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Defining waste as what a customer won’t pay for is insufficient Component1 #45921

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Compression Thinking »Compression ThinkingCompression Thinking☜Population growth squeezes all of us on a planet whose resources are finite. To not only survive, but improve quality of life, we must become much smarter using what we have. For practical, effective action, work organizations critical to Compression must greatly compress their learning cycles.☜F1CEB7

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Compression vs. Expansion Thinking »Compression vs. Expansion ThinkingCompression vs. Expansion Thinking☜In Compression we must learn to guide our actions using physical measurements before applying financial ones. This applies to all organizations: for-profit, non-profit, and government. Because this turns expansionary economic thinking upside down, Compression is primarily a human challenge.☜FFB597

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Our Biggest Challenge is Us »Our Biggest Challenge is UsOur Biggest Challenge is Us☜Many work organizations today focus intently on customers. But many are also financially driven and secretive, competing for markets and nice, legal intellectual property monopolies. That drives expansion. Compression calls for more openness learning to do more using less; quality before quantity.☜FFB597

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Lean and quality thinking are a good start, but... »Lean and quality thinking are a good start, but...Lean and quality thinking are a good start, but...☜Lean and quality are usually employed to further success by classic expansionary thinking -- higher revenue, better margin, more growth. See the Details view.☜59C6EF

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Defining waste as what a customer won’t pay for is insufficientDefining waste as what a customer won’t pay for is insufficient☜☜9FDEF6

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Entered by:- David Price
NodeID: #45921
Node type: Component
Entry date (GMT): 12/30/2009 10:07:00 PM
Last edit date (GMT): 12/30/2009 10:07:00 PM
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