Lean Six Sigma for Business Leaders

Many organizations are doing their best to survive safely and economically during a pandemic. The organization depends on its leadership on how to react and in which direction it needs to go. During an economic crisis, cost reduction activities become a knee-jerk reaction. Cash becomes the king again. Tightening the budget by reducing operational expenses, canceling external engagements, stopping training, and reorganizing the structure to minimize labor costs are everyday actions to free up cash. Although these efforts are well-intentioned, poor planning and execution can result in short-term benefits that ultimately do more harm than good. This is often due to a lack of customer focus and a decline in service quality.

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Program Overview

Lean Six Sigma (LSS) is a strategy that supports the short-term need of the organization to survive safely and to rapidly reduce cost and looking at long-term road to transform into an agile organization for high performance and sustainable growth. LSS is a marriage of two compelling leading-edge methodologies. Lean has been in existence since the post-war era focuses on waste reduction, and Six Sigma started since the late ’80s, which focuses on output variation reduction. These two separate methodologies were combined as we enter the 21st century. Many companies subscribed to the LEAN principles and methods. More than 80% of the top 500 Fortune companies in the US are into Lean Six Sigma to drive cost reduction, productivity improvement, and revenue growth through effective quality management.

Details

Program Objectives:

Understand how Lean Six Sigma (LSS) can improve business results in
organizations
How to focus on and prioritize initiatives using LSS
Understand and apply the LSS way on Cost Reduction
Develop deployment plans of LSS for sustainable growth

What You Will Learn:

Assessment of the impact of the external environment to cost structure,
revenue, and profitability
Understanding the current business model
Project selection and definition in the context of cost reduction
Supplier Input Process Output Customer (SIPOC) Analysis
Understanding the Voice of the Customer and Critical to Quality
Value Stream Mapping Analysis
Process WASTE elimination
Cost of Poor Quality (COPQ)
Process VARIATION and 5M possible causes
The DMAIC Concept (Define, Measure, Analyze, Improve, Control)

Key Benefits:

Broaden leader perspective on implementing cost reduction initiatives
Strengthen critical thinking and problem-solving skill
Learn how to put into action a structured approach of problem-solving on an enterprise-level

Who Should Attend:

This program is recommended for owners, CEOs, GMs, Managers, Supervisors, and other leaders of companies who would like to institute cost and operational efficiencies in the company. They can be in charge of managing and mitigating the economic impact of the pandemic crisis or exploring different solutions to solve problems around cost reduction, productivity improvement or driving revenue growth for the company.

Program Days:
To be announced

Program Format:
Delivered online via live virtual interactive sessions in Zoom

Program Fees:
PHP: 25,990.00
USD: 467.53*

*The prevailing exchange rate at the date of payment may apply

Let us know if you are interested in our limited-time offer rates or in discussing payment terms.