During the post-pandemic era companies are striving to deliver more with less resources available at their disposal. There are various industry practices such as Lean, Six Sigma and Agile which the companies are trying to understand and embrace. For a successful implementation of these strategies with an overall objective of delivering best value to the customer in the shortest possible time, it is necessary to understand the inner strengths of these philosophies to create a framework for effective implementation. While we talk about Lean, it is basically a methodology to systematically eliminate wastes from the system. Whereas, Six Sigma methodology ensures reducing the variability of a given system. Agile on the other hand, helps project teams to operate with more flexibility, allowing them to adapt to change quickly and develop a product or a service in a faster time as per the changing demand of the customer.
Learning Objectives
During the post-pandemic era companies are striving to deliver more with less resources available at their disposal. There are various industry practices such as Lean, Six Sigma and Agile which the companies are trying to understand and embrace. For a successful implementation of these strategies with an overall objective of delivering best value to the customer in the shortest possible time, it is necessary to understand the inner strengths of these philosophies to create a framework for effective implementation. While we talk about Lean, it is basically a methodology to systematically eliminate wastes from the system. Whereas, Six Sigma methodology ensures reducing the variability of a given system. Agile on the other hand, helps project teams to operate with more flexibility, allowing them to adapt to change quickly and develop a product or a service in a faster time as per the changing demand of the customer.
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