Lean Blog Interviews

Show notes: https://www.leanblog.org/8 Remastered June 2021 Here is LeanBlog Podcast #8, an interview with Jim Huntzinger, the President of the Lean Accounting Summit. In this Podcast, we will talk about the notion of "Lean Accounting" and some of the ways that traditional cost accounting and managerial accounting can come into conflict with our lean transformation efforts. You might think, "I'm an engineer, what do I need to know about accounting?" But trust me, you need to learn about this topic so you can understand what drives some of the decisions your management might make and how they might need to change their approach to be more compatible with lean. 1:45 Jim gives an intro to lean accounting: leaning out accounting versus “accounting for lean”. 3:20 First experiences with inaccurate standard costing systems and how that was driving bad business decisions, distortions through overhead allocation. 6:20 What bad decisions were being made through the lean journey – make/buy decisions. 6:30 How can