Initially designed as a set of practices to improve manufacturing processes and eliminate defects, Six Sigma focuses on consistency, quality, and constant improvement, the very same goals that internal auditors promote during their audits and consulting projects. A data driven, quality improvement initiative, Six Sigma provides internal auditors with an invaluable tool to improve processes and implement and measure the effectiveness of internal controls.
Throughout this three-day course you will learn what Six Sigma is all about and find out how to leverage its principles for better internal controls. You will identify critical operational issues and discover how to develop better recommendations that will lead to higher operational efficiency and effectiveness. You will go through the phases of Six Sigma and cover project scope and goals, uncovering the root cause of defects, and applying metrics to determine the effectiveness of performance levels. You will see for yourself how Six Sigma can enhance your ERM and GRC processes, while reducing costs and wasted time. Throughout this practical seminar, you will use a variety of tools to apply Six Sigma concepts, and you will return to your office with Six Sigma skills that will position you to add immediate value to your organization.
Prerequisite: Fundamentals of Internal Auditing or equivalent experience.
Advance Preparation: None Learning Level: Advanced
Delivery Method: Group-Live Field: Auditing