2006-08-27 18:28:15 · 2 answers · asked by BABLA 1 in Business & Finance ➔ Corporations
Its a management theory that is based on the idea that there is a certain specific strategy that will produce an optimum outcome. Developing best practices is a continual process.
2006-08-27 18:44:14 · answer #1 · answered by jeff410 7 · 0⤊ 0⤋
Motorola discovered Six Sigma - it saved them Millions & millions of dollars in annual revenue for a straight 10 yrs in a row...
Only once they were forced by the international community that they came out with it...then came a revolution where in all the companies in the world started replicating the Six Sigma wave in their companies and processes and saving in return the classic example GE. So that's Best Practice for you in a nut shell...one of the best example...
2006-08-27 22:29:51 · answer #2 · answered by Myles 2 · 0⤊ 0⤋