General Motors (GM) was the company to beat: innovative, efficient, successful! Its growth and success was perhaps unprecedented.
About five years ago, an article on BNET shares how Six Sigma is driving quality at GM, and is enjoying great benefits and savings. Because of DFSS and Six Sigma, GM had increased vehicle quality while lowering costs and improving its products’ reliability and durability.
Fast forward to 2008, GM is set to sell assets, borrow money, and cut jobs to raise up to $15 billion. The company has been having huge problems for years now, and a silver lining is not in the offing.
It’s sad to hear successful companies going downhill. My question now is can’t Six Sigma save GM? Can’t they do a DMAIC?
Update:
GM Cuts: Time to Panic? Depends Who You Ask
