Importance Of Six Sigma In The Business World

Better Than TQMbusiness world.
Six Sigma is important because it scores much higherHelps Increase Customer Satisfaction And Build
over other quality improvement techniques such asLoyalties
TQM. Business organizations employing TQM justAnother reason for the ever-increasing popularity and
focus on achieving predetermined quality levels, whichimportance of Six Sigma is that it really helps when it
certainly improves efficiencies but does not allow thecomes to handling competition, which has increased
organization to realize the full potential. Six Sigma isconsiderably in today's business world. Business
different as the focus here is to make consistentorganizations worldwide have realized that in order to
quality improvements until business processes are fullybeat the competition, they will have to offer better
optimized. As soon a certain quality level is achieved,quality products or services to their customers and
the organization shifts gears and starts concentratingthat too at competitive rates.
on achieving other levels of quality. The whole processSix Sigma helps because it enables business
continues until all the business processes are fullyorganizations to achieve the above stated objective,
optimized.which ultimately results in greater customer satisfaction
Data Driven Approachand helps in building customer loyalty. Having a loyal
Six Sigma concepts and methodologies stress the usegroup of customers is always important for any
of statistical tools and techniques for improving qualitybusiness because it ensures a constant flow of
and reducing defects. The dependence on hard factsrevenues even when there is a cyclical downturn in
and figures automatically ensures that whateverthe industry.
decisions are taken will have the desired affect on theThe importance of Six Sigma has increased manifold
quality of goods or services and the efficiency ofin the last two decades and is set to increase even
business processes.more in the coming years as more and more
An experienced production manager may be the rightbusinesses realize its benefits. Six Sigma is anticipated
person to make quality-improvement decisions but ifto maintain its dominance over all other existing quality
the decisions are based solely on gut feelings andimprovement techniques because it is flexible and can
preconceived notions, the decisions may not have thebe altered to suit the requirements of new businesses
desired effect, especially if the task is to makethat might come up in the near future. We can never
adjustments in a complex business process. Thebe too sure about the future but as far as the present
inherent ability of Six Sigma to produce the desiredis concerned, Six Sigma is certainly calling the shots
results has thus increased its importance in today'sacross all types of industries worldwide.