Lean Six Sigma as a Methodology to Implement Green Economics Initiatives

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Green economics is trending across industries. Moreover, green economy leadership contrasts the traditional management practices because more development methodologies can be utilized to demonstrate an individual’s aptitude. Additionally, there has been a critical move in cutting edge economies from attracting green economics funders to how to better manage data analytics and development processes. Globally, the awareness of green economics has grown exponentially. Innovation is changing the idea of how people define sustainability. Centralized leadership, information sharing, cooperation, and advancement are more prevalent than before. Web-based applications have superseded automation. Achievement lies in having the capacity to impart, offer, and utilize data analytics to mitigate complex issues; to adapt to new requirements and evolving conditions; to marshal and extend the wave of innovation, and to usher new management techniques. There are several methods and processes for quality improvement in green economics, including Lean (elimination of waste), Six Sigma (SS) (metrically defined), Lean Six Sigma (LSS), Total Quality Management (TQM) (built-in quality), and Leadership. These methodologies are examined in relation to how LSS is utilized to improve green economics in manufacturing, automotive, healthcare, and higher education industries.