Management Glossary

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six sigma
A rigorous methodology implemented with the objective of lowering costs and, particularly, minimizing process and/or product defects. It can be applied to just a specific area of an organization's operations, such as manufacturing, or to all processes throughout the organization including, but nor limited to, human resources, sales, administration, finance, etc. The six sigma methodology is data-driven and includes rigorous measuring of all critical aspects of the relevant processes.
Contributed by: Managerwise Staff

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