• Title/Summary/Keyword: Six Sigma Strategy

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A Method of an Accurate Six Sigma Financial Effect Measurement and Connecting the Financial Effect to the Corporate Income Performance (6시그마 재무성과의 정확한 측정과 기업 손익실적과의 연계 방안)

  • Kim, Ho-In;Jeong, Jae-Ho;Kim, Chan-Mo
    • Journal of Korean Society for Quality Management
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    • v.37 no.3
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    • pp.94-101
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    • 2009
  • It is important to measure financial effect of six sigma projects accurately for successful implementation of six sigma in a company. However, researches on methods of six sigma financial effect measurement are relatively new. In this study, frequent error patterns of six sigma financial effect measurement are defined and accurate measurement methods are suggested. And a method of connecting six sigma financial effect to corporate income performance is also suggested which not only assures reliability of financial effect measurement but also helps to align with business strategy.

A study on the success factors for six sigma in Public Corporations (공기업에서의 식스시그마 성공요인에 관한 연구)

  • Cho, In-Hee;Yoon, Seong-Pil;Jung, Kyung-Hee
    • Journal of the Korea Safety Management & Science
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    • v.10 no.3
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    • pp.183-191
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    • 2008
  • Many companies desperately effort to find out more effective management method to survive in keen competition. Jack welch of past GE's CEO had said that an excellent result of today's GE management is thanks to Six sigma work. Many korean companies are introduced Six sigma method in their management since late 1993. Six sigma uses a set of strategies, statistics and methods to improve the processes we use to do everything from designing to manufacturing a product from marketing products and services to providing business information to our internal and external customers. The purpose of this study is to overcome these problems and to help make an important decision in establishing introduction strategy by abstracting the reasons and success factors and result indices which are important sources for introducing Six sigma management.

Application of Six-sigma Management Innovation in Telecommunication Service Industry : A Case of Applying Six Sigma in KT (통신 서비스산업의 식스시그마 추진 사례 : KT 식스시그마 추진 사례를 중심으로)

  • Lee, Kee-Chul;Ro, Tae-Soek
    • Journal of Korean Society for Quality Management
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    • v.34 no.2
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    • pp.68-76
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    • 2006
  • It is generally thought that the quality management and the six-sigma management innovation are not applicable to service industry, which might be derived from some differences between service and manufacturing industries. However, both are substantially alike in some intrinsic attributes. KT is leading the quality management and the six-sigma innovation activities in service industry, especially among telecommunication companies in Korea. Six sigma management innovation has been fostered in KT within short period of time and played an important role in helping KT privatized successfully. The successful cases of six sigma innovation activities in KT could be introduced to other Korean companies in service industry. Five key factors for the success of six-sigma innovation activities are suggested, The hidden factory in all the fields of company should be eliminated. Six-sigma projects need to be connected with the company strategy. The project should be carried out intensively in a short time. The innovation activities in the field need to be integrated. The best practice of six-sigma should be disseminated in the field.

Six Sigma Business Breakthrough Strategy (6시그마 경영혁신전략)

  • 홍성훈;김상부;권혁무;이민구
    • Journal of Korean Society for Quality Management
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    • v.27 no.1
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    • pp.223-231
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    • 1999
  • The concept of six sigma was introduced at and popularized by Motorola in its quest to reduce defects of manufactured electronics products. When used as a metric, six sigma technically means having no more than 3.4 defects per million opportunities in any process, product, or service. More important than the technical definition is the concept of six sigma as a disciplined, quantitative approach for improvement of defined metrics in manufacturing, service, or financial processes. This approach derives the overall process of selecting the right projects based on their potential to improve performance metrics and selecting and training the right people to get the business results.

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A study on the Strategy for Management Business Innovation and Information System in Next generation. (Focued on PI & Six Sigma) (차세대 경영혁신 및 정보시스템 구축 전략에 관한 연구 (PI & 6시그마 중심으로))

  • Park, Jong-Ki;Kang, Kyong-Sik
    • Proceedings of the Safety Management and Science Conference
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    • 2005.11a
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    • pp.19-29
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    • 2005
  • Since 1980's, many enterprises have constructed Strategy Information System and tried BPR, ISP. Also, they implemented ERP and practiced the Process Innovation and Six Sigma for Management Innovation in todays, Although most companies had provious good plans, but those are not satisfied. Because of failed to change management and continued next activity. Many Project for Process innovation are ended as disposal project in many case, if they want next project, they need a new plan which needs additional fund and re source. This paper studied Process Innovation and Six Sigma in many things and proposed new model for continued project on the master plan. Also it proposed next study subject about ERP Optimization and Harmonization after implemented ERP which is considered as next step of PI.

