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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Capital one delivers 85% of software through agile

To transform the customer experience from traditional methods to better and newer methods, business authorities are relying on agile technology development. When Capital One started using agile development in 2011, Rudy Wolfs, Senior VP of Card IT at Capital One said, it amounted to only 1% of software that was delivered. Today, 85% of software’s are delivered by the agile development method. Also with agile, Capital One now also releases approximately 400 products a month, which has reduced the delivery times to three to six months while "cutting costs significantly," and finds 95% of products meet expectations on the first release. Presently, Capital One has more than 3,000 developers and business users trained on the agile methodology to get a better product. To know more kindly refer to the below mentioned link: http://www.banktech.com/channels/capital-one-delivers-85-of-software-thro/240166887?_mc=MP_IW_EDT_STUB

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ACOs challenged by unrestricted patient choice, study shows

A recent research report shows that Medicare ACOs are facing difficulty to control and manage patient care because most beneficiaries have unrestricted choice over choosing healthcare providers. Much of the specialty care received was provided outside the patients' assigned ACO. The potential challenges in outpatient care are: the proportion of patients assigned to an ACO in 1 year who remained assigned the next year

• The proportion of office visits outside a patient's contracting organization

• The proportion of Medicare outpatient spending billed by a contracting organization that is devoted to assigned patients.

 

For more details please visit Mark Crane’s article in this link: http://www.medscape.com/viewarticle/823951

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Five steps to quality management of your project

Maintaining the quality of a project is a cumbersome job because while maintaining the quality we must also take into account cost and time consumed for it. Proper planning at the beginning of a project is an absolute necessity. Well established and distinct communication system is also crucial for quality management of the project.  Please go through the link for more details: http://www.pmhut.com/five-steps-to-quality-management-of-your-project

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5 ways to end projects well

To successfully complete a project, a line must be drawn reaching which a project can be declared as complete. All obligations and requirements from the client must be checked and taken care of. Most importantly every project makes a contribution to the project management team as a lesson; good or bad. The team must take some positive feedbacks from every project and move on to the next one. Please go through the link for more details: http://www.pmhut.com/5-ways-to-end-projects-well

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The need to validate project assumptions

Validating assumptions for a project is an important criteria which should be done carefully and upgraded timely. New assumptions are also very important during various phases of a project. Tracking and defending assumptions during implementation of a project is extremely crucial for a project to see the light of success. To know more, kindly refer to the below mentioned link: http://www.drharoldkerzner.com/the-need-to-validate-project-assumptions/

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Misused cliches

Sometimes certain phrases spoken by senior executives or managers/team leaders can create confusions among employees of the company. Hence, managers/senior executives should be highly cautious about what they are saying because their words can be a reason of dissatisfaction or sending a wrong message to employees. To know more, kindly refer to the below mentioned link: http://www.drharoldkerzner.com/nine-often-misused-cliches/

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Lessons learnt in program management: The Olympics

Managing an event as vast and big as olympics is a complex and huge job. But from a management perspective, the success of an event does not mean that it was a successful project. In olympics, providing real time data to the spectators and broadcasters’ requires a huge software and hardware setup and also preparation and testing of data flow to avoid any glitches during execution of the games. To know more kindly refer to the below mentioned link: http://www.drharoldkerzner.com/lessons-learned-in-program-management-the-olympics/

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Five ways metric management can fail

Metric Management or dashboard implementation is a useful and a systematic way of providing data, only if it is properly implemented. Making unnecessary rush or incomplete information can lead to disastrous results which can lead to lose faith in the Metric Management system completely. It is also important to track whether people accessing the data from dashboard are correctly interpreting them or not. To know more kindly refer to the below mentioned link: http://www.drharoldkerzner.com/five-ways-that-metrics-management-can-fail/

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Project Management: warning signs your project may be in trouble

The chances of getting into trouble are always there in any project. Project management can be very affective when the project managers were not pressurized in any decision making and also project sponsor assist time to time whenever problem appears. To know more about project governance and other various reasons of project slowdown, please go through the link: http://www.business2community.com/strategy/project-management-warning-signs-project-may-trouble-0642386?tru=RKQB4#gT1e3qKb5Wk2eQ6S.99

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Beware of the dark side. The force will not be with you

Not always does every project get completed within the targeted date. But, when the dates are determined and announced by the top management, very little things are consulted from project managers about the constraints and time frame required for the development of the project. Mostly political and promoter’s convenience is looked after, but when the blame game starts, the top executives quietly distances them from the negativity of the project and starts denying any involvement with the project. This article also talks about few typical scenarios that may occur throughout IT projects. To know more kindly refer to the below mentioned link: http://www.drharoldkerzner.com/beware-of-the-dark-side-the-force-will-not-be-with-you2/

