Articles - Six Sigma in Finance en-us http://www.sixsigmaonline.org/articlelive N/A http://www.sixsigmaonline.org/articlelive info@sixsigmaonline.org 20 http://www.sixsigmaonline.org/articlelive/articles/607/1/Six-Sigma-Certification-For-The-Banking-Industry/Page1.html Six Sigma certification has developed and shown good results in the manufacturing industry. However, the concepts and tools of Six Sigma certification are such that they can be used in any industry; service, banking, help desk functions and many more.  In the banking sector, it gives a major boost the quality of services rendered.  info@sixsigmaonline.org (Six Sigma Training Assistant) Mon, 04 Aug 2008 00:00:00 -0400 http://www.sixsigmaonline.org/articlelive/articles/569/1/Involving-Finance-in-Six-Sigma---Do-It-Early-and-Fully/Page1.html Six Sigma projects claim to reduce costs and increase savings. However, assumptions are not enough - there should be sound proof.  Organizations need to measure the financial benefits achieved from the project implementation. Who else would be a better candidate for assessing this financial change but the finance department?  info@sixsigmaonline.org (Six Sigma Training Assistant) Wed, 25 Jun 2008 00:00:00 -0400 http://www.sixsigmaonline.org/articlelive/articles/568/1/Measuring-And-Improving-Service-Processes-With-Six-Sigma/Page1.html Services are primary to any organization, be it manufacturing, financial or service sector. Loan processing in financial institutions, the accounts departments in manufacturing companies and recruitment units of all sorts of companies are nothing but the services processes of the organization. info@sixsigmaonline.org (Six Sigma Training Assistant) Tue, 24 Jun 2008 00:00:00 -0400 http://www.sixsigmaonline.org/articlelive/articles/464/1/Using-Six-Sigma-To-Improve-Office-Processes/Page1.html Six Sigma may have been originally devised as a methodology for making improvements in manufacturing processes, but over the years it has proved so versatile that now many businesses have started implementing Six Sigma in the non-manufacturing domains including typical office processes such as sales, purchase, inventory, and others.  info@sixsigmaonline.org (Six Sigma Training Assistant) Thu, 13 Mar 2008 00:00:00 -0400 http://www.sixsigmaonline.org/articlelive/articles/448/1/Involving-Finance-In-Six-Sigma-Implementations/Page1.html It is common to hear companies claim substantial financial profits by implementing different developmental measures. However, how confident would a company be about the benefits - could it be by generating additional revenue or cost saving to actually affect the bottom line? Keeping this in mind, companies should definitely involve the finance department in deploying Six Sigma.  info@sixsigmaonline.org (Six Sigma Training Assistant) Tue, 26 Feb 2008 00:00:00 -0500 http://www.sixsigmaonline.org/articlelive/articles/384/1/Six-Sigma-And-The-Customer/Page1.html In today’s age of stiff competition, it is often not enough to offer quality at cost-effective rates.  Businesses that want to succeed in the long run need to offer something more than just quality goods and services. Six Sigma can help because it allows businesses to understand the needs of their customers and based on this, they can design and develop appropriate products or services. info@sixsigmaonline.org (Six Sigma Training Assistant) Sat, 22 Dec 2007 00:00:00 -0500 http://www.sixsigmaonline.org/articlelive/articles/361/1/Transactional-Six-Sigma/Page1.html In recent times the focus of business community has shifted to transactions instead of manufacturing. For instance, the reservation system of an airline is considered to be more valuable than the airlines themselves. Business units now focus extensively on deploying Six Sigma in their transaction processes to reduce errors and improve their transaction quality. info@sixsigmaonline.org (Six Sigma Training Assistant) Mon, 26 Nov 2007 00:00:00 -0500 http://www.sixsigmaonline.org/articlelive/articles/358/1/Importance-Of-Six-Sigma-In-The-Business-World/Page1.html Since the time Six Sigma was first implemented, its importance has increased significantly because customers have become more critical and demand high quality products and services at reasonable costs.  This is something that can only be achieved by implementing Six Sigma concepts and methodologies.  info@sixsigmaonline.org (Six Sigma Training Assistant) Tue, 20 Nov 2007 00:00:00 -0500 http://www.sixsigmaonline.org/articlelive/articles/309/1/Six-Sigma-In-The-Banking-Industry/Page1.html If you work in finance, then you need to know how to implement Six Sigma in banking.  Here's the how and why to make it happen! info@sixsigmaonline.org (Six Sigma Training Assistant) Wed, 26 Sep 2007 00:00:00 -0400 http://www.sixsigmaonline.org/articlelive/articles/299/1/Six-Sigma-And-Finance/Page1.html Six Sigma can be described as a set of management initiatives that aim at reducing defects by improving the efficiency of existing business processes. The only problem is that the success of Six Sigma initiatives depends on the level of support provided by all the functional departments in an organization. info@sixsigmaonline.org (Six Sigma Training Assistant) Tue, 18 Sep 2007 00:00:00 -0400