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What is Six Sigma and Why is it Important?

Hosted by the Consul of the Global Energized Living Group
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Took place 2 months ago
Mon 06 Jun 18:00 - 19:30

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Six Sigma refers to a set of techniques and tools that help organizations improve business processes. Organizations maximize performance and reduce product defects, which ultimately leads to higher profits. Introduced in its modern form in Protected content , the approach improves quality of output by identifying and eliminating causes of defects. Additionally, it contributes to the reduction of variability in business and manufacturing processes. As such, it remains a firm part of most business degrees, including the business administration program.

The methodology revolves around disciplined and data-driven practices. It achieves the objectives by employing a variety of statistical and empirical techniques. Every project adheres to a series of well-defined steps aimed at reaching specific value targets. Some of the intended targets include improving customer satisfaction, minimizing operating costs, reducing pollution, boosting profits, and reducing cycle time.

Six Sigma can provide a quantitative description of how a business or manufacturing process is performing. The description comes in the form of a statistical representation.

Guest speaker: Gunsu van der Avoird