Question

Explain what is six sigma ? Describe the advantages of implementing six sigma in detail.

Answer 1

a set of management techniques intended to improve business processes by greatly reducing the probability that an error or defect will occur.

the advantage of implementing six sigma are -

1. time management: implementing six sigma in business helps employees to manage their time effectively.
2. improved customer loyalty : any business wants to retain its customer.It is a significant factor to measure success of business.
3. Employee motivation: In every business the employee need to act in a right way, if it is destined to success.
4. Reduced cycle time: we do observethat most of the firms extend their deadlines often because of changes in project scope of shift in management policy.
5. strategic planning: six sigma plays a key role in any strategic vision. once the business has used created mission statement and carried out a SOWT analysis then six sigma helps you to focus on the area of improvement.
6. Supply chain management: the aim of six sigma is having a defeat rate less than 3.4 per million and you suppliers have influence on whether the target is met or not.