SlideShare a Scribd company logo
1 of 1
Download to read offline
© Copyright 2015 GoLeanSixSigma.com. All Rights Reserved.
What Are The Benefits Of Using Lean Six Sigma?
Lean Benefit: Increases Revenue
Before processes were improved,
200 loans were successfully funded per month.
Inefficient processes = less revenue.
Before Lean:
Loans processed per month
=
After Lean:
After processes were improved,
600 loans were successfully funded per month.
More funded applications = more revenue.
Loans processed per month
=
Home Loans Revenue
Home Loans Revenue
Lean Benefit: Decreases Costs
Before processes were improved,
2 out of 4 computers had broken screens.
More defects = increased costs.
Before Lean:
Computers On Assembly Line
After Lean:
After processes were improved,
No computers had broken screens.
Less defects = decreased costs.
Computers on Assembly Line
=
Computers
Assembled
Cost due
to defects
=
Computers
Assembled
Cost due
to defects
Lean Benefit: Increases Efficiency
Before processes were improved,
1 doctor could only see 4 patients successfully.
Decreased efficiency = less successful patient visits.
Before Lean:
Patients Seen Per Doctor
=
After Lean:
After processes were improved,
1 doctor could see 9 patients successfully.
Increased efficiency = more successful patient visits.
Patients Seen Per Doctor
1 Doctor
Satisfied Patients
=
1 Doctor
Satisfied Patients
Lean Six Sigma Benefit: Develops Effective People
Successful Lean Six Sigma projects develop a sense of
ownership and accountability for your employees.
Success is felt and drives success up and down pyramid.
CEO
Executives
Managers
Front-Line
Employees

More Related Content

Similar to What are the benefits of using Lean Six Sigma?

What is Lean Six Sigma? Lean Six Sigma Explained - Invensis Learning
What is Lean Six Sigma? Lean Six Sigma Explained - Invensis LearningWhat is Lean Six Sigma? Lean Six Sigma Explained - Invensis Learning
What is Lean Six Sigma? Lean Six Sigma Explained - Invensis LearningInvensis Learning
 
Decision CAMP 2014 - Carole-Ann Berlioz-Matignon - Preparing for exceptional ...
Decision CAMP 2014 - Carole-Ann Berlioz-Matignon - Preparing for exceptional ...Decision CAMP 2014 - Carole-Ann Berlioz-Matignon - Preparing for exceptional ...
Decision CAMP 2014 - Carole-Ann Berlioz-Matignon - Preparing for exceptional ...Decision CAMP
 
Customer Case Study – Worcestershire Acute NHS
Customer Case Study – Worcestershire Acute NHS Customer Case Study – Worcestershire Acute NHS
Customer Case Study – Worcestershire Acute NHS Aden Maine
 
MDeverywhere will increase your revenues!
MDeverywhere will increase your revenues!MDeverywhere will increase your revenues!
MDeverywhere will increase your revenues!csteadman
 
Mdeverywhere\'s solution for Hospitalists
Mdeverywhere\'s solution for HospitalistsMdeverywhere\'s solution for Hospitalists
Mdeverywhere\'s solution for Hospitalistscsteadman
 
Mega Group Billing And Collections
Mega Group Billing And CollectionsMega Group Billing And Collections
Mega Group Billing And Collectionsbrianfoster2003
 
The Latest Self-Pay Trends: New Burdens and Opportunities
The Latest Self-Pay Trends: New Burdens and OpportunitiesThe Latest Self-Pay Trends: New Burdens and Opportunities
The Latest Self-Pay Trends: New Burdens and Opportunitiesathenahealth
 
Peak Profit Solutions Product Overview
Peak Profit Solutions Product OverviewPeak Profit Solutions Product Overview
Peak Profit Solutions Product Overviewmaurilong
 
Strengthening financial performance (b)
Strengthening financial performance (b)Strengthening financial performance (b)
Strengthening financial performance (b)GE Healthcare - IT
 
