MBA And Lean Six Sigma
Akshay Khatri recently completed his MBA and simultaneously obtained his black belt in Lean Six Sigma. Although most of the Six Sigma processes and tools were significantly covered in his MBA course, he says they were covered in modular phases and were separated by stream, for example, strategic tools were covered in market research and marketing. However, the integration of all the tools and techniques into a unified methodology was absent. The advantage of studying Six Sigma apart from one’s coursework, is that one learns how to integrate all the tools across various scenarios and processes in several departments, be it marketing, finance, strategy, operation or human resources. Six Sigma tools can be used very efficiently in the finance department to reduce the amount of error and rework. He says, Six Sigma teaches one how to present one’s findings and how to effectively convey them, taking into account the organizational structure. It also teaches how to garner support from the senior management for a project. All these nuances are covered only to a minor extent in an MBA degree. He personally feels that the Six Sigma course tremendously adds value and gears up people with lesser experience for a bigger role in management.