Companies Often Want To Know Exactly How Many Benefits Can Be Derived From Six Sigma Training

Business.

How and when to choose the right six sigma training - the term" six sigma" may seem difficult to comprehend at times, but is actually very easy to explain. Statistically, Six Sigma can be defined as a near perfect method of production that restricts the number of defects to less than 4 for every million opportunities that exist for a defect to occur. The term is derived from a character in the Greek alphabet, which is used for representing a standard variation in statistical mathematics.

This makes Six Sigma one of the preferred quality management techniques for achieving near perfect business processes through process improvement. - six sigma follows a disciplined and data driven approach for eliminating defects in any type of business process, whether it is the product manufacturing process or after sale customer service. Data Driven And Disciplined Approach. The two most commonly used methodologies in quality improvement projects are the DMAIC process( define, analyze, measure, improve, control) and the DMADV process( define, analyze, measure, design, verify) . The latter is used for developing new products or business processes that conform to 6 - Sigma quality levels. The former is used for improving the quality of business processes that have not met customer specifications and require improvement.

Both the processes are carried out under the guidance of Green Belts and Black Belts, who in turn are guided by Six Sigma Master Black Belts. - just to get an idea, one can look at the financial data of general electric, one of the companies that have successfully implemented six sigma training. Companies often want to know exactly how many benefits can be derived from Six Sigma training. It is estimated that the total value of benefits derived from the training was close to a staggering$ 10 billion in the five years after implementation. Given that most companies can execute 4 to 6 such projects per year, the total savings can translate into$ 920, 000 to$ 1, 380, 000 per year. It is estimated that on an average, Six Sigma Black Belts help companies save$ 230, 000 per project. Selection Process.

The selection of the training consultant will depend on the type of Six Sigma program that the company is planning to implement. - after selecting the most appropriate type of training, a company needs to find the right consultant who has the necessary skills and experience in implementing six sigma programs. Some programs are implemented all throughout an organization whereas others are implemented in a specific area only such as individual functional departments. After getting approval from the employees, it is advisable to seek references from business associates in other companies that have implemented such projects and can provide the necessary insights. The decision regarding the selection of the consultant needs to be made only after consulting other employees, as they are the ones who will eventually interact with the consultant during the implementation process. Companies need to interview potential trainers and ask questions regarding their previous work relationships, total number of, referrals candidates trained by them till date, earlier projects they, training materials used have worked on, and their qualifications.

Companies need to inquire in depth about the type of training that the trainer is willing to provide. - this is essential since companies need trainers with a great deal of real - world experience. Usually, companies prefer training firms that operate online help desks for helping clients in dealing with problems that might arise after the training has been completed.