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
[…] Coca-Cola to Recruit New Customers to Keep Afloat 17 Jul 2008 There’s a global economic crisis. Too bad, I didn’t pursue economics in college so I could understand what’s going on. All I know is that many companies are cutting on costs and labor to survive. GM is one, and now Coca-Cola. […]