Management and executive staff need to consider the benefits of Six Sigma and how it can change the way any business operates. In considering ways to reduce costs, increase productivity or enhance employee and management success, it is necessary to consider the benefits of this methodology. Doing so could make a significant impact on your business as a whole.
What Is Six Sigma?
Six Sigma is a specific approach to managing a business. The approach is data driven and disciplined. The goal of it is to eliminate any defects. Ultimately, it is the process of driving your organization to perfection in its methods. In doing so, numerous benefits occur. That is why so many businesses have moved towards using this approach. It saves time and money and creates success.
Why Should You Learn It and Implement It?
With Six Sigma, the process will reduce waste and drive speed to the highest levels possible. The process works to reduce your costs of operation, but at the same time increases the overall quality. The process creates both short and long term benefits, and ultimately creates a highly sustainable corporation. It all sounds good so far.
But, why do it? What are the key advantages to using this method instead of what you are currently doing? There’s no doubt that the changes will take time and money to implement. Why bother with it?
- The method is applicable to various sectors in any industry. Though it was once designed only for manufacturing companies, it is now easily adaptable to virtually any industry. This means it a feasible option for any business.
- Once you begin to implement Six Sigma into the business, you will see immediate functional improvements. This includes a reduction in production times and reduction in costs. This is due to the implementation of a key factor that encourages analysis and improved processes to occur.
- Customers benefit, too. Improving customer perception is important, but so is delivering high quality. Tangible value improvements are created that benefit the customer. Improved product quality is critical to improving your customer base.
- Another key advantage to using this option is that it is easy to put into place. The execution of Six Sigma does not have to be complex or too time consuming. Keep in mind that the goal is to improve your business’s success and therefore, from the start, the process is simplified to ensure that benefits happen right away. With this method, you will be able to transform your business by creating effective links between your priorities and operational improvements.
In addition to this, management and executive ownership is not left out. Six Sigma allows for management to maintain control, and even have better control over the function of the business. This drives success and keeps the business moving forward. Without this type of mentality, what business could succeed?
To learn more tips for better managing your business and personnel, be sure to read our previous post: Increasing Productivity on the Manufacturing Floor