Cost control is just like learning a language. Like learning any language, mastering cost control takes time and effort to perfect.
Lean Digital practices are emerging as a crucial aspect for business aiming to thrive in a complex global environment
The combination of Lean Management techniques and industry 4.0 technologies has the potential to revolutionize operations in any sector. While Lean Practices have already brought operational improvements for many years, the arrival of advanced analytics, AI, and connected equipment has further enhanced productivity, flexibility, resilience, and sustainability.
Lean Digital Aviation is a rapidly developing approach that is changing the way aviation businesses operate. It combines lean management principles with digital technology to create a streamlined and efficient operating environment. Lean Digital Aviation can help organizations by optimizing their processes and increasing their efficiency. The ultimate goal of Lean Digital Aviation is to identify and eliminate waste, increase productivity, and improve safety in the aviation industry, while also improving the overall customer journey.
In recent years, the combination of generative artificial intelligence (AI) and Lean Management has been recognised as a powerful approach to optimise government operations, particularly in countries such as Saudi Arabia. By leveraging their unique capabilities, generative AI and Lean Management can be successfully implemented to improve overall efficiency and reduce operational costs, ultimately leading to greater public sector productivity and adequately managing government resources for both short and long-term objectives. This article will discuss three success factors necessary for the successful combination of generative AI and Lean Management.
Why Four Principles believes that the Lean Start-up methodology, which is the core of its just recently launched Disruption-as-a-Service (DaaS), is more applicable today than ever. Research shows that new companies fail at a startlingly high rate, with 75 percent of venture-backed startups doomed to crash and burn, according to research by Shikhar Ghosh of the Harvard Business School. In fact, according to statistics for 2020 compiled by Review 42, the failure rate for all new startups – not just those backed by VC funding – is closer to 90 percent.
07/22
Community Jameel Saudi Arabia and the General Administration of Education in Jeddah embarked on a Lean Management program with the support of Four Principles on 9th May 2022, in order to achieve the goals of the Ministry of Education and the Kingdom of Saudi Arabia’s 2030 Vision.
05/22
Community Jameel Saudi Arabia and the General Administration of Education in Jeddah are embarking on a Lean Management program with the support of Four Principles, in order to realise the goals of the Ministry of Education and the Kingdom of Saudi Arabia’s 2030 vision.
04/22
Consultancy-me.com is the Middle East’s leading online platform for the advisory and consulting industry. The website provides the latest news and trends in the sector and follows developments and publications of consulting firms across more than 60 industries and functional areas. On a regular basis consultancy-me.com’s research team assesses and publishes guides on the industry’s leading players.
02/19
Four Principles and IKEA Saudi Arabia have announced the launch of a new collaboration to improve customer service in IKEA stores.
12/17
Abdul Latif Jameel launches new Lean Management company to help public and private sectors eliminate waste using Kaizen Principles
