In the business world, competition runs 24/7. To be able to continuously adopt and level up with the stiff competition, you’ll need to regularly improve not only your products but your offered services as well. The company’s business management strategy needs to be improved accordingly to qualify to the fast paced growth within the businesses revolving your own. This is where the Six Sigma way becomes your key.
Six Sigma is considered as a highly controlled business management strategy on its own; however, it can also be used to create the enhancements a company requires. Depending on how you use it, Six Sigma offers two optional processes: the DMAIC (Define, Measure, Analyze, Improve, and Control) and the DMADV (Define, Measure, Analyze, Design, and Verify). The first used to improve an already existing business management strategy, most appropriately the strategy the company uses currently, and the latter for designing or creating a strategy to be used or produced.
Whether you’d want to improve your company’s business strategy, or for its quality control division, the DMAIC proves to be effective in enhancing what you seek. By simply following the executive meaning of the DMAIC method, you’ll be able to upgrade your strategy to work more smoothly and improve how things are run within your company.
Define for example, is a step where your Six Sigma team identifies the goal and objective of why you’re applying the Six Sigma way. If it is for your business management strategy’s enhancement, identify what you expect to achieve in the end.
Measure allows you to collect necessary information involving data that will be used for comparison at the end of the process itself. This also includes a detailed elaboration of the causality related to your strategy requirements.
Analyze, only means to study the data collected. Since you’ve already identified the problem at hand during the first step, here you’ll decide on what solutions you will use to solve your problem. Out of the possible solutions, the team would choose which one would