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Satisfying social needs

Satisfying the social needs of employees is directly proportional to the productivity of employees. Companies often take initiatives like arranging dinner parties and outings, but sometimes, these initiatives may fall flat. Companies must ensure that the benefits or facilities provided interest everyone and is not against the likes of some people. For example, couples dinner parties might upset the bachelors. It has been found that people who associate well outside the office also work better in the office as a team and has higher productivity. To know more, kindly refer to the below mentioned link: http://www.drharoldkerzner.com/satisfying-social-needs/

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Practice fusion releases free healthcare analytics tool

Insight, a free healthcare analytics software tool launched by Practice Fusion uses real time data from healthcare industry to show patterns against various diagnoses and prescriptions against diseases across seasonality, age, gender and other parameters.

Membership can be taken where more details such as patient and doctor details etc. are available. This software can also be useful for pharmaceutical companies to change their strategies. To know more kindly visit:

 

http://www.informationweek.com/healthcare/analytics/practice-fusion-releases-free-healthcare-analytics-tool/d/d-id/1268917

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Healthcare data goes from big to great

With the advent of healthcare industry, the flow of data has increased by leaps and bounds. Now with the presence of analytics, huge number of unstructured data can be easily analysed to find out patterns and behaviours which in turn helps the companies associated with healthcare to take more sound and logical decisions.

To know more kindly visit:-

 

http://www.healthcareitnews.com/news/healthcare-data-goes-big-great

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Want happy customers? Bet your 'bottom dollar'

If customer psychology is to be followed then it is seen that a customer is more satisfied and happy when he has purchasing power. The feeling that the customer has enough money left gives him/her a sense of assurance and satisfaction than when he/she is spending the last dollar, no matter what is the quality of the product. Hence it is better to target customers at the month beginning than at the end of the month.

To know more kindly visit:-

 

http://www.businessnewsdaily.com/6460-customers-love-purchases.html

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The secret to going viral: social media tips

Going viral is the new trend on social media nowadays. Companies no matter big or small wants to be part of discussion whether it relates to their product or not. To be popular, one must have interesting and creative contents to intrigue others to share them. Creating a community and perfect timing can prove crucial to be successful on the web. One must also learn to take risks and do unconventional things to be viral in the social media.

To know more kindly visit:-

http://www.businessnewsdaily.com/6471-going-viral-social-media-tips.html

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Hispanics: the future of health care in America

America according to a recent survey, the healthcare industry in America, have a large untapped market. The Hispanics (an inhabitant of one of the countries of Spanish America), besides being cost conscious are also reluctant in going to doctors but depend more on pharmacists. Thus a potential market lies in the Hispanics. But the Mexicans, Puerto Ricans etc. who fall under various categories of Hispanics must be approached differently as their behaviours and mentality are different.

To know more, kindly visit:-

http://www.nbcnews.com/storyline/obamacare-deadline/future-health-care-america-think-hispanic-n111461

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Updating the standards

Upgrading of standards depend upon the structure of the industry and the changes occurring in it. But as demand changes, standards set previously becomes obsolete and new standards must be set to relate with the present market structure and demand. Even though companies might face resistance from unions and other political institutions, they must reassess the standards for the benefit of the company and also their employees. To know more, kindly refer to the below mentioned link: http://www.drharoldkerzner.com/updating-the-standards/

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Practical project politics

Politics in offices is an important part of corporate culture and no one can escape it. Ignoring it is not a solution. A successful project manager should be politically good also handle adverse and difficult situations and turn them in his/her or in company's favor. Project managers should try and involve in good politics for betterment of the company. There are few important points that will help project managers to survive politics. Please go through the link for more details: Please go through the link for more details: http://www.pmhut.com/practical-project-politics

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Necessary skills to resolve project conflicts

Conflicts are bound to arise among employees while working on a project. To resolve them we need to be sympathetic and good listeners. Project managers must keep a positive environment amongst teams to bring out the best from them. Sometimes team members cannot resolve issues among themselves, then project managers must step in. Please go through the link for more details on how to resolve project conflicts: http://www.pmhut.com/10-necessary-skills-to-resolve-project-conflicts

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Inbound marketing, now with added PR

Inbound marketing is not effective unless one can recognise the target customers. With PR activities it becomes easier to understand the market and accordingly plan the marketing strategies. PR combined with inbound marketing not only saves cost but also makes campaign more meaningful. Content marketing along with PR helps to push products to the potential customers and also initiates other customers as well.

To know more kindly visit:-

http://socialmediatoday.com/valentine-smith/2434076/inbound-marketingnow-added-pr

 

 

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