Six Sigma and competitive advantage

Six Sigma and Competitive Advantage

It is claimed that the Six Sigma programme brings competitive advantages to companies that implement it. This paper studies the validity of this claim by positioning Six Sigma in the paradigms provided by the literature on competitive strategy. The main functionality of Six Sigma projects is to improve operational effectiveness and efficiency. A continual improvement of operational effectivenes...

Design for six sigma: a breakthrough business improvement strategy for achieving competitive advantage

The six sigma methodology aims to reduce the number of mistakes/defects in a manufacturing process and hence the manufacturing costs. Six sigma is the ultimate measure of quality. As firms improve their processes, and move towards the elusive six sigma, they often need to re-design the products, process and services to ’’designout’’ defects and design-in quality. Describes the underlying statis...

Comparative Advantage and Competitive Advantage:

There is a considerable amount of controversy about the model(s) of comparative advantage and its applicability to international business, in particular as a guide to the success of nations and/or firms in international markets. This perception (or understanding) of inapplicability of the model(s) of comparative advantage has lead international business experts to develop new models, or what ma...

Brokers and Competitive Advantage

Strategy and Competitive Advantage

Winning business strategies are grounded in sustainable competitive advantage. A company has competitive advantage whenever it has an edge over rivals in securing customers and defending against competitive forces. There are many sources of competitive advantage: making the highest-quality product, providing superior customer service, achieving lower costs than rivals, having a more convenient ...