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CSSGB - Certified Six Sigma Black Belt - Dump Information

Vendor : Financial
Exam Code : CSSGB
Exam Name : Certified Six Sigma Black Belt
Questions and Answers : 182 Q & A
Updated On : November 12, 2018
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CSSGB Questions and Answers

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CSSGB Certified Six Sigma Black Belt

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CSSGB exam Dumps Source : Certified Six Sigma Black Belt

Test Code : CSSGB
Test Name : Certified Six Sigma Black Belt
Vendor Name : Financial
Q&A : 182 Real Questions

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Financial Financial Certified Six Sigma

The Partnership of Six Sigma and facts Certification | killexams.com Real Questions and Pass4sure dumps

Over the ultimate a few articles, I’ve wired the virtues of strong data nice architectures and approaches. In my ultimate article, licensed records and the Certification process for fiscal institutions, I focused on licensed statistics and the procedures that aid it. This month i will determine how great administration classes, akin to Six Sigma, healthy into this statistics certification message. Sid Frank, Senior foremost at Knightsbridge solutions, has assisted me with this text. Sid has worked extensively in the TQM and 6 Sigma worlds, both internal and outside of financial functions.

Many groups have applied Six Sigma ideas and philosophies to a large number of techniques and performed wonderful outcomes. Few agencies, youngsters, have utilized Six Sigma to their facts best strategies. right here, Sid and i will reveal how the application can be made. 

what's Six Sigma?The narrowest definition of Six Sigma is a statistical one: controlling a method to restrict output defects to three.four per million opportunities. Whereas a defect is anything else outside a client’s requirement specification, an opportunity is any probability of a defect taking place.

Most agencies use Six Sigma extra extensively, as a purpose of achieving near premiere first-class for a product or provider via new or enhanced procedures and tools, and as a frame of mind for satisfying client necessities. for instance, Motorola has used Six Sigma procedures to enhance their construction methods for his or her mobile phones. in a similar fashion, GE has used Six Sigma techniques to enhance efficiencies and price discounts in quite a lot of its companies. These corporations consist of plane engines, vigor, medical methods, and GE capital. but we want to analyze a an awful lot narrower software—Six Sigma on facts.

statistics phrases Reviewed As a quick evaluate, “certified records” is defined as statistics that has been subjected to a structured first-rate process to be sure that it meets or exceeds the standards dependent with the aid of its supposed buyers. Such standards are usually documented by way of service level agreements (SLAs) and administered by an organized information governance constitution. in this definition, we discuss with the term “standards.” here is the place the Six Sigma starts to fit completely. Six Sigma is all about measurable requirements that will have an impact on fine and/or productiveness. an extra connection, or affinity, to certified statistics is that a formal Six Sigma application naturally links to measurable company effects. 

as an example: In a ten-yr length, Motorola, the originator of Six Sigma, multiplied sales by means of a factor of five, and profits by way of well-nigh 20% per 12 months. At GE, Six Sigma initiatives have driven $10 billion to the base line over the lifetime of the program. Honeywell is a different enterprise that credit Six Sigma with expanding productivity. they've accelerated productivity with the aid of 6%. software to information CertificationSince Six Sigma and data satisfactory development share the same intention of reducing defects, records certification growth courses are herbal candidates for the software of Six Sigma methodologies.

Six Sigma MethodologiesThe two commonly used Six Sigma methodologies, DMAIC and DMADV, are proven in figure 1. DMAIC (define, Measure, Analyze, enrich and control) is used to supply incremental improvements to latest techniques. DMADV (outline, Measure, Analyze, Design and check) is used to develop new tactics or make radical alterations to current approaches. Design for Six Sigma, or DFSS, is yet another identify for DMADV. both methodologies comprise the philosophy of continual growth using a remarks loop.

figure 1. DMAIC and DMADV Six Sigma procedures

each methodologies additionally depend on the ability to specify the preferred output of a method, such as the best and certification of statistics, the capability to measure the output or great of the statistics, and the ability to manage the system to have an effect on the desired output. The ETL and first-rate manner for this was discussed in last month’s article, licensed records and the Certification technique for monetary institutions.

fitness of UseSpecifying records certification requirements will also be in comparison to specifying great necessities for a fabric input, similar to steel to a producing procedure. The fine and certification requirements are driven with the aid of supposed use, or consumption. steel used to manufacture plane bolts could have extra stringent structural great necessities than steel used to fabricate family appliances. similarly, the facts used for compliance reporting and corporate efficiency analysis may have greater stringent fine requirements than facts required for customer segmentation or other advertising capabilities.

it's essential to be in a position to thoroughly outline measurable attributes for information certification. at the least 50% of the attributes ought to be “use-certain” versus accepted records high-quality metrics (e.g., p.c null fields).

