increase profits with process improvement

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This presentation demonstrates how to reduce waste and increase profits. Any business can benefit from this presentation.

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04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

1

Increase ProfitsPROCESS 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

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

2

Sustain GrowReturn of investment

Budget Cuts

Scarce Resources

Lay offs

Business Goals

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

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

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

4

Holistic approach to problem resolution

What is Process Improvement ?

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

5

Competitive

advantage

Dissatisfied

customers

Meet deadline

s

Increase ROI

Compliance

Quality

Reduce time to market

Budget cuts

What problems can be solved?

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

6 What does it take?

Money

People

Time

Management Support

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

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”

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

8 How to Start?

Estimate resources

Quantify value

Showcase value to management

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

9 Who does it?

Project by Project Manager

Process Expert Project Team

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

10 What is done?

Investigate people

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

11

Investigate process

What is done?

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

12

Investigate systems

What is Done?

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

13

Investigate culture

What is Done?

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

14

Gap analysis Device solutions Design new process Implement changes Change management

What is Done?

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

15

Monitor results Measure performance Make adjustments

Continuous Process Improvement

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

16 In a Nut Shell

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

17What is the Outcome?

Reduced costs

Increased quality

Increased efficiency

Increased effectiveness

Return of investment

Value delivered to all stakeholders

04/14/2023www.xzealgs.com; service@xzealgs.com; 770-628-0928; Blog: http://xzealgs.com/profit-lean-budget

18Free business problem assessment

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19 Blog & video: http://xzealgs.com/profit-lean-budgetFollow us: https://www.facebook.com/xzealgs?ref=hlhttps://twitter.com/Shob_SKhttps://plus.google.com/101219078535557245250/posts (https://www.youtube.com/channel/UCsyWvqzkUszZTbzUqtRfbrg/about?edit_links=1#c4-primary-header-contents)

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