What are the benefits of implementing six sigma in your company?
1) Financial benefits:
“The quality performance” is the foundation stone of all types of industries. The growth of an industry depends on its performance quality. So checking out of the performance quality of an industry is something which is inevitable. “SIX SIGMA” – The statistical representation, is a process of quality measurement, which helps the organization in the improvement of their quality.
Six Sigma is a systematical process of “quality improvement through the disciplined data-analyzing approach, and by improving the organizational process by eliminating the defects or the obstacles which prevents the organizations to reach the perfection”.
Six sigma points out the total number of the defects that has come across in an organizational performance. Any type of defects, apart from the customer specification, is considered as the defect, according to Six Sigma. With the help of the statistical representation of the Six Sigma, it is easy to find out how a process is performing on quantitatively aspects. A Defect according to Six Sigma is nonconformity of the product or the service of an organization.
Since the fundamental aim of the Six Sigma is the application of the improvement on the specified process, through a measurement-based strategy, Six Sigma is considered as a registered service mark or the trade mark. Six Sigma has its own rules and methodologies to be applied. In order to achieve this service mark, the process should not produce defects more than 3.4. These numbers of defects are considered as “the rate of the defects in a process should not exceed beyond the rate 3.4 per million opportunities”. Through the Six Sigma calculation the number of defects can be calculated. For this there is a sigma calculator, which helps in the calculation.
Once the qualities of the products are increased, the customer satisfaction is also increased. This lead to the development of an organization through profit gaining. This makes clear that six sigma training can be implemented in an organization for the purpose of cost and saving, that is for the financial benefits of an organization it is important to implement the knowledge and training of six sigma.
2) Quality improvement of the product:
Sine the aim of six sigma is the production of defect free products, through the systematical analysis, the implantation of six sigma in an organization is very much important for the increasing profit and for the better customer satisfaction. Trainings are given to know more about the needs of the customers.
3) Identification of employee skills:
Implementation of six sigma helps the authorities in finding out the skills and knowledge of their employees. At the time working out of a project, the implementation of six sigma helps in finding out the responsibilities assigned to each person involved in the project. This is possible because six sigma gives training for the specific skills that is needed for the work, which is different from other types of training. In other types of training, attention is paid in developing more skills at a time. The tasks are divided into different levels according to the responsibilities.
In every company there are business leaders who lead the six sigma methodology at the time of sponsoring projects. These business leaders are known as the “Champions”. It is their responsibility to select the projects and then to find out the goals obtained out of the project. For the attainment of these goals, the champions select and mentor six sigma project leaders, who is know as the “Belt”.
According to six sigma the word belt refers to the level or the position, of a person in an organization at the time of performing a work or at the time of implementation of a project. Several responsibilities take part at the time of the implementation of a work, so as to meet and make sure that the project is launched with zero defects and is able to meet the customer satisfaction. Hence results in sustaining the quality and profit of the company or the organization.
There are 3 major levels of belts. Along with the training, these participants are also provided with certifications also. The six sigma certification differs from other types of certification. As in the other type of certifications, six sigma certification do not qualify a persons different capability, instead it gives importance to the specific ability which is needed for the defect free production of the company. The 3 major levels of belts and its certifications are:
“Six Sigma Belts”
Green belt certification
Black belt certification
Master black belt certification
Apart from the above certification there are yellow belt certification and lean belt certification. The implementation of six sigma methodology will also help in less time consuming, since the works are divided into several levels.