Business Process Improvement – Training Requirements
Business Process Improvement Projects have become a common tool for Organizations to help review their business operational processes from time to time and to bring about necessary improvements. Organizations as well as their processes as well as their markets, customers and products keep changing. In current times, technology is playing vital role in the way […]
Information System for Knowledge Management
Introduction Knowledge is very important for survival of organization. Historically, employees have gathered knowledge through trial-and-error method or by working as an apprentice under a tenured knowledgeable employee. Management guru Peter Drucker forwarded a concept that knowledge is as valuable as a company’s various asset like plant, machinery, etc. Importance of Knowledge Management Knowledge provides […]
Is Israel Really an Economic Miracle?
Israel is one of the youngest countries in the world. It has been in existence for only 72 years. While many of its peers such as India and Pakistan are still developing nations, Israel has quickly climbed the ladder. Israel is not considered a developed nation. This is because the per capita income in Israel […]
Why the Global Economy is Creaking to a Halt despite Monetary Stimulus
Why Printing Money is Leading us Nowhere We discussed how central banks around the world are printing money and pumping in liquidity into the global economy. This has the result of creating asset bubbles and equity bubbles wherein the hot money flows into real estate and stock markets leading to speculative frenzies instead of real […]
Understanding Sigma Levels
What Is Sigma ? Sigma or standard deviation is a statistical measure of dispersion in data. It is a measure which uses the characteristic of past data to make judgements about how the process will perform in the future. If a given set of data has normal probability distribution then the number of defects that […]
Six Sigma projects are meant to make the organization efficient. It is for this reason that one must ensure that the projects are efficient in themselves.
One of the main criteria for a project to be efficient is that it must have well defined goals. Only once the goals are defined with clear articulation can plans be laid out to achieve them. Six Sigma projects have guidelines on defining the objectives of the project.
There are three essential characteristics that the objective must possess. They are as follows:
There may be many places where there might be scope for improvement as well. However the organization has limited resources and needs to take only the most important projects first.
Which projects are important are defined by the strategy of the organization. Hence one must ensure that the six sigma project is aligned towards the strategy of the organization and is hence valuable.
It is critical that the team undertaking the six sigma project be able to clearly define what they intend to do in front of stakeholders like the people who actually implement the process. Hence the objectives must be defined in as simple terms as possible so that articulation is easy.
However, if you place the objectives of the project too far outside the limit of the organization, it is bound to fail. Failure in a six sigma project demoralizes the people who have been instrumental in implementing them. This jeopardizes the entire quality initiative. Make the objectives achievable at the start of the project to avoid turmoil at later stages.
The Five Step Procedure for Defining the Scope, Purpose and Value of a Six Sigma Project
The details regarding how to perform each step are provided in the subsequent articles to make your six sigma journey easier.
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