How Effective is Lean Training for the Financial Sector?
Lean training can provide businesses such as banks, insurance and investment companies with more productive and cost-effective solutions, therefore reducing risk during an economic dip. Lean training will also help to improve employee satisfaction, increase customer value and ensure the supporting activities are focused on delivering value.
Financial firms are a prime example of a service sector that cannot afford to be wasteful, due to strong competition, the impact of the recent financial crisis and vulnerability to economic downturns. Yet, it is claimed that at least 40% of costs in the financial sector are spent on wasteful activities that have no added value to the customer. Although they cannot control the fluctuating economy, financial companies can however invest in refining and redefining their own operations to ensure more effective and customer focused operations.
Financial Sector Explores the Benefits of Lean Training
The financial services sector is highly regulated with little or no room for error. Today the cost of quality and data accuracy is high on the radar for those organisations who want to remain competitive and build market share. Many banks, finance houses and data processing organisations have started to explore the benefits of Lean Training. There are numerous opportunities to transform and simplify processes across every financial organisation. Those who do so successfully will substantially reduce their service lead times, drive down costs and create additional business capacity.
All too often however, organisations that embrace Lean, try to run before they can walk. They wind up making the simplification process complex.
Acclino Lean Training Tools and Techniques
Here at Acclino, we have distilled the essence of Lean, Six Sigma and Project Management into one framework and a handful of simple to use tools. The Acclino framework will work on any process in any organisation.
- It is simple to understand and apply.
- It will fully engage your people.
- Delivers outstanding results.
- No Jargon, no exams, no pain, no excuses.
- Acclino make it simple and keep it simple.
So How Will Acclino’s Lean Training Model Work for the Financial Services Sector?
At Acclino we know that transforming a process is both a science and an art. We will walk you through the science, step by step, in a highly interactive, learning-by-doing workshop. We will also teach you the art of process transformation and how to fully engage people using real life case studies.
Take a Look at Some of Acclino’s Outstanding Achievements in the Financial Sector:
- Financial processes transformed with 60% of unnecessary steps eliminated while at the same time making those process more robust and safe.
- Documentation right-first-time rates increased to 99%.
For more information on Acclino’s Lean Training services, please get in touch via the website https://www.acclino.com/contact-acclino.com
Whether you are the sponsor, the owner, the facilitator or a key team member this training course will work for you and your organisation. Join us on our next Lean training programme and start your process transformation.