Each day, new companies, organizations, and individuals join the online community of social media. Over the past decade, social media has completely revamped how we conduct business and gain traction. In the past, you would advertise on billboards and in magazines at high costs. Now, you can advertise your organization at nearly no cost and […]
We are running a series of sorts on different companies that have implemented Six Sigma into their company culture, and in turn have achieved monumental success. Today we will talk about The Vanguard Group. They are an investment management company based out of Malvern, Pennsylvania, and they have over $4 trillion dollars in assets under […]
Who doesn’t love Netflix? The ability to watch countless hours of TV shows and movies has single handily revamped the entertainment industry. Where becoming a blockbuster at the movie theater used to the goal, it’s now scoring a production contract with Netflix. While the entertainment company has become a huge success over the past decade, […]
For many Six Sigma professionals, the ultimate goal is to become a Master Black Belt (MBB). This certification is the top-ranking Belt one can achieve while following the methodology. However, you do not simply become a MBB overnight. Most professionals spend years in a technical role before engaging in the appropriate training. Likewise, the correct […]
Whether you’re an experienced Six Sigma professional or just beginning your training courses, chances are that you’ve run across fake practitioners. Typically, they will try to lure you into their programs, offering enhanced training at unbeatable prices. However, more often than not, these promises are nothing but false hope. Fake practitioners are on the rise […]
Who doesn’t love getting more data? More data provides more insight to the nuts and bolts of your day to day operations. How your organization runs, what areas are most efficient, how you can improve processes is all seen through data. However, not all data is as easily accessible as others. For example, understanding your […]
When you hear the word Kaizen, what comes to mind? A Lean Six Sigma manufacturing tool, or perhaps an event, as in a Kaizen event (or the Japanese word for improvement)? Truth be told, all of the preceding should come to mind. Kaizen basically is about having continuous improvement; small tiny increments of change done […]
Doing business is all about taking risks. Whether you’re deciding to become a full-time entrepreneur, open a new office, or invest in a company, you’re taking risks. However, not all risks are necessarily “risky”. Let’s explain. While you may be taking a risk by venturing into a new investment scheme, chances are you will analyze […]
When operating a business, there are a few key metrics you must keep a close eye on. While knowing how expensive your business is to operate is a priority, customer retention is equally important. Customers are the backbone of your business’ success. Whether you sell a product, offer a service, or perform research and development, […]
Running a business can be expensive. No matter what industry you’re in, what services you offer, or products you make, there’s an ever-changing cost for doing business. Typically, how expensive it is to operate your business determines how profitable you are. Likewise, your operating expenses determine your return on investments, growth aspirations, and revenue. While […]
Since its inception in the late 1980’s, Six Sigma has become increasingly popular throughout hundreds of industries. Across the world, professionals are finding new ways to use the process improvement methodology to their benefit. However, with this growing demand for Six Sigma, the business method faces a series of potential setbacks. On top of the […]
Isn’t it amazing how Amazon has embraced Six Sigma, Lean Six Sigma and has made Kaizen a way of life? Financially, Amazon has been doing extremely well — Amazon has been in the black for the last four quarters! Jeff Bezos has been continuously putting the profits back into Amazon for continuously improving every aspect […]
Climate change is an unavoidable factor for many people, organizations, and corporations. Around the world, different areas are experiencing the effects first hand of climate change. Whether it’s rising sea levels along ocean front cities or rapid weather changes in arid climates, scientists are having to work alongside engineers and developers to protect our societies. […]
If there’s one thing Six Sigma methodologies need more than anything, it’s data. Data drives the decisions we make, how we interpret our operations, and what areas within an organization need improvement. However, not all data is created equally. More importantly, deciphering between data sets and points can be extremely cumbersome. To combat this, there […]
What is an Affinity Diagram? An affinity diagram gathers large amounts of data and organizes it into meaningful groups, relationships, and patterns. Although grouping data together in respectable groups is common throughout business analysis, affinity diagrams became officially known in the 1960s. Since then, organizations, project teams, and corporations have used these diagrams for a […]
The 5S tool of Six Sigma is genius at removing waste and simplifying any process. This infographic on 5S brilliantly explains how waste affects the workspace. Waste can affect motivation, health, finances, and most importantly, your time. When you remove items that you do not need, this opens up space to make your job easier. […]
No one enjoys change. While changes may be necessary, or unavoidable, they can be difficult for employees to accept. These changes may be as simple as reorganizing your office layout, or as complex as revamping a customary production process. Nonetheless, if your workforce avoids change, your organization as a whole is in jeopardy. Six Sigma […]
When you think ‘Six Sigma’, the first thing that usually comes to mind is ‘improvement’. And, rightfully so. Six Sigma methodology focuses on deterring errors in a process by increasing efficiency and striving for constant improvement. However, Six Sigma is closely related to what is known as Organizational Effectiveness. This term refers to the overall […]
Summer is in full swing now! With not a cloud in the sky and the beaches full of people, there’s no better time to enjoy the sun, sand, and surf. But, what happens back at your home or at your office while you’re lounging on the beach? Who is managing your projects and ensuring an […]
What Is DMAIC? When studying Six Sigma at any certification level, the most important method you will learn is DMAIC. This acronym stands for Define, Measure, Analyze, Improve, and Control. Furthermore, it helps solve problems where the solution is not always clear. Many time when using Six Sigma, your goal is to improve a business […]