Measuring information QualityCentral to six Sigma and statistics certification is the capability to measure information satisfactory right through the complete manner and compare the genuine outputs to the favored, required or expected outputs. The means to certify statistics relies on how intently the statistics produced reflects the facts that become required or expected. Some regular metrics used to certify information encompass:

  • Accuracy/PrecisionAccuracy refers to how intently the information price has the same opinion with the relevant or “genuine” cost. Precision is the capability of a dimension or analytical results to be consistently reproduced, or the variety of massive digits to which a value has been measured or calculated. you'll concurrently be extremely genuine and completely inaccurate.
  • Take, as an instance, an oil filter company that produces millions of filters yearly. it can accurately calculate revenues with the aid of capturing the revenue cost for each filter to 2 large digits, representing the expense of each and every filter bought. To calculate profit, the enterprise collects and calculates expenses for every filter to 4 big digits. as a result of mistakes in accumulating, allocating and calculating costs, the enterprise discovered that its charge per filter changed into off via as a great deal as 10 cents per filter, yielding a income calculation error over $300,000.

    Accuracy may also also discuss with non-quantitative records, comparable to consumer names, client addresses, consumer segment categorization, product classifications and descriptions.

  • CompletenessCompleteness measures the presence or absence of records. for example, a precise-five financial institution determined that the customer addresses it obtained from a 3rd-celebration statistics issuer were ninety five% finished. The missing 5% charge the bank thousands and thousands of dollars in ignored move-promoting opportunities. Completeness additionally pertains to retention necessities for old records. To function ancient trending, company analysts regularly require ancient facts spanning a few years.
  • ReliabilityWhile reliability is carefully involving accuracy, it's greater of a relative measure of how a good deal self assurance you could region in the facts values. Reliability is regularly used for facts that is supplied from exterior suppliers. for example, a bank receiving credit score rankings from a credit score reporting firm believes the credit score scores it receives are suitable for 99.9% of its potentialities. This capability that for a pattern set of one hundred,000 valued clientele, credit ratings can be fallacious for 100 purchasers.
  • records reliability can pertain to the reliability of the data source as smartly. In aggressive intelligence systems, sources are often rated for reliability. as an instance, a supply just like the ny instances will continually have an improved reliability ranking than the national Enquirer. simple sources frequently obtain higher scores than secondary sources.

  • AvailabilityData is just useful whether it is obtainable when needed. this is very true for managers relying on resolution support systems. commonly, systems are down and facts isn't accessible all through preservation periods or device screw ups. facts availability can also be defined because the ratio of the amount of time facts is attainable to the period of time statistics is required for access.
  • Timeliness/FreshnessThe Wall highway Journal is regularly spoke of because the obituary column for Wall road traders. by the point inventory costs or inventory “information” is posted, the road has already accounted for the information in the revenue fee of a inventory. with the aid of then, it’s too late for traders to take capabilities of the posted guidance. facts nearly always has an linked “timing” or “freshness” attribute or component. whereas records may well be measured in seconds for inventory traders, the time requirement for mortgage analysts may well be years.
  • Consistency data consistency refers back to the standard definition, figuring out, interpretation and calculation of an information element. using this first-class metric is illustrated by using right here instance: in the system of designing a efficiency information mart for a bank card financial institution, a multi-department survey was carried out on the interpretation of company “profit.” Some departments equated earnings to EBIT, others did not. And while some departments blanketed the cost of capital, others didn't. 
  • one more usual instance is the use of and interpretation of “price.” A manufacturer of cell phones tried to measure the efficiency of its sales drive by using the cost per phone negotiated by using its sales individuals with its distributors. The mixture of incentives provided by means of every salesperson differed with the aid of customer, and often by every negotiated deal. Incentives can also have covered quantity coupon codes, advertising allowances, rebates, or any combination of these offers. The sales price of each cellphone didn't replicate the genuine web or “pocket” cost of each and every phone. on account of this, price could not be used as a legit approach of measuring income efficiency.

