Significance of Six Sigma Essay

2637 Words Nov 18th, 2012 11 Pages
CRAM Exclusive
Essay Sample
Sigma Significance of Six Sigma By Suhasini Pratapagiri Stratford University INTRODUCTION: WHAT IS SIX SIGMA? Six Sigma is a highly disciplined process that helps a company focus on developing and delivering near perfect products and services. Six Sigma at many organizations simply means a measure of quality that strives for near perfection. Six Sigma is a disciplined, data-driven approach and methodology for eliminating defects (driving toward six standard deviations between

middle of document…

As a Management System, Six Sigma is used to ensure that critical improvement opportunity efforts developed through the Metrics and Methodology levels are aligned with the firm’s business strategy. The focus of this paper, however, is on the application of Methodology for business process improvement within the financial reporting process. The core of the Six Sigma Methodology level is DMAIC which stands for define, measure, analyze, improve, and control. These are explained in detail in the following sections. In the Define phase, the project team must work closely with stakeholders to clearly define the problem statement, project scope, budget, schedule, and constraints. Understanding customer (internal and external) requirements is the key to achieving the project’s goal. The team has to define problems and goals of the project that are consistent with customer demands and with the firm’s business strategy. Process mapping and “voice of the customer” (VOC) tools are iterative techniques recommended as a means of incorporating customer requirements. During the Measure phase, the team creates a value stream mapping (VSM) of the process, capturing the flow of information—where and what information is needed. Then, based on the VSM, the team starts collecting data relevant to measuring the current process performance relative to the project’s goals. The most important
CRAM Exclusive
Ice65444Berry

Related Documents

  • Six Sigma Essay

    Six Sigma is also a management strategy to use statistical tools and project work to achieve breakthrough profitability and quantum gains in quality. It has been stated that product characteristics with Six Sigma process capabilities are of world class performance (Harry, 1998). In the United States, on average most companies operate at Four Sigma which is equal to 6,210 errors per million opportunities for error. In other words those companies are working at 99 percent quality

    Words: 1624 - Pages: 7
  • Essay Six Sigma

    problem solving and process improvement. • An iterative process (continuous improvement) • A quality tool which focus on change management style. 21 DMAIC Principle • Define (D) • Identify customers and their priorities • Identify suitable Six-Sigma project based on business objectives and customer needs and feedback • Measure (M) • Determine how to measure process and how

    Words: 839 - Pages: 4
  • Six Sigma Essay

    calidad y con ello tener procesos, productos y servicios eficientes3. Al aplicar la Six-Sigma en el análisis de procesos industriales se pueden detectar rápidamente problemas en producción como cuellos de botella, productos defectuosos, pérdidas de tiempo y etapas críticas, es por esto que es de gran importancia esta metodología. A nivel mundial, la mayoría de los países industrializados aplican la metodología Six-Sigma, entre ellos esta México que cuenta con una gran cantidad de empresas extranjeras

    Words: 2920 - Pages: 12
  • Six Sigma Essays

    Sometimes the Six Sigma implementation team needs to set more realistic goals, depending on customer requirements and expectations and the complexity of the product or service. Smart managers know that the six sigma quality level is an idea; what’s real is the focus on identifying defects and eliminating their root causes. The central idea of Six Sigma management is that if you can measure the defects in a process, you can systematically figure out ways to eliminate them, to approach a quality

    Words: 3025 - Pages: 13
  • TQM vs. Six Sigma Essay

    Six Sigma Six Sigma is another quality improvement initiative focused on reducing defects in the end product. It is a business strategy used to identify and eliminate causes of errors or defects by focusing on outputs critical to customers. The statistical definition of Six Sigma is 3.4 defects per million opportunities (Antony). This can apply to a defective product in a manufacturing process or anything that does not meet customer expectations in a service process. Six Sigma is a

    Words: 996 - Pages: 4
  • Essay on Six Sigma at 3m, Inc

    faces is applying Six Sigma to new product development. Although using the Design for Six Sigma methodology introduces various valuable tools such as Quality Function Deployment and Computer simulation, it is difficult to establish a current process baseline and goals for improvement in new product development. There is a certain degree of risk and inefficiency involved in innovation and Six Sigma serves to stifle it. The company also faces a constraint in balancing improvements in manufacturing

    Words: 795 - Pages: 4
  • Maple Leaf Foods Six Sigma Essay

    integrated with the continuous success of the business and he also was the "number one cheerleader" of the Six Sigma process as a result of following the illustrious career of Jack Welch, GE's CEO, and then, Bruce Miyashita, the 39 year old, vice-president (VP) Six Sigma, an authority of this method wanted to be regarded as an advocate who provided guidance for the newly implemented Six Sigma principles; as opposed to it being seen as "Bruce's thing." I argue that this partnership proved successful

    Words: 3484 - Pages: 14
  • Six Sigma: Does It Fit Hospitality? Essay

    understand their business environment. Six Sigma teams can become just another department that doesn’t have a clue. Negative perceptions as well fuel potential for conflict. Poor approaches to Six Sigma in some companies have created powerful elitist organizations that create hierarchy not conducive to utilizing all levels of talent in the company. Six Sigma is a methodology that seeks to understand the causes and effects of quality breakdowns. Six Sigma teams are taught to use techniques

    Words: 1460 - Pages: 6
  • The Relationships of Tqm, Six Sigma, and Jit Essay

    Nevertheless, this method often comes at the cost of slower completion times to fill orders. Six Sigma According to Answers.com, Six Sigma, developed by Motorola, is a set of practices originally to systematically improve processes by eliminating defects which are nonconformity of a product or service to its specifications. The term "Six Sigma" refers to the control of a process to the point of ± Six Sigma (standard deviations) from a centerline. In the other hand, it reduces quality problems to less

    Words: 3204 - Pages: 13
  • Maple Leaf Foods: Leading Six Sigma Change Essay

    benefits of using Six Sigma to improve business. Through careful planning and implementation, they were successful in creating a better, higher-skilled workforce and redefined the corporate structure for better quality and more effective processes for production. MLF encountered many problems with implementing Six Sigma. The main problem was resistance to Six Sigma. The resistance took on many forms. One was statistical illiteracy among employees, lack of understanding of Six Sigma, another was

    Words: 1238 - Pages: 5