Design–>Measure–> Analyse–> Improve–> Control
•Define business problem
•Measure process (Y) performance
•Analyze the root causes (X’s) of the problem
•Improve, implement new solution
•Deliver Y performance over time
This system helps to REDUCE Costs, REDUCE ERRORS; FIRST TIME RIGHT METHOD
Innovation Pyramid
Incremental Innovation——>Micro level—> Continuous improvement at process level over cost, time and quality
Differential Innovation——-> Mini Level —> Continuous Product Development through unique USP, product features.
Breakthrough Innovation—-> Mega Level—> Business Process Innovation through a game changing patent-able concept, blue ocean strategy
Incremental innovation is promoted through the above mentioned DMAIC Approach done on a continuous basis.
More performance driven than innovation driven
For companies to focus on profitability and productivity, Six Sigma elements are viable. To sustain the profitability, focus shift has to happen in the area of growth and innovation through disruptive change
Even Companies like GE, Motorola (pioneers of Six Sigma) have resorted to the BLUE SKY APPROACH to innovate into a white space for sustained development.
GE: Imagination At Work
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