to me. I chose to stick with the original seven wastes but perhaps should have name-checked number 8.
@@Onlinepmcourses Thanks for your reply. However, today's world is different. We live in a Knowledge-driven economy, unlike a few decades back, from IT services to IOT and A.I/M.L being used in Manufacturing and Logistics. Unutilized knowledge/Skill/ Equipment is True and Derivable by calculation and Value Stream Mapping.
BTW, I am Certified in LEAN, and I have had some major world-leading clients from the US & Europe who today recognize, and understand the importance and impact of the 8th waste. Because they don't want it to start reflecting in their PL as Revenue Leakage.
It is okay to stick with 7 if you like, but a mention of the 8th is also important. After all, it is an accepted Waste by some major industries.
@@RealNews445 Fair point.