A common Six Sigma structure include Green Belts, Black Belts, Master Black Belts, and Champions. In normal circumstances this structure is enough. After several successful Six Sigma projects however some organizations found themselves faced with accounting issues. These organizations decided to add another role in the structure–the Money Belt.
The role of the Money Belt is to evaluate the financial benefits projections and the actual results achieved by Six Sigma projects. The individuals in this role are often financial analysts or accountants. Money Belt helps maintain truthful accounting results. Other important aspects of the Money Belt role include:
Providing feedback and learning to the project selection process
Evaluating how incentives impact the Six Sigma program
Ensuring that credit is given where credit is due
Read more Green Belt, Black Belt, Now the Six Sigma ?Money Belt
