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17th
January 2007,
Economic Times,
Mumbai |
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17th
November 2006,
Economic Times &
Times Of India,
Pune Edition |
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| SAP
India Rolls Out 'E-suggestion'
Initiative | An article
published in The Financial
Express dated 26 January
2004 |
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Excerpts
from the article
It's an oft-held
refrain by employees-
that HR takes all
the suggestions
given by employees
but subsequently
when and how they
are implemented
is not known. To
change this popular
employee perception,SAp
India Pvt. Ltd.
has rolled out a
practice termed
'e-suggestion at
SAP'.
As per theinitiative,there
is a technological
system that is created
by the organisation.
Every employee from
across functions
can post suggestions
that. relate to
improvement in key
business process
or even enhancing
the existing organisational
capabilities.
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| TQM
: A Success Story In Schools
| An article published in
The Financial Express dated
7 February 2004 |
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Excerpts
from the article
The jargon of management
has entered class
rooms in diverse
schools across India
as teachers grapple
with the intricacies
of TQM or total
quality management.
At the same time,
many corporates
that had waxed eloquent
about TQM have given
up trying and moved
up to the more esoteric
concept of Six Sigma.
But the schools
are paying big moneyto
get TQM into their
blood, and making
a success out of
it in the bargain.
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| Cos
Need To Define Defects Based
On Customer Feedback | An
article published in The
Financial Express dated
10 September 2003 |
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Excerpts
from the article
Product-based
companies have always
been proactive in
deploying Six Sigma.
But implementing
this technique is
becoming equally
crucial for service
businesses so as
to improve business
performance. "Before
reducing the defects,
which is the primary
objective of Six
Sigma, companies
need to first define
them based on customer
feedback. This is
often not the case
with many companies
which implement
this technique,"
says Six Sigma Alchemy
(P) Ltd. Managing
Director NC Narayanan.
In an interview
with Financial Express,
Mr. Narayanan shares
the other business
functions apart
from manufacturing,
where companies
can implement Six
Sigma to leverage
win win results.
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| Article
published in Indian Management
(Journal Of All India Management
Association) In March 2003
Issue |
| Excerpts
from the article
“For
those of you who
think Six Sigma
is some kind of
magic mantra for
business success
, forget it. Six
Sigma works only
for companies that
are willing to work
hard at it. Organisations
like ICICI Bank
, has found success
in key projects
– like the
payments group,
which takes care
of payments to suppliers
and also internal
dole-outs for things
like employee reimbursements,
etc. – but
are still debating
how wide & deep
the Six Sigma initiative
should go.”
“Says NC Narayanan,
managing director
of Six Sigma Alchemy
(P) Ltd., a Mumbai
based consulting
firm: ‘No
other system gives
an integrated approach
to what a company
must do in order
to satisfy the customer.
It focuses on both
top line and bottom
line. The Six Sigma
methodology provides
a complete structured
framework for implementation,
with a cookbook
style step-by-step
approach.”
“
Bombay Dyeing ‘s
implementation of
Six Sigma in its
DMT division has
helped it reduce
its annual losses
of Rs.40 Crore by
Rs.10Crore. This
was done by reducing
methanol consumption
in the manufacture
of DMT. They have
not only brought
down methanol consumption
to international
benchmark levels
, but even exceeded
them, says Narayanan
. He also says “
Many companies think
Six Sigma is some
kind of certification
process –
like ISO 9000. You
spend a few lakhs,
get the certificate
and then it’s
all over . But Six
Sigma is about achieving
breakthrough results
– you don’t
get any paper you
can frame and keep
on your table. It
involves committing
resources to important
projects that are
critical to quality
as defined by customers.”
“ICICI
Bank has also used
Six Sigma successfully
in patches. The
payments group-
which pays suppliers
and also internal
people (for things
like employee reimbursements
,etc.)- improved
its bill processing
time from five days
earlier to just
one day after using
the Six Sigma processes.
