6 Sigma Categories
Business & Career Improvement
Taking a Look at the Energy Industry
- Categorized in: General Business Resources, Six Sigma Specialized (By Industry) - Implementing The DMAIC Methodology
It is a fact that humans require the use of energy. Even before machinery and high technology gadgets were introduced, people were looking for better, faster, and smarter ways of accomplishing tasks. In fact, it can be considered that this need for power is one of the most important elements which led society to develop into what it is today. Recently, the need for energy has become so high, it led to the birth of an entire industry; the energy industry.
There are various things in a person’s life that the use of power. For instance, a home needs to have enough power to stay warm during the cold days and keep the lights on during the night. The people who live in this home would also use this same power to help cook food or attend to the various chores and tasks around the house.
Aside from utilizing this power on a personal level, there is also a need for it to be utilized in performing large scale operations, such as those present in large companies, establishments, plants, and corporations. One can find that the demand for power has actually extended beyond the personal needs of man, and has escalated towards meeting the needs of larger entities, which leads to the need for finding better ways to utilize this energy efficiently. One way, is through the use of the Six Sigma quality management methodology. This business management theory is used to make business processes more efficient. If the processes to make goods and services are more efficient, less energy and resources are necessary, which is the goal of any business.
Over the years, people have been using energy to allow them to control the environment that they are exposed to and in turn, adapt to their surroundings. In a society, properly managing how this power is used is very crucial, especially if people want to make society as functional as possible. Proper regulations should be implemented so everyone can share and take advantage of it.
Today, in a world where industrialization is highly prevalent, the energy industry plays a very significant role in ensuring that important sectors towards everyone’s existence are properly provided for with the power necessary. These sectors include transportation, agriculture, information technology, waste collection, and the communication sector.
The energy industry is considered synonymous to the various types of fuels that people have been utilizing to provide them with the power they require. Among these are the fossil fuels, which are often excavated from under the earth, and petroleum products; both of which are non-renewable sources of energy, necessitating further their responsible use. The energy industry is also used to refer to such utilities as electrical power, which is considered a renewable energy.
Today, this sector is comprised of various industries whose aim is the generation and production of power. Among these are the petroleum sector, the gas sector, the electrical power sector (which is responsible for the generation and the distribution of electricity), the coal sector, the nuclear power sector, the renewable energy sector, and the traditional one.
Lately, however, the energy industry has been more concentrated towards finding options for how it can tap into resources which are considered renewable, especially because there have been issues about fossil energies dwindling. It is becoming a reality for people to achieve a cleaner, safer, and more environmentally-friendly power resource. In the meantime, processes like the Six Sigma Methodology can help with the tools necessary to use the power we currently have to its fullest potential.