How do you Deal With Change? There is a lot of talk about "change" - how important it is, how we should alter the way we do to things at work and in our personal lives in order to be more effective. Sometimes we even hear how it is essential to change even if just for change's sake. At Impact Factory, we too think that change is important. Ho

From the largest business to the smallest business, there is almost always a need to hire some employees to assist in ensuring the business runs as smoothly as possible. This means making some good and informed hiring decisions. However, how is someone supposed to ensure they make the best decision possible? This is not always an easy process, b

Business process is the skeleton of a certain business activity. It involves the description of different tasks and possible outcomes that are associated with a specific business activity. It is essential in crafting the business goals of a certain corporate organization, which is clearly defined in the organization's business strategy. Busines

Things go wrong. There are those 'off' days, when whatever we touch seems to just not be right or work right. There is a simple test to this, which I call 'The Inanimate Object Rule'. This rule states that if you have a problem with anything that is not living (i.e. inanimate), then it's time to take notice. That said, if you are having probl

The Job scenario has never been better than in the recent past. Especially after the lull that followed leaner years, this year is turning out to be really a wish come true for job seekers. With the manufacturing and software engineering industries doing so well, these growth vehicles are back in the news for all the right reasons. But wait a minut

We often look to cause and effect for the answer to the question 'why?' This experience is one that I've thought on for a number of years and can't quite seem to resolve and by the way, it's true. An old friend was raised in a conservative, fundamentalist family. As a rebellion to his upbringing, he studied philosophy and psychology and eventu

You already know that your business plan is going to be one of the most important things that you have as you start your home business. But now that you know that, how do you make sure your plan is out there on the top? How can you be sure that your business plan is going to come out on top and therefore help your business do the same? Well, th

The day to day running of any business can be stressful and time consuming. This is made even more difficult when a company isn't functioning properly and encounters problems. Perhaps sales are low, advertising isn't working or staff morale is down. These are all things that can affect companies in negative ways and should be resolved as soon as po

This is one big question everyone across business communities wants to know the answer to. Those who are struggling to reverse their southward-heading revenue trend all burn the midnight oil in pursuit of reversing the sagging trend of their business revenues. Unfortunately, there is not one magic formula. It takes a fully concerted and sustained e

Selecting a quality improvement project is pretty similar to selecting any other project in Six Sigma. But identifying the improvement area within your department or within the business will not automatically lead to having the project selected. Not even filling out a few forms or forming the core team nor naming a team leader will mean that you ha

Lean 6 Sigma helps because it allows companies to reduce operational costs by identifying and eliminating steps or procedures that add little or no value to a business process. Companies can easily improve quality and efficiency just by combining the basic concepts of 6 Sigma with the principles of Lean 6 Sigma. Understanding Lean Six Sigma

Six Sigma methodology is not a self-sustaining management tool perhaps unlike other technologies. It can only deliver the results subject to multiple variables and inputs such as deployment intensity and culture. Nonetheless, the results take around 4-6 months to show, depending on the projects selected and adherence to the tenets of the methodolo

As a small business owner, you will eventually sense the need for Six Sigma implementation in your business. Typically, yours is a 3-5 year old company on the threshold of expanding your operations to meet the growing customer expectations but is cornered to optimize your resources on generating more sales than anything else. Small companies in the

The primary reason that corporations introduce Six Sigma into data warehousing boils down to cost reduction. Large corporations are incurring huge expenditures, most of the times running into millions of dollars, which eats into stakeholders' margin, in creating and maintaining data warehouses. The criticality of data warehouses can be understood b

The foundation of Six Sigma is customer satisfaction and cost reduction by using various metrics and statistical tools. This is a customer-focused approach equipped with strategies and discipline at all levels of administration, planning and production. Six Sigma is aimed at achieving only 3.4 defects per million opportunities. Voice of the Cust