Six Sigma - An Effective Management Tool in a Competitive Economy
- Topics:
- Six Sigma
- Tags:
- Business Operations,
- Tool,
- Six Sigma,
- Quality,
- Process Improvement,
- Neville Clarke,
- Knowledge Base,
- Knowledge,
- It Operations,
- Tqm/Six Sigma/ISO 9000
- Source:
- Neville Clarke
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Overview: The world is moving towards a fast pace, knowledge base economy, whereby speed, quality of Service and cost are important determinants for the organization to sustain their competitive edge. In the business world today, many organizations face threats from business rivalry and the bargaining power of customers. The purpose of the article is tpo discuss that maintaining top quality services, low prices and timely delivery process are some of the key success factors that contribute to a good business strategy. Nevertheless, many organizations are currently facing shrinking market share and feeling the pressure to reduce operation costs. Read the article to understand that how does Six Sigma benefit companies?
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Format: PDF | Date: Jan 2003