Asia Insurance Innovation Award 2017 - Aditya Birla
Asia Insurance Innovation Award 2017 - Aditya BirlaAsia Insurance Innovation Award 2017 - Aditya Birla
Asia Insurance Innovation Award 2017 - Aditya BirlaThe Digital Insurer
 
Asia Start-Up InsurTech Award 2017 - Aditya Birla
Asia Start-Up InsurTech Award 2017 - Aditya BirlaAsia Start-Up InsurTech Award 2017 - Aditya Birla
Asia Start-Up InsurTech Award 2017 - Aditya BirlaThe Digital Insurer
 
MEDICAL REVENUE SYSTEMS NL
MEDICAL REVENUE SYSTEMS NLMEDICAL REVENUE SYSTEMS NL
MEDICAL REVENUE SYSTEMS NLROBERT WESTOVER
 
QoC Venture Deck
QoC Venture DeckQoC Venture Deck
QoC Venture DeckSVXventure
 
Top 10 Medical Billing KPIs That Show Where Your Practice is Losing Money
Top 10 Medical Billing KPIs That Show Where Your Practice is Losing MoneyTop 10 Medical Billing KPIs That Show Where Your Practice is Losing Money
Top 10 Medical Billing KPIs That Show Where Your Practice is Losing MoneyKareo
 
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...How To Reduce Costs And Improve Financial Performance using NextGen Practice ...
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...James Muir
 

Similar to What are the benefits of using Lean Six Sigma? (20)

What is Lean Six Sigma? Lean Six Sigma Explained - Invensis Learning
What is Lean Six Sigma? Lean Six Sigma Explained - Invensis LearningWhat is Lean Six Sigma? Lean Six Sigma Explained - Invensis Learning
What is Lean Six Sigma? Lean Six Sigma Explained - Invensis Learning
 
Decision CAMP 2014 - Carole-Ann Berlioz-Matignon - Preparing for exceptional ...
Decision CAMP 2014 - Carole-Ann Berlioz-Matignon - Preparing for exceptional ...Decision CAMP 2014 - Carole-Ann Berlioz-Matignon - Preparing for exceptional ...
Decision CAMP 2014 - Carole-Ann Berlioz-Matignon - Preparing for exceptional ...
 
Customer Case Study – Worcestershire Acute NHS
Customer Case Study – Worcestershire Acute NHS Customer Case Study – Worcestershire Acute NHS
Customer Case Study – Worcestershire Acute NHS
 
MDeverywhere will increase your revenues!
MDeverywhere will increase your revenues!MDeverywhere will increase your revenues!
MDeverywhere will increase your revenues!
 
Mdeverywhere\'s solution for Hospitalists
Mdeverywhere\'s solution for HospitalistsMdeverywhere\'s solution for Hospitalists
Mdeverywhere\'s solution for Hospitalists
 
Mega Group Billing And Collections
Mega Group Billing And CollectionsMega Group Billing And Collections
Mega Group Billing And Collections
 
8 RCM Concerns
8 RCM Concerns8 RCM Concerns
8 RCM Concerns
 
The Latest Self-Pay Trends: New Burdens and Opportunities
The Latest Self-Pay Trends: New Burdens and OpportunitiesThe Latest Self-Pay Trends: New Burdens and Opportunities
The Latest Self-Pay Trends: New Burdens and Opportunities
 
Peak Profit Solutions Product Overview
Peak Profit Solutions Product OverviewPeak Profit Solutions Product Overview
Peak Profit Solutions Product Overview
 
1661-Sayegh - Copy2
1661-Sayegh - Copy21661-Sayegh - Copy2
1661-Sayegh - Copy2
 
Strengthening financial performance (b)
Strengthening financial performance (b)Strengthening financial performance (b)
Strengthening financial performance (b)
 
Asia Insurance Innovation Award 2017 - Aditya Birla
Asia Insurance Innovation Award 2017 - Aditya BirlaAsia Insurance Innovation Award 2017 - Aditya Birla
Asia Insurance Innovation Award 2017 - Aditya Birla
 
