Learn the value of Six Sigma in organizations and how Six Sigma projects enable the achievement of goals, metrics, and scorecard targets. In this video, Dr. Richard Chua explains the importance of using Six Sigma as a means and not as an end in itself.
- Every company has goals.…They have annual goals to increase revenue,…gain market share,…improve productivity, quality,…reduce costs,…and the list goes on.…To achieve these goals, companies have plans,…initiatives, and projects.…Six Sigma is applicable for many of these projects.…Six Sigma projects are focused…on addressing specific problems,…performance deficiencies,…or improvement opportunities.…When Six Sigma project goals are achieved,…performance improves and the company is one step closer…to attaining its goals.…
But to be successful, Six Sigma should be viewed as a means…not as an end in itself.…Unfortunately, this is a very common pitfall…among many companies.…You should not implement Six Sigma for Six Sigma's sake.…You should do it to achieve business results.…Six Sigma projects should be used as enablers…for your organization to improve performance…on key operational and business metrics…that are critical to the success of your company.…
This is an important point to establish upfront.…To accomplish this, there must be alignment…
Dr. Richard Chua builds upon his Six Sigma Foundations and Learning Minitab courses, and covers an array of topics, including measurement system analysis, descriptive statistics, hypothesis testing, design of experiments, statistical process control, and more.
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- Six Sigma and the organization
- Collecting the voice of the customer
- Project management basics
- Process maps
- Sampling in data collection
- Measurement system analysis
- Measuring performance using descriptive statistics
- Process performance measures
- Hypothesis testing
- Testing for means, variances, proportions, and independence
- Correlation and regression
- Using selection matrices
- Using failure modes and effects analysis
- Developing control plans
- Statistical process control