I need an explanation for this Management question to help me study.
Requirements for your Lean Operating Approach Paper
Responding to the following questions as your guide, please write your analysis and position about lean operating approaches. Please include a section on the key strategies that are necessary for a successful lean operating approach, the benefits of going lean, the issues associated with a lean approach, and the major challenges that managers will face when implementing a lean operating approach.
1. What are the internal and external forces pressuring organizations to implement a lean operating approach?
2. What are the benefits of a lean operating approach for the; * organization in general * executives * employees * other key stakeholder groups?
3. What are the negative consequences or issues of a lean operating approach for the: * organization * executives * employees * key stakeholder groups?
4. What are the major challenges that managers will need to deal with when implementing a lean operating approach?
Structure for your Lean Operating Approach – Individual Paper
• You should assume that you will be submitting your paper to your Manager at work.
• Your paper will need to look, business professional.
• Your paper should include an introductory page, three pages of your research/content, and a summary page.
• Submit your paper in a report folder with a transparent front cover displaying the appropriate title information.
• Please feel free to include extra attachments and supportive materials and data.
• The expectation is that you will use accurate grammar, punctuation, and spelling.
• Cite the names of sources you reference.
• Your paper is to be double-spaced with page numbers and a short title at the top righthand corner.
• Use Times New Roman 12 pt. font.