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Lean improvement techniques - Case Study Example

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Masters
Author : ortizaubrey
Case Study
Business
Pages 14 (3514 words)

Summary

A company, as defined by law, is only a name on a piece of paper. The company acts and conducts itself according to the employees that work in that entity. In ethical thinking there should be no distinction of rank within a company. There are times when executives can be held directly responsible and at the same time, there are cases where employees are acting unethically without the executives knowing…

Extract of sample
Lean improvement techniques

A business today uses the measuring stick of profitability. There needs to be a shift to the thinking of total utility for the social community in order to weigh business decisions. Opponents would argue that this is a long-term plan that requires too many radical changes in the face of business. Also, there is no way that an industry wide standard can be set since there are too many types of corporations. Plus, companies have different needs and every moral rule is subjective according to the type of business that everyone conducts.
Although there are no industry standards that are feasible, it is possible for every company to examine their practices as well as the attitude of their employees. There will be companies that find that they are doing fine with employees that are aware of their moral values. Yet other companies will find that they do have areas that need improvement. It is steps like these that start implementing changes. Once a few companies start to see the benefits of changes, it can help to encourage other companies to follow suit. After all, mistakes in one department can cause the deterioration of an entire corporation. ...
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