"When death cometh calling, it cometh not empty handed, it also brought the pink slip." I think this is the remark of a person who did not even care to read the signals regarding his impending layoff. Even though I am not suggesting that he doesn't deserve to continue in his job for some reason, we can't forget the body blow that job loss delive

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

Why Lean Six Sigma Staying competitive is sometimes the reason for preventing a long-term solution for elimination of the root cause for excess and obsolete inventory. Another reason may be the inability to unravel complex factors involved. Lean Six Sigma methods have been shown to be very effective in finding and eliminating root causes, and t

How do we begin to get a handle on change initiatives that were started last year....the majority of which either didn't get off the ground, lost steam somewhere along the way or just didn't produce any real results? How do we figure out which ones are key to our business? And how can we ensure that these initiatives actually produce results? Y

Its amazing that when business seek to change or worse if things start to slide in any economy, rising or declining, managers start looking for the silver bullet. The solution to end all solutions. It tells the shareholders they are in charge and doing something. Perhaps not much, but, by golly, something is going to happen. Is there any attempt

"Six Sigma has galvanized our company with an intensity the likes of which I have never seen in my 40 years at GE." Jack Welch admitted this in the year 2000 annual report of GE. As one goes by various comments, it becomes clearer that Six Sigma is not just a fad created by top management but an effective tool to fix gaps in performance which play

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

YOU - are where your particular buck stops. You are the 'accountable one' and therefore you have to have a great team supporting you. Wait though, there's more. You also need new, capable people ready to take your key people's places when fate or something else works against you. That's why succession planning is here to help you and a key to

The foundation for success of Six Sigma is laid by synchronizing Six Sigma into the way business is carried out. There is no dispute about the need for synchronizing the methodology with the business if it has to succeed in transforming the enterprise. Why Synchronize Six Sigma Into Your Business? What leadership must keep in mind when decidi

If you think ahead and plan, many nightmare, panic and chaos situations can be overcome. By ensuring that you have a great group of people around you, there will be more to fall back on when the going gets tough - because that, as they say, when the tough really do get going. Big challenges can be very difficult to face - and they can be fascina

Although becoming a CPA is not a cakewalk, it pays to know what it really takes to become a CPA. College Education and Training in the Formative Years The way to the big job always takes years of preparation. A bachelor's degree from your university or college in accounting or any related line of expertise is the first step. Using the job dem

Open Systems At the worst of times companies can look and act like badly functioning families: dictatorial, patriarchal, rigid and uncooperative. The staff are de-motivated, communication is poor, growth is slowed and team-spirit is non-existent. Like the Patriarch in a family who says, "Something needs to be done around here", someone in the

An analysis of your business reveals your company has the standard accounting package that similar industries use. You have several pieces of independent software that tie in inventory and manage your procurement process. Excel spreadsheets are e-mailed around the office and even sent to vendors and customers. As an added bonus you recently impleme

Implementing new work techniques, strategies, or management systems in business organizations is often a daunting task for managers, as employees usually resist change. This is a fact acknowledged by several modern management theories. As such, any business organization that is planning to deploy Six Sigma needs to concentrate on building an effect