Episode Details

The 5th Part of LEAN is the topic of this Innovative Management Tools Building Fortunes Radio Show. This week, Patrick Seaton continues with the LEAN Management series. You can hear the previous shows about LEAN on https://buildingfortunesradio.com/imt

Each week Patrick Seaton shares his decades long knowledge and experience and this week he explains his Word Interpretation approach towards better communication and increasing productivity. Patrick gives several stories and examples and even offers an opportunity to have access to his executive level training and coaching. Contact Patrick and tell him you heard him on Building Fortunes Radio.

Patrick Seaton owns https://innovativemanagementtools.com

Here is some information about LEAN and the 15 forms of waste:
Eliminate Waste Throughout the Organization

• Lean isn't just for production—every department has waste.
• 15 Types of Waste to Target:

Projects with No Clear Outcome or Owner
⮕ Related to: Waiting Time, Wasted Money
Initiatives started without clear goals, timelines, or accountability, leading to drift and resource drain.
Authorizations (too many approvals)
Conflicting Department Goals
Inventory (excess stock)
Order Processing Time
Overprocessing (doing more work than necessary)
Overproduction
Purchasing Reorders (poor stock control)
Scrap, Rework, and Corrections
Searching (lost files, missing tools)
Transportation (unnecessary movement of goods)
Underutilized Employees (skills not being used)Waiting Time

Redundant Activity

Wasted Money

Poor Product Design
Examples of waste:
1.Meeting Overload
⮕ Related to: Overprocessing, Waiting Time
Excessive, unstructured, or poorly facilitated meetings that consume employee time without clear outcomes or action.
Information Silos
⮕ Related to: Conflicting Department Goals, Searching
Departments hoard knowledge or data, preventing cross-functional collaboration and slowing down decision making.

Email Ping-Pong
⮕ Related to: Waiting Time, Authorizations
Chains of emails sent back and forth to clarify basic tasks or decisions due to unclear communication or lack of
ownership.
Patrick Seaton
Owner
Innovative Management Tools
pdseaton@innovativemanagementtools.com

Unused Reports and Dashboards
⮕ Related to: Overprocessing, Wasted Money
Creating detailed reports or dashboards that no one reads or uses to make decisions.

Poor Onboarding of New Employees
⮕ Related to: Waiting Time, Underutilized Employees
New hires waiting for system access, unclear training, or unstructured orientation periods that delay contribution.

Low-Value Perks or Programs
⮕ Related to: Wasted Money
Spending money on benefits, software, or wellness programs that employees don't value or use.

Tool Overlap
⮕ Related to: Overprocessing, Inventory
Using multiple software tools that do the same thing, leading to inefficiencies and confusion.

Constant Reforecasting
⮕ Related to: Redundant Activity, Overprocessing
Frequent, unnecessary updates to business forecasts that consume valuable analyst and manager time without
significantly improving accuracy.

Manual Data Entry
⮕ Related to: Overprocessing, Rework
Entering data from one system to another instead of autom