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In 2008 the worldwide economic crisis grew in strength and many companies from diff erent walks of life commenced to seek the opportunity to enhance their economic situation.Th e outcomes of the eff ort resulted in the implementation of modern management methods, such as Six Sigma, Th eory of Constraints, TQM or Lean Management.Due to its high effi cacy the last one turned most preferred.Th e aim of this paper is to give an account of the origins and evolution of Lean Management.Th e brief history of Toyota Production System (TPS) will be outlined alongside its most essential instruments: jidoka, Just-in-time and "pull-fl ow production".Additionally, the functioning of companies exercising Lean Management as a direct successor of TPS will be demonstrated.Eventually, the underlying rules of Lean Management with their applications will be put forward to elicit its assets and discern the diff erences between Lean Management and the former systems.
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