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Lean Six Sigma represents a management approach for driving innovating processes inside a company in order to achieve superior results. It involves a practical analysis based on facts, aiming the innovation and growth, not only the efficiency of processes. It is a long term process of gradual and continuous improvement. The application of Lean Six Sigma in companies led to attaining superior financial performance by addressing new needs, by differentiating the products and services or by adjusting the business lines to new processes. Quality is more than making things without errors. It is about making a product or service meet the individual perception of a customer about the quality or value. Therefore, in what regards Lean Six Sigma, the concern is not only to "do the things right" but also to "do the right things right". We focus on the impact of implementing the Lean Six Sigma approach on Forbes Top 25 companies, seeking for the correlation between the implementation of Lean six sigma and the performance of top 25 Forbes companies. 22 of the 25 top fortune companies communicate that they use Lean six sigma to improve performance.

the international journal of engineering and science

Analysis of Relation Between Financial Performance and the Use of Lean Six Sigma by the Top Fortune Companies Worldwide as Published by Forbes Magazine