After the dramatic success of the Six Sigma program took the business world by storm, the developers of Six Sigma came out with an even more personalized approach to improving business processes: Lean Six Sigma. Lean Six Sigma's platform operates on what its creators call “DMAIC,” which stands for Define, Measure, Analyze, Improve, and Control. In a nutshell, using the Lean Six Sigma program helps businesses identify and define problems, measure and map out the process in place, pinpoint the cause of the problem or problems, implement and test the solution(s), and finally, maintain the results of the correction(s) made.
So, what are the upsides of incorporating Lean Six Sigma into your business or organization? Read on to find out about six lean, mean benefits.
- Improves Processes. Are you tired of losing business due to poor process strategies? Well, there's hope. Lean Six Sigma has been proven to improve business processes from the inside out, streamlining those processes to increase efficiency and enabling your business to sell, manufacture, and provide services faster and more cost-effective.
- Increases Revenue. Needless to say, streamlining production and enabling systems and employees to operate at a higher capacity in less time is a great way to increase revenues. Lean Six Sigma accomplishes the task by attacking problems within your business from different angles, focusing on areas of weakness in your business's processes and eliminating unnecessary cash-eating elements that slow down your production and handicap your ability to earn more profit.
- Lowers Costs. Part of finding and eliminating the weak and non-essential parts of a respective process is saving you money in the long run. While Lean Six Sigma helps your business increase its profits, on the flipside, it also enables you to run your business with a much more cost-effective strategy. By improving processes that help keep production costs, data processing costs, and delivery costs down, your business is guaranteed to save anywhere from thousands to billions of dollars depending on its size.
- Increases Efficiency. The number one reason why Lean Six Sigma and its Six Sigma counterpart have been so successful is because the programs are based upon one huge factor: increasing efficiency. Making your business more efficient is the key to bringing in new customers, lowering costs, and increasing overall profits, and Lean Six Sigma is designed to take your processes from mediocre to excellent by eliminating waste and implementing strategies that work. This will help you and your employees save time, energy, and frustration as well as help your business quickly meet the demands of a dynamic market month after month.
- Improves Workplace Synergy. Every business owner and employee knows that teamwork is the basis of success. With the Lean Six Sigma program, employees play an active role in improving the business inside and out by gaining a better understanding of how their individual roles in the business work as well as how to operate within those roles at their utmost potential. Lean Six Sigma also provides more transparency for every level in a business, so everyone has a clear picture of their part of a larger goal.
- It's Easy to Use. Last but not least, Lean Six Sigma is a program that is easy to learn and easy to implement. The program is divided into various stages, with each stage corresponding to a certain level of mastery. It's palatable, efficient, and cut-and-dried in its approach, and can be utilized in a wide variety of fields, including manufacturing, service, and corporate companies. With so much flexibility, Lean Six Sigma will prove to be a fantastic solution for any business, large or small.
The pace of technological innovation and the increasing demands of customer bases renders the incorporation of process-enhancing and business process management software an absolute must for businesses that want to stay ahead of the game. Lean Six Sigma, especially when used in conjunction with top of the line performance enhancing programs, can dramatically improve a business at every level, producing results that will keep on giving as the years go on.