Six Sigma business plans discuss the impact of the famous business management strategy developed in the 1980s by Motorola and now used throughout the telecommunications industry and other business segments all across the world. This business strategy seeks to mitigate errors and eliminate inefficiencies from production process or supply and management chains. Criticized in some circles as overly stringent or too highly subjective, the Six Sigma approach has its advocates in every corner of the global industrial marketplace and it has been credited with enormous expense reductions and jumps in corporate output potential. For the business plan, a Six Sigma approach -- much like any other management ethos -- is just one component of the document. Your plan should also answer these important related questions:
• How will this management style impact your bottom line?
• What competing methodologies might be considered?
• What competitors to your business operate on Six Sigma principles?
• Who in your organization is responsible for disseminating this approach?
• What challenges are there to its implementation?
Your business plan still needs to cover all the basics about your business and its core objectives, the market for your product or service, and the implementation methods you intend to use to get the company going strong. What advertising channels make the most sense for you? What are the target markets for what you offer and how do you get them to be loyal customers? You also need to show a pro forma financial model that has your projected revenues weighed against the expenses you will face over a period of 3-5 years. Feel free to segment out or underscore the cost savings directly attributable to Six Sigma. Need help here? MasterPlans can write the entire document for you. Call our team of experts today at 877-453-2011!
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