ML - The way the world works - analyzing how things work
ML - The way the world works - analyzing how things work
David Nishimoto
HOW DID SIX SIGMA TURN GE AROUND
2 minutes Posted Dec 6, 2022 at 11:53 am.
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Show notes
In the early 1990s, GE was losing market share and was in dire financial straits General Electric boss Jack Welch adopted a corporate culture that was focused on continuous improvement and a belief that technology could solve all problems Welch added Six Sigma as a way to improve quality and productivity, and GE achieved remarkable results
1 Find the right people
2 Remove barriers to change
3 Ensure that everyone is trained
4 Ensure that everyone understands the process
5 Set clear goals and targets
6 Provide clear rewards
7 Pay attention to signals of change
8 Strive for perfection
9 Motivate with contests and other incentives
10 Use data for feedback
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