  • forte forte is closely concerning consistency. For a knowledge point to be consistent, it is going to even have a distinct identification and definition. There have to be a distinct definition and formula of calculation for “lifetime value” and “massive” shoppers to calculate the lifetime cost of massive shoppers.
  • normal facts Certification program ChallengesWhen attempting to implement a data certification software, organizations stumble upon usual concerns, challenges and complications. These consist of:

  • realizing the needs and fitness of useData necessities are neither absolute nor popular. records necessities are described via the users and buyers of the data. they are bounded by way of the supposed use of the facts. a common improvement challenge is gathering, knowing and examining the distinctive data wants of diverse facts users/consumers and buyer organizations. Whereas advertising may additionally best require particular person monthly account balances to be accurate to within 5%, finance may additionally require these same balances to be inside 1% correct. another branch, like audit, may additionally require 0.1%.
  • Measuring accuracyBoth DMAIC and DMADV (or DFSS) methodologies require measuring the statistics fine attribute or metric. facts accuracy could be complex to measure because:
  • finding factors of defectsWhen the facts satisfactory metric is universal and measurable, it is now and again elaborate to hint the explanation for the defect. this is very true if there is an extended and complex trace from the supply of the statistics to the information element of interest, or if the value of the information element is a characteristic of different facts elements.

    dimension or facts VolumesMeasuring, analyzing and enhancing data first-class often looks daunting within the face of distinct terabytes of statistics, with a whole lot to hundreds of statistics facets with interdependencies. confronted with this complex “ocean” of facts, many companies locate facts high-quality development courses untenable.

    where or how to start?faced with these and other application challenges, equivalent to can charge justifying the facts development venture, groups are often challenged with how to initiate and implement a a success Six Sigma facts excellent development initiative.

    Six Sigma information Certification BenefitsDespite these challenges, groups can be well-rewarded for enforcing a knowledge certification software. One advantage of getting access to terrific licensed data is that it creates more suitable foundations for making business selections. It additionally helps executives keep away from litigation by way of ensuring that the records used for regulatory compliance is of the highest quality.

    The advantages of making use of Six Sigma ideas to data certification are:

  • A framework and methodology exists that can also be applied to improving data fine.
  • Six Sigma tools and recommendations are available to aid the methodology.
  • Successes carried out in improving manufacturing and other approaches can be realized in achieving facts best ambitions.
  • ConclusionOrganizations making use of Six Sigma concepts and methodologies to manufacturing and different methods have realized billions of dollars in merits. The identical may also be authentic within the even more information intensive world of fiscal functions. by means of making use of Six Sigma methodologies to enhance their records first-class procedures, monetary associations can recognize compounded benefits of reduced charges, reduced dangers, elevated revenues, stronger margins and regulatory compliance.

  • Duffie BrunsonDuffie Brunson

    Duffie is a Senior predominant for monetary features at Knightsbridge solutions. With greater than 30 years of event in economic institutions as each a banker and consultant, he has been involved with leading-area tendencies within the business, together with the introduction of the automatic clearinghouse, the debit card, in-home transaction functions, co-branded credit score playing cards, electronic charge networks, fiscal advisory/planning functions and integrated client records warehouses.

    Duffie holds an undergraduate degree from the college of Virginia and an MBA from Georgia State tuition. he is a graduate of the Seidman Auditing faculty at the tuition of Wisconsin, and the Stonier school of Banking at Rutgers college. He has served as a member of the ABA's Operations and Automation high-quality Council, as a faculty member of the Graduate college of Banking at Colorado, and as a lecturer on the Universita' Cattolica del Sacro Cuore in Milan, Italy.

    Duffie can also be reached at dbrunson@knightsbridge.com.

    Editor's notice: greater fiscal features articles, materials, news and hobbies are available within the enterprise Intelligence network's fiscal functions Channel. be certain to seek advice from these days!
  • Sid Frank

    Sid is a senior predominant for monetary and executive capabilities at Knightsbridge options, HP’s new information administration observe. Sid’s potential includes observe management and systems development. At Knightsbridge, Sid manages facts management evaluation and construction initiatives. he is a former senior manager with PricewaterhouseCoopers and Naviant. At each companies, Sid concentrated on the practice of designing and setting up company-critical resolution guide methods, knowledge management systems, and aggressive intelligence programs for the financial, telecommunications, and retail industries. At GE, he became chargeable for managing each building and R&D programs. Sid holds an executive MBA from Temple college, a Masters of techniques Engineering from the institution of Pennsylvania, and a Bachelor's diploma in Electrical Engineering from CUNY.

