Lean Six Sigma

Lean for Production and Services
A popular misconception is that lean is suited only for manufacturing. Not true. Lean applies in every business and every process. It is not a tactic or a cost reduction program, but a way of thinking and acting for an entire organization.

Lean six sigma embraces 9 principles, these will in turn transform your view in life as general.  The nine principles required some understanding and practice in order to get you more proficient with Lean.

The 9 principles are listed as below:
Principle 1: Life and business are processes
Principle 2: All processes exhibit variation.
Principle 3: Two causes of variation exist in many process.
Principle 4: Life and business in stable and unstable processes are different.
Principle 5: Continuous improvement is economical, absent capital investment.
Principle 6: Many processes exhibit waste.
Principle 8: Expansion of knowledge requires theory.
Principle 9: Planning requires stability.

To accomplish this, lean thinking changes the focus of management from optimizing separate technologies, assets, and vertical departments to optimizing the flow of products and services through entire value streams that flow horizontally across technologies, assets, and departments to customers.

Eliminating waste along entire value streams, instead of at isolated points, creates processes that need less human effort, less space, less capital, and less time to make products and services at far less costs and with much fewer defects, compared with traditional business systems. Companies are able to respond to changing customer desires with high variety, high quality, low cost, and with very fast throughput times. Also, information management becomes much simpler and more accurate.