Survey Shows Six Sigma Delivers Profits

While the value of Six Sigma implementation is already widely known, the monetary benefits for a single company to train an individual are rarely quantified.  A recently released survey entitled The Customer Dashboard, however, attempts to rectify this gap.  It indicates that 86% of Six Sigma Black Belts contributed $500,000 to annual performance goals, while almost one in three (32%) contribute $5 million.  The survey also touts the benefits of Six Sigma on an anecdotal basis, allowing the effects of the program to be seen within a single company.  PR Newswire Reports:

Six Sigma implementation enabled a top company to save $400 million in costs- translating into a profit of $100 million. The long-run annual goal is to save $7 to $10 billion, resulting in an earnings increase of $5 billion.

Read More: Lean & Six Sigma: From the Top to the Troops – Case Studies in Excellence

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March 8, 2005 in Quality, Training | Permalink

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