An Introduction to Lean Six Sigma (6σ)

Lean Six Sigma provides various benefits for organizations. It not only saves money, but also changes the attitude of employees and the functionality of the organization. Through implementation of Lean Six Sigma, organizations can expect the following beneficial outcomes:

ØValue to Customer: Lean Six Sigma allows companies to improve their processes and the quality of their products. In turn, they are able to produce more products at a cheaper price with less error. Customer satisfaction will increase, which will then lead to an increase in customer loyalty.

ØStandardized and Simplified Processes: With the help of value stream mapping, Lean Six Sigma eliminates wastes in processes and unnecessary steps to stream-line production. The processes are simplified so that they are easier to follow and less likely to lead to error. The simplified processes will also reduce time, leading to a decrease in overhead costs.

ØDecrease in Error: With the simplification in processes steps and a detailed investigation into the main causes of error and waste in the organization, Lean Six Sigma drastically reduces errors such as defects and miscalculations.

ØEmployee Performance / Development: Lean Six Sigma stresses the importance of the ideas and observances of individual employees to the overall success of an organization. With Lean Six Sigma, the feeling of self-importance and significance increases among employees and leads to an increase in motivation and better job performance.

ØIncrease in Profit: As a result of eliminating waste and improving the quality of production, Lean Six Sigma reduces costs for organizations and increases profitability. Motorola company saved $ 16 billion in 10 years. General Electric reportedly experienced a profit-cost savings exceeding $2 billion.

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