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Lean Enterprise: Mematech Financial Company - Essay Example

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"Lean Enterprise: Mematech Financial Company" paper states that in the evolution of Lean Sigma Enterprise, Mematech Pharmaceutical Company is in the early successes. At this stage, Mematech’s initial projects are underway. Their improvements have shown crucial impacts and financials…
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Lean Enterprise: Mematech Financial Company
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Extract of sample "Lean Enterprise: Mematech Financial Company"

Question Mematech Financial Company wants to use the system of management that will lead to a project’s steady pipeline that is prone to improvement. This system of development is called the lean sigma. Lean sigma will offer guidelines for selecting the correct and timely projects. After selecting the project, the organization will use the lean sigma to refine them and then deliver sustainable and quantifiable outcomes. In Lean Sigma, the organization is in the defining phase.

At this stage, the organization is in the process of defining the problems that it will fix. Here the project leaders create a charter for the project, create the process high-level view, and start understanding the customer’s need for the process. This is the critical stage for the company where the leaders define their effort outline for the leadership and themselves. This is an important stage, where the previous successes must be publicized so that the entire organization can see the impact of the lean sigma. The technology drivers that influence the lean sigma enterprise’ evolution are Enterprise Resource Planning and Customer Relationship Management. The advantage of the technology is to re-design the solution and offer discipline and process systemization (Taghizadegan, 2006). The key challenge is ensuring that the projects are through early and that the company’s financial impacts are meaningful. 

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