The trend of Six Sigma Certification has come because of its wide approach and benefits which has been trial and tested by numerous big companies such as Motorola, General Electric, Ford etc. It is also notable that with time the Six Sigma has integrated the Lean title as well and have embedded usage of Just in Time and other similar approaches in addition to the Six Sigma’s base model. Six Sigma is actually a set of statistical tools which acts as a measuring parameter and by using it an individual can identify hidden problems in the course of business and an effective approach to resolve the issue. On one hand, it provides a Root Cause Analysis and due to its development, it has been seen that it also prepares an individual for leadership roles.
How Six Sigma Can Transfor Your Business:
Based on different polls, surveys and testimonials it is uncovered that Six Sigma not only just improve the business but it also has taken it to a level, making it more adaptable to respond to changes in the more agile way.
Directing back to our underlying question which is “How does Lean Six Sigma benefit your business?”
Benefits of Six Sigma Certification:
Below are the top ten benefits which come along with Six Sigma certification to your business:
1.) Cost & Waste Optimization:
The waste which comes out has also got cost involved in it and also if a process has defects it produces more waste which incurs a cost to the company. As the basis of Six Sigma starts with Define, Measure, Analyze, Implement and Control (DMAIC) process which helps a professional understand the operation and measure its impact. So far this methodology has shown success and has optimized the defects to very minimal i.e. 3.4 defects per million probability. Roughly, it is said if we optimize the defects even by x it will produce an output impact on the revenue by 2x.
2.) Grabbing Market Share:
One of the major prospects of business in this competitive culture is to acquire more market share which has become feasible by the use of Six Sigma. As per the concept which defines that Six Sigma states about 2 defects per billion opportunity and if the process is implemented correctly, a business can easily make a customer happy because of its quality and as the market is short of consistent quality player will allow businessmen to grab more market share.
3.) Retaining Customer:
Eliminating any dissatisfaction has certainly affected the customer happiness of engagement with the brand and it’s one of the serious factors which even bigger brand strategize on. Also, there have been instances where companies are not even aware of the non-happy customer because of any reason viz. defective product, bad sales, employees behaviour etc. Giving customers satisfaction is one of the benefits which derives indirectly by the implementation of Six Sigma. Here, Six Sigma certification gives you the tool to analyze data sets and one can see the attrition of customer and even know about that customer who left silently because they might have had a bad experience.
4.) Maximizing Production:
It’s proven and tested that if an optimized consistency is followed it allows us to lower the defect number and waste as well. With Six Sigma tools, we can effectively track where the waste is incurring even in terms of idle time. If we can successfully remove these from the business we would see that it has provided us with a clear picture of the issue and we could strategize on it accordingly. Also, it has been seen that many organizations have a huge number of employees but are unable to utilize their workforce effectively but with Six Sigma it comes with the benefit of effective management and Root Cause Analysis in case of low productivity. If we address this we can undoubtedly maximize the productivity of the business.
5.) Boosting Employees Morale:
Six Sigma gives the skill set to help identify HR issues relating to paid entitlements only which is a major factor when accessed in a survey about the important factors which effects employees morale. Here, when a person is Six Sigma certified, the methodology to project their overtimes and other allowances which enable them to get their own data at their fingertip. In addition, with the help of Six Sigma when a process is optimized and running well and the company is crunching higher turnover and giving employees the perk which they deserve also boost the motivation of an employee as they are a part of a rapidly growing company.
6.) Efficient Work Management:
Deploying the Sig Sigma in terms of workforce management also helps to align and optimize the time. Within this, the employees might be asked to take on the challenge and apply the approach which they have learned in Six Sigma training. In real terms, if the problem is considered it might be a question like where the time is idling or even more deeper when the interruption is happening and due to what? And then accordingly action plan is created. Due to this, it has also be seen that work-life balance has been impacted in a positive way.
7.) Managing the flow of Goods and Services:
Things revolve around the end game of 2 defects per billion, in respect to this we need we have to take care of the business supplier in an efficient way in order to reach near to our goal. It’s necessary that a business has an eye on the supplier as they are the one who is passing the materials (in case of manufacturing) and the lower the number it would be, the easier it would be to manage the defects and have a constant eye on changes done by supplier side. Six Sigma sets the goal and even standards in this operation field in terms of improvement as much as possible in the Supply Chain.
8.) Focused on Improvements:
This comes from the derivation of strategies which is usually expected to be identified by Six Sigma Black Belt professional, it embeds the goal, vision and mission of the company from a broader perspective. So when a company does analysis on its areas of improvement, Six Sigma helps them to achieve focused approached with better results. When Six Sigma improves the operations or to be precise even the manufacturing and the ultimate goal of cost-cutting in respect to waste and idle management helps in focused improvements.
9.) Improved Cycle and Takt Time:
When a whole set of the team is experienced and knowledgeable in Six Sigma approach and it methodologies it gives the company an advantage as in quality expert of Six Sigma Green Belt in every functional area which helps in identification of factors which are affecting the cycle and takt time and also gives out the solution to lower it down. Cycle and takt time comes out of the production and customer satisfaction respectively and since the Six Sigma’s benefit is to focus on these specifics it helps to lower down both of the times.
10.) Competitive Advantage:
Without any doubt Six Sigma gives competitive advantage as it is more like a boost growing phase of the company and more of them are trying to implement Six Sigma as their quality standard in between these many companies who failed to establish or the ones who are not able to see the competitive long term benefits are left out and when your business implements the Six Sigma process it automatically goes ahead of many bunches of companies which might even include some big and old player as well.
In core, there are two levels which exist i.e. Six Sigma Green Belt and Six Sigma Black Belt. As a Black Belt is necessary for the project overviewing and is crucial to the business whereas Green Belts are the ones who oversees and runs the operation on the ground level and because of their trained expertise they aren’t so easily replaceable which also makes them a necessity for Six Sigma implementation stage. In addition, more like in today’s world one shouldn’t go out because of something whose benefits are already proven. A business player should remember what happened to Kodak which resisted the change and didn’t evolve.