Operations & technology

For well over a decade, Darden Professors Robert E. Spekman and Edward W. Davis have been interested in the extended enterprise, a collaborative approach to supply chain management in which key members view one another as partners rather than adversaries.

Through the continuous refinement of practices and procedures, lean management seeks to produce more goods more quickly while using fewer resources — less factory space, fewer worker movements and fewer assembly steps.

In this Three Things video, Darden Professor Yael Grushka-Cockayne explains the questions a manager can answer to prioritize and execute projects more effectively.

Although lean principles originated in the business arena, they can be readily applied to everyday scenarios in our lives to improve the way we operate.