Ottawa, Ontario (PRWEB) July 10, 2012
This challenge is plain and simple. Public and private sector leaders are challenged to implement lean six sigma initiatives and donate 2% of the cost savings to charity. This news release will describe Lean Six Sigma, the benefits to expect and the challenge.
Lean Six Sigma
Lean Six Sigma is a combination of two process improvement frameworks that aims at reducing processing time, improving quality and decreasing costs through the elimination of wasteful activities and the reduction of variability within processes.
Lean Six Sigma follows a 5-step process:
1-Define phase specifies the scope and objectives of the improvements to be made;
2-Measure phase sets out to define and collect the data and measures of interest;
3-Analyze phase analyzes the results from the data collection;
4-Improve phase defines the new process and improvement to be put in place;
5-Control phase closes out the project and defines the control mechanisms to be put in place to ensure the benefits continue.
Benefits to Expect
Organizations that implement Lean Six Sigma can expect dramatic improvements in: 1) the time to deliver service or produce products, 2) the quality of services/products, 3) lowering costs, 4) client satisfaction, retention, and growth, 5) employee satisfaction, productivity and engagement, and 6) strategic focus
Lean Six Sigma has been implemented by organizations, such as 3M, Amazon, General Electric, Home Depot, Xerox, the US army, Marine Corps and Navy, Canada Post. General Electric claimed 2.5 billion dollars in annual benefits, Motorola saved 16 billion over 11 years, Honeywell saved 1.87 billion over 3 years, and Ford saved 1 billion over 2 years through the implementation of Lean and/or Six Sigma.
Participating organizations will have until September 2013 to implement Lean Six Sigma projects and report the results.
Each organization will put together a Lean Six Sigma action plan and track the success of its project. Progress reports can be showcase it on the Toppazzini and Lee Consulting web site every quarter. Toppazzini and Lee Consulting will request a progress report on a quarterly basis which maybe submitted (this is not mandatory).
In September of 2013 Toppazzini and Lee Consulting will announce the winners and the amount donated to the charity of choice.
Toppazzini and Lee will donate 2% of its profits generated from organizations that hire it to assist with this challenge. More details of this challenge will be posted on the Toppazzini and Lee Consulting web site over the next few months.
Be a leader, give to a worthy cause and improve organizational performance, competiveness and bottom line.
Go to http://tleecorp.com/blog/bid/185018/I-Challenge-Leaders-to-Take-My-Lean-Six-Sigma-Challenge and go to the bottom of the blog where it says Register Now and select Register Now.