FEATURES OF THE CONCEPT OF SIX SIGMA IN THE MANAGEMENT OF FINANCIAL AND ECONOMIC RESULTS OF THE COMPANY

The concept of improving business processes Six Sigma as a model of management of financial and economic results is presented. Features of Six Sigma implementation in performance management are analyzed. The basic stages of management of financial and economic results accordance with Six Sigma are defined. The article examines the development and improvement of the management system of financial and economic results of the company in accordance with the corporate management Six Sigma, and presents the stage management of financial and economic outcomes methodology DMAIC (define, measure, analyze, improve, control), which will meet the following requirements: development, performance management, system of optimization and management, as well as complementary and integral processes of corporate management. Stage 1 (Measure and Analyze): measurement of the current process and performance management, collecting information for further comparisons. Analysis of both the financial and economic results, and reason elements effecting mechanism of their formation, distribution and use, is provided. Stage 2 (Define): setting goals to improve the system of management that meets the needs of consumers and business strategy. Stage 3 (Improve): improving the existing management, involving deficiencies identified in the stages of formation, distribution and use of financial and economic performance, and optimizing the entire process of management prospects. Stage 4 (Control): monitoring the implementation of new decisions in order to optimize the management of financial and economic results. In addition, this phase involves testing of advanced control systems. Determining the level of defect management of financial and economic results of the company in accordance with the concept of Six Sigma is a fundamentally new method for assessing the efficiency of financial and economic results, which in this context is first applied and aimed at improving the process, increasing its objectivity, and increasing the information framework for management. The specified level of defects can be defined as a general summary measure for assessing the efficiency of management and their components, indicators within their structure make it possible to determine the level of each individual defect management indicator. The concept of Six Sigma is an important element of the management of financial and economic results of enterprises, aimed at improvement of the business process, viewed as a statistical indicator of the goal quality in the field of optimization, as well as a system, aimed at achieving sustainable leadership and forming the efficient corporate culture. Thus, the Six Sigma methodology opens up entirely new possibilities for optimization, as for example, in management of financial and economic results, and in the general corporate management.