Waste reduction (mudas in Japanese) is a central concept in the Lean philosophy which seeks to minimize them while maximizing productivity and increasing customer satisfaction.
1 What is the DMAIC process?
The DMAIC process is a structured continuous improvement process that aims to optimize processes and reduce variations in a business, industrial or transactional process. The acronym DMAIC stands for "Define", "Measure", "Analyze", "Improve" and "Control".Why do a digital maturity diagnosis?
A study conducted by MIT and Capgemini found that companies with the highest level of maturity are 26% more successful than the average company in their industry. They have a 9% higher revenue per employee and a 12% higher valuation than the average.
Digital is a strong lever for competitiveness and performance.
It is therefore important for you to know if your digital maturity is sufficient to give you another competitive advantage and in which areas it needs to be improved.
Continuous improvement is a systematic process to making continuous and incremental improvements in all aspects of the business, such as operational processes, product quality, customer satisfaction and employee engagement. The continuous improvement process focuses on identifying and eliminating waste, optimizing workflows and adopting a culture of learning and innovation.
The world is affected by Coronavirus and many employees have to stay at home and telework. The online meetings and conferencing business is an unintended beneficiary of Covid-19.
Financiers consider employees as expenses and not investments. Many managers prefer to invest in machines or IT systems rather than people.
But it's a mistake. A financial mistake. A managerial mistake.
Context: as a manager, you want to improve your organisation and you wonder whether you should start by an assessment of the current state
In the modern business world, the importance of performing the right operational excellence assessment at exactly the right time in an organisation's life cannot be overstated enough. Oftentimes, these assessments come out of a need to obtain an in-depth, unbiased overview of a business' current capabilities. This usually comes about after managers identify certain operational issues that need to be addressed. Only by gaining the clearest possible picture of where you stand will you have a chance to identify what isn't working and, hopefully, what steps need to be taken to adequately correct those issues.