Question: With the evolution in technologies such as process mining, process and IT automation, and artificial intelligence (Al)along with increased adoption of design and systems thinking-a

With the evolution in technologies such as process mining, process and IT automation, and artificial intelligence (Al)along with increased adoption of design and systems thinking-a plethora of new tools is available for companies to futureproof their business by radically modernizing their operations. In the context of modern business operations, discuss the concept of lean management and its significance in improving operational efficiency and reducing waste. Provide specific examples of how lean principles can be applied in different industries and the potential benefits they can yield

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