What is Six Sigma
Six Sigma centers on building first-class company, streamlined, efficient performance standards and on delivering a business framework and process by which these can be achieved. This is accomplished mainly on a project-by-project team basis, using staff skilled in efficient capability improvement methodology, within a responsive business culture and perpetuating infrastructure. While particularly important to the boosting of value of goods and services from a customer standpoint, Six Sigma is in addition especially suitable to increasing the performance and productivity of all processes, activities and operations inside any business. Projects are therefore selected and operated on the justification of their relevancy to improved customer satisfaction and their influence on company efficiency improvement using gap analysis, specifically, prior quantitative measurement of current capabilities and comparability with that preferred.
S ix Sigma, in present business use, has a double significance. Six Sigma offers, on the one hand, a top- class standard or bench-mark for product and service features and for process specifics. But then again, Six Sigma relates to the designed process itself directed at gaining this level of quality. These two connotations vary with the exact statistical definition of the term. Achievement in Six Sigma is reliant on involved senior management control and mentoring, an existing infrastructure, particularly, the black belts and green belts, a continuous project emphasis on ‘net profit’ potential and gains, with effective teams skilled in implementing a planned strategy and methodology to secure excellent successes.
Six Sigma does not normally call for large capital investment other than for funding in the teaching and advancement of the individuals in the process. It will, nevertheless, need lasting dedication from senior management in the continuous process of continual improvement through effective involvement, assistance and analysis and the provisioning of relevant resources. Nonetheless, monetary rewards should begin to be seen with the conclusion of the 1st group of projects started. Outcomes from businesses totally dedicated to the Six Sigma methodology show that the economic rewards make a very considerable impact on the businesses' profits.