The major setback which is faced by industries is in the form of dilemma, deciding which project must be of utmost optimization attention.Such issues create a sense of confusion and often leads to a thinking that LSS is just a myth which cannot be implemented in a real time scenario. One must be aware of the facts that some misleading points can be encountered in the way of finding an effective project.
In addition to it, it is necessary for an organizations,whether manufacturing or services, to ink their daily processes in light of strategic objectives. Time oriented and measurable objective can be a sigh of relief,when it comes to developing a project charter. Bearing in mind that a system is a composite of processes ,while processes are entities developed on the business metrics. Let us have a look at three basic steps,
Start with an End in mind
- What does your final deliverable need to look like?
- What benefits should be reaped by the end of it?
Look at the current state
- Study and evaluate the current state of process and map out the gap-analysis of certain domain.
Choose the methodology
- Based on the level of expertise and staff enumerative level, select methodology like; Lean ,Six Sigma etc.
By tuning the optimal configuration of these elements , a strategic driven project can be unearthed.
Lastly, along the analysis of KPI’s in light of visionary objectives, following are the basic necessities which can lead to fruitful perks for a company.
You dont have to wait until the rainy day arrives. You can use common sense in orchestrating a strategy to device a remedy for the problem. Not every LSS tool is applicable in every situation. Though, following the 3 major points can make the project selection easy and getting financial returns ASAP.