Whether you support or are against climate change legislation, governments around the world are pushing for more environmentally-friendly operations. Now, governments expect corporations to be proactive about the business processes and attempt to minimalize the impact on their surrounding environments. Organizations that perform manufacturing and production roles can expect to see the greatest impacts from […]
Over the past decade, we have seen corporate empires move from store-front real-estates to online market places. This digital trend allows more consumers to find the products they want faster and easier. With this new corporate trend comes new ways to perform business analytics. One of which, importantly enough, is web analytics. In this article, […]
Six Sigma methodology is perfect for discovering innovative ways of improving your organization’s operations. Likewise, there’s more to the business process improvement methods than just manufacturing and production processes. If you are considering to publicly list your company or want to find ways to improve your market value, Six Sigma can help. Combining with business […]
You’ve heard recent headlines in the news about certain airlines overbooking and treating their customers harshly when a customer wouldn’t give up their seat when asked. This is the antithesis of Six Sigma core values, and it is no wonder that the airline industry has suffered many blows. One company that has held the number […]
Waste reduction is a meaningful KPI that all corporations and organizations should look into. Likewise, reducing waste is also a critical competent to the Six Sigma methodology. Going hand in hand with decreasing production defects, reducing your overall waste results from due diligence and innovative thinking. However, as more organizations adopt Six Sigma practices, there […]
One of the core philosophies behind Six Sigma is waste reduction. This idea results from improving your organization’s efficiency and deterring production and manufacturing errors. However, simply saying that you wish to reduce waste can be a rather broad term. To help with this, we will introduce you to a simple KPI that measures your […]
No matter what industry you work in, at some point, gaining Six Sigma certification will be highly beneficial to your career. Although it’s mostly common for professionals in manufacturing and production to enroll in training, countless other industries are now expecting their employees to have a basic understanding of Six Sigma. So, when is it […]
As a young professional, you may be considering enrolling in a Six Sigma training program. Like most, you may be wondering what you can gain from the different certifications and courses. Regardless of your current certification or education level, achieving a Six Sigma certificate is an excellent way to fast track your career. However, it […]
It’s the middle of the summer and you’re probably strategizing what’s next for your career come the end of August. Whether you are a recent college graduate, or just looking for new career opportunities, enrolling in a Six Sigma training program is a great way to gain valuable skills that will set you apart from […]
The Pareto chart is a great Six Sigma tool based on the Pareto principle named after Vilfredo Pareto, an Italian economist. The Pareto principle can be used to divide just about everything up into an 80/20 ratio. An example of the 80/20 principle is exemplified in what Vilfredo Pareto observed himself back in 1906 — […]
Whether you have just begun your Six Sigma journey or have experience with the methodologies, chances are achieving Black Belt certification has crossed your mind. And, rightfully so! Six Sigma Black Belt certification, for many, is one of the highest achievements accomplishable. For most employers, Black Belts are the superior professional, possessing skills to manage […]
In a matter of 40 years, Starbucks has gone from a stand-alone shop in Seattle to the largest coffeehouse chain in the world. No matter where you live, chances are you can find a nearby location, full with coffee enthusiasts and aficionados, alike. When entering a Starbucks, customers experience a sophisticated atmosphere. The combination of […]
Ebay, one of the most successful e-commerce companies worldwide, is a different type of company from traditional retailers, simply because it relies on a lot of small companies and sellers using their platform. Those sellers are eBay’s customers, or members that bring eBay revenue. This business model is now seen among many e-commerce companies in […]
Improving processes with Lean Six Sigma is no easy task; it takes hard work and smart thinking. When implementing Lean Six Sigma, always remember that teamwork is key to solving problems. This is true in all industries, from call centers to software development to manufacturing. It is especially true of the latter. But how do […]
What is value driver analytics? It is, in basic terms, an assessment and investigation of the usefulness of your business’s value drivers. Ask yourself, where is your business headed? Most businesses tend to know where they’re going and what they want to achieve. However, it can often be difficult to strategize to best your utilize […]
It’s one thing to say Six Sigma is in need of a governing body, but it’s another to say how it would function in practice. All we can do at this stage is speculate on what would make an ideal governing body. We should first ask what we want from one. What should it do […]
There’s more to Mark Cuban than just owning the Mavericks. Mark Cuban is many things. Businessman, TV personality, author, investor, philanthropist, to name a few. Most people know him from the popular ABC show Shark Tank in which he is one of the ‘shark’ investors. Fact, Cuban has invested close to $20 million throughout his […]
The 4th of July brings celebration of our country’s freedom and independence, which reminds us of our armed forces and military who protect and serve our country. So how does Lean Six Sigma play a role in all of this? Well, Six Sigma in a matter of speaking, protects the processes of our nation’s military. […]
Since the deregulation of airlines in the United States in the 1970’s, we have witnessed countless mergers, take-overs, and joint ventures form. From TWA and American Airlines to United and Continental, airlines seem to continuously fold into one another. However, one airline continues to be a true inspiration of endurance and stability. Across the pond, […]
Of course, most professionals are familiar with Return on Investment. Yet, another more insightful key performance indicator is your Return on Innovation Investment (ROII). Most companies and organizations invest a percentage each year into innovations. However, what is your return on these investments? In this article, we will analyze ROII, what it is, and why […]
