Black Belt Return on Investment
How much can Black Belts save your company?

	Bookmark This Page Email This Page Format for Printing Cite This Article Submit an Article Read More Articles
	Related Tools & Articles Participate in the Latest Survey on Project Selection

Numbers like $250,000 of financial savings per project are easy to come by, but difficult to substantiate and document for your leadership teams...until January 2005. iSixSigma Magazine has surveyed hundreds of business professionals (over 800 data points) at all levels to understand the financial benefits companies have experienced in the past 12 months. Data has been collected by company size (both revenue and employee count), industry, and many other factors that will help us draw the line between your bottom-line financial success and the critical Xs that must be present.

At any stage of deployment, we see companies reaping significant financial benefit from Six Sigma Black Belt projects and generally have the commitment of senior management. The most significant financial benefits are enjoyed by the companies that audit their project results. And while the vast majority of organizations do set annual Six Sigma goals, nearly half of all Black Belts surveyed to not have any compensation tied to achieving those goals. Take a look inside to see how your organization compares.

Critical findings of this exclusive benchmarking research include:

FINDING 1: How the financial benefits of Six Sigma Black Belt projects vary across company size and industry.

FINDING 2: Just how committed company executives are to their Six Sigma programs.

FINDING 3: What Six Sigma programs focus on to achieve results, and what the critical element is for success and credibility.

FINDING 4: How long financial benefits are counted and whom the project results are reported to.

FINDING 5: What targets Six Sigma companies set, and how compensation holds individuals accountable.

FINDING 6: Six Sigma results: true success or viewed through rosy colored glasses?

Subscribe to iSixSigma Magazine and have the full details of this unique and exclusive research delivered to your desk in January 2005. Subscribe today and receive a charter subscription discounted rate and a free GOAL/QPC Six Sigma Memory Jogger. Hurry, this subscription rate and the free Six Sigma Memory Joggers won't last long.

Subscribe to iSixSigma Magazine Think Smart. Drive Results. Achieve Six Sigma.TM Rigorous project case studies, including story boards Secrets of successful Six Sigma companies and thought leaders Benchmarking research for small, medium and large companies How to benefit with any type of implementation model FREE GOAL/QPC Memory JoggerTM with your subscription! Memory Joggers are Limited – Reserve Your Subscription Now »

Rate This Article:    Poor    Excellent                1    2    3     4    5   View all top-rated articles

Copyright © 2000-2009 iSixSigma – All Rights Reserved
Reproduction Without Permission Is Strictly Prohibited – Copyright Requests

---

Publish an Article: Do you have a Six Sigma tip, learning or case study?
Share it with the largest community of Six Sigma professionals, and be recognized by your peers.
It's a great way to promote your expertise and/or build your resume. Read more about submitting an article.

"The Bottom Line" Links

BMG UNIVERSITY I I Lean Six Sigma Online I I • Reduce Travel Costs • Maximize Training Budget >> Get Certified Now

VILLANOVA UNIVERSITY   Earn Your Lean, Green or Black Belt Six Sigma Master Certificate Online BOOST YOUR SALARY! *$38k more than uncertified counterparts. Learn From Industry Leaders!   START NOW

SIGMAPRO MBB, Lean Sigma, & DFSS   when experience matters most...

JURAN Budget constraints halting your improvement efforts? They don't have to! Learn about our accelerated cost reduction methods.

LodeStar Institute | Public & Onsite Lean Six Sigma Also New Live WEB Training  WHY SETTLE FOR ONLINE? GET LIVE TRAINING AND PROJECT MENTORING FOR ONLINE PRICES

Finding that key person for your team is just a click away . . .     TheJobShop jobs.isixsigma.com

THE UNIVERSITY OF TEXAS AT AUSTIN 2 weeks + 1 project = Black Belt Certification

. Find us on LinkedIn Join the iSixSigma Network and Connect with Other Six Sigma Pros .

. iSixSigma Live! Summit & Awards Jan 13-16, 2009 • Miami, FL Save up to $500 • Click Here! Register by October 14 .

BEST SELLING PRODUCTS (iSixSigma Publications) Six Sigma DMAIC Training Slides The complete 2008 Lean Six Sigma DMAIC course prepares participants to perform the role of a LSS Black Belt; covering wh... Certified Lean Six Sigma Black Belt Assessment Exam Interested in assessing your knowledge of Lean Six Sigma? Preparing for certifications? Testing your students and traine... Six Sigma Black Belt (DMAIC) Training Slides - 2009 Version! The 2009 Six Sigma Black Belt course includes over 40 more slides than the 2008 version. Contents include: 1,220 PowerPo... Certified Lean Six Sigma Green Belt Assessment Exam This assessment exam is useful for students interested in assessing their knowledge of Lean Six Sigma on the Green Belt ... Process Management Training Slides The 2008 Process Management course is designed in two phases comprised of:352 Powerpoint slidesInstructor notesSlide exp... Certified Lean Six Sigma Black Belt E-book In 670 pages learn everything within the Lean Six Sigma DMAIC body of knowledge to successfully achieve Black Belt certi... Gage R&R Excel Template Gage Repeatability and Reproducibility (R&R) studies measure the amount of measurement variation that is attributabl... Sell Your Products