Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.design for six sigma,”DFSS is[…]
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SOURCES OF CREATIVITY,”Inventor/users-Create solutions for their own needsDeep understanding of unmet needsIncentive to find ways to meet these needsR&D organizations-Basic ResearchApplied ResearchDevelopmentAlliances (customers, suppliers, competitors, complementors)Customers, Suppliers, Competitors
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Read morebusiness improvement
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Read moreBUSINESS PROCESS RE ENGINEERING,”BPR involves radically redesigning and streamlining how an activity is performed
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Read morewhy do business implement formal business improvement process,”When improvement experts are fully supported by senior management and trained in the use of proven improvement processes, methodologies/tools
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Read morebusiness improvement tools,”Process Maps/Value Stream Maps – used to depict and describe a processControl Charts – used to measure whether a process is in control (allows modest variation around a defined performance target)Defect Rates – used to determine the number deviations from expected performance (customer specifications) for a given process for a given number of opportunitiesSigma Level – deviations per opportunity (DPO) or per million opportunities (DPMO)
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Read more4 processes of innovation management system
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Read morewhat does formal business improvement process address?
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Read more6 types of risks,”Operational Risks (technology, process, org.)Financial Risks (profitability, funding, liquidity)Strategic Risks (general, supply chain, projects) Market Risks (macroeconomic, market development)Geopolitical Risks (sociopolitical, legal, infrastructure)Catastrophic Risks (environmental, manmade
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