|The Importance of Monitoring Six Sigma Financial Results|
|Facilitated By:||Shekar Ayyar and Jeff Reinke|
|Date/Time:||June 12, 2003|
|Delivered At:||4th Annual Leadership Conference|
|Description:||Since the cost for implementing Six Sigma is not insignificant, enterprise stakeholders are getting more focused on quantifying results. Several companies make claims about hard and soft financial results as a result of Six Sigma and related quality initiatives. This is only possible in companies where financial results from individual projects are being monitored and reported real-time for better decisions support. Furthermore, if there is no documented link between large enterprise-wide savings numbers and results from individual projects, it can lead to credibility challenges for continuing Six Sigma commitment. |
- As an executive, do you have your finger on the Six Sigma pulse in your company from an ROI perspective?
- As a Six Sigma leader in your company, how important is it for you to monitor hard and soft savings from projects?
- What is the benefit of having access to Six Sigma financial information on an ongoing and real-time basis?
- What is the role that software infrastructure can play in assisting this goal?