Effects of Implementing Six Sigma in Your Business - PowerPoint PPT Presentation

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Effects of Implementing Six Sigma in Your Business

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Six Sigma has gained a lot of popularity, all over the world. The need to improve daily has increased the demands for a professional who has completed their six sigma certification. Six Sigma methodology acts as an assistant for studying data and detecting errors in the business process. Many organizations have noticed insignificant growth in their conversions, just by implementing six sigma in their functionality model. – PowerPoint PPT presentation

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Title: Effects of Implementing Six Sigma in Your Business


1
Effects of Implementing Six Sigma in Your
Business
About Us MindCypress offers a broad portfolio of
customized learning programs globally to
professionals and graduate students. We not only
focus on concept learning but design programs
that emphasize on Practical Application as well.
MindCypress is not a content market place where
anyone can upload content as a course to sell
but, we handpick Industry experts after many
round of evaluation and verification to design
the courses. All our Courses are available in
all three modes of Training which are Workshop
Training, Live Virtual Classes (LVC) and
eLearning. Our Courses can be accessed on Website
and Mobile app anytime anywhere. Introduction S
ix Sigma has gained a lot of popularity, all over
the world. The need to improve daily has
increased the demands for a professional who has
completed their six sigma certification. Six
Sigma methodology acts as an assistant for
studying data and detecting errors in the
business process. Many organizations have noticed
insignificant growth in their conversions, just
by implementing six sigma in their functionality
model.
2
Benefits of Implementing Six Sigma If you want
to achieve all your organizational goals, it
becomes necessary for you to increase the
quality and decrease the cost of your products
and services. Enforcing six sigma in your
business can help you in the growth process and
carries a lot of benefits that your organization
can take advantage of. Lets see how your
business can benefit from adopting six
sigma Eliminating Errors- One of the main
objectives of using Six Sigma is eliminating
errors. It requires ample time, effort, and
resources to analyze data and find the roots of
failure. For smooth delivery of products or
services, six sigma has been proven to help
organizations in the supply chain
process. Reduce Cost- Every business runs by
saving money and making more profits. Six Sigma
enables you to detect failures and save money on
deliveries. It also helps organizations to
become more efficient, after being exposed to
such errors and resolve them effectively. Improve
Time Management- Managing time in a busy
schedule can be tough. Introducing six sigma
certification and training within the team may
help you in organizing your target. Guide your
team towards skill enhancement and implement them
in achieving your goals. Better Customer
Service- Creating a loyal customer base is
necessary as such customers become unofficial
affiliates and promote the brand sub-consciously.
But, to gain such customers, it becomes a high
priority for a brand to satisfy these customers
to the fullest. Using Six Sigma methodologies can
help you by analyzing critical customer trends,
to understand the needs and demands of your
customer base. Employee Motivation- Last but not
least, six sigma can assist in boosting the
confidence of your team. If you want your
employees to be productive, constant motivation
and support is the key that drives them towards
success. Implying six sigma tools will lead
towards the creation of a system that motivates
your employees in conducting their respective
tasks. Best Tools of Six Sigma In this blog so
far, weve learned what six sigma is and the
benefits of implementing it in your business
process. As we go on, it becomes very important
to understand what are the best six sigma tools
that you can use?
3
Here are the 4 best six sigma tools that you can
take an advantage of Failure Mode and Effects
Analysis (FMEA)- FMEA is used to identify failure
mode, determine the rigorousness of the failure,
cause of the failure, frequency of the failure,
controls in place, and efficiency of the
controls. This enables us to analyze current
risks and thereafter develop an action plan to
diminish the risks. 5 Whys- the 5 Whys tool is
mainly used by organizations to identify the root
cause of the problems or failures. This is
typically done by asking and answering the
question why repeatedly. 5 Whys is mostly used
as a deployed part in the DMAIC structure of six
sigma methodologies. Value-Added/ Non-Value
Added- A business process can be complex and
requires a lot of attention for it to be
successful. To understand the process, it becomes
necessary for its employees to segregate and
eliminate the activities that are of zero value.
This is done to help the organization cut costs
on activities that are a waste, along with
spending more time on those that hold value.
4
Histogram- Using a visual representation can
result in a better understanding of what the
customer expectations are from your delivery. A
histogram is a type of graph that incorporates
frequency, dispersion, and other methods of
measurement. It helps you save time while
delivering the exact data required. Conclusion
Implementing six sigma in your business process
can benefit you by saving time and cost
throughout the delivery process. It also helps in
understanding customer expectations and meeting
their end requirements. Identify the importance
of waste removal and watch your business grow
towards success. Hire employees that hold six
sigma certification or introduce the concept to
them. MindCypress will help you with the
training. Contact us today! Resource
https//blog.mindcypress.com/p/effects-of-implemen
ting-six-sigma-in-your- business
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