Corporate Leadership Profile
Rx for SuccessBy Elaine Schmidt
Merck & Co. Inc., the third largest U.S. drugmaker, is applying Six Sigma tools across the business as part of a restructuring plan to revitalize drug development and accelerate the process of going from test tube to pharmacy. The company shaved nine months off bringing its first-in-class HIV drug Isentress to market – one example of how cycle time and organizational improvements are impacting Merck's pipeline and its bottom line.
Best Practices in CertificationBy Sue ReynardSix Sigma leaders from Motorola, DuPont and Microsoft offer a look into certification at their companies.
Orientation Program Eases Black Belt TransitionBy Donna Forrest and Tom Tracy After identifying that new Black Belts were frustrated in their roles, Virtua Health developed an orientation program to facilitate the transition.
Six Sigma CertificationBy Michael Marx
An iSixSigma survey shows that certification is the norm for Six Sigma practitioners; 77 percent of respondents are Green Belt, Black Belt or Master Black Belt certified. But how someone is certified and what certification means are just some of the areas where there is – dare we say it – variation. Some interesting findings from the survey:
- 63 percent of respondents reported that their company has its own Six Sigma certification program.
- The minimum financial benefit, on average, required per project for Black Belt certification is $181,563.
- 12 percent of respondents reported that Black Belts at their company receive a monetary reward of $1,000 or more for achieving certification.
"Final Tollgate" Project Example
Cost Analysis Requirements DocumentBy Leon Smith and Randy Wilson
The cost analysis requirements document (CARD) is used by the Army and the Department of Defense to determine the cost for new systems and equipment, or the cost of upgrades to existing programs. If the CARD does not arrive when expected, it can delay the review for large Army purchases. To address this concern, the Army launched a project to reduce the cycle time of the CARD development process by 30 percent.
- More Features
- Let the Buyer Be Aware
- Right Brain vs. Wrong Brain
- The Statistics Behind the 2-Sample t-Test
- Manage Project Information with a RACI Diagram
- Also In This Issue
- Best Black Belt
- Six Sigma Basics
- Tool Spotlight
- Shop Talk
- The Cox-Box Cartoon
- Open Mike
- Blog Blurbs
- Six Sigma News Scan
- Product / Service Guide