The Advantages And Disadvantages Of Six Sigma

The Advantages And Disadvantages Of Six Sigma

Nowadays there are many people whom have heard of the Six Sigma management strategy. This business strategy has become known worldwide as it has helped many companies over the last 20 years increase their performance and cut down costs. There are a lot of interesting thinks that you should know about this business strategy as, if you know how to use it right, it can turn a hopeless business into a very fruitful one in almost no time at all. That is why more and more people are using this strategy in order to boost up their business. However, the fact is that by not knowing about the correct use of this system, you might wind up wasting your time and money without obtaining any improvements for your company. There are a lot of advantages and disadvantages when using these strategies and that is why you should do a little research first as you will have to use your own way of integrating these theories in real situations. One of the most important advantages of using the Six Sigma strategy is that you will be able to increase the productivity by improving the quality and reducing the defect. You will first have to identify the problems, make adjustments, set certain goals, making the product process smoother. Another very important advantage is that, with the help of this strategy, you will be able to increase the variety of products you are producing. Product diversification is not only possible, but recommended, as you will be able to offer more products and services to your customers. You will also be able to cut sots by using the Six Sigma business strategy thus saving more money for future investments. However, there are some disadvantages when using this strategy and you should always take them into consideration. For example, you will notice that after making a decision it will take some time before receiving some good results as there are will probably be arguments on the employment of methods that are meant to improve the strategies. You will also have to rely on statistics or data when making a decision, and as we all know, sometimes the best decisions are made through experience. That is why you will need a team leader with knowledge on Six Sigma and experience. Also, if you don't manage to reach your goals and achieve the necessary benefits, you will probably have to start the Six Sigma strategies from the beginning thus wasting a lot of time and effort. One of the biggest disadvantages is that, the Six Sigma strategy is designed to ignore the costs and efficiency in order to focus on the quality improvement. Knowing that a lot of people are using this strategy to improve their business would suggest that, on the long term, the disadvantages of using the Six Sigma business strategy are outweighed by the benefits. Still, if you think that you need more information before implementing this strategy into your business, then you should do some more research using the internet as you will probably find all you need.

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