Articles

PDCA Cycle - What is it and what can it do (MY)

PDCA CYCLE (Plan-Do-Check-Act) 

The PDCA Cycle is a four-step iterative methodology utilized in solving problems, implementing solutions, and fostering change [1, 2, 3, 5]. The “PDCA” in PDCA Cycle stands for Plan, Do, Check, and Act. This methodology is also considered a project management tool that helps improve procedures, processes, products, and services as well as discover new opportunities for ‘change’ to promote continuous improvement

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Critical Success Factors For Lean Six Sigma & Process Improvement Projects

Critical Success Factors For Lean Six Sigma & Process Improvement Projects

Multiple organizations worldwide are now widely exploring various strategies for quality and process improvements, especially Lean Six Sigma (LSS), to stay competitive in the current business market and meet customer’s expectations . However, to deploy these initiatives successfully, adhering to the critical success factors when implementing them is paramount.

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Benchmarking in Process Improvement

Benchmarking In Process Improvement

‘Benchmarking’ is a systematic management tool in process improvement that measures and compares an organization’s process, product, or service performance with those with better performance or those using world-class strategies – a.k.a. best practices. Robert Camp (1989), considered the founder of best practice benchmarking, defined the tool as the “search for industry best practices that will lead to superior performance”.

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Benefits of LSS in Finance

Benefits Of Lean Six Sigma In Finance

Finance organizations are experiencing challenges due to the growing competition in today’s advanced business environment (Madhani, 2020; Singh & Rathi, 2018). To gain a competitive advantage and stay in business, these organizations need to eliminate operational waste and enhance their efficiency and productivity to better manage their operational capabilities, increase customers’ satisfaction, and achieve their organizational objectives (Madhani, 2020; Singh & Rathi, 2018; Chiarani, 2013; De Koning et al., 2008). Hence, certain strategies like process improvement and innovation must be utilized to accomplish this feat (De Koning et al., 2008).

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Integration Of Lean Six Sigma, Design Thinking, And Agile & How They Complement Each Other

Integration Of Lean Six Sigma, Design Thinking, And Agile & How They Complement Each Other

It has already been established that the deployment of Lean Six Sigma, Design Thinking, and Agile independently are already quite effective in solving issues within an organization. So, imagine how powerful they can be when integrated together. This article briefly describes each of these methodologies and how their integration can be used to provide a stronger approach to solving organizational problems.

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Implementing Kaizen Event In Your Organization

Implementing Kaizen Event In Your Organization

‘Kaizen Event’ is a focused and structured continuous improvement project, using a dedicated cross-functional team to address a targeted work area to achieve specific goals in an accelerated time frame (usually 1 week or shorter). In layman’s terms, a Kaizen event is an intensive and short-term project where employees of different organizational branches work together to implement actions to enhance and improve an existing process

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