Business growth, geographic expansion and competition have made it necessary to seek precise inputs, to use those inputs correctly, to benchmark, to analyze and to draw conclusions. It is often observed that while business objectives are frequently discussed in board meetings and leadership forums, there is a void with respect to how they are translated into organizational capability, benchmarks, and process performance.
The success of an organization cannot be achieved without robust processes – especially those designed to deliver a desired output over a long period of time. The requirement translates into having practices that contribute to the enhancement of organizational capabilities, well-controlled processes, and a reduction in defects in operations and actions. As part of the corporate success story, Lean Six Sigma methodologies are recognized for their contributions to success.
Lean Six Sigma is a team-focused managerial approach that seeks to improve performance by eliminating waste and defects while boosting the standardization of work. It combines Six Sigma methods and tools with the lean manufacturing. In order to achieve quality in production and organizational processes, this philosophy seeks to reduce the waste of physical resources, time, effort, and talent. The use of resources that are not being used to create value for the end customer should be considered a waste