In: Accounting
Explain at least two differences of lean versus agile performance management
PARTICULARS | LEAN | AGILE |
APPROACH |
Lean provides a Holistic approach to make an Organization or process more effective and efficient. lean is more like a philosophy which has different philosophy of cultural change, mindset change along with the tool kit embedded in it. | it is based on the philosophy of efficient project management specific to application development. Agile is more of a technique suitable for the software development industry |
INDUSTRIES |
Lean as a methodology can be used for any industry / business / domain |
Agile is specific to increasing the speed of application development in software industry |
TOOL KIT |
Lean has a brad range of tool kit such as value steam map(VSM), waste analysis, kanban, heijunka , jidoka , multitasking , supermarket , visual management , empowerment etc... |
Agile uses a set of tool kit primarily taken from Lean. Some lean tools being used in Agile development are multitasking, kanban, empowerment, visual management etc... |
METHOD |
it is strategic |
it is tactical |
CONCERNS |
optimization of Production Process |
optimization of development process |
BORN IN |
born in industrial sector with the intention of production system more efficient | born in creative and software development environment |
QUALITY |
Perfect quality |
acceptable quality |
emphazise on efficient use of resources |
emphazis on continuous changes | |
mass production |
mass customisation | |
minimum inventory |
inventory buffer |