The phrase "a lean business" is correct and usable in written English.
It can be used to describe a business model that focuses on efficiency, minimizing waste, and maximizing value.
Example: "To remain competitive in today's market, we need to adopt a lean business approach that streamlines our operations and reduces unnecessary costs."
Alternatives: "an efficient business" or "a streamlined business model".
Just as important, though, is running a lean business.
I'm envisioning an A3 format style, something single page similar to a "lean business canvas" that would be a good way to capture and prompt teams to incorporate key elements.
Mr. McPheters, who was an executive in two previous start-ups that failed, said he was following a lean business model now that he was running his own company.
"We've been spending a lot of time trying to get the company in good shape, and we have a lean business model, we've managed to right-size the organization, we have two years of balanced budgets, we have a much more streamlined administration, we have much better union contracts, and we're making fantastic art," he said.
Crafting a lean business plan as your road map.
Some companies, however, continue to run a lean business and even increase efficiency as they grow.
Second-quarter profit swelled at the Credit Suisse Group, far exceeding analysts' predictions, aided by a leaner business and an upswing in investment banking.
In owning no inventory, HYGH can run a leaner business model than JCDecaux, Clear Channel Outdoor, or Focus Media, the world's top DOOH advertisers.
However, if your company has evolved in the era of clouds, with a leaner business structure and a virtual international presence, you are at a distinct disadvantage.
"This tie-up plays well into our key themes for 2019 that cost cutting will become central to (manufacturers') strategy for 2019, as more (manufacturers) seek to streamline their operations and adopt a leaner business model," Fitch Solutions said in a report.
National Council debated this and decided that now was not the time to make major change in the number of orchestras we fund, particularly as they are all working at full capacity and on a very lean business model, that means we get a lot out of the money we put in.
