How Lean Can Be Applied to Value Creation
In this episode, Dr. Ivan Zak and Ryan Leech from Galaxy Vets discuss value stream mapping for veterinary consolidators, and how the bottlenecks can be addressed to improve the process.
Topics Discussed:
- What is value stream mapping?
- Improving systems and processes for value delivery to the customer by optimizing the value stream;
- Lean Methodology described by Taiichi Ohno and the example of Toyota’s production system;
- Finding bottlenecks to optimize your system;
- Definition of Done/Definition of Ready;
- Explaining the exercise with the sticky notes and mapping the on the board according to the steps;
- A six months course to increase EBITDA;
Recommended to you:
Episode: Stop Starting and Start Finishing: Prioritization
Episode: Strategic Filter: Dodging Shiny Objects
Episode: OKRs to make your Consolidator more than OK
Episode: Growing People and Relationships to Grow an Independent Practice Group