    Sid has written “An Introduction to 6 Sigma Pricing” and “What’s in a value: dropping revenue through expense Confusion.” He coauthored “The Partnership of Six Sigma and information Certification,” “Six Sigma records best procedures” and "Managing to Yield: A path to elevated profits.” Sid will also be reached at sfrank@knightsbridge.com. 

  • contemporary articles via Duffie Brunson, Sid Frank


    The large 4 of certification and assessment | killexams.com Real Questions and Pass4sure dumps

    Courts and regulators will evaluate your effectiveness as an funding adviser towards a technique general — as hostile to a efficiency commonplace. It isn't about even if you made funds on your purchasers; it is set no matter if which you can reveal the fiduciary method that you just followed to manage your client’s investment selections prudently. As a realistic matter, a comprehensive framework is needed to make sure that all your fiduciary practices are fully and readily addressed on a continuing foundation. A deliberate method to behavior periodic assessments offers this type of framework. The monetary capabilities trade is likely one of the few last industries/professions that have not defined formal requirements and approaches to consider the effectiveness of a firm’s policies and processes. besides the fact that children, there's a trend in the regulatory community toward requiring any such system, such because the 2006 Pension protection Act’s requirement that the arrangement between a “fiduciary adviser” and a plan sponsor be audited annually through an unbiased third birthday party.

    I need to admit to being a relative newcomer to the certification and evaluation group, having been uncovered to certification processes best some two years in the past. I additionally ought to disclose that our firm Fiduciary360 is without doubt one of the founding members of a new world certifying body — the Toronto-primarily based Centre for Fiduciary Excellence LLC — and that i'm a director on its board.

    From what I even have seen, there seem like at least 4 distinctive assessment strategies in use with the aid of a sizable segment of the monetary features trade: ISO, SAS 70, Six Sigma and CEFEX. The sidebar illustration summarizes each and every assessment technique, the areas assessed, the sponsoring corporation and people events authorized to behavior the assessment.

    The largest and most identified requirements firm on earth is the foreign company for Standardization, called ISO (iso.org). based mostly in Geneva, it oversees 15,000 world requirements and has greater than 156 member nations, including the united states. essentially the most favorite ISO specifications that have an effect on the economic functions industry are:

    • ISO 9000: Defines a common for an organization’s exceptional-handle and customer satisfaction techniques.

    • ISO 19011: Defines a global general for conducting method or techniques audits. it is used to set up conformity to practices exact in other necessities, reminiscent of ISO 9000.

    • ISO 17799: Defines a standard for a firm’s tips processing and technology.

    • ISO 22222: Defines a common of care for fiscal planners.

    SAS 70 is an internationally diagnosed auditing typical developed by using the American Institute of certified Public Accountants in ny which tests and reviews the effectiveness of an organization’s interior controls over information technology, exceptionally the insurance plan of sensitive customer records. Sarbanes-Oxley now requires publicly traded organizations and their outdoor vendors that supply IT, software carrier issuer functions and again-office help to display implementation of their high-quality-control procedures — the SAS 70 audit document has emerged as the most appropriate attestation of such necessities.

    leading third-birthday party administrators, listing keepers and administrators in the 401(okay) business; believe businesses and banks that give custodial services; and the lower back places of work of principal funds administration agencies all have begun to behavior SAS 70 audits voluntarily.

    Six Sigma is most appropriate established in manufacturing circles, the manner being sophisticated and popularized via Motorola Inc. of Schaumburg, ill., and everyday electric Co. of Fairfield, Conn. Six Sigma attempts to determine the motives for defects (customer dissatisfaction) and prescribes the steps that may still be taken to correct the defects. Six Sigma has been used in the monetary features industry to improve the efficiency of name facilities and by way of the insurance industry to increase underwriting and policyholder strategies.

    CEFEX is the brand new kid on the block but traces its lineage to ISO roots. It has adopted the ISO 19011 world auditing average because the basis for its assessment system, and a couple of of the CEFEX founding enterprises are one of the vital largest ISO registrars (companies that award ISO certifications). CEFEX is concentrated exclusively on funding fiduciaries and the world practices that outline a fiduciary’s commonplace of excellence.

