There has never been a better time to reevaluate the way companies do business as the economic crisis deepens. Today, organizations are focusing on how to best use their scarce resources to increase productivity, improve their processes and eliminate waste
New York, NY (PRWEB) February 18, 2009
The Turkish American Chamber of Commerce and Industry (TACCI) Conference on the Implementation of Continuous Process Improvement with Lean Six Sigma was held on February 10 at Eurostars Hotel in Manhattan. Following a networking reception, TACCI president Sevil Ozisik presented the speaker, Dr. Bahadir Inozu, co-founder and CEO of NOVACES, a TACCI member based in New Orleans.
Dr. Inozu presented how to implement Lean Six Sigma in small and mid-size companies to achieve a competitive advantage. "There has never been a better time to reevaluate the way companies do business as the economic crisis deepens. Today, organizations are focusing on how to best use their scarce resources to increase productivity, improve their processes and eliminate waste," he commented.
Lean Six Sigma integrates the principles of Lean, a rigorous approach to eliminate waste with the best practices of Six Sigma a data-driven disciplined method to eliminate defects and reduce variation. Recently, Theory of Constraints, a methodology that enables organizations to identify and manage constraints, is being integrated into Lean Six Sigma to focus improvement efforts and get the best results at the system level.
Lean Six Sigma is now applied across all industries worldwide including federal agencies, state and city governments as well as mid and small size companies. By modifying delivery models originally developed for large companies, smaller companies can take advantage of the methodology's proven reputation for producing financial savings. Inozu concluded the conference by showing how a unique apprenticeship model can grow Lean Six Sigma capabilities for smaller, resource constrained companies and produce better returns than traditional training approaches.