How much time does it take for a medium sized company to change their “bottom line thinking” to “statistical thinking?
This question implies that there is an “OR” situation involved in choosing Six Sigma/statistical thinking. Either we pay attention to the bottom line OR we do Six Sigma. Actually, as the GE results shown above indicate, the situation is really an AND. There is a cause-and-effect relationship between the bottom line and Six Sigma. The situation is more accurately described by “We will use Six Sigma to make our bottom line grow.” In contrast to traditional cost cutting, Six Sigma makes the bottom line grow by zeroing on those costs of the organization, which add no value for customers, shareholders, or employees, i.e., waste costs. When waste costs are reduced, the results flow directly to the bottom line. In any event, it seems to take approximately three to five years for medium to large companies to reach maturity in the statistical thinking required by Six Sigma.
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