Workshop ID:
WS-04
Length: Full day
Audience Rating: nu Intermediate and/or Advanced
Facilitator: Bruce Baggaley
Topic: Using Strategic Performance Measures to Accelerate Your Lean Program
Workshop Description: Standard cost accounting systems can cause lean programs to grind to a halt. Emphasis in traditional standard costing on machine and labor efficiency and utilization promotes non-lean behavior--building high inventories, large batches, building ahead and over-production.

This workshop is intended to lead participants to understand why traditional accounting-based performance measures are a problem, the significance of the problem and what they can do to implement performance measures that will accelerate the implementation of Lean in their organziations .
Specific Learning Objectives:

Upon completion of this interactive simulation, participants will learn:

  • a “starter set” of performance measurements for Lean cells and value streams
  • participants will develop a tailored set of performance measurements for their own companies.

Speaker
Biography:

Bruce Baggaley

Bruce Baggaley, Senior Partner , BMA, Inc. , specializes in the development and implementation of management processes that incorporate Lean Accounting and lean performance management systems. His functional expertise includes the development of management information for operational and financial planning and control, in implementing financial accounting control systems, and in applying activity-based management principles to reengineering operating processes. He has extensive experience in aerospace and defense, public utility, telecommunications, semiconductor manufacturing and service industries. Prior to forming his own firm Mr. Baggaley was a Accounting and Audit partner at KPMG responsible for strategic planning for the firm and a managing associate in the management controls consulting practice of Coopers & Lybrand in New York, and was a Professional Accounting Fellow at the Securities & Exchange Commission .

Mr. Baggaley received an AB in Economics from Dartmouth College and an MBA in Finance from Columbia University Graduate School of Business, where he was a member Beta Gamma Sigma honorary society and is a Certified Public Accountant. Mr. Baggaley is a frequent speaker on lean accounting and the management of lean companies and is co-author of  the book "Practical Lean Accounting" about implementing Lean Accounting.