Asia Start-Up InsurTech Award 2017 - Aditya Birla
Asia Start-Up InsurTech Award 2017 - Aditya BirlaAsia Start-Up InsurTech Award 2017 - Aditya Birla
Asia Start-Up InsurTech Award 2017 - Aditya Birla
 
NextGen EDI Services
NextGen EDI ServicesNextGen EDI Services
NextGen EDI Services
 
MEDICAL REVENUE SYSTEMS NL
MEDICAL REVENUE SYSTEMS NLMEDICAL REVENUE SYSTEMS NL
MEDICAL REVENUE SYSTEMS NL
 
QoC Venture Deck
QoC Venture DeckQoC Venture Deck
QoC Venture Deck
 
Top 10 Medical Billing KPIs That Show Where Your Practice is Losing Money
Top 10 Medical Billing KPIs That Show Where Your Practice is Losing MoneyTop 10 Medical Billing KPIs That Show Where Your Practice is Losing Money
Top 10 Medical Billing KPIs That Show Where Your Practice is Losing Money
 
Case Study: Increase the accuracy, compliance and timeliness of member commun...
Case Study: Increase the accuracy, compliance and timeliness of member commun...Case Study: Increase the accuracy, compliance and timeliness of member commun...
Case Study: Increase the accuracy, compliance and timeliness of member commun...
 
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...How To Reduce Costs And Improve Financial Performance using NextGen Practice ...
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...
 
Centricity EDI Product Overview
Centricity EDI Product OverviewCentricity EDI Product Overview
Centricity EDI Product Overview
 

More from GoLeanSixSigma.com

Webinar: Process Improvement in Government Using Lean Six Sigma
Webinar: Process Improvement in Government Using Lean Six SigmaWebinar: Process Improvement in Government Using Lean Six Sigma
Webinar: Process Improvement in Government Using Lean Six SigmaGoLeanSixSigma.com
 
Webinar: How to Create Predictable Cash Flow With Lean Six Sigma Projects
Webinar: How to Create Predictable Cash Flow With Lean Six Sigma ProjectsWebinar: How to Create Predictable Cash Flow With Lean Six Sigma Projects
Webinar: How to Create Predictable Cash Flow With Lean Six Sigma ProjectsGoLeanSixSigma.com
 
Webinar: How Soldiers Receive 100% Funding for Lean Six Sigma Certification
Webinar: How Soldiers Receive 100% Funding for Lean Six Sigma CertificationWebinar: How Soldiers Receive 100% Funding for Lean Six Sigma Certification
Webinar: How Soldiers Receive 100% Funding for Lean Six Sigma CertificationGoLeanSixSigma.com
 
Webinar: 10 Tips for a Standout Lean Six Sigma Green Belt Project
Webinar: 10 Tips for a Standout Lean Six Sigma Green Belt ProjectWebinar: 10 Tips for a Standout Lean Six Sigma Green Belt Project
Webinar: 10 Tips for a Standout Lean Six Sigma Green Belt ProjectGoLeanSixSigma.com
 
Webinar: How Army Soldiers Can Advance Their Careers With Green Belt Training...
Webinar: How Army Soldiers Can Advance Their Careers With Green Belt Training...Webinar: How Army Soldiers Can Advance Their Careers With Green Belt Training...
Webinar: How Army Soldiers Can Advance Their Careers With Green Belt Training...GoLeanSixSigma.com
 
Webinar: Going Remote - How Process Improvement Teams Collaborate Virtually
Webinar: Going Remote - How Process Improvement Teams Collaborate VirtuallyWebinar: Going Remote - How Process Improvement Teams Collaborate Virtually
Webinar: Going Remote - How Process Improvement Teams Collaborate VirtuallyGoLeanSixSigma.com
 
How to Request Army Credentialing Assistance on ArmyIgnited.com
How to Request Army Credentialing Assistance on ArmyIgnited.comHow to Request Army Credentialing Assistance on ArmyIgnited.com
How to Request Army Credentialing Assistance on ArmyIgnited.comGoLeanSixSigma.com
 
