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Dedication plays a vital role in executing the business plans. How an entrepreneur defines it as the key to success? Operational excellence defines an organization to a point where leaders and employees consistently address the daily operational needs of the business in an efficient manner.
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Why Operational Excellence? • An integrated Business(B) & Operational Excellence(OE) management system is required to existing and new companies and any organization which further results for expansion, mergers and acquisitions • Operational Excellence is fruitful to our organization these ways: • It gives us a strategic clarity for our mission, objectives, and organizational expectations; • Lets us know the culture of operational excellence; • It provides the best practices in process architecture; • One can experience a well-orchestrated improvement journey and; • One can avail superior organizational alignment and execution
Six Sigma – Strategic Management for Business • Six Sigma is a fact-based, data-driven philosophy of enhancement that values defect prevention over defect detection • With the help of Six Sigma Methodologies – DMAIC, DMADV, and Lean, you can easily be ensured of the following qualitative and quantitative benefits for the organization in terms of: • All Financial Advantages for the Business • Defect Diminution • Productivity Enhancement • Yield improvement • Net income • Persistent improvement • Improved Customer Satisfaction
Some Examples of successful implementation of Six Sigma • Six Sigma Philosophy and its proven results are opted by reputed companies like Motorola, Allied Signal, General Electric Sony, Samsung, LG, Bharti, American Express, Citigroup, ONGC, Toshiba, NTPC and many other top companies. • Ford Fiesta solve carpet problem with Six Sigma tool • US Army increases throughput with Lean 6 Sigma program • In 1987, Motorola adopted Six Sigma where it saved $16 billion in 10 years • May 3, 2004 Business Week reported Xerox’s savings by using Lean Six Sigma by $240,000 through reduction in loss of toner during production. Also, Xerox helped Bank of America and save $800,000 by consolidating document centre
Connecting the dots … Six Sigma and Operational Excellence …… • Where to go for: Investment or Cost? • By focusing on delivering services to help the organization , we perform through: • Focusing on return on investment (ROI) and productivity and cost-reduction • Attaining greater re-use from technology investments to increase operational effectiveness • Creating operating model to support growth and revenue • Stay Connected from Every Point Yes, we can help your organization for incorporate strategy throughout the enterprise with global cost, process and technology decisions that can:
Provide Measurable Improvements — Our solution s and strategies accomplishes performance metrics to help your business to remain on goal mission. • Add capability and flexibility to the operating model —Improving quality and recognizing potential savings is fruitful for promoting growth and innovation • create effectual support organizations — By focusing on organizational and service , we offer model changes that drive results with the help of Marketing, Finance, Human Resources, Process Management, Global Resource Allocation and Information Technology
How will we measure our success ? • The highest single for triumph is Leadership in B&OE • Our leaders are accountable not only for achieving results, but achieving them in the way that values your efforts • Leaders should direct the management for the results to be delivered by OE • Measurement System Process includes these five steps: • Ideas and Goals- Creating an OE vision, metrics and goals and world-class objectives that are based on corporate objectives, benchmarking data and other applicable critical business drivers • Assessment - Completing an inclusive evaluation to select the priority areas in OE procedures and presentation against customary objectives • Planning – Building one-year plan to supervise priorities and integrating those plans into business plans and conveying accountabilities • Execution - Planned actions and monitoring plan progress are put into practice with OE performance • Evaluate – Monthly / Quarterly evaluating progress on performance and identifying essential adjustments to plans that effect in the aim of getting high-class results
Our Mission Statement Acquaint one with tremendous existing improvement opportunities surrounding us Speed up the efforts in analyzing and exploring the opportunities and capitalizing on them Meet our goal by delivering hard and soft saves for the organization in line with the business targets and the mission of the business
We believe…… • Moving towards the achievement of operational excellence in a company starts with making an initial step-change development, followed by a gamut of incremental enhancements • Instilling a culture of operational excellence brings out significant and sustained competitive advantage for the business • Operational Excellence is about delivering value-added, best-in-class integrated solutions to raise your competitive advantage • It’s not only good business but also the right thing to do
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