Admin's other articles

4349 The World without Bankruptcy Laws

Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]

4348 The Wirecard and Infosys Scandals are a Lesson on How NOT to Treat Whistleblowers

What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]

4347 Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]

4346 Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies

Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]

4345 Why Government Should Not Invest Public Money in Sports Stadiums Used by Professional Franchises

In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]

See More Article from Admin

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

Visit Us

Our Partners

Search with tags

  • No tags available.

The project begins when the top management assigns responsibility to the Project Champion. The Project Champion usually delegates the task of preparing the Project Charter to another team member. It is important for both the Project Champion as well as the team member to understand what information is required. Here are tips on how to collect and review primary information from the management.

Where Do Six Sigma Projects Come From ?

Six Sigma projects do not suddenly appear. They are the result of conscious planning by the top management when they map the capabilities of an organization to the deliverables they foresee and find gaps. Alternatively Six Sigma projects are suggested by employees who are in the best position to suggest improvements. In either case it is a business problem which is driving the Six Sigma project. Hence information regarding the problem that is being solved is required.

What Information should be received before embarking on the Project ?

Before beginning work on the project, there is a bare minimum amount of information which is required. This information pertains to the objectives of the project which are nothing but extensions of the business problem identified earlier. Also the time frame which is expected out of the six sigma team must be made clear.

What needs to be done with this Information ?

Most of the times management does not give the Project Champion precise Six Sigma Project Statements. The information provided is vague and too broad to be specifically meaningful. For instance it could mean “preventing bad debts on accounts receivables”.

Obviously such a statement is a symptom and not the real cause. There is a considerable amount of digging down that needs to be done with this information provided by the management. It is for this reason that the Project Champion must:

  • Store all the information he/she receives
  • Clarify if the project objectives are too broad
  • Start conducting analysis that reveal the real issues

Why is this stage critical ?

The project team undertakes the project in the light of the data it has received. It is therefore essential that there be no ambiguity when it comes to storing this information. At a later stage of the project, this lack of data can be detrimental. It can cause the team to work either with the absence of critical data or engage in expensive time wasting data collection.

It is also possible that a misinterpretation may lead the team to start working on a completely wrong track. Therefore the activities pertaining to this stage should be conducted very carefully.

Article Written by

Admin

Leave a reply

Your email address will not be published. Required fields are marked *

Related Posts

Why are Companies Constantly Upgrading their ERP Systems?

Admin

It’s Now or Never: Why Business Must Embrace Sustainability before it is Too Late

Admin

The Pharma Sector and Intellectual Property Rights: Pros and Cons

Admin