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Lean can be a survival strategy during recessionary times

Author

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  • Bhim Singh
  • S.K. Garg
  • S.K. Sharma

Abstract

Purpose - The purpose of this paper is to discuss a survival strategy for industry in recessionary time by means of lean principles and philosophies. Design/methodology/approach - The paper presents the views of the authors regarding the application of lean principles and philosophies to overcome recession, followed by interaction with industrial personnel about recession, its effects and prevention. Findings - Recessionary time is the time for industries to follow lean guidelines and to look in to their business chain from raw material to end customer in order to remove all types of waste. Originality/value - The paper provides some real help as to how to survive in recession as there is little published research on this topic.

Suggested Citation

  • Bhim Singh & S.K. Garg & S.K. Sharma, 2009. "Lean can be a survival strategy during recessionary times," International Journal of Productivity and Performance Management, Emerald Group Publishing Limited, vol. 58(8), pages 803-808, October.
    • Handle: RePEc:eme:ijppmp:v:58:y:2009:i:8:p:803-808
    DOI: 10.1108/17410400911000426
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    Cited by:

    1. Priyanshu Kumar Singh & R. Maheswaran & Naveen Virmani & Rakesh D. Raut & Kamalakanta Muduli, 2023. "Prioritizing the Solutions to Overcome Lean Six Sigma 4.0 Challenges in SMEs: A Contemporary Research Framework to Enhance Business Operations," Sustainability, MDPI, vol. 15(4), pages 1-19, February.
    2. Kumar, Maneesh & Rodrigues, Vasco Sanchez, 2020. "Synergetic effect of lean and green on innovation: A resource-based perspective," International Journal of Production Economics, Elsevier, vol. 219(C), pages 469-479.

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