RBS Co-hosts a Seminar on Lean Management

Photo: AmCham Latvia

 

RBS in coordination with the American Chamber of Commerce in Latvia co-hosted a seminar on Lean Management on June 19.  RBS Alumni and AmCham members were all invited to the free seminar.  The seminar was initated by Dr. Atis Zakatistovs of Riga Business School, who was also one of three presenters. 


Lean Management is a continuous improvement concept about creating more value for customers with less resources. With lean management tools you can achieve a better quality of work, increase customer satisfaction, lower costs, improve and incentivize your staff. Lean means boosting productivity and effectiveness.


Lean with a client focus coexists with two other continuous improvement concepts; TQM  (quality focus) and TPM (focus on costs). The essence of Lean concepts is try to focus on needs of the client, learn how to solve the root causes of problems. But if lean thinking means a different approach to business, then it must also imply a different approach to managing the people striving to operate in a “lean” way. The core spirit of lean management also embodies the spirit of learning (continuous improvement).

 

Photo: AmCham Latvia

 

Lean Management Consultant from Sweden Krister Andersson explained the principle of lean management - Kaizen a system of continuous improvement in quality, technology, processes, company culture, productivity, safety and leadership. He expressed Kaizen as a ”Nirvana of lean management. By adding Kaizen you will create a competitive edge”.


Lean Manager Sandis Jansons named various examples of successful lean management implementation in Rigas Dzirnavnieks. He described implementing lean principles at the company and got a more dedicated staff, increased production capacity, savings on energy costs reaching 360 thousand EUR per year.


Dr. Atis Zakatistovs, Lecturer of Riga Business School explained that change management is not a pill or one-off effort,  it needs to be embedded in the organization, it takes time and determination from the top management. Adopting Lean Management is a cultural change for an organization.


The three presentations were followed by a questiona nd answer period lead by Bill Schaub, RBS Director of the EMBA Program.  The questions were on a variety of applications and challenges of implementing Lean Management.  The questiona nd answer period lasted one and a hlf hours, demonstrating the audiences passion and interest in the subject matter.

RBS has co-hosted seminars with AmCham in the past and has more planned for later this year.