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Innovation Strategy using the TRIZ Creativity in Industry (TRIZ 기법을 이용한 기업 혁신전략)

  • Hwang, In-Keuk;Ahn, Young-Soo;Chung, Lak-Chea
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.9 no.5
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    • pp.1453-1459
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    • 2008
  • Successful Six Sigma methodology involves continual success of projects, each incrementally moving the organization closer to its strategic goals of shareholder return and customer satisfaction. However, Six Sigma methodology has some disadvantages in long-term technical strategy parts, systematic technology management techniques and concrete idea creativity methodology. To complement these Six Sigma problems, Triz technique is considered. Triz focuses on solving such problems efficiently, effectively, and creatively. The purpose of this paper is to improve the temperature inspection method of a refrigerator through the DAGEV(Define-Analyze- Generate-Evaluate-Verify) cycle of Triz.

A study on the Strategy for Management Business Innovation and Information System in Next generation(Focued on PI & Six Sigma) (차세대 경영혁신 및 정보시스템 구축 전략에 관한 연구(PI & 6시그마 중심으로))

  • Park, Jong-Ki;Kang, Kyong-Sik
    • Journal of the Korea Safety Management & Science
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    • v.8 no.5
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    • pp.119-130
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    • 2006
  • Since 1980's, many enterprises have constructed Strategy Information System and tried BPR, ISP. Also, they implemented ERP and practiced the Process Innovation and Six Sigma for Management Innovation in todays. Although most companies had previous good plans, but those are not satisfied. Because of failed to change management and continued next activity. Many Project for Process innovation are ended as disposal project in my case, if they want next project, they need a new plan which needs additional fund and resource. This paper studied Process Innovation and Six Sigma in many things and proposed new model for continued project on the master plan. Also it proposed next study subject about ERP Optimization and Harmonization after implemented ERP which is considered as next step of PI.

The Relationship between TPM and 6-Sigma (TPM 을 기반으로 한 혁신활동과 6시그마의 상관관계 고찰)

  • Son, Dong-Hoon;Kim, Chang-Eun
    • IE interfaces
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    • v.13 no.2
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    • pp.171-177
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    • 2000
  • The Six-Sigma is now common word as a management innovation in every business. Many companies have practiced to the TPM in Korea. These companies have regarded the Six-Sigma as a new approach or redundant strategy for management. This paper suggests a model which contains how to unite TPM and Six-sigma to make a big synergy effect for the company which is on developing of TPM. This model based upon SAMSUNG CORNING as a process industry.

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Green Six Sigma for Green Growth Implementation (녹색성장 실행을 위한 그린 6시그마)

  • Kim, Dong-Chun;Hong, Sung-Hoon;Shin, Wan-Seon
    • Journal of Korean Society for Quality Management
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    • v.38 no.4
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    • pp.521-530
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    • 2010
  • Global regulatory pressures relating climate change and environmental responsibility are asking companies to find out the best way for sustaining their continuous business growths. It could be known that inadequate management for environmental issues are bad for business, negatively affecting brand image, causing unnecessary losses and costs for environmental preservation. For this reason, environmentally conscious green business growth has been recognized as an essential requirement for a company to stay in business. Many companies are looking for green business opportunities of improving their environmental and financial results, and struggling with how green fits into their business. In this paper, the Green Six Sigma, an environmentally conscious Six Sigma methodology, is presented as a way to find solutions for green growths. The Six Sigma is known as a disciplined, data-driven approach and methodology for achieving world-class performance in any process from manufacturing to transactional. In chronological order, the Six Sigma has been evolved from Motorola's quality-oriented methodology to GE's cost-oriented lean approach, and is being evolved and developed as an environment-oriented green growth approach. There is no doubt that the Green Six Sigma, as an engine of green growth, is a power tool for achieving competitive business performance and reducing the impact on the environment.

Innovation Strategy for Shortening The Lead Time of The New Product Development Using 6 Sigma (6시그마를 이용한 신제품개발기간 단축을 위한 혁신전략 - 기업 사례를 중심으로)

  • Hwang, In-Keuk;Kim, Jin-Ho;Park, Yong-Bok
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.7 no.2
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    • pp.224-230
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    • 2006
  • As business competition gets together, there is much pressure on product development service organizations and manufacturing to become more productive and efficient. Product developers need to create innovative products in less time, even though the products may be very complex. To get this purpose, Six sigma methodology can be used. Six sigma is a strategic approach that works across all processes, all products, and all industries. The purpose of this paper is to develop the innovation strategy for shortening the lead time of the new product using six sigma method.

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