O'Reilly logo

Lean Integration: An Integration Factory Approach to Business Agility by David Lyle, John G. Schmidt

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter Eleven. Financial Management

Accounting is all about tangible assets. But given similar financial resources, these types of assets can be purchased by any company. Tangible assets provide organizations with a basic, off-the-shelf capability or platform for competing against other organizations. Intangible assets such as systems, software, processes, training programs, and research and development (R&D) represent investments that provide future value regardless of accounting reporting convention.

Joe Stenzel1

1. Joe Stenzel, Lean Accounting: Best Practices for Sustainable Integration (John Wiley & Sons, 2007), Kindle loc. 2144–48.

There are three reasons why this is the longest chapter in the book: The ability to secure funding is often ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required