Many businesses today are implementing Six Sigma projects. They are struggling to:
Six Sigma provides a systematic way of improving business processes based on customer needs and factual analysis of company processes. Business intelligence (BI) is technology devoted to accessing, analyzing, and sharing business information.
Organizations like General Electric are combining these two technologies in the form of Six Sigma intelligence, a framework for using information technology to pick Six Sigma projects, get results more efficiently, and ensure their long-term success.
Specifically, BI systems from companies such as Business Objects help organization-wide implementation of Six Sigma in the following ways:
Many organizations struggle with choosing Six Sigma projects to implement. BI helps organizations prepare for the implementation of projects in the following ways:
In today's fast-moving environments, Six Sigma projects need to be implemented quickly and efficiently. BI is essential for speeding up each phase of change management techniques such as Define-Measure-Analyze-Improve-Control (DMAIC).
Long-term design-for-Six-Sigma initiatives require broad employee access to a wide range of metrics across their organization. BI is essential for collecting and understanding these measures, providing an integrated view of the business across different processes, and a single view of the customer across different divisions. BI can also be applied to the Six Sigma process itself, to compare the success of different projects across the organization, to determine the factors that lead to that success, and share best practices.
Six Sigma is one type of methodology adopted by organizations looking to improve performance. Enterprise performance management (EPM) solutions enable you to align people, processes and technologies around common plans to execute and optimize business strategy.