Business efficiency is critical for your small business if you want to compete with the titans within your industry. Twenty percent of companies in the United States fail within their first year, and many failures are attributed to a lack of business productivity.
The best brands strive to improve efficiency and boost productivity. These improvements drive revenue, which can be reinvested into the brand. One of the best ways to make workplace improvements is through Six Sigma.
The challenge is choosing between Lean Six Sigma vs. Six Sigma. Both options have pros and cons to weigh before making a final decision.
Luckily, you’ve found the perfect guide to learn the differences between both options. Continue reading to improve your production methods today!
What Is Six Sigma?
Six Sigma was created for the sole purpose of helping businesses become more efficient. Much of the focus is on reducing defects in production by using statistical analysis.
It features two separate options to compare when striving for more efficiency. The two methods have different uses, and knowing each will help you determine which fits your needs better.
DMAIC is the first option, and it stands for Define, Measure, Analyze, Improve, and Control. You can use this process to identify problems within your production process. It’s best to dive into your current processes and implement solutions to help your company grow.
The other option is DMADV, which stands for Define, Measure, Analyze, Design, and Verify. The Design phase is the most significant difference between the two. It’s a process well-suited for creating a new tool or product.
Benefits of Six Sigma
The benefits of Six Sigma are many, and it’s wise to consider implementing it at your company. You can optimize processes within your brand to eliminate waste and get more value for your investments. You’ll identify areas where you’re wasting money, resources, and time, and allows you to remedy these issues.
It’s also a fantastic way to improve efficiency at your business. You’ll enjoy the leverage to create effective and successful processes within your brand. The purpose is to learn how to use your existing resources to develop effective products or services.
Errors will also become a thing of the past when you invest in Six Sigma for your growing company. It focuses on the quality of the goods you’re producing. It’s impossible to start over with producing your goods, but creating the products the correct way on your first try saves money and time.
Six Sigma applies to every industry. You don’t need to work in a specific industry to find value in Six Sigma’s methods. Consider it if you want to reduce costs and boost your profit margin.
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What Is Lean Six Sigma?
Lean Six Sigma differs from standard Six Sigma because it focuses on finding ways to reduce waste. The goal is to provide the most value to your customers with the least investment possible. You’ll get more value from your investments as a company when you implement Lean Six Sigma.
You can use Lean Six Sigma to determine the best way to use your existing resources. The Lean alternative is more focused on efficiency and less on product defects.
Benefits of Lean Six Sigma
Lean Six Sigma provides several benefits that overlap with standard Six Sigma processes. It’s a valuable resource for companies that want to take the first steps toward sustainable growth. Training your employees expands their skills and experience with Lean Six Sigma processes to take your business to the top.
Implementing Lean Six Sigma is an excellent way to reduce waste within your company. The goal is to create products that meet your customers’ expectations for your brand. Doing so while using the least resources possible will help you build a lean business operation.
You’ll also create a positive and productive company culture by bringing Lean Six Sigma into your business. Your employees will continue to improve at their tasks to help the company produce the best products and quality. Some work projects will end better than others, but the focus on improvement will always continue.
Your employees will learn to work together in a team environment. Managers and front-line workers will be on the same page after completing training and implementing Lean Six Sigma. Start with a Green Belt course to gain more experience with Six Sigma.
Combining your business leadership with workplace improvements will improve customer satisfaction. You can eliminate anything that doesn’t contribute toward improved production methods. Ensure you can maintain the gains you’ve made through Lean Six Sigma.
Lean Six Sigma vs. Six Sigma: The Differences
Businesses looking to cut down on waste and provide the most value to customers should consider investing in Lean Six Sigma. It’s the best training program to streamline your processes and improve the quality of products and services.
You can apply the DMAIC method to your company to help it achieve its growth goals. Use it as a roadmap to identify areas for improvement and develop creative solutions. Best of all, you can apply it to any organization or business.
Traditional Six Sigma is the best option when you’re working to improve productivity and reduce production errors. It’s focused on analyzing your processes and finding the best ways to complete your business tasks.
Both options will continue evolving as business needs change. It’s an opportunity for continuous improvement at your company. Weigh both Lean Six Sigma vs. Six Sigma to find the best fit for your organization’s needs.
Invest in Workplace Improvements Today
When looking for the best ways to take your business to the top, it’s worth looking at Lean Six Sigma vs. Six Sigma. Both options provide benefits, though traditional Six Sigma is geared toward helping companies with efficient manufacturing. Lean Six Sigma is a perfect fit for any industry, and it’s focused on reducing waste and providing the best quality to your customers.
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