Why Companies Engage in International Business
To Expand Sales The first and foremost reason is that western multinationals would like to expand their sales and acquire newer markets so that they can record impressive growth rates. Considering the fact that the developing countries are peopled with consumers who have aspirations to western lifestyles, it is, but natural that the western companies […]
International Logistics – A brief introduction
Supply Chains ride on Logistics Networks and IT Applications/Internet. In this topic a brief introduction to each of the Logistics Function/Industry is attempted. The foundation of logistics function is based mainly on Transportation by Road, Rail, and Air & Sea. Maritime trade has existed since times immemorial. History is replete with the major maritime routes […]
How Big Data and Algorithms along with Platform Capitalism Rule Our World
The Elements of the Digital Economy If you have ever transacted on an eCommerce site or have used your Smartphone or Mobile for commercial purposes as well as have taken a ride in the digital aggregator cab services such as Uber or have ever used Mobile Wallets and other forms of digital payments, chances are […]
Indias Angel Tax
Obtaining funding for a startup is extremely difficult. It is said that startups receive money only from friends, fools, and family. However, there is another class of investors which provide money to these organizations. They invest in companies which are at very early stages of their product development. They belong to the same ecosystem as […]
Economics of Mobile Phones in Africa
In the developed world, mobile phones are something that we take for granted. The biggest purpose of a cell phone is to entertain its owner. Cell phones are used by people to connect with their loved ones, play games and log on to the social media. This is the reason why people in developed countries […]
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.
Your email address will not be published. Required fields are marked *
