The major and very glaring difference between any other quality control and management system when compared to the Six Sigma is a direct connection to the financial gains arising out of the processes implemented. Financial gains arising out of the improvements in the process are measured and quantified and are useful in selection and prioritization of the on going projects of process improvement. The financial gains are evaluated time and again during the analysis phase which must ensure that the costs involved in the implementation of the improvement will be paid off by the gains received from the improvements in the long run. Once the project of process improvement enter the control phase in case DMAIC is being followed or in the verify stage if DMADV is being followed, the final financial gains are verified once more.
The association of any Six Sigma project directly of financial gains helps every one to sit up and take notice of the improvements within the business as a whole and not just the department where the improvements are being undertaken. A financial gain is the common denominator and links everyone in the organization. All the management, shareholders and employees look upto the Six Sigma as means of savings in cost, increase in productivity, and overall increase in revenues. The Six Sigma enables the management to clear its stands on insignificant projects which have no long term benefits and concentrates on the improvement projects which are most beneficial to the organization in terms of cost savings.
Green Belt holders are usually employed for execution of Six Sigma procedures where as the master Black Belts are employed for overseeing the execution and implementation of the Six Sigma projects.
The Six Sigma Academy which is the controlling body of Six Sigma professionals report that its Black Belts have saved companies an average of approx. $230,000 for each project they undertake and can usually complete anything between four to six projects every year.
Companies Using Six Sigma
Most of us find ourselves in the job market at some point during our career. Six Sigma may help provide you with the advantage you need.
More and more companies today are fighting to keep from filing bankruptcy. Productivity and efficiency are dwindling as employees just continue to do the same things in the same old ways. Six Sigma training provides a clearly thought out method for achieving and measuring quality control, while increasing productivity. No company should be without this information in today's highly competitive market, and the best companies are now relying on Six Sigma training as a way to rise above the competition.
Studies have shown that people who undergo Six Sigma training earn higher job offers and more of them, with an annual salary increase of $15,000 or more. Some employers are willing to accept Six Sigma black belt certification instead of a college degree. People who already have a college degree can make themselves a power player in almost any market by adding Six Sigma to the top of their resume.
If you already have a job, Six Sigma training can help you keep it, even in these cut throat times for business. Imagine the job security you would enjoy after implementing a system that increased productivity, increased quality, and reduced waste. Imagine if this program paid for itself in a short amount of time and even increased employee morale. From this perspective, it's easy to see why Six Sigma will help you keep your job and even help you find another is the need arises.
With Six Sigma training available for relatively low prices, there is no reason to go without this necessary career tool. You can choose to take Six Sigma green belt training or more intensive Six Sigma black belt training. Lean Six Sigma training is another competitive tool that will make your resume all the more attractive to your current and future employers. All of these can take up to several weeks of training, but it is useful, high quality training that can change your life.
Six Sigma online training is also available for people who don't have several weeks to dedicate to an innovative training program. These allow business people to take the course at their leisure from the comfort and privacy of their own home. They can learn about Six Sigma as fast or as slow as they desire, without having to take time off from work or leave their families. Six Sigma online training is an easy choice for anyone who wants to be competitive.
Both Alex Gwen Thomson & Craig Calvin are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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