convertkit domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121learndash-achievements domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121learndash-certificate-builder domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121learndash-course-grid domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121learndash-stripe domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121learndash-zapier domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121mycred domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121learndash domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121health-check domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121$l10n parameter must be an array. To pass arbitrary data to scripts, use the wp_add_inline_script() function instead. Please see Debugging in WordPress for more information. (This message was added in version 5.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121$l10n parameter must be an array. To pass arbitrary data to scripts, use the wp_add_inline_script() function instead. Please see Debugging in WordPress for more information. (This message was added in version 5.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121$l10n parameter must be an array. To pass arbitrary data to scripts, use the wp_add_inline_script() function instead. Please see Debugging in WordPress for more information. (This message was added in version 5.7.0.) in /home/christopherdaily/public_html/beLithestudios.com/wp-includes/functions.php on line 6121There are five key ideas supporting Lean process improvement. Let’s take a look at those now.
The Oxford English Dictionary defines it as, “The regard that something is held to deserve; importance or worth.”
In terms of Lean, value means what we want out of a product, service, or process. In other words, it is a desirable result that has some worth. Any process should put out more than it consumes. For example, if producing a widget costs $20 but you’re only selling it for $15, you are not creating value.
There are two basic ways to increase value: increase revenue or decrease cost. Both of these can be done with Lean processes.