    One set of practices has been defined for funding stewards (trustees and investment committee members), another for funding advisers (funding consultants, wealth managers, financial advisers and broker consultants) and a third for funding managers (skilled money managers).

    Shared attributes

    All four assessment tactics share definite attributes:

    there's a prescribed, systematic and documented technique for obtaining suggestions which is objectively evaluated to verify the extent to which an organization conforms with its own policies or procedures, or with defined trade practices.

    there is an outlined remediation method to establish “gaps,” and prescribed steps to appropriate deficiencies.

    funding advisers and/or their valued clientele that undergo one or more of those evaluation tactics adventure definite benefits:

    A certification provides possibilities and shoppers with an independent verification (inside verification within the case of Six Sigma) that the adviser is in conformance with defined fiduciary practices.

    When a certification technique is used with the funding adviser’s fiduciary customers (investment committees of retirement plans, foundations and endowments), the process enables trustees to benchmark their latest popularity, prioritize work and measure development.

    Certification helps investment advisers and funding managers to display their management in the trade, enrich their marketability and enhance their talents for country wide and international consciousness.

    The certification process can serve as a practicum and aid to enrich internal communications with the funding adviser’s consumers, employees and vendors.

    Certifications deliver funding advisers with a rigorous and disciplined strategy to evaluating the effectiveness of the adviser’s investment decision-making process. but even an off-the-cuff self-assessment by using the investment adviser can go a long manner in discovering procedural omissions and shortfalls. With both approach, the purpose is to profit advantage on how the adviser could make dramatic and measurable advancements to their observe.

    Donald B. Trone is president of the center for Fiduciary reviews and chief government of Fiduciary360 LP, both in Sewickley, Pa.


    Six Sigma Black Belt practicing and Certification counsel | killexams.com Real Questions and Pass4sure dumps

    Six Sigma black belt classes instruct college students within the methodology used to enhance a company technique or enhance an alternative method to boost earnings and minimize spending. students commonly have to be licensed in green belt Six Sigma practising, and a university degree in science, enterprise or engineering may also be required for entrance to a black belt Six Sigma application. potential college students may still also understand the way to create spreadsheets and be at ease with primary laptop courses. Black belt programs typically require students to propose a Six Sigma challenge to work on before acceptance. The challenge is frequently concerning the pupil's present supplier and must be administration-accredited. typical direction topics encompass:

  • Statistical evaluation
  • Experimentation strategies
  • undertaking conversation
  • discount of product defects and part time
  • solution implementation
  • team constructing
  • general Careers

    Black belt Six Sigma certification practicing prepares students to increase pleasant management inside an organization leading to monetary profitability. Positions might also include:

  • Director of pleasant
  • fine engineer
  • first-class coordinator
  • Product engineer
  • vice chairman of creation
  • income suggestions

    according to PayScale.com, most Six Sigma black belt task managers earned between $60,701 and $127,099 as of October 2016. The identical source additionally pronounced that most high-quality managers who've Six Sigma black belt certification earned between $sixty five,817 and $one hundred twenty,459, and the majority of operations managers retaining this certification earned between $58,912 - $124,425 at that equal time.

    continuing education

    A grasp black belt certification is attainable nationwide and is the highest degree of Six Sigma training someone might also receive. programs cowl every thing a green belt and simple black belt program includes but also superior topics in leadership tasks. A graduate licensed as a master black belt in Six Sigma can head Six Sigma projects and might train lessons to eco-friendly or black belt trainees.

    A Six Sigma black belt program teaches college students with eco-friendly belt certification greater statistical and experimental ideas to increase the performance of companies, enabling people to doubtlessly earn excessive wages as managers.


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    Certified Six Sigma Black Belt

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    What Is Six Sigma and How Can it Help Marketers? | killexams.com real questions and Pass4sure dumps

    Business Term with Climbing Chart / Graph - the word Six Sigma PHOTO: Shutterstock

    Organizations that deploy Six Sigma strategies strive to make nearly all of their business opportunities and processes statistically free of defects and yearn for increased performance, decreased process variation and better quality of products or services. When applied to marketing, Six Sigma allows marketers to see problems through the eyes of the stakeholders and customers, measure and analyze the results and improve upon the process, according to Maple Holistics CMO Nate Masterson. Six Sigma, he added, “is all about compartmentalizing problems in order to better understand how they need to be approached and solved. Every system is in need of improvement; it’s just a matter of how dire the need is.” 

