Lean Theory - Coaching Success - #473

<div> <p>Andrew Jackson discusses lean theory - a business approach that strives to better deliver value to consumers through reducing inefficiencies. He explores how he has taken these insights learn from industry and applied them to online coaching. </p> <p>Andrew Jackson gave a talk on the business value equation, which you can watch <a href= "https://youtu.be/JHvKmMsYmpo">here</a> and learn more about <a href= "https://barbell-logic.com/building-trust-coaching-value-equation/">here</a>.</p> <p>This podcast is brought to you by TurnKey Coach. Enhance your coaching effectiveness and efficiency with TurnKey Coach. You can learn more by going <a href= "https://turnkey.coach/">HERE</a>.</p> <p>Check out the <a href= "https://barbell-logic.com/podcast/">Barbell Logic podcast landing page.</a></p> <div> <h3>Lean Theory</h3> </div> <div> <p>Lean manufacturing theory and seeking to improve efficiency comes with misunderstandings and misconceptions. Often, ideas of decrease customers service and employee satisfaction arise. </p> <p>These things may have occurred in the name of lean theory, but do not follow the true spirit of its origins.</p> <p>Lean Theory originates from Toyota's manufacturing processes and how Toyota strove to constantly improve them. The idea is to improve value. In order to improve value, you have to understand what delivers value to customers - what the customers actually want to pay for. </p> <p>Lean six sigma has 5 principles:</p> <ol> <li>Defining value</li> <li>Mapping the value system</li> <li>Creating flow</li> <li>Using a pull system</li> <li>Pursuing perfection</li> </ol> <p>Many companies may have misconceptions about how things they do provide value. The amount of work or time spent does not necessarily equate to more value. Time and money spent on tasks that do not produce value need to be eliminated or reduced.  </p> <h3>Lean Theory - Application</h3> <p>You may be asking, what does this have to do with online coaching?</p> <p>As discussed in recent Coaching Success episodes, you are