Improvement Initiatives in GCR Insurance

Embed Size (px)

Citation preview

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    1/20

    Six sigmainitiatives in

    GCR InsuranceCase for Operation Management

    Aditya Ardiani Bambang Simaremare Ferdinand Cahyadi Johannes Wongkar

    Ridho Trimanto

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    2/20

    HISTORY

    Founded in 1922.

    Insurance for buidingcontractors and constructioncom!anies

    In 195start to gro" bigger

    In 2"as bought by

    Wichita #utua $rou!

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    3/20

    Geneva %& oca o'ces ()* agents

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    4/20

    !revious improvementinitiatives

    Ado!t T+#

    Run by ,uaity committee- ( !eo!ere!resentatie of each de!artment.

    /rgani0e training in ,uaity techni,ues. Com!any aocates sma im!roement budget

    for each de!artment.

    Im!roement !ans sti re,uired annuay- butthe committee has sto!!ed meeting fe" yearsago

    Annua a"ard meeting has become a genera

    communication meeting bet"een sta1s andhead uarter

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    5/20

    Six Sigma initiatives

    2ary 3**4 5 Tyko #attson attendedconference about /!erationa26ceence in Financia Serices.

    Se!tember 3**4 submitted a re!ort7What is si6 sigma and ho" might itbe a!!ied in $CR 89

    :ate 3**4- Tyko;s re!ort has beena!!roed by the main

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    6/20

    "#at is T$M an% Six

    Sigma

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    7/20

    T$M

    Tota& $ua&it' Management (T$M)isan incor!oratie !hioso!hy

    or ie"!oint of management for

    continuousy im!roing the ,uaity of!roducts and !rocesses at eery ee.Its !o!uarity reached its !eak in the

    ate >)(*s and eary >))*s

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    8/20

    Six Sigma

    Six Sigma isa managementtechni,ue used to e6ecute ,uaity intoits !roducts and !rocesses. It "as ?rst

    im!emented by #otoroa a @.S.com!any in the year >)(

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    9/20

    Met#o%o&ogies

    *e+ne, Measure, -na&'.e, Improvean% Contro& often caed *M-IC isutii0ed to im!roe !rocesses

    *e+ne, Measure, -na&'.e, *esignan% /erif' often caed *M-*/ isused for creation of the !roducts and!rocess designs

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    10/20

    $uestion 10Ho %oes t#e Six Sigma seem to

    %ier from t#e T$M approac#

    a%opte% 3' t#e compan' a&most2 'ears ago4

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    11/20

    T$M

    >. It "as a"ays seen assomething e6tra and takingtime a"ay from doing normaob.

    3. Cant im!ose the structure

    of an im!roement initiatiefrom the to!.

    %. 2erything had to be doneaccording to the handbook.The cost of ,uaity "asmeasured for di1erentde!artment according tohandbook too.

    D. /ny a ery fe" of the ocao'ce in the "ord eerado!ted T+# !hioso!hy

    Six Sigma

    >. Can reduce !rocess ariation-"hich "i hae a signi?cantim!act on o!erationa risk

    3. 2ngages senior managementactiey by estabishing

    !rocess o"nershi! and inkageto strategic obecties

    %. It forces a rigorous a!!roach todriing out ariance in!rocesses by anay0ing the rootcause of defect and errors andmeasuring im!roement.

    D. Combine some of the best !artof e6isting im!roementmethodoogies- toos andtechni,ues

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    12/20

    $uestion 20Is Six Sigma a 3etter

    approac# for t#is in% ofcompan'4

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    13/20

    Six Sigma is suita3&e for0 Com!anies "ho are mature in !rocess management

    Customer focused

    Si6 sigma o1ers more Ee6ibiity as com!ared to T+#- "hichre,uires a !rocess to conform "ith the rigid com!any;sstandard

    ot a 7,uick ?69 soution- therefore $CR needs to inest ineducation or e6terna sources to im!ement this a!!roach.

    As $CR !roides serice as its main !roduct- it can bene?t

    from the Ee6ibiity o1ered by Si6 Sigma as o!!osed to therigidity of T+#

    Si6 Sigma can be a better a!!roach for $CR if thecom!any aocates resources and time !ro!ery and

    committed itsef in the ong run im!ementation

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    14/20

    $uestion 60

    *o 'ou t#in T'o can avoi%t#e Sic Sigma initiative

    suering t#e same fate as t#e

    T$M initiative4

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    15/20

    !erformance Improvement

    A!art from o!eration strategy matri6G+uaity- S!eed- Cost- He!endabiity-Fe6ibiity. erformance im!roement isthe utimate obectie of o!erations and

    !rocess management.

    oCom!etitie !ressure increase

    oThe nature of "ord trade is changing

    oe" technoogy

    o Sco!e of o!eration "idened

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    16/20

    Managing Improvement

    Tota +uaity#anagement GT+#

    It is an a!!roach that !uts the ,uaityG,uaity deeo!ment- maintenance-im!roement at the heart ofeerything that is done by an o!eration

    :ean The idea that inentories had a

    negatie e1ect and that through!uttime "as more im!ortant than ca!acityutii0ation

    Si6 Sigma A disci!ine methodoogy of de?ning-measuring- anay0ing- im!roing and

    controing the ,uaity in eerycom!any;s !roducts- !rocesses andtransaction "ith utimate goa ofeiminating defects

    Business rocess

    re

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    17/20

    T$M Six Sigma

    Ba ba ba Ba ba ba

    Ba ba ba Ba ba ba

    Ba ba ba Ba ba ba

    Conc&usion07

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    18/20

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    19/20

  • 7/23/2019 Improvement Initiatives in GCR Insurance

    20/20