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CPD

Lean Finance

Speaker: Kevin Dilton-Hill BEcon, MCom, ACA, CA (SA), CPA(New York) 
22 Sep 2009 (London), 07 Dec (York)
Time:
9.00 - 5.00
Location:
London (22 Sep), York (07 Dec)
CPD Hours/Units: 8 CPD hours (for non-CIMA members)

Introduction

Applying Lean Six Sigma methods in finance and other administration and support areas.

The pressure to reduce costs is relentless and finance and administration areas are not excluded. If your business imperatives demand significant cost reductions or increases in capacity in a three to six month time horizon without large-scale IT changes, then the approach and methods in this seminar are appropriate.

Lean manufacturing focuses on speed whilst traditional Six Sigma focuses on quality variances. By combining the two, the result is better quality, quicker.

This course focuses on applying the improvement methods that have been so successful in manufacturing companies such as Toyota and Dell to administrative functions ranging from invoicing and collection through to monthly reporting.  However there is a big difference between manufacturing and administration processes because people inherently introduce variability into administration processes.  This poses challenges to many Lean Six Sigma methods.

The speaker has more than a decade of experience with Lean Six Sigma in the office environment. He has modified Lean Six Sigma methods to make them very effective in finance and other administration areas.

Who will benefit 

Financial managers and other professionals involved in and wishing to improve any type of transaction processing and reporting in administration areas such as finance, HR, sales, purchasing and customer services.

What you can gain 

  • The pressure to reduce costs is relentless and finance and administration areas are no exception. If your business imperatives demand significant cost reductions or increases in capacity in a three to six month time horizon without large scale IT changes then you can benefit from the approach and methods in this seminar.
  • The seminar also covers Blitz Kaizen which is a structured, one week programme that uses Lean 6 Sigma for continuous improvement
  • This seminar focuses on applying the improvement methods that have been so successful in manufacturing companies such as Toyota, GE and Dell to administrative functions ranging from invoicing and collection through to monthly reporting.
  • The big difference between manufacturing and administration processes is that people inherently introduce variability into administration processes. This poses challenges to many lean six sigma methods. However, appropriate modifications to lean six sigma methods make them really effective in finance and other administration areas.

Course content 

  • Introduction to Lean Six Sigma in administration processes
  • Minimising errors
  • Reducing lead time
  • Eliminating non-value adding work
  • Reducing work-in-progress
  • Reducing process complexity
  • Identify and implement customer-led service improvements
  • Design effective lean six sigma projects

FEE: £580 + VAT

For further details:

To book on this course please complete the form below, and an invoice will be sent to you for payment.

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Terms:
A full refund (less 20% administration charge) will be made for cancellations received in writing or by email not less than 15 days prior to the course. Cancellations after this time are charged at the full fee or Block Places treated as utilised.

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