Black Belt Return on Investment Research Report

Black Belt Return on Investment Research Report

How much can Black Belts save your company per project?

$24.95

Product Description

The iSixSigma Magazine benchmarking study of Black Belt return on investment
(ROI) found a wide range of results – some expected and some not. At any stage
of deployment, companies reap significant financial benefits from Six Sigma Black
Belt projects and generally have the commitment of senior management. The most
significant financial benefits are enjoyed by the companies that audit their project
results. And while the vast majority of organizations do set annual Six Sigma
goals, over half of all Black Belts surveyed do not have any compensation tied to
achieving those goals. Take a look and see how your organization compares.

$187,500: Median value of “hard” financial savings per Six Sigma Black Belt project
$107,500: Median value of “soft” financial savings per Six Sigma Black Belt project
12: Median number of months for which Black Belt project benefits are counted
32.7: Percent of Black Belts who indicate senior management is highly committed
to their Six Sigma program
48: Percent of Business Leaders who believe their Six Sigma financial benefits
to be highly credible
20, 60, 20: Percent of Business Leaders who assess their Six Sigma program as very
successful, somewhat successful and somewhat unsuccessful, respectively
65.4: Percent of respondents whose company audits Six Sigma project financial benefits
47.5: Percent of Black Belts who never experience pressure to inflate project results
53.8: Percent of Black Belts who have none of their compensation tied to attaining
Six Sigma financial benefits
< 0.5: Percent most often chosen to represent the number of Black Belts as compared to full-time employees
17.7: Percent of organizations that have been using Six Sigma
for less than one year
2.1: Percent of organizations that have been using Six Sigma
for more than 10 years

Additional Information

Format

PDF

Pages

7

Publishing Date

January 2005

Publisher

iSixSigma Magazine

Author(s)

iSixSigma Staff

File Size (MB)

0.139

Minimum Software & Version

Adobe Acrobat Reader

License

Personal use only

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