Six Sigma on Wall Street

Posted by: meikah | 16 March 2009 | 9:56 pm

The Wall Street is not in the best situation right now. Can Six Sigma help it back on its feet? asks can Wall Street benefit from Six Sigma?

Wall Street is not unique in their need to manage process-related inefficiencies and defects. Nor are they unique in needing to control process outputs in order to reduce costs, improve customer service, and streamline the organization. These are the tasks for which Six Sigma is designed. But, in order for the methodology to “work,” it must be deployed in the right way with the right resources with 100% commitment from senior management. If Wall Street were to truly give the methodology a chance, they might be surprised by the benefits they would enjoy.

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Filed under: Finance, Six Sigma, The Wall Street

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