New article by H. Thomas Johnson

["John Hunter" <managementimprovement@gmail.com>]

I think this is an excellent new article that may be of interest to
many DEN readers: Lean accounting is part of the management problem
besetting US industry by H. Thomas Johnson.  He discusses the
importance of Dr. Deming's ideas.

"The fact that Toyota makes virtually no use of management accounting
targets (or "levers") to control or motivate operations is no doubt an
important reason why Toyota's financial performance is unsurpassed in
its industry."

"Toyota's management does not seem to think this way. Following a view
of reality as a network of interdependent self-organizing parts, they
seem to believe that the company's long-term financial results emerge
from a particular pattern of relationships among all parts of the
organization, including customers, suppliers, employees, shareholders,
and the communities that sustain the organization"


  John Hunter
  Curious Cat Management Improvement library
  http://www.curiouscat.net/library/