The term ‘Six Sigma’ is a magical word that creates ripples in today’s business world. While knowing about the concept of ‘Six Sigma’ and various tools & methods that Six Sigma uses, one must also know about the founders and pillars who were the reason for shaping Six Sigma as a methodology as it is […] Read more

Statistical Process Control or SPC was first coined and introduced by Walter A. Shewhart in the early 1920s and over a period of time, further developed into a strong conceptually proven process. The term Statistical Process Control has a simple meaning – a Process controlled using statistical tools. In SPC we use mostly the two […] Read more

How does one feel if they are adjudged the best? Top of the world! They become famous and recognized and appreciated by one and all, wouldn’t they? Yes, we are going to discuss Benchmarking here which is nothing but a bar/target showcasing who is the best in the Industry. We maybe wondering why does an […] Read more

As soon as we see the term Business Intelligence (BI), we assume it to be a Management Information System (MIS). So, is it really true that BI and MIS are one and the same? Definitely not, but they are similar – MIS being a subset of BI. So, we know that BI consists of information […] Read more

Operating Rhythm can be defined as a set of pre-defined process of communication and interactions that should be present between different departments to ensure that the flow of operations is not interrupted and is controlled as intended. It provides a structured way of communication through which the stakeholders communicate to the project team/operations and vice […] Read more

The Seven Management tools belong to Operations Research & Japan’s Total Quality Management Philosophy, and found their use first in Second World war. They are a set of tools and techniques used for planning and managing any type of operations effectively. The main purpose of these tools was to guide the managers in planning, analysis […] Read more

“Six Sigma” as you already know, is an approach/methodology adopted by companies to reduce defects thereby improves revenue and increase customer satisfaction. In this article we will look at some key facts that you should know about ‘Six Sigma’. Some points may be repeated, but it is for the purpose of reiteration. 1. Six Sigma […] Read more

MIS – Stands for Management Information System. As the name implies, MIS is a system that generates and provides Information to Management, for the purpose of managing and improving the business processes. It is a component based system that provides data and required information to management for supporting and enabling them in their decision making […] Read more

A Quality Management System is a set of processes defined and implemented to enable an organization to satisfy the needs of its customers. It is a defined and documented approach that guides all levels of management, all departments of an organization as well as all suppliers of the organization in marching towards a common goal […] Read more

A lot of discussions are woven around how a company’s Leadership plays a key role in Six Sigma. This is because the entire success of a Six Sigma project lies in the support and interest of Top management. Top Management has a huge responsibility in driving the Six Sigma culture in an organization. It is […] Read more

Any Six Sigma Project starts with a Project Charter and it plays an important part in getting an overview of the Project being undertaken. A Project Charter is a document that gives information on all aspects of the Project – right from simple information such as the Project Title to detailed information on the Cost […] Read more