NEW YORK, N.Y. — The Global Six Sigma Awards, organized by WCBF, revealed Tim Solso, chairman and CEO of Cummins has been named the winner of its prestigious Six Sigma CEO of the Year Award.
Solso will be presented with the award at The Global Six Sigma Awards and Summit Gala Dinner on Oct. 24 in Las Vegas, where he will address the audience on the business transformation at Cummins achieved through Six Sigma methodologies. The Awards program will take place at the Global Six Sigma Summit.
Six Sigma is one of the best things we have ever done. Last year we saved $340 million and completed 2,200 projects. Since the inception of the program in September 1999, weve saved or avoided spending a total of $1.4 billion, completed 7,500 projects and trained 6,000 belts with almost a million hours of training, Solso reported at the May 2007 Cummins Annual Meeting.
2006 was the best year in Cummins history, with record revenues of $11.4 billion, record profits and record cash flow.
The Global Six Sigma Awards program was established in 2006 to identify outstanding organizational success achieved through the application of Six Sigma methodologies. The Six Sigma CEO of the Year Award is the premium of 13 categories within The Global Six Sigma Awards program. The 2007 program has received entries from organizations based in India, South Africa, Turkey, the U.K. and the U.S.
Cummins success at incorporating Six Sigma into its culture and every aspect of its business is the result of an unyielding commitment to the program by Tim Solso and the leadership team.
Solso, who has been with Cummins since 1971, was one of the first belt trainees. He set the goals in 1999 to reduce costs, increase customer satisfaction, develop future leadership talent, support superior financial results and drive a change in the company culture.
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