Significance of Lean Management System

Lean management plays an integral role in the development of the organization. In fact, it can be stated that lean management can enhance the market reputation of the company which consequently increase the organizational market reputation and image. The market reputation of the organization is effective for the business’ success because it is the source of increases sales and customers’ loyalty.  The lean management is simply an administration rationality that seeks after the persistent end of waste in all business forms however kaizen, otherwise called little and incremental change. It is defined as the process of waste management of the company which as a result poses several organizational benefits. A significant number of associations are acquainted with this regular meaning of Lean. While it is surely found to be sensible, however, associations frequently find that the particular advantages that lean will have on individual procedures and in the long run of organizations are rarely uncovered. In addition, it has been stated that the disposal of waste will bring about more proficient operations. Lean management leads towards the improved quality, lack of defects, reduced inventory, development of manufacturing flexibility, a requirement of less space, assurance of effective work environment, development of employee morale. These benefits are briefly explained below:

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Growing Importance of Value added products in China

China is one of the most densely populated countries of the globe and currently ranked sixth in terms of total population. Recent statics revealed growth rate of 1.92% and it is expected to acquire fifth position in terms of total population by the 2050. Per capita income will also increase to the level of $1368, productive age group in China is from 15 to 59 years and this comprises of 67% of total population by 2020. Growth rate within food services are also augmented by rapid increment in employment rate of both male and female population between the age span of 20 to 29 years, consequently income contribution in overall income is also expected to become even higher (Economic Survey, 2014).

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Importance of Employees

For any organization, their employees are their valuable possession.  They are nothing less than an asset to their employers and are the reason behind every successful achievement accomplished by them. The success of every organization varies from one another due to the efforts that these employees put in order to achieve the organizational goals and objectives.

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Human Resource Management

The competitive advantage can be gained in current era by efficient human resource management as it adds to the capacities related to production. Human resource management is becoming a major aspect of business management as it is the systematic approach to select, develop and retain the employees and assure them of their role as the part of the organization. humans add value to the business and thus it is important to care for their wellbeing.

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Groups And Team Development

My group has three different individuals. We did the basic research in order to set the group of the presentation. I now recognize the mistake that it is essential at initial group sessions to define the rule and procedures that should be followed by all group members in case of any misunderstanding or conflict. This can be achieved by mutual consent. I analysed my group formation according to Tuckman stages of group development that were proposed by the author in 1965. The four stages of group development are forming, storming, norming and performing. At the forming stage, I was unable to gauge the characteristics of my group members. As we already had a long tiring day, we were unable to work much. However, I was successful in deciding the topic after the brainstorming session with my group members. I as leader was most motivated and devoted in the group. These factors affected the performance and cohesiveness of my group at later stages. The next day, we performed storming stage extensively.

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