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EFFECT OF LEAN PRACTICES ON OPERATIONAL PERFORMANCE OF MICROFINANCE INSTITUTIONS IN MOMBASA COUNTRY PLAIN M. MADIAVALEA RESEARCH PROJECT SUBMITTED IN PARTIAL Fulfillment OF THE REQUIREMENTS FOR THE
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01
Identify the current business processes that can be improved with lean practices.
02
Define the key goals and objectives for implementing lean practices.
03
Educate and train employees on lean principles and techniques.
04
Create a cross-functional team to lead and implement lean practices.
05
Map out the current and future state of the processes to identify areas of waste and inefficiency.
06
Implement visual management techniques to make problems and progress visible.
07
Continuously measure and analyze performance metrics to identify areas for improvement.
08
Eliminate or reduce non-value-added activities through process redesign.
09
Implement a system for continuous improvement, such as the Plan-Do-Check-Act (PDCA) cycle.
10
Regularly review and revise the lean practices to ensure long-term sustainability.

Who needs effect of lean practices?

01
Manufacturing companies looking to improve operational efficiency and reduce waste.
02
Service organizations seeking to streamline processes and improve customer satisfaction.
03
Healthcare institutions aiming to enhance patient care delivery and reduce medical errors.
04
Government agencies striving to increase effectiveness and eliminate bureaucracy.
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Startups and small businesses striving to optimize limited resources and improve productivity.
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Any organization looking to foster a culture of continuous improvement and innovation.
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Lean practices aim to eliminate waste, improve efficiency, and add value to processes.
Organizations implementing lean practices are required to document and report their impact.
Fill out the effect of lean practices by documenting the changes made, results achieved, and lessons learned from implementing lean practices.
The purpose of the effect of lean practices is to assess the impact of lean initiatives on operations and performance.
Information such as specific improvements, cost savings, productivity gains, and customer satisfaction levels must be reported on the effect of lean practices.
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