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Approaches to Management
C/M/1775. Lean management at Lloyds TSB
- WORDS:
- 2700
- DATE:
- 2010
- PRICE:
- 29.99 GBP
This paper focuses on the lean management practices at Lloyds TSB. The paper begins by providing the background to the company, outlining their products, services, and customers. The banking and operational processes of the firm are highlighted. The review of literature focuses on the concepts, applications and framework of lean management as well as the Shingo Prize Model of lean management, and the operational benefits of lean management. Lean management and Lloyds TSB is then examined, and the paper discusses the concept of lean management in relation to the bank. The challenges and benefits that lean management pose to Lloyds TSB, are also examined.
KEYWORDS: Lean management, Lloyds TSB, products, services, customers, banking industry, banking processes, operational processes, Shingo Prize Model!,
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