What Is Lean Six Sigma and Why Can It Help Your Business Thrive?

Inquiring minds want to know: how can we increase output and revenue for your business? Many companies have used Six Sigma to enhance their performance in various areas if that is the case. Many companies turn to the Sigma philosophy regarding performance, efficiency, and cost-cutting. Since more and more companies are trying to find methods to be more efficient, Six Sigma training has become more popular.

What is Lean Six Sigma, and how can it help your business? This article will provide the essentials if you want to learn more about the Sigma idea and how it may help your firm. Many companies like “Six Sigma” and “Lean” process improvement methods, both on their own and in tandem with “Lean Six Sigma,” can transform whole companies and groups.

What Is Lean Six Sigma?

The Six Sigma method has far-reaching implications when applied correctly as a framework for improving processes across a whole organization. So, if you are wondering what is Lean Six Sigma, you need to keep in mind that this concept merges two of the most significant trends of the moment:

• Eliminating errors and process variation, enhancing predictability and consistency, and concentrating on the goods, processes, and services the client values most are all ways to improve quality (Six Sigma).
• You can reduce waste by doing away with or significantly lowering needless movement, transportation, inventory, processing, manufacturing, and defects (Lean).

These two practical methods have been harmonized into Lean Six Sigma. By themselves, the process-improvement tactics needed to accomplish the long-term, cost-effective objectives promoted by the Lean concept cannot be achieved.

Six Sigma is centered on process improvement, with the addition of benchmarking and prioritizing to enhance the effort. Benchmarking involves measuring to define performance improvement objectives, while prioritizing consists in identifying which process changes would deliver the most significant returns.

Ultimately, Six Sigma allows a corporation to quantify the frequency of errors and give a systematic approach to eliminating them.

How Does It Work?

Suppose you are still wondering what is Lean Six Sigma. In that case, you must understand that this concept seeks to improve efficiency and product quality by reducing or eliminating errors and inefficiencies. American managers started using Japanese production techniques to keep up with Japan’s high-quality goods in the 1980s. Minimizing waste and eliminating non-value-adding operations were priorities for Japanese firms during that period.

The fundamental objective of Lean Six Sigma, which merges the concepts of Six Sigma and Lean, is to enhance current process issues. Define, Measure, Analyze, Improve, and Control (DMAIC) are the five steps incorporated in the Six Sigma method.

Project charters and value stream maps can help you pinpoint the exact nature of the issue and clearly describe it. The next step in establishing a baseline for the process or evaluation of present performance is to put a numerical value on the issue.

Step three entails investigating the issue’s origins. Teams may save time and energy by getting to the bottom of problems instead of trying to solve surface-level concerns. Teams should instead determine the root causes of issues by speculating and testing their theories.

The solution’s implementation and verification constitute the fourth stage. Here, you may run ideas by one other and see what works. It is critical to gather data to verify if there is a discernible improvement. Ultimately, teams must ensure the improvement lasts by establishing a strategy to track their progress and react when things go wrong.

Is It Beneficial for Your Company?

What is Lean Six Sigma, and how will it benefit your company? If you have this question in mind, you need to understand that your business operations and performance will be enhanced with Lean Six Sigma’s help, if appropriately implemented, by experiencing the following advantages:

• Simplified processes reduce complexity, make your workflow more straightforward to manage and monitor, and save time and energy by removing inefficiencies or waste from your operations. Due to the overall simplicity of the procedure, you will get quicker while leaving little to no chance for errors.
• Streamlined and efficient workflows are the first steps toward predictable performance. The second is to rid your workflow of any unnecessary steps. Instead, a more simplified and expedited procedure may be set up by reducing the unpredictability of repeating problems by identifying and eliminating their underlying causes. With less variance and minimal waste, you can better forecast your performance and establish goals to improve it.
• Save time and money by streamlining your processes to make them easier to follow and remove unnecessary procedures. This will increase your delivery pace and enhance the quality of your work. The result may be more money coming in. You may cut down on hidden expenses by getting to the bottom of what’s causing the flaws in the first place. A happier and more loyal client base is yours for the taking with all of that.

Final Thoughts

Everybody has been there: crushing unpredictability, deadline-driven mayhem, a lack of time to plan or strategize, extreme stress from trying to keep up with growth, scaling uncertainty, demanding customers, razor-thin profit margins, spiraling costs, high employee turnover, and the same old problems cropping up again and again. Most individuals are already putting in a lot of effort to stay up, let alone to excel, expand, and scale!

Naturally, there are a lot of success stories, but often, the reason behind this is that large profit margins and fast expansion hide inefficient processes and low quality. Also, it is not uncommon for the critical success criteria to coincide for some time before success is achieved. Consistently delivering a quality product or service while simultaneously building a highly skilled and engaged staff is the actual test of mettle. And maintain that while circumstances evolve! Very few people manage to pull this off.

So, have you found your answer to the question “What is Lean Six Sigma”? Do you still see this method as reliable for your company’s success? If so, take the bull by the horns and do what it takes to achieve ultimate happiness. The fate of your company is in your hands.