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Implementing Six Sigma to Improve Business Outcomes During a RecessionBy Bradley E In the 1980s, Motorola developed a core set of Six Sigma management procedures based upon an evolution of Quality Management. The company utilized a data-driven approach to isolate and fix defects in manufacturing, ultimately leading to over $10 billion in savings over the next two decades. Fast forward to today when small and medium sized businesses (SMEs) are struggling with rising costs and unstable consumer demand. Managers of organizations today, across various industries from service to manufacturing, can implement six sigma to begin identifying defects in processes and working to improve outcomes. Six Sigma Data The core approach to implementing Sigma Management is to begin collecting data on every aspect of your business, from your supply chain to your production process. In a recessionary economic, nothing is sacred and every aspect of your business should be scrutinized for potential cost savings. Waste can be understood through the lens of opportunity cost: every single cost across your organization could potentially be replaced with a different input – you can find better employees, more cost effective suppliers, a more competitive shipping rate and upgrade your machinery. Prioritizing which outcomes can be most improved is a case part of implementing lean procedures throughout your organization. Sigma Training In order to create a consistent, data-driven model within your particular organization, there are expert six sigma training courses that will give you the tools you need. Since statistics are a core element of sigma management, you’ll want to ensure that you have the knowledge, resources and procedures in place to incorporate six sigma into your review process. As a manager, you can undergo sigma certification and then begin to help train project leaders to further ensure that each level of your organization is centered around continuous improvement. Start your six sigma training, and learn how you can become a six sigma black belt to grow your company and increase profits. Article Source: http://EzineArticles.com/?expert=Bradley_E Related Posts Comments |