Best Practice Lean

COMPANY'S SLOGAN

About Us
Best Practice Lean is a management firm specializing in providing CEO, CFO, and Sr. Management services to privately-held and family-owned businesses with financial, operational, and organizational challenges. These services are normally requested when there is a need for professional management to achieve improved results or in distress situations where a lender or other stakeholder needs rapid changes made on an interim basis.

The founder has over 20 years of experience in the functional areas and has worked for Fortune 500 companies, subsidiaries, and privately-held companies in the role of CEO, CFO, Controller, and VP-Operations. Being far more than simple business consultants, the company has successfully led turnarounds, relocations, due diligence, acquisition integration, and the on-site management of distressed companies. Geographically, these assignments have included 22 states, Mexico and Europe.

Best Practice Lean is an advocate of lean manufacturing and lean accounting principles and is a licensed CPA in the state of Tennessee.

Headquartered in Knoxville, TN, and serving clients throughout the United States.

Click here to meet the team

Services

A Broad Based Managment Firm

Best Practice Lean

Exists to solve the critical issues facing our clients, both large and small. Our unique approach is not only what differentiates us, but also what makes us successful. We provide a broad range of services and solutions to help organizations facilitate change, achieve their vision, and optimize performance and productivity.

Private Equity Investments

Grow Your Business

Our team of experts can provide interim management services, as will as advisory and due diligence for portfolio companies in multiple industries.

Family Owned Business

Achieve Your Goals

Family owned businesses often incur unique challenges to grow and succeed. Our team has helped numerous family owned organizations implement change, optimize operations, and stabilize cash flow. Get in touch to learn more about how this service can help you.

What We Believe

We believe that businesses have extraordinary power for positive impact and change in our world. 

 

We believe that business can change the world by doing good business. 

 

  • Good business is good for their customers
  • Good business is good for their employees
  • Good business is good for their communities AND
  • Good business is good for their shareholders

 

We believe that the right businesses doing Good Business in a city or region can transform the region.

 

Ultimately we believe in transformation. In people. In communities. And in business.

Expertise

Best Practice Lean exists to change the world through investing in and building good businesses

We are a private equity firm that finds, invests in, and transforms high impact opportunities into high impact enterprises beginning in the East Tennessee region and beyond. To us a high impact opportunity is a business that:

  • Has the potential for high growth in revenue and profit
  • Is strategic to the region
  • Has the potential to disrupt their industry or market

We measure our success on three levels: ROI to our investors, Health of culture and the workplace, Positive impact in the community and world. These metrics drive our investment decisions AND our approach to engaging the companies in which we invest.

Lean Tools and Methodologies Work Well in the Following Industries:

  • Manufacturing
  • Hospitals and Health Care
  • Service Organizations
  • Insurance Agencies
  • Banks and Credit Unions
  • Construction Industry
  • Government Institutions
  • Educational Institutions
  • Office and Administrative Environments
Who Are Our Investors

Our investors are savvy

They want a financial return on their investment...but they want more. An investment in a sixeight company is an investment in the people that build and operate the business. It is also an investment in the community, because a sixeight company will be a blessing to their community, and work towards total prosperity by doing well what the business was built to do.

Our investors are strategic

They know that an investment in a sixeight company is an investment in the region. Healthy, growing businesses attract other healthy growing businesses as suppliers and strategic partners. Today's business is global, but the best businesses are critical to the communities in which they build and thrive.

Our investors are balanced

They desire a significant return on their investment, but they care a lot about how the return is generated. All money and wealth is not created equally. How we do our work is important. We ultimately believe that doing good business IS good business.

What Type of Results Should You Expect?

Significant Increase in:

  • Productivity
  • Usable Space
  • Flexibility
  • Employee Morale / Safety
  • Customer Satisfaction
  • The Bottom-Line!

Significant Decrease in:

  • Lead times
  • Work in Process
  • Defects and Reworks
  • Inventory
  • Breakdowns and Changeover Times