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Incentives being a BB

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Viewing 16 posts - 1 through 16 (of 16 total)
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  • #34197

    Zairi
    Member

    Hi,
    I wish to know if anyone out there had any survey done on incentives being a BB.
    My particular interest is % company that adopt 6 Sigma that accorded special monthly allowance to their BB ( apart from project results’ based incentives system)
    My company faces BB retention problems & this measures is one of the possibilities that I thought of.
    Thanx in advance for any reply.

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    #93917

    zhou
    Participant

    BB/GB retention should base on recognization and reward. And the later is much effective.

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    #93970

    Dennis
    Participant

    Hi there. I am also interested to find out about the “benefits” of being a BB. I am extremely surprised to hear that there are “bonuses” related to the Six Sigma projects completed in some companies? From what I experience, lots of self-motivation is required, especially if the management does not show any appreciation for what you have done, ignorant of your acommplishments, or just brush it off by saying I have paid you to do the job. This could be the scenario in an Asian culture. What do you think?
    Dennis

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    #93979

    Gautam Mehra
    Participant

    Well, i , being a full time BB myself, believe that the companies that are oriented towards six sigma have incentives being laid down for the accomplishments of the work in this field. Mentored projects showing positive high impact results often do come into management notification and are subjected to rewards and incentives. Directly or indirectly, the major incentive that a BB gets through his work is the number, type, and valuation of the projects led and mentored is that there is a boost to his market value INSIDE the organization. What say?

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    #93981

    Mainebear
    Participant

    In my opinion, Blackbelt retention has been one of the most critical issues in 6 Sigma programs.
    Companies will often hire experienced blackbelts externally as a means of expediting 6 sigma deployments, rather than developing high potential candidates from internal resource pools. This often provides trained blackbelts  external opportunities with significant compensation increases.
    Whether or not a bonus or incentive plan is employed, without a strategy to promote blackbelt retention, companies will not fully realize the return on investment of the blackbelt training. Very often, the bonuses and incentives  plans that are provided to blackbelts do not mitigate the opportunity risk that blackbelts are offered externally.
    A retention plan of some type is necessary whether its a bonus plan or some other strategy…
     
     

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    #93983

    Phil Bryant
    Participant

    Here, here!

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    #94011

    I’Anson
    Participant

    I think though management sometimes knows the efforts of BB they don’t want to give incentives,act very conservatively.May be this is the reason why BB retention is a challenge.

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    #94027

    Alfred
    Participant

    In my company there is not any incentive to BBs. At this moment none of us are certified and as far as I see it´s going to be very difficult BBs retention after our certification. Perhaps managers are thinking on any incentive for that moment, but I think it´s going to be much late.

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    #94053

    sn1491
    Member

    Some companies use stock options and repatriation programs as retention mechanisms. The repatriation program seems to be the most effective one. It works as a promise of both professional and monetary enhancement as you finish your BB assignment. Even if a company does not have a full fledge Six Sigma program, it is wise to retain BB resources in house as managers. This helps in spreading the knowledge across the company and obtaining the highly desirable “management support” in projects.

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    #94115

    Mohd Abdul Majeed
    Participant

    Hi
    I want to know about six sigma and where can i get the information to make career in this particular field. I would really appreciate if anyone give me positive reply.
    i hope i will get it soon.
    Majeed

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    #94117

    SSS
    Member

    Hi,
    The best source of information (honest, straightforwrad, candid and accurate) comes from Six Sigma pasionate deployment leaders who have learned six Sigma the hard way and STILL love Six Sigma.  I don’t think you will find qualify information on Six Sigma careers in a book or website. My recommendation is to contact well-known Six Sigma leaders and request for an informational interview. If you’re lucky, you may find a good mentor.
    Good luck.

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    #94160

    viven
    Member

    i am wondering about the expectations of Six sigma Black belts in any company beocs  i am currently working on an six sigma project for a envirounmental issue by proposing a methodology.. will i be expected too much becos though i kow most of the things in this methodology i am still worried abut the expectation level since my application knowledge is not that much..
     

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    #94168

    MN
    Participant

    Why so pessimistic? Lack of trust in any SS Author?Please guide us to some of  those heros as we all need a piece of honest,accurate ,straighforward advice as well,     kind regards.  MN 

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    #94210

    SSS
    Member

    A Black Belt can represent a career advancement tool for you or a career in Six Sigma. As Black Belt, I suffered tremendously because my company did not have the required infrastructure to deploy Six Sigma. On the other hand, as Black Belt I gained so much knowledge and a new way of thinking which have helped me in my career. Despite my frustrations as BB, I decided to make Six Sigma my career and passion. My advise to you is to experience both ends of the Six Sigma spectrum. I don’t see my life wihtout Six Sigma, despite the frustrations we all face in our careers. It’s fascinating!
    Good luck!

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    #101558

    avantika
    Participant

    If you are from New York, please email me ASAP on [email protected]
    Thanks!

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    #102640

    Gautam Mehra
    Participant

    Yes. Even I am pretty much interested to know if someone has a survey done on the BB incentivised job growth. It feels to me that out of all the companies ( X%)that adopt 6 Sigma as their improvement (process + quality) methodology, there has to at least a few that do not just have project result driven incentives for the BBs, but also a “Growth Plan” for BBs. I think that this is the only way that a company could retain its BB long enough.

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