This presentation focuses on continuous improvement methodologies and tools and identifying strategies for improving quality and performance in targeted areas. It is based on Australian Hardware and is relevant to BSBSTR502 Facilitate Continuous Improvement Assessment.
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Table of content •INTRODUCTION •MAINBODY •Review of Australian Hardware. •Reviewing continuous improvement methodologies and tools and identifying strategies for improving quality and performance in targeted areas. •Analysing the impact of proposed introduction of continuous improvement measure on the organization as an integrated whole. •CONCLUSION •REFERENCES
INTRODUCTION The concept of continuous improvement is a lean improvement techniques that allows an organization to establish a streamline workflows. In addition to this, it allows an organization to work in an efficient manner and establish a workflow that is structured and will save time and money. Furthermore, the concept of continuous improvement also enables the business to reduce the production of waste relative to time and efforts. The following presentation is based on Australian Hardware which was established in the year of 1921. In the year of 1982 the organization was listed on the Australian Stock Exchange and was offered to the public in a share float. In addition to this, the business has continuously expanded with over 130 stores and approximate 10,0000 staff across the country.
Review of Australian Hardware. Strategic plan of the organization: The overall strategic plan of the organization is based on enhancing its sale revenue along with gross profits. In addition to this, the organization is focused on maintaining as well as increasing its overall market share in the marketplace. The strategic plan of the business further includes controlling direct and indirect cost of its operations. Operational plan of the organization: The operational plan of the business is focused on keeping its process optimal in order to attain high level of performance as well as productivity. In addition to this, the business has reliable suppliers that allow the organisation to ensure it is able to provide its customers with high quality product and services in an efficient manner.
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Mission and vision of the organization: The mission statement of the organization is oriented towards the direction of providing high quality products and service to its target customers which consist of home improves, DIYs and trade-persons. In addition to this, the organization is committed to providing its customers and trade-persons with value through everyday low prices, products that have high level of quality and providing them expert opinion. Moreover, the organization included developing a positive engagement with the community and being environmentally responsible in its mission statement. For its vision statement, the organization wants to be a leading hardware and home improvement organization in the market of Australia within the next five years.
Reviewing continuous improvement methodologies and tools and identifying strategies for improving quality and performance in targeted areas. Continuous improvement methodology: The continuous improvement methodology consist of tools and methods that are on going as well have a long-term approach in order to improve the overall process of an organization. In addition to this, it allows business to enhance its process, products along with services. The primary objective of continuous tools is to reduce the cost of operations, increase the quality of products and service along with enhancing the efficiency within an organization. TQM: TheTotalQualitymanagementisrefereedasa continuous effort by the management of an organisation as well as employees in order to ensure long term, customer loyalty and customer satisfaction. In context to Australian Hardware, the utilization of this continuous improvement tool will allow the organisation to enhance its customer service operations and attainhighlevelofefficiency.Givenbelowarethefour categories of the TQM in context to Australian Hardware:
Six Sigma: The term Six Sigma refers to a set of quality- control aspects that allow a business to eliminate defects and improve processinordertoenhancetheproductivityaswellas performance of the business. In context to Australian Hardware, the organization this this tool will be able to reduce errors as well as increase its efficiency. Given below are the steps of Six Sigma in context to Australian Hardware:
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Root cause analysis: A root cause analysis allows a business to identify variousfactorsthatcausenon-conformanceandshouldbe permanently eliminated through the process in order to improve it. In context to Australian Hardware, it will help the business to identify core issues and highlight their cause. Given below are the three questions root cause analysis provides in order to attaincontinuousimprovementincontexttoAustralian Hardware:
Brainstorming: Brainstorming is a quick and easy way through which an organisation is able to generate a large amount of ideas and possibility that can help in the improvement of the organization. In context to Australian Hardware, it will allow the business to gain situational creativity as well as unconstrained think in order to identify problems and develop innovative solution. This will allow the organisation to improve its productivity as well as efficiency.
Strategies for including and encouraging participants by the right individuals an teams: There are various strategies that can be utilized by a businessinordertoencourageparticipantsbytheright individuals and teams. This allows the business to keep its employeesmotivedandensureimprovementintheir performance.IncontexttoAustralianHardware,the organization can uses these strategies to improve the motivation of its employees and encourage their participation in continuous improvement. Given below are some of these strategies:
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Strategies for building ownership and a work culture that conductive to improving quality and reduce waste while providing high performance. There are various strategies that can be utilized by an organisation is order to establish ownership and work culture which will improve quality and reduce waste wile providing highperformance.IncontexttoAustralianHardware,the organisation through these strategies will be able to improve its overall performance and reduce waste related tom time and efforts. Given below are fee such strategies:
Analysing the impact of proposed introduction of continuous improvement measure on the organization as an integrated whole. Communicators to various stakeholders: Throughtheimplementationofcontinuous improvement strategies and tools the organization will be able to prove a better communication channel to its stakeholders. In addition to this, it will be able to develop an enhance framework which is optimal in its operations and reduces waste. This will helpthebusinesstoprovidegreatersatisfactiontoits stakeholders such as customers and suppliers as it will maintain ahighlevelofperformanceandprovidebettercustomer service. Moreover, it will be able to reduce cost of its produce will be appreciated by its customers.
Knowledge management and information flow: Throughtheimplementationofcontinuous improvement strategies and toolsthe organization will be able to develop an enhanced knowledge management system as well as improve the flow of information within the organization by establishing clear communication channels. In addition to this, theorganisationwillbeabletodocumentandrecordits performance in an effective manner and store it for future reference in measuring its overall performance. Moreover, it will also allow the business to keep track of its progress over time.
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Performance management: Establishing goals: The various strategies will allow the organization to establish attainable goals that are clear to the employees in order to keep them informed as well as motivated. KPI's: The organisation through continuous improvement tools will be able to monitor its performance of operations through various KPI's. This will help the business to measure its performance and develop solutions for any gaps that are identified relative to productivity. Training and coaching: The continuous improvement strategies and tools will help the business to proved a structuredtrainingandcoachingprogramtoitsemployeeswhichwillimprovetheir performance and provide them with essential skills to be efficient in their work.
Legislative compliance: Through implementation of continuous improvement strategies and tools the organization will be able to ensure that is able to accomplish legislative compliance and enhance its legaloperationssuchaspackagingandlabellinglawsby introduction of sustainability elements. In addition to this, it will motivate its employees through a structured organization framework that is based on the Corporation Act 2001 which will help enhance its brand image in the market and ensure its employees are bale to provide high level of performance.
CONCLUSION CONCLUSION From the above presentation it has been concluded that, it is crucial for an organization to focus on continuous improvement in order to enhance its current productivity as well as performance. The concept of continuous development allows a business to reduce the amount of water that is produced through its operation's as well as allows it to save cost and time. The presentation was effective in highlighting that there are various methodologies that can be used by a business in order to promote continuous development. In addition to this, there are various impacts of the implementation of such development tools and methodologies within an organization.
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