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 […]
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 […]
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 […]
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 […]
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 […]
Any Six Sigma Team usually has 7 types of personnel and a three layer reporting structure. The details of the same are as follows:
The internal communication of a Six Sigma team is highly informal. This is because every project has different requirements and the working cannot be generalised. However, before the beginning of any project, explicit roles and responsibilities are assigned to every person on the team.
However, team members are also requested to be vigilant and enthusiastic about any new needs that may arise during the execution of the project.
The following matrix explains the different stages of the Six Sigma project, where different personnel are required. The roles and responsibilities of each of these personnel have been mentioned in detail in the later articles of this module
| STAGE | PERSONNEL REQUIRED | |||||
| PROJECT IDENTIFICATION STAGE | Project Champion | |||||
| DEFINE | Project Champion | Project Lead | Finance Certifier | Process Owner | Project Coach | |
| MEASURE | Project Team | Project Lead | Project Coach | |||
| ANALYSE | Project Team | Project Lead | Project Coach | |||
| IMPROVE | Project Team | Project Lead | Project Coach | |||
| CONTROL | Project Team | Project Lead | Project Coach | |||
| PROJECT CLOSING | Project Team | Project Lead | Finance Certifier | Process Owner | Project Coach | Project Champion |
| Special Knowledge Team May Be Deployed As Required At Any Stage | ||||||
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