It was thought that the Six Sigma concept was simply "too powerful to fail," a misconception on which the whole misfortune of the Six Sigma programs is based. The human factor is often not taken into consideration. Elements such as empowerment, communication and recognition play an important role in determining the success of the Six Sigma methodology, according to the result of the study. Implementation in sectors like finance and

Sigma Define Six Sigma Six Sigma is a management frame that in the past 15 years has developed from a center on process improvement with statistical tools to an inclusive structure for managing a business. The significance that the Six Sigma procedure has on improving business performance is spectacular and well recognized. Leading global companies including Motorola, General Electric, Allied Signal and Citibank have enlightened the world how Six Sigma programs have

Sigma 'Lean Six Sigma Systems' is a strategy that was employed by big industries like Motorola because of the exorbitant costs involved in the black belt strategies and the large organizations were able to afford it rather than in small industries. However now all the sections of the industry is leaning to 'Six Sigma' and there are developments both for the big and the medium industries that can be used

Commitment from top level management is of utmost significance. In order to successfully implement six-sigma, the management must commit to it so that it can influence others and gain their support as well. Employees must be completely convinced that Six-sigma initiative is for real and needs to be taken seriously. Top management can tie rewards with performance based on six-sigma just like GE CEO Jack Welch did when the company

To maintain the improvements, it is necessary to rewrite the SOPs, and ensure that the staff are properly trained in the new techniques. One of the key elements to Six Sigma is that not only should the company improve processes, but that those improvements should be replicable. The only way that is possible is if each person involved in the process is aware that the process has changed, and is

Sigma The organization in question is American Express (NYSE: AXP), which is a credit card firm. The majority of the company's business is in issuing consumer credit cards, which are used to purchase a wide variety of goods and services. According to the company's latest annual report, it is also engaged in network services, merchant acquisition and processing, fee services, travel-related services, expense management products and stored value/prepaid products. The