Six Sigma Highlights:
The onset if the Digital era has ensured that most Businesses are being transformed drastically. With rising competition and the Globalization of every business on the internet, Business work towards to achieving the best results possible with leaving no room for errors. They need technology to convert their idea to reality and make it reach their customers who are distributed worldwide.
Six Sigma Lean Processes have helped millions of companies change their way of work and create a business model that works with the digital age. Let us take a look at the major highlights of how Lean Six Sigma coupled with Digital Transformation can change the world.
1. Keeping up with the Trends:
It assists companies to invest in technology and keep up with the latest trends. It provides a powerful toolkit that helps manage your product development cycle and transform companies. The methodology or way of thinking, guides companies in identifying what is needed to satisfy a customer, what makes your services valuable to them and how best to deliver it in the quickest possible way. It is a common misconception that the digitalization of businesses and application of Six Sigma principles applies only to the manufacturing industry. This, in fact, is applicable to diverse are of businesses. It encompasses a wide area of businesses such as legal, marketing, and IT sector as well. It also caters to small-scale startups and other industries that operate over a smaller market.
2. Lean Concepts for Digital Transformation:
There are many Lean concepts such as Lean User Experience (Lean UX), Lean IT, Lean Software Development, among others that implement the Lean way of thinking in digital transformation. Take Lean UX for example. It uses short cycles to create a hypothesis, test it, and create user experiences in a short span of time. Lean Software Development focuses on the elimination of waste and thereby creating fast deliveries. In IT companies that play a major role in the digitalization of the world, Lean IT uses tools to operations and services. This reduces the cost. The Lean Six Sigma combines the Lean’s practices with the Six Sigma statistical method. This optimizes the performance through the standardization of processes. It also identifies and Eliminates the main factors that cause bugs.
3. Standing Apart from the crowd:
Working together with the power of Digital, It has the ability to affect the market even more than it did before by simplifying processes and organizing them to achieve the best possible results. Digitization of companies, at the surface level, may look like just a way to keep up with the fast-paced world. But with Lean Six Sigma, a company is transformed completely. In order to succeed in business, a company needs to not just adapt to digital methods, but it also needs to change its habits, culture, leadership. All of which can be achieved with the application of the Lean principles. Companies that follow this methodology possess leaders and teams who learn and grow continuously. The companies become stable and achieve strong and consistent growth year by year. The internalization of Lean Six Sigma Principles brings about a permanent change as more and more organizations notice the importance and advantages of Digital Transformation.