No academic level is complete without its academic projects; the most common ones being assignments. Assignments are one such piece of academic papers that are of perfect length to discuss any topic in-depth without going into too much detail. However; extreme precisions and strategic approaches have to be taken to meet the set objectives of the assignment.
If you think you won’t be able to do full justice to the assignment then it is better to get a professional assignment writing service but don’t spoil your chance of attaining good scores. One of the most important sections of an assignment project is methodology which validates the objective and findings. The following post sheds light on methodology and the seven sigmas of data-driven methodology that can prove to be helpful for business students as it is all about cost-effective business approaches.
Methodology And Its Place In An Assignment:
Whether you are taking a business assignment writing service or psychology assignment paper assistance; one thing is for certain and it is the division of sections in an assignment. Each assignment is divided into six main sections or you might even call them chapters. These include:
- Introduction
- Literature review
- Methodology
- Findings
- Discussions
- Conclusion
Each of these sections has its individual purpose in an assignment. These sections are aligned in a way to meet their individual purpose plus the overall objective of the paper as well. The logical flow of sections keeps the reader hooked and readily understands the concept.
The methodology is one of the most important sections of any assignment project that could best be described as the systematic approach to the conduct of research or analysis. It presents the steps, techniques, and procedures that will be used in gathering, analysing, and interpreting data. In an assignment, the methodology is like a road map for the reader, walking through the research process and ensuring the credibility and validity of the findings.
Seven Sigma Methodology For Cost-Effective Business Approach
Business students are often required to implement the Seven Sigma methodology into their assignments that blend theory with practice. Basically; the Seven Stigma methodology offers a dual strategy towards systematically reducing waste and increasing value (Thomas et al., 2016,). It is a very strict quality management system that focuses on removing defects and improving processes using data-driven methodologies.
It is a step-by-step procedure based on the causes of problems, which in simple terms means that the root cause or issue is found and then fixed accordingly.
- Define: This stage includes defining the project’s goals, scope, and deliverables. It’s important to think about what the customer needs.
- Measure: Data is collected and analyzed at this step of the improvement phase to understand the current process and identify defects or variations. All data from this step is used to establish a baseline for improvement.
- Analyze: Data gathered is analyzed such that one will be able to pinpoint what causes the defects or problems within a particular process. Statistical tools and techniques are applied in order to point out which aspects may be improved.
- Improvement: From the analysis, solutions are applied to eliminate root causes and to improve the process. This includes changes in procedures, equipment, or training.
- Control: After improvement has been made, the new process is controlled to remain efficient. It includes continuing measurement and analysis of those that evolve into problems.
- Near To Flawless: This is the quality level where the process is nearly flawless; its defect rate is 3.4 defects per million opportunities.
- Perfection: This is a synonym for the highest quality because of its defect rate, at 0.18 defects per million opportunities; the process is virtually error-free.
Benefits of Seven Sigma
The Six Sigma approach is highly appreciated across businesses. This is why, it is equally important for business students to learn about this approach as well. The most significant advantage of Seven Sigma quality is Zero Fault Rate and several others, like:
- Quality Improvement: Error and defect reduction means that products or services tend to be of higher quality.
- Increased Customer Satisfaction: Satisfied customers will come back to the organization and even refer others.
- Removal of waste: Seven Sigma saves money by the reduction of waste and inefficiency.
- Reduced Time: Uncluttered processes with enhanced efficiency can lead to higher output or productivity.
- Competitive Advantage: Organizations that attain Seven Sigma successfully gain a competitive advantage in their marketplace.
The businesses or organisations that follow the Seven Sigma methodology guarantee an improvement in quality, customer satisfaction, and overall operation or performance of the business.
Implementation Of Seven Sigma in Business Assignment Methodology
Different data collection methods are widely used in research (theresearchguardian, 2024,). Although whole-scale implementations of Seven Sigma might be beyond the scope of the typical business assignment, all its principles can be applied to add a value element to the research and analysis process. This can be done by:
- Define the Problem or Research Question: Identify the specific issue or question under investigation.
- Gathering Data: Collect relevant data from both primary and secondary sources. Make sure that the data is valid, reliable, and representative of the problem.
- Data Analysis: Utilise statistical tools such as descriptive statistics and hypothesis testing to see if there are patterns, trends, or relationships in the data.
- Find Root Causes: Zoom in on the root causes when you find any problems or inefficiencies.
- Develop Solutions: Based on your analysis and understanding of the causes, you should be developing solutions.
- Implement and Measure: If your assignment permits, implement your solutions and measure them.
- Continue Improving: Review the results of your research and then continue working on improving the errors.
Conclusion:
Methodology in business assignment writing and seven-signa methodology in business are not that unrelatable if you look into it. Business students must be taught about this Seven Sigma methodology so; to help them reduce errors in their practical lives. The Seven Sigma methodology approach can be adopted while writing your business assignments where you can detect root causes after looking into the collected data and then coming up with the best possible solutions accordingly. This will help in the attainment of error-free results just like in the practical world.
References
theresearchguardian. (2024, July 4th). Qualitative Observation In Research And 5 Types Of Qualitative Research. https://www.theresearchguardian.com/qualitative-observation-in-research-and-5-types-of-qualitative-research/.
Thomas, A.J., Francis, M., Fisher, R., & Byard, P. (2016, March 22nd). Implementing Lean Six Sigma to overcome the production challenges in an aerospace company. Production Planning & Control, (7-8).