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.
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