Ayub "Jake" Salik gave a presentation on lean manufacturing principles to an MBA program. The presentation covered the definition of lean as minimizing waste and maximizing value, the history and basics of lean from its origins in Japan, common lean tools like value stream mapping and 5S, requirements for successful lean transformation like top management commitment, and industry examples. Salik emphasized identifying and eliminating sources of waste to improve processes and reduce costs. The presentation concluded with a question and answer session.