Increasing the success rates of LSS projects to optimize productivity and quality management

Volatile Markets are Forcing Companies to Increase Cost Reductions Initiatives

The volatile economic situation has prompted many organizations to ramp up their cost reduction initiatives. But cost reduction that stifles productivity and quality is worthless in the face of competition. This has opened up a massive opportunity for new lean six sigma and process improvement projects. However, unlike in previous years, stakeholders expect these projects to be customized for faster positive outcomes and contribute towards top line growth for the business.

Process Improvements Viewed as the Answer to Operating in a Tough Business Climate

No matter how long LSS and process improvement tools have been utilized in by their organizations, black belts and six sigma champions are now being put to the test to implement and deploy projects that deliver positive results, faster.

The top three challenges in 2012 have been identified:

• Proving to stake holders the value of LSS: Leveraging on operational excellence and BPM to increase top line growth
• Improving the success rates of LSS projects: Customization, modeling and simulation with the right tools
• Increasing the effectiveness of LSS projects in unpredictable business environments: Measuring performance and sustaining results

If you are facing any one of these, then you need to change your methods.

The challenges of implementing Six Sigma in an organising

Customized Lean Six Sigma Tools for Faster Process Improvements

This is not your standard corporate belt tightening. Whether you have been practicing LSS for many years or just starting to develop your process improvement initiatives – you need to attend the annual Lean Six Sigma & Process Improvement Summit and make sure that you get your cost reduction initiatives right the first time.

Last year, over 50 companies sent teams from across Asia to the Lean Six Sigma & Process Improvement Summit to transform their business process to increase responsiveness and agility. In 2012, even more are expected to attend as we focus on process improvement success rates to boost productivity and quality.