What happens when your competitors are not stagnant when the quality of their delivery remains a moving target and you need to find a way to stay one step ahead of the game? Market specialists have identified the 21st century to be the century of quality. This means quality in all aspects of your business will soon have a profound effect on your bottom line expectations, i.e. profitability.
Six Sigma is a powerful process, an excellent methodology created for the benefit of forwarding business thinkers. The methodology contains all the desired elements of productive employee involvement and engagement in best practices towards facilitating breakthrough developments.
Through Six Sigma an organization cultivates a production process with near perfection precision. The defect levels are minimized to less than 3 per million opportunities. The concept is based on Motorola Companys initiative on eliminating defects through systematic process improvement. While the ground rules of Six Sigma was instigated by Bill Smith of Motorola Company in 1986 the process excellence methodology has since been refined through the ensuing decades to incorporate several important defect elimination processes like TQM, zero defects, and quality control management.
Six Sigma effectively reduces disparities in similar product types and associated processes. The consequent advantages of such a process are enormous. Visionary organizations in India have already adopted Six Sigma. They are reaping multi-layered benefits of minimal defects, enhanced production capacity, shorter cycle times, lower overheads, increased throughput and better profitability. Long-term benefits of incorporating Six Sigma processes in your organization include a tremendously positive impact on lowering capital expenditure and transformed business culture with systematic problem-solving aptitude. Unlike in the present where most decisions are driven on hypothesis your key management will be in a position to make critical decisions based on facts and data.