| Most companies contemplating Six Sigma | | | | cost of training will help save the cost of consultation |
| implementation have most of the costs worked out | | | | and time, keeping in mind the future projects. |
| beforehand. This follows the assumption that taking | | | | Some Realistic Points Of View |
| additional work means involving more people. You | | | | The truth about Six Sigma certification is no one is |
| either hire people on fee base or recruit them on your | | | | going to certify your organization after the |
| payroll at a cost. Well, then there is the cost of | | | | implementation, as there is no such certifying standard |
| implementation above this, which can run into quite a | | | | just yet. This implies that both the implementation and |
| few thousands of dollars depending upon the project | | | | achievement are relative, although measurable in terms |
| on hand. | | | | of cost saved. But there not yet one single universally |
| But is that the cost of Six Sigma? There are several | | | | accepted standard barometer to tell whether the cost |
| schools of thoughts and arguments about how to | | | | saved is absolute. |
| arrive at the cost of Six Sigma and one of which | | | | Let's just accept it; it is within the reach of the best |
| advocates an interesting theory. This appears to be | | | | employees of an organization to pull off wonders for |
| the closest of all the definitions of Six Sigma. | | | | their employer. They can be trained in-house or they |
| Cost of Six Sigma | | | | can be asked to study 'how to' books and tools by |
| The cost of Six Sigma is the cost of lost opportunities | | | | attending a seminar or two. The next best step |
| due to errand processes or procedures which could | | | | towards saving cost of Six Sigma is piggy backing on |
| have been saved had the procedures or the | | | | forums and discussion groups. This is absolutely |
| processes been corrected at the expense of a | | | | possible, considering that many small enterprises have |
| fraction of the cost. | | | | done this with great a degree of success. |
| Cost Consideration Before Project Selection | | | | Continuous self-education, forming of the team and |
| While contemplating the deployment, one needs to | | | | introduction to not just Six Sigma tools and procedures |
| think about the composition of the team as well. The | | | | but to the tools of management and cost give a |
| composition of the team can be so organized to as to | | | | broader picture. Six Sigma is no magic wand; it takes a |
| contain the cost of hiring. The big question however, is | | | | excellent analytical and reasoning ability with dedicated |
| whether the project team be placed within the purview | | | | and sustained efforts towards cost reducing (i.e; when |
| of the QA department or be kept independent. Should | | | | we say problem solving.) |
| the task force you are considering to form be | | | | The cost of a Black Belt could run from $100,000 or |
| composed of consulting Black Belts with select internal | | | | more depending on the project at hand. The number |
| employees or should you purely consider only the | | | | of Black Belts is not something which is entirely |
| freshly trained internal Black Belts? Consider whether | | | | decided by you if you are hiring Six Sigma consultants. |