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Showing posts from May, 2020

Six Sigma Belts - Hierarchy and Certification

Six Sigma Belt Level Rankings Professionals who earn Six Sigma certification become key stakeholders in improving the quality of operations within their organizations. They strive to eliminate variation in manufacturing and business operations by implementing standard processes and establishing metrics that minimize the potential for defects. Many of today’s leading organizations synthesize Six Sigma standardization practices with Lean manufacturing methods that cut waste to make their organizations as efficient as possible. Some of the companies that have successfully put Lean Six Sigma (LSS) principles into action include 3M, Xerox, and BAE Systems. For businesses to achieve optimal results with these initiatives, experts trained in the applicable tools and techniques must guide enterprise-wide changes. But what do Six Sigma belt levels mean? These certifications indicate the roles that individuals are qualified to play in completing projects and promoting quality ma...

Benefits Of Six Sigma Certification in Finance and Accounting

The international financial environment is more interconnected than ever, with the effects of unstable or inconsistent monetary policies being felt far beyond a single organization. In today’s globalized economy, policy and operational problems in one country’s financial organizations can have severe economic consequences across the world. As these ripple effects become more and more noticeable, the ability to critically analyze and improve processes across an organization is an increasingly valuable career skill. While management techniques like Lean Six Sigma (LSS) have roots in manufacturing, there are numerous applications for LSS in finance and accounting that can help to correct operational inefficiencies and minimize risk across an organization. Benefits of Six Sigma in Finance and Accounting Applying the principles of Lean Six Sigma in finance andaccounting can create competitive advantages for organizations in nearly every industry. The case studies highlight...