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6 Sigma

By:   •  Essay  •  318 Words  •  March 21, 2010  •  1,390 Views

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6 Sigma

Six Sigma: What Its All About!

 It is a methodology for continuous improvement

 It is a methodology for creating products/ processes that perform at high standards

 It is a set of statistical and other quality tools arranged in unique way

 It is a way of knowing where you are and where you could be!

 It is a Quality Philosophy and a management technique

Six Sigma is not:

 A standard

 A certification

 Another metric like percentage

Six Sigma: Its Power!

 The main thrust of Six Sigma is to reduce the errors and waste in every kind of business endeavor to please the customers and fatten the bottom line.

 Mainly aims at reducing the number of defects i.e. 3.4 defects per million opportunities or 99.99966% productivity.

 So six sigma implementation practically implies- If you played 100 rounds of golf per year, and played at 6 sigma - you'd miss 1 putt every 163 years!

 Has been successfully implemented by the Mumbai dubbawalas who have just 3 defects every year while delivery of dubbas.

 Six Sigma if implemented would result in

- Just 7 lost mails per hour on the World Wide Web.

- One minute of unsafe drinking water in the entire globe every 7 months.

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