Do you really know what's
going on in your function? In any organization or function, when you don't
know what you don't know, it's going to cost you. For too
many organizations, the cost (often hidden) of defects and waste in the
way they operate are huge.
When you consider how many errors may be lurking in company-wide processes,
the financial impact on overall productivity, customer satisfaction, and
profitability multiplies dramatically.
The Six Sigma approach is all about identifying what you don't know,
emphasizing what you should know, and taking action to reduce errors and
rework that cost you time, money, opportunities and customers.
Six Sigma is a statistical concept that measures a process in terms of
defects. Achieving Six Sigma means that your processes are delivering
only 3.4 defects per million opportunities (DPMO) — in other words,
almost perfect. Sigma is a Greek letter that measures standard deviation.
In business terms, it indicates how far the process deviates from perfection.
Six Sigma was first developed and proven by Motorola in the 1980s. Companies
such as TI, IBM, Allied Signal, and GE have successfully implemented Six
Sigma and reduced costs literally by millions of dollars. |