Six Sigma was established to bring quality improvement with higher revenue and better customer service. Apparently, Six Sigma did a good job and continues to allow businesses to have profitable and successful growth. As it has been around for a really long time, there are certain Six Sigma facts that many are not aware of.
Get to know more about Six Sigma. Here are a few key Six Sigma facts:
1. Six Sigma is a business methodology.
Yes, there has been a debate for longer than we can imagine and it’s about Six Sigma being not fit enough for industries other than manufacturing. But business leaders have proved their point by implementing it in other industries such as healthcare. Every business can benefit from Six Sigma.
2. Six Sigma is a learning process.
There’s a reason why Six Sigma is called a continuous process improvement methodology. Some organizations take it as a management fad, and simply implement it without working at it consistently. But the right method is to keep working at it. Six Sigma might be a tried and tested method, but it can take some time to show results. Although Six Sigma provides near perfection results, it may still take some time to achieve those results.
3. Six Sigma has a belt level hierarchy.
Six Sigma’s hierarchy is similar to karate, hence the use of belt names. Every individual who wishes to educate themselves about Six Sigma has to go through the training. The belt names such as White Belt, Yellow Belt, Green Belt, Black Belt, Master Black Belt and Champion have varying roles as per their title.
4. A set of tools harmonizes Six Sigma.
A few effective tools are an integral part of Six Sigma, which helps organizations eliminate defects and errors and strive for excellence. These tools, such as 5S, Pareto Chart, FMEA, 5 Whys, Brainstorming, etc. work brilliantly in any industry. In fact, people are already using some of these tools in daily activities to increase productivity.
5. Lean Six Sigma is a combination of two separate methodologies.
Both the methodologies Lean and Six Sigma have the same goals but different approaches, making it possible for them to reduce waste, increase customer satisfaction and increase revenue.
In conclusion, Six Sigma is a path towards quality management, helping organizations improve their processes in order to achieve success.