And the number of
people and resources
needed to process
the payments has
been cut to half.”
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| REALITY
CHECK | An article published
in BUSINESS STANDARD dated
30 July 2002 |
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Wipro
has shown that Six
Sigma is workable
in India, but what
should Indian companies
look out for? N
C Narayanan, managing
director of Six
Sigma Alchemy (P)
Ltd, a management
consultancy that
provides solutions
to industries and
service organisations,
sets out the challenges.
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| Workshop
on Six Sigma at L&T |
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A
one-day Workshop
on Six Sigma was
organized by HR
& Personnel
of Diversified Business
Division IV at EWAC
INSTITUTE, Powai,
organized a one-day
workshop on Six
Sigma on April 17,
2003. The objective
of the workshop
was to increase
awareness of Six
Sigma-its concept
and applicability-
in marketing and
service fields.
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| Press
clippings from ‘Amar
Ujala’ a Daily newspaper
in Hindi dated 24.1.’03
| Workshop held at Deendayal
Research Institute, Chitrakoot,
for kick off of Self-Reliance
campaign |
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A
workshop was held
to kick off the
Self-reliance campaign
taken up by Deendayal
Research Institute
at Chitrakoot. In
this workshop, General
Secretary of DRI,
Mr. Bharath Pathak
highlighted the
main features of
the workshop. Mr.
NC Narayanan, Dr.K
Murugan along with
other members of
Six Sigma Alchemy
(P) Ltd., Mumbai
delivered the training.
Noted social activist
and Rajya Sabha
member Mr. Nanaji
Deshmukh was also
present and suggested
people to impart
a better culture
to the rural children.
The main point
of discussion in
this workshop was
self-reliance campaign
for 500 villages
in zilla Satna in
Chitrakoot. ‘Education
for all Health for
all’ through
which Deen Dayal
Research Institute
has plans to make
all these villages
self-reliant.
Consultants of
Six Sigma Alchemy
(P) Ltd., felt that
DRI should concentrate
more on the basic
needs of the village.
General Secretary
of DRI, Mr. Bharat
Pathak told people
that the results
of the survey conducted
was almost ready.
The participants
in the workshop
were divided into
four groups. The
team leaders discussed
on various issues
of the villages.
An action plan to
make 80 villages
Self Reliant from
26th January 2003
to 26th January
2004 with respect
to the education,
agriculture and
employment was prepared
during the discussion.
After reviewing
the action plan
for ‘Samaj
Shilpi Dampati’
, Nanaji told the
people to give special
attention to the
education of the
children. He also
added that a child
learns from his
parents, and teacher.
Hence three of them
should should work
in accordance towards
a child’ s
growth.
Nanaji told that
accoding to child
psychology, when
a child attains
5 years, growth
of his brain is
80% completed i.e
five years are adequate
for the child’s
brain to grow. Keeping
this in mind the
parents & teachers
should work toward’s
a child’s
growth before 5
years.
The whole work
shop of four days
, was facilitated
by Mr.NC Narayanan
& Dr.Murugan
of Six Sigma Alchemy
(P) Ltd. , Mumbai.
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| Article
published in the NITIE News,
Vol. 22 Issue No. 1 January
- March, 2003 , a quarterly
newsletter published by
the National Institute of
Industrial Engineering,
Mumbai. |
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Excerpts
from the article
The breakthrough
philosophy of ‘Six
Sigma’, which
is fast emerging
as the ruling currency
for the survival
& growth of
our enterprises
in this era of globalization,
came under scanner
at NITIE, on Saturday
15th of March, 2003.
The students of
PGDIE, the flagship
programme of NITIE,
organized "INSERTECH",
a panel discussion,
which saw some of
the top brains from
industry came together
to delve on ‘Six
Sigma’ as
a concept and its
implementation issues
shattering the myths
surrounding the
magic word. The
distinguished panelists,
who are leaders
in their own right
and have been driving
the quality initiatives
in their respective
organizations, included.
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