Business Excellence - is the adoption of outstanding practices in managing the organisation and achieving results. These include (but not limited to) continuous evaluation of the market and competition, internal policy assessments, being flexible with business strategies and goals (for course correction), building a culture of excellence and adoption of best practices. These practices evolve into business models outlining how world class organizations should operate.
Master Black Belt is a Lean Six Sigma expert who is usually in a strategic role in the organization. Their responsibilities include coaching and guiding (GBs and BBs), creating and owning the roadmap for business excellence in the organization and act as a consultant on strategic initiatives of the organization.
An application-oriented question on the topic along with responses can be seen below. The best answer was provided by Shraddha Sequeira on 2nd Jun 2022.
Applause for all the respondents - Shraddha Sequeira, P Balakumaaran.
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