What Is Six Sigma?Written by Peter Peterka
Six Sigma is an integrated, disciplined proven approach for improving business performance. The approach requires defining process function, identifying, collecting, and analyzing data, creating and consolidating information into useful knowledge and communication and application of such knowledge to reduce variation.Six Sigma is a management philosophy. Six Sigma means recognizing value of defect-free business processes. Fewer defects mean lower costs and improved customer loyalty. The lowest cost, high value producer is most competitive provider of goods and services. Six Sigma is a business improvement strategy. It seeks to identify, reduce, and eliminate defects from every product, process and transaction. It uses a structured systems approach to problem solving and strongly links initial improvement goal targets to bottom-line results. Six Sigma is a way to achieve strategic business results. Six Sigma is a process. Six Sigma is a robust continuous improvement strategy and process. More than a "quality" program, Six Sigma is a business initiative that helps every area of an organization meet changing needs of its customers, profitably. Six Sigma is also definition of a statistical measure of quality, 3.4 defects per million or 99.99966% high-quality. To implement six sigma management philosophy and achieve six sigma level of 3.4 defects per million opportunities or less there is a process that is used. Although zero defects is goal, as a measure, Six Sigma will drive a firm toward achieving higher levels of customer satisfaction and reducing operational costs.
| | Ten Effective Ways To Reduce Your Business CostsWritten by Dan Brown
Business cost can make or break a business when your just starting out. Here's 10 simple yet powerful ideas to make sure cost of doing business...does not put you out of business. 1. Barter If you have a business you should be bartering goods and services with other businesses. You should try to trade for something before you buy it. Barter deals usually require little or no money.2. Network Try networking your business with other businesses. You could trade leads or mailing lists. This will cut down on your marketing and advertising costs. You may also try bartering goods and services with them. 3. Wholesale/Bulk Buy your business supplies in bulk quantities. You could get a membership at a wholesale warehouse or buy them through a mail order wholesaler. Buy supplies you are always running out of. 4. Free Stuff You should try visiting thousands of freebie sites on internet before buying your business supplies. You can find free software, graphics, backgrounds, online business services etc. 5. Borrow/Rent Have you ever purchased business equipment you only needed for a small period of time? You could have just borrowed equipment from someone else or rented equipment from a "rent-all" store.
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