Try Six Sigma

All the CEO’s and directors of today’s modern business are very much concerned on the situation and their day to day performance. Over the last couple of years most of the companies has consulted with specialists to work on their Six Sigma. Multinational companies are even conducting trainings or scheduling their training programs for Six Sigma. It shows and monitors statistically the impact of business expenditure and customer impact to achieve targeted GOP and shows the outlook of the coming months/quarters. Six Sigma is a business improvement methodology, originally developed by Motorola to systematically improve processes by eliminating defects. Defects are defined as unacceptable deviation from the mean or target. The objective of Six Sigma is to deliver high performance, reliability, and value to the end customer. Since it was originally developed, Six Sigma has enjoyed wide popularity as an important element of many Total Quality Management initiatives. The core of the Six Sigma methodology is a data-driven, systematic approach to problem solving, with a focus on customer impact. Statistical tools and analysis are often useful in the process. However, it is a mistake to view the core of the Six Sigma methodology as statistics; an acceptable Six Sigma project can be started with only rudimentary statistical tools. Still, some professional statisticians criticize Six Sigma because practitioners have highly varied levels of understanding of the statistics involved. Six Sigma as a problem-solving approach has traditionally been used in fields such as business, engineering, and production processes.

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