This document discusses evaluating Six Sigma strategies using Return on Investment (ROI). ROI measures the benefit of an investment compared to the cost. Applying Six Sigma focuses on returns over costs to enhance shareholder value, improve customer and employee satisfaction, minimize risk, and reduce timescales. ROI is calculated as net income divided by the original capital cost to determine the benefit earned relative to the investment.
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LSS Unit 5
This document discusses evaluating Six Sigma strategies using Return on Investment (ROI). ROI measures the benefit of an investment compared to the cost. Applying Six Sigma focuses on returns over costs to enhance shareholder value, improve customer and employee satisfaction, minimize risk, and reduce timescales. ROI is calculated as net income divided by the original capital cost to determine the benefit earned relative to the investment.
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OMF751 Lean Six Sigma
OMF751 Lean Six Sigma
EVALUATION AND CONTINIOUS IMPROVEMENT METHODS
OMF751 Lean Six Sigma
Evaluation strategy for six sigma
OMF751 Lean Six Sigma
ROSS The potency of Six Sigma strategy means places particular importance on returns over costs. Using Six Sigma to measure Return on Investment brings many benefits. It gives you the power to enhance shareholder value, improve rates of customer and employee satisfaction, minimize risk, and reduce timescales.
OMF751 Lean Six Sigma
ROI What is Return on Investment (ROI)? Return on investment (ROI) is a financial ratio used to calculate the benefit an investor will receive in relation to their investment cost. It is most commonly measured as net income divided by the original capital cost of the investment. The higher the ratio, the greater the benefit earned.