When managing assets or resources you need to focus on the entire organization. The substantial assets and human resources found in an organization and how they can be better employed will be my focus. Companies have struggled for years running the business as usual and cannot get where they want to be due to a number of factors. They may have inadequate budgets to perform the required activities under their current administration. Some have a surplus of inventories and excess works in progress that is treated as a resource instead of a liability. Most employees are overworked because of excess work that has no value added to production. Workers cost far too much and take too long to complete required work. Companies utilize huge inventory spaces due to work that adds no value and the inability to complete work in the scheduled time. If the problems are investigated and there are processes put in place to prevent the previous procedures from returning. The saying, "you can't teach a old dogs new tricks" is vastly fading away. Companies need to achieve important continuous advancements and achievements by eliminating any wasted resources and time. Why is it that after decades of doing business "it’s the way we’ve always done business" is a rule under review and propositions of change will not be swept under the rug? Companies waste their physical assets and human resources. Dr. William E. Deming once said, "It is not enough to do your best; you must know what to do, and then do your best." Henry Ford knew that the continuous progress of production and the elimination of waste was essential to business. Samuel Colt sided with harmon and the interchangeability of units. Most of America utilize a pull system method. The Toyota production system is widely known for it’s tremendous quality, efficient, and minimal waste. Companies need to be molded just like the Toyota production system so they can target eliminating waste. Also to f