Demand for Lean Talent Outpaces Six Sigma in Down Economy?
I've known Tim Noble for a few years now, so I'm going to basically print his press release as a guest post here. We chatted on the phone the other day and he threw out an acronym that made me chuckle: “LINO – Lean In Name Only.” I would assume that, even in this job market, lean thinkers might want to avoid these companies or recognize the trade off that the job with a LINO might come with a lot of frustration (but at least it's a job).
What are your views on the lean talent market, as a job seeker or a company that's hiring? It seems like there are many talented people on the market right now and maybe smart companies can snap up that talent to further strengthen (or start) their Lean efforts?
Lean Talent Demand Widens Lead Over Six Sigma in Bleak Economy
Fifth annual study by executive search firm The Avery Point Group finds Lean talent demand continuing to surpass Six Sigma as companies grapple with todayâ€šÃ„Ã´s bleak economic environment
ATLANTA, March 3, 2009 — The recession and rapidly slumping sales are forcing many companies to reevaluate their priorities with regard to their continuous improvement initiatives. As a result, demand for Lean talent is showing signs that it is accelerating its edge over Six Sigma as the more desired skill set, according to a new study by The Avery Point Group, a global executive recruiting firm specializing in Lean and Six Sigma talent.
“As an executive recruiting firm, we have a unique vantage point from which to observe the latest trends taking place in industry,” explains Tim Noble, managing principal of The Avery Point Group. “Trends in industry are often telegraphed into candidate requirements in job postings, and they can serve as a window into the latest corporate initiatives. Our annual study continues to serve as an industry benchmark that offers useful insight into the latest trends taking place in the area of corporate continuous improvement.”
Based on its fifth annual study of Internet job postings, The Avery Point Group found that demand for Lean talent continues to gain ground over Six Sigma as the more desired skill set, reinforcing last yearâ€šÃ„Ã´s study that signaled an ongoing shift in focus toward Lean. This yearâ€šÃ„Ã´s study showed that Lean talent demand exceeded Six Sigma by almost 11 percent, further widening its lead over last yearâ€šÃ„Ã´s results that showed only a slight edge for Lean over Six Sigma.
This yearâ€šÃ„Ã´s study also found, for those companies seeking Lean talent, only 44 percent are requiring candidates to possess Six Sigma knowledge as well. On the other hand, for those companies seeking Six Sigma talent, fully 49 percent of the roles also require candidates to possess Lean knowledge. â€šÃ„ÃºReflecting the broader job market, demand for Lean and Six Sigma talent is down versus 2008 and 2007 peak levels,â€šÃ„Ã¹ states Noble. â€šÃ„ÃºHowever, on a relative basis for the hiring that is taking place, companies are starting to shift more and more of their focus toward Lean. This is perhaps an indication that they see Lean as a better and more practical hedge against todayâ€šÃ„Ã´s tough economic challenges.â€šÃ„Ã¹
The Avery Point Group fully expects this shift toward Lean to accelerate further as the recession grinds on through 2009. â€šÃ„ÃºWe have had a situation in the past couple of months where companies have had to take unprecedented and drastic actions, shedding large amounts of labor to bring their cost structure and inventories in line with plummeting sales,â€šÃ„Ã¹ comments Noble. â€šÃ„ÃºAs the dust settles, and as companies regain their footing, some may find that their remaining operations arenâ€šÃ„Ã´t as flexible or as effective at servicing their marketâ€šÃ„Ã´s new realities. For some companies this situation can be a transformational opportunity to leverage Lean, while for others it could spell further disaster.â€šÃ„Ã¹
The Avery Point Group is already seeing a few forward-thinking companies seizing on Lean as a competitive and strategic opportunity to transform their businesses amid the recession. These companies see Lean as a key to reducing waste, improving cash flow and improving operational flexibility, thus enabling them to adjust more quickly to the new realities of todayâ€šÃ„Ã´s economic climate. As the nation exits the recession, these forward-thinking companies may be well-positioned to leverage huge productivity gains as volume returns, outpacing their competitors with higher inventory turns, greater operational flexibility and lower operating costs.
Could the recession and the growing shift in talent demand toward Lean be signaling the beginning of the end for Six Sigma? â€šÃ„ÃºCertainly not,â€šÃ„Ãº concludes Noble. â€šÃ„ÃºThe overall foundation of continuous improvement should be viewed as a collection of tool sets that includes both Lean and Six Sigma, which are applied when and where appropriate. Overall, there are certainly benefits to integrating both methodologies, but the steep challenges of todayâ€šÃ„Ã´s recession may be better served by Leanâ€šÃ„Ã´s more immediate and practical focus on waste, flow, and flexibility.â€šÃ„Ã¹
For more information about The Avery Point Group and its executive search and recruiting services, contact Tim Noble at 678-585-9804.