Webinar: Remote Learning - How to Successfully Switch Lean Six Sigma Training...
Webinar: Remote Learning - How to Successfully Switch Lean Six Sigma Training...Webinar: Remote Learning - How to Successfully Switch Lean Six Sigma Training...
Webinar: Remote Learning - How to Successfully Switch Lean Six Sigma Training...GoLeanSixSigma.com
 
Webinar: How Tax Preparers & Accountants Can Increase Their Profitability Usi...
Webinar: How Tax Preparers & Accountants Can Increase Their Profitability Usi...Webinar: How Tax Preparers & Accountants Can Increase Their Profitability Usi...
Webinar: How Tax Preparers & Accountants Can Increase Their Profitability Usi...GoLeanSixSigma.com
 
Webinar: Remote Learning - How to Brainstorm Lean Six Sigma Improvement Ideas
Webinar: Remote Learning - How to Brainstorm Lean Six Sigma Improvement IdeasWebinar: Remote Learning - How to Brainstorm Lean Six Sigma Improvement Ideas
Webinar: Remote Learning - How to Brainstorm Lean Six Sigma Improvement IdeasGoLeanSixSigma.com
 
Webinar: How to Facilitate Successful Virtual Kaizen Events
Webinar: How to Facilitate Successful Virtual Kaizen EventsWebinar: How to Facilitate Successful Virtual Kaizen Events
Webinar: How to Facilitate Successful Virtual Kaizen EventsGoLeanSixSigma.com
 
Webinar: Online Green Belt Workshop Information Session
Webinar: Online Green Belt Workshop Information SessionWebinar: Online Green Belt Workshop Information Session
Webinar: Online Green Belt Workshop Information SessionGoLeanSixSigma.com
 
Webinar: Online Green Belt Information Session
Webinar: Online Green Belt Information SessionWebinar: Online Green Belt Information Session
Webinar: Online Green Belt Information SessionGoLeanSixSigma.com
 
Webinar: Going Virtual - How to Coach Problem Solvers on A3s
Webinar: Going Virtual - How to Coach Problem Solvers on A3sWebinar: Going Virtual - How to Coach Problem Solvers on A3s
Webinar: Going Virtual - How to Coach Problem Solvers on A3sGoLeanSixSigma.com
 
Webinar: How to Manage Your Project to Completion Using the Project Builder
Webinar: How to Manage Your Project to Completion Using the Project BuilderWebinar: How to Manage Your Project to Completion Using the Project Builder
Webinar: How to Manage Your Project to Completion Using the Project BuilderGoLeanSixSigma.com
 
Webinar: DMAIC: Common Challenges & How to Overcome Them
Webinar: DMAIC: Common Challenges & How to Overcome ThemWebinar: DMAIC: Common Challenges & How to Overcome Them
Webinar: DMAIC: Common Challenges & How to Overcome ThemGoLeanSixSigma.com
 
WEBINAR: How to Deploy Lean Six Sigma in Your Organization
WEBINAR: How to Deploy Lean Six Sigma in Your OrganizationWEBINAR: How to Deploy Lean Six Sigma in Your Organization
WEBINAR: How to Deploy Lean Six Sigma in Your OrganizationGoLeanSixSigma.com
 
WEBINAR: Introduction to Process Management
WEBINAR: Introduction to Process ManagementWEBINAR: Introduction to Process Management
WEBINAR: Introduction to Process ManagementGoLeanSixSigma.com
 
Webinar: How to Use a Fishbone Diagram (Encore!)
Webinar: How to Use a Fishbone Diagram (Encore!)Webinar: How to Use a Fishbone Diagram (Encore!)
Webinar: How to Use a Fishbone Diagram (Encore!)GoLeanSixSigma.com
 
Project Storyboard: Reducing Cycle Time for Bid Tab Creation by 33%
Project Storyboard: Reducing Cycle Time for Bid Tab Creationby 33%Project Storyboard: Reducing Cycle Time for Bid Tab Creationby 33%
Project Storyboard: Reducing Cycle Time for Bid Tab Creation by 33%GoLeanSixSigma.com
 