    Today we’re exploring the key concepts, certifications and methodologies around Six Sigma in business and will also discuss how it can apply to marketing.

    Six Sigma Origins

    Six Sigma, trademarked by Motorola on Dec. 28, 1993, has roots in terminology associated with statistical modeling of manufacturing processes, according to Wikipedia. 

    A sigma rating can be applied to the level of maturity of a manufacturing process. It can produce information on its yield or the percentage of defect-free products it creates: “Specifically, within how many standard deviations of a normal distribution the fraction of defect-free outcomes corresponds to. Motorola set a goal of 'six sigma' for all of its manufacturing.” Decisions within a Six Sigma strategy are made “on the basis of verifiable data and statistical methods, rather than assumptions and guesswork.”

    Related Article: Six Sigma Letting You Down? Rediscover Concurrent Engineering

    Six Sigma Methodology Outputs

    According to the Six Sigma Institute, Six Sigma allows businesses to gain an advantage in several key areas. They include:

  • Business strategy supported by management.
  • Vision supported by management.
  • Benchmarks to measure success and strive for internal processes improvement.
  • Measured, accountable business goals.
  • Statistical measures to constantly use data and analysis for positive outcomes.
  • Robust, proven methodologies for constant improvement.
  • According to ASQ, Six Sigma methodology usually includes: 

  • Teams that have well-defined projects with a direct tie-in to the bottom line.
  • "Statistical thinking" training and extensive training in advanced statistics and project management for organization leaders. Six Sigma has a certification of Black Belts for these leaders (more on that later).
  • Inclusion of the DMAIC approach to problem solving: Define, Measure, Analyze, Improve and Control. 
  • Related Article: How the Power of Simple Helps to Navigate the Buyer Journey

    Six Sigma Methodologies

    At the heart of Six Sigma is the deployment of two sub-methodologies: 

  • DMAIC: The Six Sigma DMAIC process includes Define, Measure, Analyze, Improve, Control.
  • DMADV: The Six Sigma DMADV process includes Define, Measure, Analyze, Design, Verify. 
  • Six Sigma Green Belts and Six Sigma Black Belts can execute these strategies and are under the watchful eye of Six Sigma Master Black Belts.

    Six Sigma vs. Lean Six Sigma

    Some practitioners have combined Six Sigma ideas with lean management to create a methodology named Lean Six Sigma. Six Sigma and Lean Six Sigma strategies strive to eliminate waste and create the most efficient system possible. Lean practitioners say waste comes from "unnecessary steps in the production process that do not add value to the finished product while Six Sigma proponents assert that waste results from variation within the process."

    Six Sigma Certifications

    Six Sigma includes certifications of belts. The Six Sigma certification comes in various skill levels, modeled after the karate belt system: Yellow Belt, Green Belt, Black Belt, and Master Black Belt. These certifications can be obtained through an accreditation body like the American Society for Quality (ASQ):

    Yellow Belt

    According to the IASSC Certified Lean Six Sigma Yellow Belt™ (ICYB™), those who obtain Yellow Belts for Six Sigma lead limited improvement projects and/or serve as a team member as a part of more complex improvement projects lead by a Certified Green Belt or Certified Black Belt, typically in a part-time role. They understand elementary aspects of the Six Sigma Method like subject matters contained within the phases of Define, Measure and Control (DMC) as defined by the IASSC Lean Six Sigma Yellow Belt Body of Knowledge.

    Green Belt

    According to Simplelilearn Solutions, the skills acquired in a Lean Six Sigma Green Belt certification include: 

  • Leadership and implementation skills for Six Sigma projects.
  • Identifying an improvement project in the “define” phase.
  • Measuring process and product in the “measure” phase.
  • Performing data analysis and hypothesis testing in the “analyze” phase.
  • Identify possible improvement actions for the performance of variations in the “improve” phase.
  • Define efficient operating levels for inputs and outputs in the “control” phase.
  • Use Quality Function Deployment (QFD), Failure Mode and Effects Analysis (FMEA) and Risk Priority Number (RPN).
  • Black Belt

    The IASSC Certified Lean Six Sigma Black Belt™ (ICBB™) is a professional who is well versed in the Lean Six Sigma Methodology, who leads complex improvement projects, typically in a full-time capacity. A Lean Six Sigma Black Belt possesses a thorough understanding of all aspects of the Lean Six Sigma Method including a high-level of competence in DMAIC. A Lean Six Sigma Black Belt understands how to implement, perform, interpret and apply Lean Six Sigma at an advanced level of proficiency.

