ABSTRACT
This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book reviews the Lean Business Delivery System (LBDS). It discusses the basic Toyota precepts and principles. The Toyota Production System (TPS) is often synonymous with Lean; however, Lean is not just for automotive companies. This system will work for any company, service industry, or government/military entity. The corporate strategy, set by the CEO and approved by the board of directors of each organization, is tied directly to the financial operation of the organization. There are three main financial statements used to manage a business: the income statement; the balance sheet; and the cash-flow statement. The cash-flow statement is the third primary financial statement that summarizes the cash transactions during the specific accounting period and also provides additional detail of the operations and the specific investing and financing activities of the business.
