Many organizations invest heavily in continuous improvement—but still struggle to explain how that work translates into real financial results.
Cost savings feel unclear, improvement benefits are labeled as “soft,” and finance teams remain skeptical of CI outcomes.
In this on-demand KaiNexus webinar, Nick Katko explains how continuous improvement actually works financially—and why traditional accounting methods often fail to show its true impact.
Nick introduces the economics of Lean, showing how improvement creates capacity first, and how what you do with that capacity determines bottom-line results. He also walks through the Box Score, a practical tool that connects operational performance, capacity, and financial outcomes in a way leaders can understand and trust.
This session helps CI leaders, finance professionals, and executives align on a shared financial language—so improvement work is measured, understood, and sustained.
View all previous KaiNexus Continuous Improvement Webinars
Why continuous improvement creates capacity before it creates profit
How Lean economics differ from traditional financial thinking
How the Box Score links operational performance, capacity, and financial results
The difference between cost savings, cost avoidance, and real financial impact
Why cost allocations and standard costing distort CI outcomes
How to evaluate improvement using “return on effort” instead of ROI
Practical examples from manufacturing, healthcare, and service organizations
This webinar is especially valuable for:
Continuous improvement, Lean, and operational excellence leaders
Finance, accounting, and FP&A professionals working with CI teams
Executives seeking clearer visibility into improvement ROI
Organizations struggling to quantify CI impact
Teams trying to align finance and improvement efforts
Continuous improvement doesn’t immediately show up as cost reduction on a financial statement.
Instead, it creates time, flexibility, and capacity.
As Nick explains, organizations that understand this dynamic—and measure it correctly—can use improvement to:
Grow revenue without increasing fixed costs
Improve contribution margins
Reduce long-term cost growth
Strengthen cash flow
Make better strategic decisions
The Box Score provides the missing link between improvement work and financial performance—making CI visible, credible, and sustainable.
President, BMA

Nick is the President and owner of BMA. Since 2002, Nick has leveraged his Lean Accounting experience and philosophy in assisting BMA clients in developing, leading, and coaching them in their Lean Accounting transformations. Clients Nick has served a range of organizations worldwide, from family-owned businesses to multi-national companies in industries such as manufacturing, healthcare, software, engineering, and service.
Nick is an early pioneer of Lean Accounting. In the 1990s, as CFO of Bullard, Nick implemented a complete lean management accounting system in conjunction with Bullard’s Lean transformation, which included eliminating standard costing.
Nick is a regular speaker at the annual Lean Accounting Summit and has also presented at conferences in the United States, Europe, Asia, and Australia.
Nick has written extensively on lean accounting. He is the author of “The Lean CFO – 2nd edition” (2023), which is an updated version of the 2013 publication “The Lean CFO.” The Lean CFO has been translated and published in Turkish and Italian. Nick co-authored “Practicing Lean Accounting” (2021), which has also been published in Italian.
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