    Master Black Belt

    The ASQ Master Black Belt (MBB) includes individuals with "exceptional expertise and knowledge of current industry practice." Master black belts have outstanding leadership ability, are innovative and demonstrate a strong commitment to the practice and advancement of quality and improvement. 

    Related Article: Translating Lean Thinking Into Lean Performance

    Six Sigma Tools

    Those practicing Lean Six Sigma use multiple tools that include Six Sigma tools like control charts, SIPOC and others.

    According to iSixSigma, they include:

  • 5 Whys
  • Affinity Diagram/KJ Analysis
  • Analysis of Variance (ANOVA)
  • Analytic Hierarchy Process (AHP)
  • Brainstorming
  • Calculators
  • Capability Indices/Process Capability
  • Cause & Effect
  • Control Charts
  • Design of Experiments (DOE)
  • FMEA
  • Graphical Analysis Charts
  • Hypothesis Testing
  • Kanban
  • Kano Analysis
  • Measurement Systems Analysis (MSA)/Gage R&R
  • Normality
  • Pareto
  • Poka Yoke
  • Process Mapping
  • Project Charter
  • Pugh Matrix
  • QFD/House of Quality
  • RACI Diagram
  • Regression
  • Risk Management
  • SIPOC/COPIS
  • Sampling/Data
  • Simulation
  • Software
  • Statistical Analysis
  • Surveys
  • Templates
  • Value Stream Mapping
  • Variation
  • Wizards
  • Framework for Project Work that Relates to Process Improvement

    How are marketers using Lean Six Sigma? Chris Plamann, a marketer for United Rentals, said for his team, Lean Six Sigma is about process: either creating an efficient process where one didn’t really exist or identifying gaps and improving upon current processes. “Further,” he added, “it’s about collecting, analyzing and then making choices based on real data. Obviously, the goal of the analysis component is to understand where value can be generated from creating a new process or reworking an existing one.”

    As a marketer, he’s relied on the framework of DMAIC (they pronounce it as di-MAY-ik). “Without getting to deep into the description of any one stage, there are analytical tools that are used to investigate in each,” Plamann said. “So it really is a framework for project work that relates to process improvement.”

    Lean Six Sigma for CRM

    That framework has been applied to a recent CRM implementation, Plamann said. “We knew we needed to understand existing sales processes, understand what was working, what wasn’t, and how to improve,” he said. “Process pretty much always precedes system implementation, and so we know we needed to get it right in order to succeed with the CRM component.” A lengthy project using the DMAIC framework really set his team up for the CRM implementation. They did analysis and identified the need for internal communication, certain types of training, etc. It turned out to be crucial to the project’s success, he said.

    How DMAIC Applies Specifically to Marketing

    Erol Sevim, a B2B marketing specialist, outlined in a LinkedIn post how marketers can specifically apply marketing outcomes to the DMAIC system:

  • Define - Define the business/marketing problem. What are your goals? How will it benefit the organization? What is your expected ROI? Are the goals S.M.A.R.T (Specific, Measurable, Achievable, Relevant, Time-based).
  • Measure - Collect and measure the data from your campaign. Is the measurement system effective? Are there any factors affecting the integrity of the data?
  • Analyze - Have you noticed any trends or correlations? Are certain types of social media posts, for example, yielding higher engagement figures than others? Which Google Ads keywords are yielding the highest click-through-rate (CTR)? 
  • Improve - Determine where time and money spent on unnecessary marketing efforts can now be eliminated or minimized.
  • Control - At this point, your marketing team should have a deep understanding of what aspects of your marketing spend are yielding the highest ROI. Control the process by setting guidelines. 
  • Related Article: Why Agile Marketing Is the Antidote to Constant Change

    Bottom Line: Data Rules the Day

    Any big marketing project can potentially be assisted with a solid Lean Six Sigma strategy because it uses data to determine strategy and execution. “I think the key takeaway is that when you have a potentially complex project that is critical to business objectives (whether marketing, sales, operations, etc.), Lean Six Sigma is a great way to apply a project framework that improves processes through tools designed to help with data analysis,” Plamann said. “It also leads you through that analysis in a methodical way.”


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    Financial CSSGB Exam (Certified Six Sigma Black Belt) Detailed Information



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