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What are the benefits of Lean Six Sigma?

For Individuals:

Businesses are always looking for ways to improve their processes and services, hence the Lean Six Sigma certification is an important one. If an individual is able to show evidence of how using Lean Six Sigma saved money then they quickly gain the attention of potential employers. Those with a Lean Six Sigma certification display a variety of analytical skills and exhibit dedication to improvement mechanisms. Career prospects are strengthened as a Lean Six Sigma qualifications enable individuals to make professional advancements. Overall, Lean Six Sigma benefits for individuals include:

 

  • Exceptional knowledge and understanding of Lean Six Sigma principles

  • Practical application of Lean Six Sigma

  • Be an active Lean Six Sigma team member

  • Excellent analytical skills and data interpretation

  • Demonstrates devotion to implementation of improvement procedures

  • Driven by the desire for high quality

  • Stand out to employers, hence can better career and salary prospects

 

For Businesses and Employers:

Lean Six Sigma certifications are favoured by employers due to the variety of positive impacts they can have on their business. The general goal of Lean Six Sigma is business performance improvement, consequently the implementation of Lean Six Sigma ideologies enables extensive business developments to occur. Continuous development is necessary in order to keep up with competitors, and the application of Lean Six Sigma framework is a way to achieve this. Seemingly, the most notable benefit of Lean Six Sigma for businesses has been the financial savings. The US Army declared Lean Six Sigma saved them over $2 billion, hence this presents just one example of Lean Six Sigma cost saving capabilities. Benefits for businesses and employers include:

 

  • Discloses issues with processes and resolves them quickly, hence reducing financial loss deriving from defects

  • Therefore less time can be assigned to business improvement projects

  • Globally applicable to a wide range of industries from construction to retail, despite business size

  • Helps cope with increasing competition and rising costs

  • Business performance development and expansion

  • Greater attention is given to the quality of products and services, thus resulting in improved business efficiency

  • Heightened customer satisfaction and value, resulting in better business reputation

  • Gain opportunities to deliver new services and products due to increased revenue

  • Enhanced morale and efficiency, as employees become interested in improvement processes