Lean Enterprise Value: Insights from MIT’s Lean Aerospace Initiative 

The 2002 edition of Lean Enterprise Value elevated prevailing lean production thinking into a bold new framework for lean enterprise value creation, underpinning the challenge of transforming the greater aerospace enterprise. The book’s core message was that an enterprise must create value throughout its value stream, for all stakeholders, to achieve lasting success in an environment of fundamental change.

 

This second edition, now issued as an open resource available from MIT’s DSPACE platform, enriches the book’s original message by bringing an important new insight: lean enterprise value creation can be significantly enhanced by evolving a dynamic learning and value creating community. This concept is explored by focusing directly on LAI’s own experience, since the initiative itself – a vibrant real-life learning-doing laboratory – represents a model for such a community.

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