Increase profits with process improvement
Download as PPTX, PDF
6 likes2,891 views
This presentation demonstrates how to reduce waste and increase profits. Any business can benefit from this presentation.
Increase profits with process improvement
- 1. Increase Profits PROCESS IMPROVEMENT I shall try to correct errors when shown to be errors, and I shall adopt new views so fast as they appear to be true views - Abraham Lincoln www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 1
- 2. Sustain Grow Return of investment Budget Cuts Scarce Resources Lay offs Business Goals www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 2
- 3. What is Process Improvement ? Review current process Identify non- value added activities Eliminate waste Implement changes To discover new ways of doing something - look at a process as though you were seeing it either for the first or last time -Mitchel Martin Changing the current way of doing things www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 3
- 4. Holistic approach to problem resolution What is Process Improvement ? www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 4
- 5. Competitive advantage Dissatisfied customers Meet deadlines Increase ROI Compliance Quality Reduce time to market Budget cuts What problems can be solved? www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 5
- 6. What does it take? Money People Time Management Support www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 6
- 7. Use top down approach Select the process needing immediate attention Narrow down the process to improve Engage an expert How to start? Increase ROI Customer Satisfaction Increase quality Think big, see small and scale fast www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 7
- 8. How to Start? Estimate resources Quantify value Showcase value to management www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 8
- 9. Who does it? Project by Project Manager Process Expert Project Team www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 9
- 10. What is done? Investigate people www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 10
- 11. Investigate process What is done? www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 11
- 12. Investigate systems What is Done? www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 12
- 13. Investigate culture What is Done? www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 13
- 14. Gap analysis Device solutions Design new process Implement changes Change management What is Done? www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 14
- 15. Monitor results Measure performance Make adjustments Continuous Process Improvement www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 15
- 16. In a Nut Shell www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 16
- 17. What is the Outcome? Reduced costs Increased quality Increased efficiency Increased effectiveness Return of investment Value delivered to all stakeholders www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 17
- 18. Free business problem assessment www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 18
- 19. www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget 8/27/2014 19 Blog & video: http://xzealgs.com/profit-lean-budget Follow us: https://www.facebook.com/xzealgs?ref=hl https://twitter.com/Shob_SK https://plus.google.com/101219078535557245250/posts (https://www.youtube.com/channel/UCsyWvqzkUszZTbzUqtRfbrg/about?edit_lin ks=1#c4-primary-header-contents)