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6 Sigma training for anyone ... anywhere
... anytime.
Joseph Bower and Thomas Hout wrote in
the Harvest Business Review that executives are achieving sustained
competitive advantage by making radical changes in how they manage time
within their companies. These companies make decisions faster, develop new
products earlier, and convert customer orders into deliveries sooner than
their competitors. As a result, they provide unique value in the markets
they service, value that can translate into faster growth and higher
profits.
In these top-performing companies, fast-cycle time plays two important
roles. First, it is an organizational capability, a level of performance
that management shapes and builds into the company's operating systems and
the attitudes of its employees. The basic idea is to design an
organization that performs without the bottlenecks, delays, errors, and
inventories most companies live with. The faster information, decisions,
and materials can flow through a large organization, the faster it can
respond to customer orders or adjust to changes in market demand and
competitive conditions. Less time is spent fighting fires and
coordinating. More time is available for planning, for initiating
competitive activity.
6 Sigma training for anyone ... anywhere
... anytime.
Second, fast-cycle time is a management paradigm, a way of thinking about
how to organize and lead a company and how to gain real advantage over
competitors. It is a powerful organizing message because its basic premise
is so simple. It's also extremely effective since compressing time
reinforces and supports what capable managers are already trying to do.
Analysis of competitive developments in a wide range of industries
indicates that fast-cycle capability contributes to better performance
across the board. Costs drop because production materials and information
collect less overhead and do not accumulate as work-in-process inventory.
Customer service improves because the lead-time from receipt of order to
shipment diminishes. Quality is higher because you cannot speed up the
production cycle overall unless everything is done right the first time.
Innovation becomes a characteristic behavior pattern because rapid
new-product development cycles keep the company in close touch with
customers and their needs.
6 Sigma training for anyone ... anywhere
... anytime.
Developing fast-cycle capability isn't easy nor can it be done overnight.
It requires fundamental rethinking of how a company's goods or services
are delivered to customers and it means that various parts of the
organization will have to work together in new and different ways.
But these days, the penalty for standing still is far higher than the cost
of change.
6 Sigma training for anyone ... anywhere
... anytime. If you seek additional information about 6 Sigma training,
click here: 6 Sigma Training
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