Why Standard Six Sigma Analysis Toolkits Are Losing their Applicability

[KIU]

For better understanding, let us shed some light on some of the main reasons that are driving businesses to look at the inherent limitations of standard Six Sigma analysis tools and techniques in terms of their applicability nowadays in this highly competitive business environment.

Increasing Difficulty of Business Processes

Over the years, business processes have become increasingly complex, making it quite difficult to undertake an analysis using the conventional Six Sigma statistical tools and techniques.ISO 27001 toolkit Even if a business somehow controls to do so, it would not help much simply because there will be no certainly that the results obtained from the analysis reflect the actual state of affairs.

There are too many variables to consider in most business processes that are being used nowadays and as such it's just not possible to statistically analyze certain system and make accurate estimations.

Processes Are in the Mode of Continuous Change

Earlier, businesses took a long time : sometimes even years : to make changes to their existing business processes, but now since the changes have become a regular occurrence, especially in the high-tech industries such as IT and BPO, it just doesn't seem right to continue using the conventional analysis toolkits.

Analysis done through conventional toolkits takes a lot of time, which basically demonstrates by the time the analysis is over, the case in question would already have gone over to a new phase and as such would require going through an entirely new assessment process.

Operable Life of all Products Is Continuously Decreasing

Since consumers' needs and expectations are changing at a fast pace, the operable life of all products is on a downward trend. This is driving companies to continuously keep changing their product line and adding new features that might help attract clients and retain existing ones.

Conventional Six Sigma analysis toolkits just cannot achieve this objective obviously because they are too slow at suggesting the best method. They could probably make means for accurate estimations, but since the point that matters most is the timely assessment of changing customer needs and requirements, businesses just cannot afford to keep using them.

So, What is The solution?

Well, for that you just need to have a look at the current trends in the industry that is getting increasingly dependent on the latest technological tools such as Six Sigma simulation. Empowered by advanced IT systems, simulation tools are functioning as the back of most of the Six Sigma quality improvement projects that are currently being implemented.

Simply because they provide adequately for most of the limitations of conventional Six Sigma analysis toolkits, they are increasingly being accepted as the perfect replacement by businesses worldwide. This certainly bodes well for the future of simulation, but obviously not so for the conventional Six Sigma analysis toolkits.