Question: There are several different continuous improvement methodologies available to companies and individuals who want to systematically improve performance. These methodologies provide a rigor that allows

There are several different continuous improvement methodologies available to companies and individuals who want to systematically improve performance. These methodologies provide a rigor that allows deeper examination and analysis of a process, problem, situation, issues, and so forth. Within each methodology, there are specific methods and tools that allow analysis to occur in proven groupings or in a proven sequence in order to provide consistent, standardized results to the user.

Examples of continuous improvement methodologies:

  • Lean
  • Six Sigma
  • Theory of Constraints
  • Agile

A non-exhaustive list of methods and tools:

  • Value Stream Mapping
  • Rapid Prototyping
  • DMAIC
  • 8-step Problem Solving
  • Root Cause Analysis
  • 5-Why
  • Fishbone
  • Statistical Analysis

This project is designed to demonstrate application of these methodologies and tools in a real-world example. Using at least three methodologies and tools to generate an action plan, develop a solution to the problem identified by including the following in your final project and presentation:

  • Brainstorm issues, problems, needs, and opportunities in your own workplace or in a business operation that you are familiar with, where you believe that applying continuous improvement tools will make a true business impact.
  • Select a methodology with which to approach your selected idea.
  • Outline the steps to determining a solution.
  • Select tools needed to perform the analysis.
  • Gather information and data to make a valid analysis.
  • Perform the analysis.
  • Create a final report document and a presentation for class viewing.

Instructions

In a written narrative please cover the assignment areas listed above in a step-by-step reporting of how your problem was selected and analyzed (methods and tools used, steps taken, etc.). Be sure to include the estimation of the overall business impact and proposed value of the selected solution(s). And finally, construct an action plan and a timeline for implementation.

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