If you can’t measure it mathematically, it’s not a Six Sigma process
Six Sigma = Saving Costs; Six Sigma ≠ Avoiding Costs
When a business problem is selected to become a potential Six Sigma project, it goes through a critical metamorphosis- first from a practical business problem into a statistical problem, then into a statistical solution and finally into a practical solution. When a business problem is stated in statistics language, one ensures use of data to solve the problem.
Six Sigma is best suited for organizations that are totally committed to Continuous Improvement.
Although Six Sigma was designed for manufacturing-based companies, it is equally effective and efficient to service industries. A classic example of Six Sigma in service sector is Six Sigma application to airline business.
Related reading:
- Business Turnaround and Continuous Improvement Tips and Tricks Part 1 of 6
- Business Turnaround and Continuous Improvement Tips & Tricks Part 3 of 6- Agile in Nutshell for Improving Sales & Marketing of Products and Services
- Business Turnaround and Continuous Improvement Tips & Tricks Part 4 of 6- Lean Manifesto
- Business Turnaround and Continuous Improvement Tips & Tricks Part 5 of 6: TQM in a Nutshell
- Business Turnaround and Continuous Improvement Tips & Tricks Part 6 of 6 : Balanced Score Card
- How to develop a culture of ‘Continuous Improvement’ in an organization?
- 8 Steps to becoming a Customer- centric organization
- Transforming Businesses From Good to Great via Continuous Improvement- Article by Dr. Shruti Bhat published in Express Pharma