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Fix for Tubby Companies
February 01, 2010
Sure, your employees waistlines expanded over the holidays (as expected), but something else did, too—your business processes. As your more health-conscious workers head to the gym, maybe you should consider putting your work regimens on a diet. That's what a new book seeks to help you do.
"The Lean Six Sigma Guide to Doing More with Less: Cut Costs, Reduce Waste, and Lower Your Overhead" by Mark George, informs readers of an approach to Lean Six Sigma designed to help organizations quickly generate measurable, sustained results by helping them operate more cost-effectively and with greater flexibility, while incorporating the organization's existing business strategy and organizational structure.
The book, which addresses readers who have varying levels of familiarity with Six Sigma, emphasizes that speed and flexibility are the key components to enabling a company to achieve better results from a Lean Six Sigma program. This approach addresses the interrelationships between customers, offerings, and processes, and attempts to help the reader understand how an integrated focus on all three fronts drives shareholder value creation in high-performing organizations.
George outlines Accenture's approach to continuous improvement and Lean Six Sigma, explaining why companies should seek to reduce costs and improve their cash positions by focusing their efforts on the most promising organizational improvement opportunities and engaging all levels of their organization. The goal, he says, is to drive a change in a culture that embraces process excellence. He says implementing an enterprise approach can result in significant, sustained cost reductions, and savings benefits—with annual cost reductions of 20 percent or more, and year-on-year savings equal to 2 to 3 percent of cost of goods sold.
George also tells readers about the specific formulas and guidelines Accenture uses to achieve rapid and sustainable results. He includes real-life examples to illustrate how what he advocates can work. According to George, results are achieved by combining process improvement methodology with efficient process discipline to reduce delivery times, lower costs, create flexibility, and increase customer satisfaction.
The book also offers direction to organizations that have not succeeded with their Lean Six Sigma deployments.
The book is organized into three parts:
• Process Cost Reduction: A focus on the tools of waste elimination introduces the methodology to novices or those who need to immediately improve operating cost structures.
• Enterprise Cost Reduction: A focus on value, speed, agility, and competitive advantage is aimed at readers who may already be familiar with Lean Six Sigma.
• Accelerating Deployment Returns: Lean Six Sigma's deployment strategies for C-level executives to enable cost reduction at the enterprise level. George explains how small numbers of client resources are able to generate high-impact returns rapidly through innovative learning applied to high value projects.
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