What is Six Sigma?
Six Sigma is quality management and process improvement method invented in 1986. Today, Six Sigma is believed to the ultimate standard for process and quality management, as well as process output management in a number of industries.
Originally developed by a Motorola employee, Six Sigma was fully implemented iIn 1996 by General Electric. Six Sigma approach is mostly based on the logic of identifying and removing causes of defects/deviations of the process outputs, minimizing variability in manufacturing in business processes. Consequently, all Six Sigma results are highly quantified, which makes it a convenient tool. Six Sigma methodology employs a variety of quality management approaches, including common statistical methods, empirical approaches and the like.
What organizations can benefit from Six Sigma?
Although Six Sigma was originally developed with big manufacturers in mind, this methodology is now popular with a wide variety of organizations. From big companies to SMBs, everyone can benefit from Six Sigma management approaches. Since Six Sigma lists customer satisfaction as one of the main KPIs, it became especially popular among companies to which customer satisfaction is one of the top priorities. These include insurance companies, healthcare organizations, as well as financial service providers.
What are Six Sigma belts?
Six Sigma levels of expertise are referred to as belts – just like in karate, where the highest level of mastery is the Black Belt. There is also Green Belt, Yellow Belt and White Belt. Each belt has its specific role described in every detail and combined with skill set which every professional of this level should be fluent in. In every Six Sigma project, teach members have roles and responsibilities according to their belt level, which makes the team work in sync and achieve the results within the outlined timeframe.
What are the benefits of Six Sigma?
Six Sigma methodology has a number of benefits, including but not limited to:
- Reduced costs
- Increased profits
- Streamlined processes
- Maximized in-house talent
- Improved manufacturing timelines
- Improved employee morale
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