Lean thinking: A case for 'rubber band' organisations

During bad economic times, the knee-jerk reaction of most organisations is to stay lean. This usually involves cutting financial costs, trimming headcount and renegotiating wages; unfortunately, all short-lived means of trimming the fat. What organisations should do if they want to keep lean is to l...

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Bibliographic Details
Main Author: Knowledge@SMU
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
Online Access:https://ink.library.smu.edu.sg/ksmu/335
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1334&context=ksmu
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Institution: Singapore Management University
Language: English