business world
Better Than TQM
Six Sigma is important because it scores much higher over other quality improvement techniques such as TQM. Business organizations employing TQM just focus on achieving predetermined quality levels, which certainly improves efficiencies but does not allow the organization to realize the full potential. Six Sigma is different as the focus here is to make consistent quality improvements until business processes are fully optimized. As soon a certain quality level is achieved, the organization shifts gears and starts concentrating on achieving other levels of quality. The whole process continues until all the business processes are fully optimized.
Data Driven Approach
6 Sigma concepts and methodologies stress the use of statistical tools and techniques for improving quality and reducing defects. The dependence on hard facts and figures automatically ensures that whatever decisions are taken will have the desired affect on the quality of goods or services and the efficiency of business processes.
An experienced production manager may be the right person to make quality-improvement decisions but if the decisions are based solely on gut feelings and preconceived notions, the decisions may not have the desired effect, especially if the task is to make adjustments in a complex business process. The inherent ability of Six Sigma to produce the desired results has thus increased its importance in today’s business world.
Helps Increase Customer Satisfaction And Build Loyalties
Another reason for the ever-increasing popularity and importance of Six Sigma is that it really helps when it comes to handling competition, which has increased considerably in today’s business world. Business organizations worldwide have realized that in order to beat the competition, they will have to offer better quality products or services to their customers and that too at competitive rates.
Six Sigma helps because it enables business organizations to achieve the above stated objective, which ultimately results in greater customer satisfaction and helps in building customer loyalty. Having a loyal group of customers is always important for any business because it ensures a constant flow of revenues even when there is a cyclical downturn in the industry.
The importance of 6 Sigma has increased manifold in the last two decades and is set to increase even more in the coming years as more and more businesses realize its benefits. 6 Sigma is anticipated to maintain its dominance over all other existing quality improvement techniques because it is flexible and can be altered to suit the requirements of new businesses that might come up in the near future. We can never be too sure about the future but as far as the present is concerned, Six Sigma is certainly calling the shots across all types of industries worldwide.
About the Author:
Tony Jacowski is a quality analyst for The MBA Journal. Aveta Solution’s Six Sigma Online offers online six sigma training and certification classes for lean six sigma, black belts, green belts, and yellow belts.
Article Source: ArticlesBase.com – Importance Of Six Sigma In The Business World
Fastest Growing City in the World! Middle East 2.0 – Dubai in 2006
|
|
Established World Badminton Business Website For Sale! £28.48 |
|
|
International Business: Challenges in a Changing World £60.56 |
|
|
WELCOME TO THE REAL WORLD – BUSINESS [CD NEW] £8.48 |
|
|
Webster’s New World Business Writing Handbook Richard W £14.17 |
|
|
The World’s Business Cultures – and How to Unlock T… £19.99 |
|
|
Dixie Browning,His Business, Her Baby (World’s Most Eligible Bachelors) Book £2.89 |
|
|
The Personal MBA: A World-Class Business Education – Ka £10.61 |
|
|
The role of business in the modern world – George Kailis New Item £11.32 |
|
|
Building a World-Class Financial Services Business – Do £21.04 |
|
|
MacroWikinomics: Rebooting Business and the World – Don £13.81 |
|
|
J World ‘Deakon’ Black Rolling Business Case $57 Soft, noiseless wheels make for stable and controlled motion in this rolling business case from J World. A handle and a padded laptop sleeve with a secure strap make this case great for the busy professional on the go. |
|
|
Boomerang (Hardcover) $16.8 The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon: it was temptation, offering entire societies the chance to reveal aspects of their characters they could not normally afford to… |
|
|
Effective Fundraising for Nonprofits $19.59 Getting tax-exempt status is just the first step for your nonprofit organization-whether it succeeds or fails depends on your ability to raise donations from individuals, companies and institutions. The question you`re facing is, “How do I get my hands… |
|
|
J World ‘Deakon’ Red Rolling Business Case $53.99 Soft, noiseless wheels make for stable and controlled motion in this rolling business case from J World. A handle and a padded laptop sleeve with a secure strap make this case great for the busy professional on the go. |
|
|
J World ‘Deakon’ Navy Rolling Business Case $64.99 Soft, noiseless wheels make for stable and controlled motion in this rolling business case from J World. A handle and a padded laptop sleeve with a secure strap make this case great for the busy professional on the go. |
|
|
Fugitive Denim (Paperback) $10.89 In this amazingly instructive work on globalization, Rachel Louise Snyder focuses on the denim industry worldwide–telling where it comes from, and how it is processed, manufactured, marketed, distributed, and sold. Through every stage of denim`s “li… |
|
|
Shadow Elite (Paperback) $13.6 It can feel like we`re swimming in a sea of corruption, confused by who exactly is in charge and what role they play. The same influential people reappear time after time in different professional guises, pressing their own agendas in one venue af… |
|
|
I Am John Galt (Hardcover) $18.27 Inspired by Ayn Rand`s characters in Atlas Shrugged and The Fountainhead, penetrating profiles of both the innovators who move our world forward and those who seek to destroy the achievement of others John Galt, the fictional character from … |
|
|
Smart Trust (Hardcover) $16.67 Free Press nonfiction title. |
|
|
J World ‘Sunset’ Preppy Purple 19.5-inch Rolling Laptop Backpack $57.99 Roll your necessities around with ease with this J World rolling laptop backpack. This stylish backpack features a locking handle, noiseless wheels and a padded laptop sleeve. |
|
|
World Traveler London Executive Business Attache Case $30.7 This classic business attache case makes an impression wherever you take it. A distinguished matte finish, combination lock and velvet lining make this case a must-have for today’s business world. |
|
|
Lean Production Simplified (Paperback) $38.68 Description not available. |
|
|
The New Strategic Selling $10.38 The Book That Sparked A Selling Revolution In 1985 one book changed sales and marketing forever. Rejecting manipulative tactics and emphasizing “process,” Strategic Selling presented the idea of selling as a joint venture and introduced the decade`s mo… |
|
|
The Leader in You $7.91 For nearly a century, the words and works of Dale Carnegie & Associates, Inc., have translated into proven success — a claim verified by millions of satisfied graduates; a perpetual 3,000-plus enrollment roster per week; and book sales, including th… |
|
|
The Jones Collection Distressed Leather Laptop Backpack $129.99 This Jones computer backpack is made of fine top grain soft distressed leather. This laptop case is ideal for stylish scholars and travelers. |
|
|
Leverage (Hardcover) $22.33 Debasement of the dollar by ill use of leverage is destroying the global economy. Karl Denninger, well known market commentator, has been following the path that money has taken throughout history, charting its rises and falls, to discover that currenc… |
|
|
Lessons from the Mouse (Hardcover) $12.74 Description not available. |
|
|
Scammed (Hardcover) $15.8 Once upon a time store prices were simple and fair, businesses stood behind their products with guarantees free of fine print and loopholes, and companies genuinely seemed to care about yo… |
|
|
J World ‘Sunset’ Blinker Blue 19.5-inch Rolling Laptop Backpack $54.99 Roll your necessities around with ease with this J World rolling laptop backpack. This stylish backpack features a locking handle, noiseless wheels and a padded laptop sleeve. |
|
|
J World ‘Rosewalk’ Polycarbonate Rolling Business Case $104.99 Roll your portable office necessities around with ease with this J World rolling business case. This stylish business case features a locking handle, noiseless wheels and is extremely lightweight. |
