
ix
Preface
I began my CFO career working for an established manufacturing company
that had been around for many years. Manufacturing practices and nan-
cial analysis related to operations were pretty standard and established.
Soon our company made the commitment to become Lean. We hired
people with Lean experience. Talk about continuous improvement, ow,
and eliminating waste all seemed foreign to me, something that “the Lean
people” would work on. But pretty soon these “Lean people” were coming
to me and asking for dierent kinds of nancial work, such as perfor-
mance measures and nancial analysis not using standard costs. Boy, was
I out of my ...