More from GoLeanSixSigma.com (20)

Webinar: Process Improvement in Government Using Lean Six Sigma
Webinar: Process Improvement in Government Using Lean Six SigmaWebinar: Process Improvement in Government Using Lean Six Sigma
Webinar: Process Improvement in Government Using Lean Six Sigma
 
Webinar: How to Create Predictable Cash Flow With Lean Six Sigma Projects
Webinar: How to Create Predictable Cash Flow With Lean Six Sigma ProjectsWebinar: How to Create Predictable Cash Flow With Lean Six Sigma Projects
Webinar: How to Create Predictable Cash Flow With Lean Six Sigma Projects
 
Webinar: How Soldiers Receive 100% Funding for Lean Six Sigma Certification
Webinar: How Soldiers Receive 100% Funding for Lean Six Sigma CertificationWebinar: How Soldiers Receive 100% Funding for Lean Six Sigma Certification
Webinar: How Soldiers Receive 100% Funding for Lean Six Sigma Certification
 
Webinar: 10 Tips for a Standout Lean Six Sigma Green Belt Project
Webinar: 10 Tips for a Standout Lean Six Sigma Green Belt ProjectWebinar: 10 Tips for a Standout Lean Six Sigma Green Belt Project
Webinar: 10 Tips for a Standout Lean Six Sigma Green Belt Project
 
Webinar: How Army Soldiers Can Advance Their Careers With Green Belt Training...
Webinar: How Army Soldiers Can Advance Their Careers With Green Belt Training...Webinar: How Army Soldiers Can Advance Their Careers With Green Belt Training...
Webinar: How Army Soldiers Can Advance Their Careers With Green Belt Training...
 
Webinar: Going Remote - How Process Improvement Teams Collaborate Virtually
Webinar: Going Remote - How Process Improvement Teams Collaborate VirtuallyWebinar: Going Remote - How Process Improvement Teams Collaborate Virtually
Webinar: Going Remote - How Process Improvement Teams Collaborate Virtually
 
How to Request Army Credentialing Assistance on ArmyIgnited.com
How to Request Army Credentialing Assistance on ArmyIgnited.comHow to Request Army Credentialing Assistance on ArmyIgnited.com
How to Request Army Credentialing Assistance on ArmyIgnited.com
 
Webinar: Remote Learning - How to Successfully Switch Lean Six Sigma Training...
Webinar: Remote Learning - How to Successfully Switch Lean Six Sigma Training...Webinar: Remote Learning - How to Successfully Switch Lean Six Sigma Training...
Webinar: Remote Learning - How to Successfully Switch Lean Six Sigma Training...
 
Webinar: How Tax Preparers & Accountants Can Increase Their Profitability Usi...
Webinar: How Tax Preparers & Accountants Can Increase Their Profitability Usi...Webinar: How Tax Preparers & Accountants Can Increase Their Profitability Usi...
Webinar: How Tax Preparers & Accountants Can Increase Their Profitability Usi...
 
Webinar: Remote Learning - How to Brainstorm Lean Six Sigma Improvement Ideas
Webinar: Remote Learning - How to Brainstorm Lean Six Sigma Improvement IdeasWebinar: Remote Learning - How to Brainstorm Lean Six Sigma Improvement Ideas
Webinar: Remote Learning - How to Brainstorm Lean Six Sigma Improvement Ideas
 
Webinar: How to Facilitate Successful Virtual Kaizen Events
Webinar: How to Facilitate Successful Virtual Kaizen EventsWebinar: How to Facilitate Successful Virtual Kaizen Events
Webinar: How to Facilitate Successful Virtual Kaizen Events
 
Webinar: Online Green Belt Workshop Information Session
Webinar: Online Green Belt Workshop Information SessionWebinar: Online Green Belt Workshop Information Session
Webinar: Online Green Belt Workshop Information Session
 
Webinar: Online Green Belt Information Session
Webinar: Online Green Belt Information SessionWebinar: Online Green Belt Information Session
Webinar: Online Green Belt Information Session
 
