Lean Six Sigma has been around for quite a while but a significant number of companies still do not know what this is all about. For over two decades, this strategy has profoundly benefited companies that has used it in terms of resource management and increased profitability. They may have heard of this strategy before but they haven’t yet reaped the massive benefits that it provides. Visit The Productivity Company for more info. There are differences when it comes to Lean Six Sigma and other methods of solving problems. Most still use the old trial and error method which is unfortunately very inefficient and costly with little data supporting it as a form of viable technique. And as such, this strategy often does not gain them improvement. Advanced methods such as Cause and Effect with Addition of Cards and 8Ds are more the more structured of the strategies. These kinds of methods use subjective and simple tools. Pareto analysis and Fishbone Diagrams are used but have the disadvantage of lacking statistical rigour. Lean Six Sigma utilizes the process of DMAIC which is known for its data centric and excellent tool that is powerful because of its validity in statistics. The method is easily learned when taught by professionals. Lean Six Sigma provided itself to be an effective means of solving problems. Learn how to run a kaizen event in this blog. The structured and disciplined approach along with its tools and methods make Lean Six Sigma a highly effective and reliable to solve problems and improve the workplace. Leaning this method often makes people on the job increase their salary to fifteen percent compared to applicants who are not trained in Lean Six Sigma. There are a whole set of tools that can be used in identifying projects. Enterprise level Value Stream Map, for example, can be used in highlighting projects on the idea of the company as a whole. Cost quality analysis is used to identify a myriad of projects to work on. There is undoubtedly no strategy better when it comes to identify projects through its strategic deployment processes that will always account both internal and external perspective of customers. Lean Six Sigma has a lot of tools in its arsenal that one can choose. A powerful and simple one is the use of Regression Analysis. This model has proven itself to be easy and highly accurate. Companies can become really pleased with the results. Find out more here: https://en.wikipedia.org/wiki/Six_Sigma.
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