The recently concluded 2nd Sakaal Six Sigma Excellence Awards 2006 had a unique setup, from which we can learn a lesson or two.
The sponsoring group, Symbiosis Center for Management and Human Resource Development (SCMHRD), the number 1 B-school in India, took a bold stand in not declaring winners in every category. This is because SCMHRD believes in awarding efforts towards achieving excellence.
The three speakers of the event had this to say.
Mr. Robinson, the Chief Guest, ascribed the phenomenal turnaround of Timken India Limited since 1995, to the institutionalizing of Lean Six Sigma initiatives in the organization. He believes that providing a means to measure the financial impact of change initiatives is the single most important contribution that Six Sigma can impart to businesses.
Dr. S.B. Majumdar and Ms. Vidya Yervadekar reiterated about the importance of the academia in inculcating a spirit of innovation and continual improvement.
Lessons learned:
Any other lesson you might want to add to the list?
*Photo credit: MorgueFile.com