Quote by Eric Ries

Learning to see waste and systematically eliminate it has allowed lean companies such as Toyota to dominate entire industries. Lean thinking defines value as 'providing benefit to the customer' anything else is waste.

Learning to see waste and systematically eliminate it has al

Summary

This quote emphasizes the significance of waste elimination in lean thinking, attributing Toyota's dominance in industries to their ability to recognize and eradicate waste systematically. According to lean principles, value is defined as delivering benefits to customers, while anything else is deemed wasteful. By adopting this mindset and effectively identifying and eliminating waste, companies can improve efficiency and drive success, as exemplified by Toyota's success in implementing lean practices.

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