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Lead Time Leads To Feedback And Learnings

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: Continue reading
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