fortune 500 Archives - 6sigma https://6sigma.com/tag/fortune-500/ Six Sigma Certification and Training Fri, 15 Dec 2023 09:34:14 +0000 en-US hourly 1 https://6sigma.com/wp-content/uploads/2021/03/cropped-favicon-blue-68x68.png fortune 500 Archives - 6sigma https://6sigma.com/tag/fortune-500/ 32 32 5 Benefits of Six Sigma https://6sigma.com/5-benefits-six-sigma/ https://6sigma.com/5-benefits-six-sigma/#respond Sun, 08 May 2016 01:48:01 +0000 https://6sigma.com/?p=19285 With so much that goes into running a business, there is always the risk of losing quality. Whether this is due from failure to provide customer satisfaction, or as a result of a loss of revenue from poor handling of required said processes, attention must be paid to the details. Welcome to the world of […]

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With so much that goes into running a business, there is always the risk of losing quality. Whether this is due from failure to provide customer satisfaction, or as a result of a loss of revenue from poor handling of required said processes, attention must be paid to the details. Welcome to the world of Six Sigma!

5 benefits of six sigma

Once embraced, Six Sigma is worth its weight in gold. It’s not a secret that General Electric saved $12 billion in their first 5 years after they had implemented Six Sigma.

Today, General Electric continues to grow and is implementing the same Six Sigma proven methods into its GE Global Learning Team.

Virtual global learning will teach quality improvement through highly collaborative and integrated work processes using the same Six Sigma proven methods they used when they first started.

Five Important Benefits from Implementation of Six Sigma

  • Increased Productivity
  • Improved Quality
  • Reduced Operation Costs
  • Higher Customer Satisfaction
  • Improved Communication among Team Members

DMAIC: The All Mighty Acronym

D= Define
M=Measure
A=Analysis
I=Improve
C=Control

The Tactics of Six Sigma

It’s elementary, my dear Watson. The Six Sigma tactics are based on the scientific method we all learned in elementary school, which is:

  • Defining the problem
  • Measuring the impact of the problem
  • Finding the root causes of the problem
  • Determining and testing hypotheses

Six Sigma works! It has been proven over and over again by major players in the Fortune 500 as well as other elite lists of top globally rated companies. It works because there is an organized etiquette that is followed, that is both universal and specific to each and every type of business or organization in every industry.

The genius is in its simplicity…

Learn more information about 6Sigma.com’s Lean Six Sigma training, available as a classroom, onsite, or online options. We have several new classes coming up, so be sure to enroll now!

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Six Sigma: Small Business, Big Success https://6sigma.com/six-sigma-small-business-big-success/ https://6sigma.com/six-sigma-small-business-big-success/#respond Fri, 04 Mar 2016 15:27:07 +0000 https://6sigma.com/?p=19091 vendor at farmers market small business owner 6sigma.com

The Challenges of Business Aren’t Small

It is no […]

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vendor at farmers market small business owner 6sigma.com

The Challenges of Business Aren’t Small

It is no secret that if you want your business to run effectively and efficiently, implementing Six Sigma methodology is the answer. While Six Sigma was orchestrated originally for the Fortune 500 companies, recent studies have shown that both small businesses and medium businesses can prosper as well.

With that being said, there is a caveat, which could easily be turned around. To paint the picture, let’s do some comparing.

First of all, both sizes of companies require the same exact procedures. Smaller businesses do require scaled down versions of manpower (according to respective size).

Basically, in large companies, top management sets the tone by taking the initiative, communicating with mid-management for the sole purpose of developing templates of specific tasks designed to improve efficiencies. All of this stays within the main objectives of the company.

A Scale of Size

The larger company has the resources to hire a Six Sigma Black Belt team that can take them through the DMAIC improvement cycle in order for the business to reach the specific goal. This is set to be achieved by a given period of time, usually 3-6 months.

After the goal is achieved, a mature organization using Six Sigma has 1% of their workforce in the Black Belt capacity ensuring all is being constantly implemented and monitored.

Small Business Rises to the Challenge

The situation is a lot different in a smaller company. Since financial resources usually aren’t as plentiful, company employees usually wear many hats and are more nimble. This can actually make team efforts easier, so there wouldn’t be a need to have a separate Six Sigma team to deploy changes.

Since the smaller businesses may choose not to have an onsite Black Belt to keep everyone on task, communication must be plentiful, and correct usage of Six Sigma methods and tactics must be implemented.

So for the small and medium size business, success can be large, as long as Six Sigma’s continuous, results driven, organizational development plan is at their helm.

Whether you’re interested in our Six Sigma courses or hiring a team, visit our website.

Learn more information about 6Sigma.com’s Lean Six Sigma training coursework, available as classroom, onsite, or online options.

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