Tuesday, January 7, 2020
Six Sigma and Project Management Literature Review Essay
INTEGRATION OF SIX SIGMA AND PROJECT MANAGEMENT LITERATURE RESEARCH 1. Introduction In todays global business environment, the importance of first-to-market, customer service, cost-competitiveness, and quality are key factors in determining an organizations success, or undesirable failure. Manufacturers, engineering and transactional firms share a drive to lower costs, reduce cycle time and offer a diverse product mix as they pursue higher profits and an increased market share in a growing global environment. As an effort to secure a competitive edge in its respective industries, organizations are seeking ways to increase efficiency and guarantee successful execution of critical business processes. A variety of systems Ãâ" suchâ⬠¦show more contentâ⬠¦The keywords used were ÃâÃâSix Sigma, ÃâÃâDesign for Six Sigma and ÃâÃâProject Management. At the same time, additional information was gathered from scholarly books in order to support this study. The intention was primarily to support and improve the information of each of the sections and to use existing knowledge on Project Management and Six Sigma literature as far as possible despite the limited number of papers that I found on the literature search. 3. Six Sigma: concepts and definitions Before we can go any further into the discussion of the findings of this literature research about the benefits and implications of the integration of Six Sigma and Project Management, I consider that it is very important to outline the basic concepts of each of those methodologies so that it will be possible to understand the fundamental principles of their interaction in the improvement strategy of an organization. In this sense, Kwak Y.H. and Anbari F.T. [4] present an excellent definition of the Six Sigma Methodology as a project driven business strategy that allows an organization to focus on the improvement of its processes based on a deep understanding of its customers requirements and the continuous reduction of defects in all the activities of the organization. As it will be explained later, the processes improvement is achieved in a project byShow MoreRelatedDifference Between Innovative Abilities Of Organization And Six Sigma Essay1385 Words à |à 6 PagesSix Sigma in an Organization: Achieving high rate of performance is the aim of any organization, especially under the pressure of competition. In this regards, innovative abilities of any organization is considered as the leverage of the competitive abilities. The organization s innovative abilities have drawn the attention of the scholars and practitioners over last decade. 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