Webinar: Going Virtual - How to Coach Problem Solvers on A3s
Webinar: Going Virtual - How to Coach Problem Solvers on A3sWebinar: Going Virtual - How to Coach Problem Solvers on A3s
Webinar: Going Virtual - How to Coach Problem Solvers on A3s
 
Webinar: How to Manage Your Project to Completion Using the Project Builder
Webinar: How to Manage Your Project to Completion Using the Project BuilderWebinar: How to Manage Your Project to Completion Using the Project Builder
Webinar: How to Manage Your Project to Completion Using the Project Builder
 
Webinar: DMAIC: Common Challenges & How to Overcome Them
Webinar: DMAIC: Common Challenges & How to Overcome ThemWebinar: DMAIC: Common Challenges & How to Overcome Them
Webinar: DMAIC: Common Challenges & How to Overcome Them
 
WEBINAR: How to Deploy Lean Six Sigma in Your Organization
WEBINAR: How to Deploy Lean Six Sigma in Your OrganizationWEBINAR: How to Deploy Lean Six Sigma in Your Organization
WEBINAR: How to Deploy Lean Six Sigma in Your Organization
 
WEBINAR: Introduction to Process Management
WEBINAR: Introduction to Process ManagementWEBINAR: Introduction to Process Management
WEBINAR: Introduction to Process Management
 
Webinar: How to Use a Fishbone Diagram (Encore!)
Webinar: How to Use a Fishbone Diagram (Encore!)Webinar: How to Use a Fishbone Diagram (Encore!)
Webinar: How to Use a Fishbone Diagram (Encore!)
 
Project Storyboard: Reducing Cycle Time for Bid Tab Creation by 33%
Project Storyboard: Reducing Cycle Time for Bid Tab Creationby 33%Project Storyboard: Reducing Cycle Time for Bid Tab Creationby 33%
Project Storyboard: Reducing Cycle Time for Bid Tab Creation by 33%
 

Recently uploaded

Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpinRaunakKeshri1
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...Sapna Thakur
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdfQucHHunhnh
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesFatimaKhan178732
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeThiyagu K
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionSafetyChain Software
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxheathfieldcps1
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
The byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxThe byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxShobhayan Kirtania
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 

Recently uploaded (20)

Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
 
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and ActinidesSeparation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory InspectionMastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory Inspection
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
The byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptxThe byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptx
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
Advance Mobile Application Development class 07
Advance Mobile Application Development class 07Advance Mobile Application Development class 07
Advance Mobile Application Development class 07
 

What are the benefits of using Lean Six Sigma?

  • 1. © Copyright 2015 GoLeanSixSigma.com. All Rights Reserved. What Are The Benefits Of Using Lean Six Sigma? Lean Benefit: Increases Revenue Before processes were improved, 200 loans were successfully funded per month. Inefficient processes = less revenue. Before Lean: Loans processed per month = After Lean: After processes were improved, 600 loans were successfully funded per month. More funded applications = more revenue. Loans processed per month = Home Loans Revenue Home Loans Revenue Lean Benefit: Decreases Costs Before processes were improved, 2 out of 4 computers had broken screens. More defects = increased costs. Before Lean: Computers On Assembly Line After Lean: After processes were improved, No computers had broken screens. Less defects = decreased costs. Computers on Assembly Line = Computers Assembled Cost due to defects = Computers Assembled Cost due to defects Lean Benefit: Increases Efficiency Before processes were improved, 1 doctor could only see 4 patients successfully. Decreased efficiency = less successful patient visits. Before Lean: Patients Seen Per Doctor = After Lean: After processes were improved, 1 doctor could see 9 patients successfully. Increased efficiency = more successful patient visits. Patients Seen Per Doctor 1 Doctor Satisfied Patients = 1 Doctor Satisfied Patients Lean Six Sigma Benefit: Develops Effective People Successful Lean Six Sigma projects develop a sense of ownership and accountability for your employees. Success is felt and drives success up and down pyramid. CEO Executives Managers Front-Line Employees