George Koenigsaecker is a principal investor in several lean enterprises and president of Lean Investments LLC in Muscatine, Iowa. Koenigsaecker is a board member of the Shingo Prize, the international award for “lean enterprises,” and is a board member of the Association of Manufacturing Excellence, Apollo Hardwoods Inc., Ariens Outdoor Power Equipment, Baird Capital Partners, Simpler Consulting, Watlow Electric Corp. and plastics screw and barrel maker Xaloy Inc.
In the past 25 years, Koenigsaecker has led 11 companies' lean transformation efforts, including that of the Hon Co., a $1.5 billion office furniture manufacturer. From 1992-99 his efforts led a tripling of volume and culminated in IndustryWeek magazine naming Hon Industries one of the “World's Best Managed Manufacturing Companies.”
Prior to this, Koenigsaecker was with the Danaher Corp., where he was president of the Jacob's Vehicle Equipment Co., whose lean conversion is described by Jim Womack and Dan Jones in their book “Lean Thinking” as one of the first and most successful such efforts in the United States. Over a three-year period, the conversion doubled productivity and increased total inventory turnover by 500 percent. He also served as group president of Danaher's Tool Group, its largest business unit. In addition to leading the lean conversion of these operations, he developed and implemented the “Danaher Business System,” a comprehensive lean enterprise model.
Koenigsaecker also has held senior management positions in finance, marketing and operations with Rockwell International and Deere & Co. He is a graduate of the Harvard Business School.