Continuous improvement is an ongoing effort to improve products, services or processes. These efforts can seek “incremental” improvement over time or “breakthrough” improvement all at once. Among the most widely used tools for continuous improvement is a four-step quality model the plan-do-check-act (PDCA) cycle, also known as Deming Cycle or Shewhart Cycle: .

Plan: Identify an opportunity and plan for change.

Do: Implement the change on a small scale.

Check: Use data to analyze the results of the change and determine whether it made a difference.

Act: If the change was successful, implement it on a wider scale and continuously assess your results. If the change did not work, begin the cycle again.

Other widely used methods of continuous improvement — such as Six Sigma, Lean, and Total Quality Management — emphasize employee involvement and teamwork; measuring and systematizing processes; and reducing variation, defects and cycle times

At FinLeap, we have qualified Lean Sigma Professionals accredited by Six Sigma Academy to support you on

• Operational Excellence through
  • Elimination of waste
  • Standardisation
  • Simplification
  • Automation
• Cost reduction
• Business Process Reengineering
  • Improvement in existing business Processes
  • Internal Controls Strengthening
  • Cost Optimization & Efficiency improvement
  • Project managing ERP Implementations
  • Implementation of Internal Audit Findings
• Data Analytics