Can you afford not having a Continual Improvement Process (CIP) in today’s economy? Effective CIP projects more than pay for themselves with high Returns on Investment (ROIs). The Six Sigma DMAIC process is the roadmap for savings. Projects using 6 sigma methodologies pay for themselves. This is the time to double up, and select high impact projects, assign Black Belt resources, and get started.
As a Senior Executive you’re always looking for ways to cut costs and save money. It’s especially important in today’s economic environment. One of the well established ways to improve your bottom line is through an effective Continual Improvement Process (CIP.) Over the last 12 years we have seen large savings, across industries, from focused CIP programs such as Six Sigma.
Whether it’s manufacturing, health, banking or the general service industry, Six Sigma has proven time and time again that, when properly implemented, its return on investment is quick and substantial. The following table shows representative results from a variety of industries.
Industry Project “Hard Dollar” Savings
Aerospace $ 100k
Pharmaceutical >$ 1M
High Tech Manufacturing $ 1.4M
Service Industry $ 166k
Plastic Molding $ 182k
Of course proper implementation is the key to a successful CIP journey. Our experience shows that there are a few key issues that can make or break a CIP implementation.
The number one issue is senior management commitment. Unless you, as a senior manager, are truly committed to making improvement a daily activity in your organization, improvement will not happen as fast or be as beneficial as it should.
All organizations follow the lead of their senior executives. If improvement is important to you, then it will be important to the organization. Commitment means that you are actively involved in the CIP journey. Six Sigma allows for this involvement through the various Tollgate reviews in the DMAIC process.
Master Black Belt Joe Barckett has helped scores of organizations achieve the type of results cited above, and he can help you initiate or revitalize your Continual Improvement Program so it can do what it’s intended to do – deliver bottom line savings! Contact Joe by email/phone Joe.Barckett@DesaraGroup.com , 631-909-3570 for more information.
by Joe Barckett