Articles, white papers, interviews & case studies on business improvement & operational excellence: Six Sigma, Lean, Toyota Production System, continuous improvement, Kaizen & more.
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Using risk assessments to optimise and improve decision making
Using the correct tools to analyse risk is vital within the oil and gas exploration. With a large amount of risk and uncertainty, how can the risk be quantified in order for leaders to make more informed, lucrative decisions?
Oil&Gas exploration deals with many unknowns, with high risk and uncertainty an inherent part. The management of risk in oil and gas exploration has always been a difficult subject, and it is even more important in these days of high capital investment.
Posted: 13 Mar 2009
Tags: Article Asset Management Foundations Marketing Monte Carlo Analysis Operations Risk Management Sales
Successful Project Management from a management perspective
Properly organising and managing a project, be it a big improvement project or a small internal audit, is a required skill for business improvement and operational excellence.Depending upon the nature of the work and the industry one is in, the size and magnitude, the intensity and rigor required of the method of project management may differ. At its simplest, it may just be the simple identification and definition of the various activities and tasks with assigned roles and responsibilities together with clear timelines and key delivery milestones.
Posted: 10 Mar 2009
Tags: Banking Six Sigma Article Dashboard Foundations Human Resources Lean Media Operations United Kingdom
Lean and ERP - can they co-exist?
Enterprise Resource Planning is the generic name given to a computer system that supports business operations by linking functions. It can make flow through the organisation more transaparent, but can it co-exist with a Lean programme?
Posted: 22 Sep 2008
Tags: Six Sigma Administration Article Education Enterprise Resource Planning Finance Foundations Human Resources Kanban Lean Marketing Operations Process Map Sales Supplier Partnerships
Getting to the core - applying Lean in the food industry
Tesco have been applying Lean thinking to their supply chain since 1996, and in doing so have brought tools such as Kanban full circle.
Posted: 07 Nov 2007
Tags: Six Sigma Article Finance Food Foundations Human Resources Jidoka Kanban Lean Marketing Media Toyota Production System (TPS) Tunis Value Stream Mapping
After Six Sigma What's Next?
Cynics, of course, have already gleefully begun to ask whether it will be called Seven Sigma.
Others hope it will all fade away. To hope quality management will go away is wishful thinking. It would be like reasoning that once you cleaned your house you never needed to do it again. Dealing with airlines and doing internet shopping provide daily reminders we still have a long way to go to achieve quality.
Posted: 29 Jun 2007
Tags: Six Sigma Article DMAIC Education Foundations Lean Marketing Operations Product Design Sales
Competing through Quality - Hungary's Journey to Excellence
Quality Management has been instrumental role in building the competitiveness of the developing economies of the new EU member states. By introducing measurable, international standards for improving all aspects of business performance, quality standards have provided the perfect tool for building business competence, confidence and performance.
Posted: 16 May 2007
Tags: 5S Article Balanced Scorecard Construction Education Food Foundations Government Human Resources Lean Marketing Operations Quality Circles Retail Sales Total Quality Management (TQM)
What is 5S?
A quick beginners guide to 5S, the part of the Lean methodology that deals with orderliness and cleanliness in the workplace for greater ...
Posted: 03 May 2007
Tags: Six Sigma 5S Article Foundations Lean Media