Business Management HL
Business Management HL
6
Chapters
223
Notes
Unit 1 - Introduction To Business Management
Unit 1 - Introduction To Business Management
Unit 2 - Human Resource Management
Unit 2 - Human Resource Management
Unit 3 - Finance & accounts
Unit 3 - Finance & accounts
Unit 4 - Marketing
Unit 4 - Marketing
Unit 5 - Operations management
Unit 5 - Operations management
Unit 6 - Assessment
Unit 6 - Assessment
IB Resources
Unit 5 - Operations management
Business Management HL
Business Management HL

Unit 5 - Operations management

Unlock Efficiency: Lean Production Methods Revealed!

Word Count Emoji
602 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onย 14th Jun 2024

Table of content

๐Ÿš€ Introduction

Lean production? Sounds super fit, doesn't it? It's all about trimming the fat from the production process so that businesses are agile and fit for action. Over time, several cool methods have popped up. Here, we'll delve into two of the superstars

  • Continuous improvement (kaizen ๐Ÿ‡ฏ๐Ÿ‡ต)
  • Just-in-time (JIT ๐Ÿ•)

โœจ Continuous improvement (kaizen) โœจ

  • Definition: "Kaizen" is a Japanese term. Break it down: Kai (change) + Zen (good) = change for the good. But here's the catch, it's continuous.
  • Origin: Ever heard of Toyota cars? Yup, they came up with this.

    ๐ŸŽฏ Key Takeaways

  • Constant Change: This isn't about big, infrequent changes. It’s like updating your smartphone apps regularly.
    • ๐Ÿ“ฎ Real World Example: Ever seen suggestion boxes? Those are a simple kaizen tool where employees drop ideas they believe can improve things.
  • Principles to Remember
    • All-Inclusive: From the CEO to the intern, everyone's on board. It's a full-house party!
    • No Blame Game: Mistakes? No worries. Just learn and move on.
    • Big Picture Thinking: Always think about the whole process, not just snippets.
    • Focus on the Journey: Kaizen cares about the how more than the final product.
  • Challenges
    • Keeping the momentum can be tough. It’s like trying to keep your New Year's resolution of hitting the gym every day. To make kaizen work, everyone needs to be loyal and committed.

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IB Resources
Unit 5 - Operations management
Business Management HL
Business Management HL

Unit 5 - Operations management

Unlock Efficiency: Lean Production Methods Revealed!

Word Count Emoji
602 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onย 14th Jun 2024

Table of content

๐Ÿš€ Introduction

Lean production? Sounds super fit, doesn't it? It's all about trimming the fat from the production process so that businesses are agile and fit for action. Over time, several cool methods have popped up. Here, we'll delve into two of the superstars

  • Continuous improvement (kaizen ๐Ÿ‡ฏ๐Ÿ‡ต)
  • Just-in-time (JIT ๐Ÿ•)

โœจ Continuous improvement (kaizen) โœจ

  • Definition: "Kaizen" is a Japanese term. Break it down: Kai (change) + Zen (good) = change for the good. But here's the catch, it's continuous.
  • Origin: Ever heard of Toyota cars? Yup, they came up with this.

    ๐ŸŽฏ Key Takeaways

  • Constant Change: This isn't about big, infrequent changes. It’s like updating your smartphone apps regularly.
    • ๐Ÿ“ฎ Real World Example: Ever seen suggestion boxes? Those are a simple kaizen tool where employees drop ideas they believe can improve things.
  • Principles to Remember
    • All-Inclusive: From the CEO to the intern, everyone's on board. It's a full-house party!
    • No Blame Game: Mistakes? No worries. Just learn and move on.
    • Big Picture Thinking: Always think about the whole process, not just snippets.
    • Focus on the Journey: Kaizen cares about the how more than the final product.
  • Challenges
    • Keeping the momentum can be tough. It’s like trying to keep your New Year's resolution of hitting the gym every day. To make kaizen work, everyone needs to be loyal and committed.

Unlock the Full Content! File Is Locked Emoji

Dive deeper and gain exclusive access to premium files of Business Management HL. Subscribe now and get closer to that 45 ๐ŸŒŸ