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Book Reports
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| Number of pages / Number of words: |
2 / 527 |
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By 1994, Motorola reduced their manufacturing cost by $1.5 million. Since, Six Sigma was adopted by the notably General Electric (GE) and Allied Signal, now known as Honeywell. With that in mind, in 1996, Honeywell reported an increase of $1.4 billion on their bottom line within 3 years of Six Sigma improvements...
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GE has since became the standard bearer for power-driven Six Sigma to all business areas, and not restricting it to the factory floor which was, according to Honeywell's CEO Bob Galvin a mistake that cost Motorola at least $5 billion over a 4-year period. GE's CEO, Jack Welsh then elevated Six Sigma to the greatest fulfillment engine ever devised...
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