Lead Time Leads To Feedback And Learnings

First of all, what is “Lead Time”?

Simply stated, “Lead Time” is the amount of time that passes from the start of a process until its conclusion.

McDonalds Cartoon — drive through placement (push), to order processing (pull), to order fulfilled (done).

The shorter the Lead Time is, the better… meaning, we get feedback to what has concluded; and with fast feedback, we get to learn fast as well and use / invest that feedback — and the “learnings” that came with it —  into something useful.

Applications in real life:

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By Clarence Galapon

CE, MBA, Lean Agile Coach, Trainer, Teacher, SPC, RTE, PSM, PMI-ACP, PMI-PBA, PMP, CC, ABNLP NLP (Neuro Linguistic Programming) Practitioner, NLP Coach, NLP Trainer, Practical Psychologist, Life Coach, Software Executive, Entrepreneur, Author, Investor, and Innovator with a Creative, Lean, Agile, and Wander mindset. https://LeanAgileGuru.com

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