McKinsey Accentuates Aspiring Advantages of Continuous Improvement
We have talked previously about how to make the shift to continuous improvement. Let’s talk a little about what you will see if you peer inside a continuous improvement organization.
The core driver of continuous improvement is the belief that a steady stream of improvements, diligently implemented, will lead to transformational results. This mindset fuels the ongoing efforts to improve all elements of the organization. Occasionally these improvements are big, but most often they are small. What is most important is that they are frequent. This mindset leads to success by:
Innovating “how” they do what they do – big and small
Engaging all employees in sharing knowledge and generating improvements
Finding better ways to satisfy customers
Agile responses to changes in the business environment
Looking a little deeper, can you see the organizational elements that enable this success?
Performance transparency makes goals public and cascades those goals to all individuals of the organization. Progress is tracked to give all visibility into what’s working and what’s not.
Knowledge sharing is critical to replicate improvements and best practices throughout the organization. Deploying small cross-functional problem-solving teams breaks down the silos that prevent the free-flow of knowledge.
Employee involvement is a necessity in continuous improvement organizations. The frontline workforce knows how the work can be improved. Engaging them to actively improve processes is critical.
Continuous improvement has helped organizations across all industries provide greater value to their customers and build a competitive edge. Kure provides organizations the skills and tools to rapidly put these elements into practice.
Source: McKinsey & Company