Summary:
Matt and Mike begin by recounting their recent experiences discussing throughput accounting, highlighting its utility as a prioritization tool over traditional cost accounting. They explore the struggles businesses face when trying to integrate these theories, especially in manufacturing settings with long production cycles and perishable products.
The conversation includes discussion on a recent presentation on the Flow at Scale management framework. The hosts critique the presentation’s depth and applying the approach to real life business structures and situations.
Lastly, we take yet another dive into the ever recurring, and frequently amusing rabbit hole of AI, Large Language Models and AI’s role in business and its potential to streamline operations through differing models. The hosts ponder the future of AI in business consulting and its ethical implications.