Six Sigma in Business

Six Sigma is used in business for improvement of the infrastructure, quality of products and revenues. There are numerous benefits of using Six Sigma in the business and the best part is that businesses of all sizes can expect benefits from Six Sigma.

Six Sigma is a compilation of various time-tested strategies and techniques that have already proved successful in various companies. This methodology was first implemented by Motorola and it received excellent benefits in terms of customer satisfaction and revenues. GE followed the footprints of Motorola and the result was even better. Gradually, Six Sigma became extremely popular among the business owners. Now-a-days, most of the growth conscious, small, medium and large companies are taking initiative to implement Six Sigma in their systems. Six Sigma business management rules are simple enough to be implemented in the same infrastructure at a moderate cost. Companies can get their employees trained on Six Sigma or simply hire experienced professionals from the consultancies.

There are few factors which have a huge impact on the businesses. In order to improve the yield of a business, Six Sigma should be implemented in the set up. The benefits of using Six Sigma in business are as follows:

  • Cost-Effective Solution: The profits of a business can be maximized when the cost to run the infrastructure and arrange the resources is reduced significantly. Now, the resources are often wasted due to various reasons in a business. These reasons include extra wait time, poor utilization of man power etc. Now, with proper implementation of Six Sigma business tools, these defects are reduced which leads to savings. The more resource is saved, the more is the overall benefits of the company. Hence, Six Sigma business is definitely a much profitable one.
  • Quality Management: Quality of products and services is the secret to success for any business. If the quality parameters are maintained strictly for the outputs, the business will automatically run well. In case the customers are not happy with the services, they will have a tendency to be severely dissatisfied. With the Six Sigma business quality management tools, any small or large business can improve its product quality and service facilities.
  • Defect Reduction: Six Sigma business policies aim to minimize all possible defects from a system. The common expectation is that the number of defects should be reduced to 3.4 per million opportunities availed by the company. Now, Six Sigma can be implemented in a particular department, if it is facing too many problems; otherwise it can be implemented in all departments of the company. If the project selection is correct, the defects will be remarkably reduced, giving rise to a smooth running business environment.
  • Employee Awareness and Satisfaction: One of the most important pillars of the success of a company is the employee strength. When the attrition rate is high in the company, chances are there that they will face severe loss in different phases. This problem can be completely eradicated with the help of Six Sigma business applications. The employees of all levels should know the basics of Six Sigma and learn the benefits it can provide. This awareness will ensure noticeable participation of the employees in the Six Sigma program, leading it towards sure shot success. It has also been observed that the employees can come up with brilliant ideas for the business and certain Six Sigma tools can help in sorting the best ideas out of them.

Hence it is evident that a Six Sigma business is a flawless set up from all aspects and can easily head for competent service and huge reputation.

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