What is significance of six sigma?

Answer 1

Six Sigma is a world-class management system for driving, achieving, and sustaining breakthrough improvements in every part of an organization. Through structured planning and systematic project execution, an organization leverages Six Sigma to achieve its most important business objectives.

Essentially, Six Sigma is about improving processes, or the way work gets done in an organization. This is where the rubber of performance improvement meets the road. If you operate your processes at Six Sigma quality, then you commit no more than 3.4 defects per million opportunities for defects. This means you have to operate your processes correctly the first time 99.9997 percent of the time!

That is - 3.4 defects in a million pieces

So, anyone who is trained in Six Sigma will be an asset to the Organization

Answer 2

The core philosophy of Six Sigma is based on some key concepts:

1. Think in terms of key business processes and customer requirements with a clear focus on overall strategic objectives.

2. Focus on corporate sponsors responsible for championing projects, support team activities, help to overcome resistance to change, and obtain resources.

3. Emphasize such quantifiable measures as defects per million opportunities (dpmo) that can be applied to all parts of an organization: manufacturing, engineering, administrative, software, and so on.

4. Ensure that appropriate metrics are identified early in the process and that they focus on business results, thereby providing incentives and accountability.

5. Provide extensive training followed by project team deployment to improve profitability, reduce non-value-added activities, and achieve cycle time reductions.

6. Create highly qualified process improvement experts who can apply improvement tools and lead teams.

7. Set stretch objectives for improvement.

Answer 3

The Key characteristic of Six Sigma is "Defect Reduction"

The target is 3.4 defects per million pieces produced.