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Six Sigma is a business strategy that has been used by large corporations for decades to increase efficiency and productivity, but more and more small businesses are recognizing how this method can benefit them just as much as the big companies that implement multiple Six Sigma projects several times a year. The key is finding the right balance between investing in training and implementing Six Sigma’s methodologies and tools. 

What is Six Sigma? 

Six Sigma is a business process improvement methodology developed by Motorola in 1986. It helps organizations identify process-related problems and systematically eliminate them through data-driven decision making. In today’s competitive landscape, successful businesses must be able to identify areas of their operations where they can improve, particularly when it comes to cost savings or increased revenues. This is where Six Sigma comes in—it provides a framework for identifying opportunities for improvement and then measuring performance against established goals. 

Six Sigma & Small Businesses 

Small businesses have unique advantages when it comes to implementing Six Sigma—they are often more agile than larger companies, allowing them to quickly adjust processes with minimal disruption. Additionally, because they tend to have fewer resources and smaller budgets, the impact of any failure is minimized since there are no costly repercussions from running multiple implementations or experiments. Furthermore, small businesses can use real-time data analysis techniques combined with customer feedback to make faster decisions about which changes will have the most impact on their operations. Finally, having a structured approach like Six Sigma gives small businesses an advantage over their competitors who do not have such systems in place. 

How Do You Implement Six Sigma in Your Small Business? 

The first step towards successfully implementing Six Sigma at your small business is understanding what it entails—identifying areas of improvement within your organization, gathering data about those processes, defining objectives for improvement, creating plans for achieving those objectives, executing those plans, monitoring progress along the way, and making adjustments as needed until you reach your desired results. Once you understand the basics of the methodology, you should consider investing in training courses to ensure that everyone involved understands how to apply it correctly within your organization. You may also need software solutions that enable you to easily analyze large amounts of data or track progress on projects in real time without having to manually enter information into spreadsheets or other systems.