Preview

six sigma

Powerful Essays
Open Document
Open Document
8682 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
six sigma
Term Paper On The Breakthrough Management Strategy Revolutionizing the World's Top Corporations “SIX SIGMA”

TABLE OF CONTENTS
S.No
TOPICS
PAGE No.
1.
Acknowledgement
3
2.
Objective
4
3.
Introduction
5
4.
History
7
5.
Central Concepts
8
6.
Process
9
7.
Scale of measurement
10
8.
Methodology
11
9.
Tools and Themes
12
10.
Some Success Stories
15
11.
Impact
18
12.
Benefits and Negatives
19
13.
Applications
21
14.
Some Common Confusions
22
15.
Implementation
24
16.
Case Study
25
17.
Conclusions
31
18.
References
32

OBJECTIVE

This term paper is designed as a part of the curriculum. It helped me to tap into the power of the Six Sigma movement that’s transforming some of the world’s most successful companies. Six Sigma initiatives have tallied billions of dollars in savings, dramatic increases in speed, strong new customer relationships—in short, remarkable results and rave reviews.

SIX SIGMA
Six Sigma is now according to many business development and quality improvement experts, the most popular management methodology in history. Six Sigma is certainly a very big industry in its own right, and Six Sigma is now an enormous 'brand' in the world of corporate development. Six Sigma began in 1986 as a statistically-based method to reduce variation in electronic manufacturing processes in Motorola Inc in the USA. Today, around twenty years on, Six Sigma is used as an all-encompassing business performance methodology, all over the world, in organizations as diverse as local government departments, prisons, hospitals, the armed forces, banks, and multi-nationals corporations. While Six Sigma

You May Also Find These Documents Helpful

  • Better Essays

    The principal of Six Sigma also involves every aspect of the organization, in order to be better able to meet and rise above the evolving demands of customers, marketing, and technology in a way that will benefit customers, shareholders and employees. Six Sigma is about making every area of the…

    • 1062 Words
    • 4 Pages
    Better Essays
  • Good Essays

    CMO1 Wgu

    • 694 Words
    • 3 Pages

    Six Sigma is a process improvement method that relies on customer feedback and fact-based data gathering and analysis techniques to drive process improvement.…

    • 694 Words
    • 3 Pages
    Good Essays
  • Good Essays

    "...Six Sigma is a highly disciplined process that helps us focus on developing and delivering near-perfect products and services. Why 'Sigma'? The word is a statistical term that measures how far a given process deviates from perfection. The central idea behind Six Sigma is that if you can measure how many 'defects' you have in a process, you can systematically figure out how to eliminate them and get as close to 'zero defects' as possible. To achieve Six Sigma Quality, a process must produce no more than 3.4 defects per million opportunities. An 'opportunity' is defined as a chance for nonconformance, or not meeting the required specifications. This means we need to be nearly flawless in executing our key…

    • 1701 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Six sigma

    • 646 Words
    • 3 Pages

    Answer: I would like to take the Chinese national football team as an example.On June 15 Chinese national team faced humiliating 1:5 loss to Thailand. Though the coach Camacho should take some responsibility, firing him is an excuse to avoid the real problems that have brought endless failures. The national team has had 11 coaches since 1992 including seven foreigners, resulting in an inconsistent style of tactics.…

    • 646 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Six Sigma is a modern and new idea often contrasted and compared with Total Quality Management (TQM). Be that as it may, when it was conceptualized, it was not planned to be a substitution for TQM. Both Six Sigma and TQM have numerous likenesses and are good in…

    • 1382 Words
    • 6 Pages
    Better Essays
  • Best Essays

    Azis, Y. & Osada, H.. (2010). Innovation in management system by Six Sigma: an empirical study of world-class companies. International Journal of Lean Six Sigma, 1(3), 172-190.…

    • 1530 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    In the early 1980’s and 1990’s, companies began to build upon the principles of Total quality management and developed their own unique quality systems. The most popular and well known of the systems is Six sigma that was developed by Motorola and successfully adopted by others such as allied signal ( now Honeywell) and most notably, General Electric. Six Sigma process is normally performed by a diverse team, who attack a quality/process problem by analyzing process variations or in statistical terms, sigma. The foundations of six sigma are commitment from the upper management, detailed training and a regimented diagnostic approach.…

    • 3790 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Six Sigma is a set of techniques and tools for process improvement. It was developed by Motorola in 1986, coinciding with the Japanese asset price bubble which is reflected in its terminology. Six Sigma became famous when Jack Welch made it central to his successful business strategy at General Electric in 1995. Today, it is used in many industrial sectors.…

    • 1421 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Profitability

    • 491 Words
    • 2 Pages

    Harry, Mikel J. (1998). Quality Progress. Six Sigma: A Breakthrough Strategy for Profitability. American Society for Quality. Retrieved from: http://asq.org/qic/display-item/index.html?item=13334…

    • 491 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Six Sigma

    • 1195 Words
    • 5 Pages

    Given a normally distributed population with a mean of 392.84 and a standard deviation of 32.92.What is the probability of a randomly selected item having a value less than 314?…

    • 1195 Words
    • 5 Pages
    Satisfactory Essays
  • Better Essays

    A Six Sigma Certification is a large accomplishment that looks great on a resume (Graves, 2012). It shows commitment to improving TQM within a business and knowledge in many different methods to reduce costs, increase revenue, and streamline current business practices. These are all skills sought after by many employers in order to improve the bottom line. With this skill set, employees have access to better job opportunities and an increased salary. Other societal benefits of Six Sigma are improved customer and employee satisfaction and better company…

    • 1089 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    What is Six Sigma, and it what ways can it be used to reduce the costs of a company’s OMM process? In…

    • 697 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Six Sigma is a business management strategy designed to meet customer needs and process capability.…

    • 1789 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Dissertation Review

    • 988 Words
    • 4 Pages

    The study addressed organizational concerns that corporations faced when rolling out a Six Sigma Program to improve efficiency in their processes related to information systems. Corroborating the need for such a study is evidenced by the work of Goldif (2013) who explains the complexities and challenges that goes into any problem solving solution of which Six Sigma is currently the only one that is rising in popularity.…

    • 988 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Six Sigma Advancements

    • 719 Words
    • 3 Pages

    Kwak, Y. H., & Anbari, F. T. (2006). Benefits, obstacles, and future of six sigma approach. Technovation, 26(5-6), 708-715. Retrieved from…

    • 719 Words
    • 3 Pages
    Satisfactory Essays

Related Topics