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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

This category contains articles submitted by site users and imported from other sites on Continuous Process Improvement 

Meeting management

Arranging a meeting involves a lot of strategy, planning and tactics. A good meeting is short, effective and a good experience for everyone. To arrange a successful meeting, agenda of the meeting must be very clear to all members. Discussions should be to the point, useful and brief. Please go through the link for more details: http://www.pmhut.com/meeting-management

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Designing a meaningful research project

A research is meaningful only if the students get to learn something from a project and maximizes their knowledge while working on a project. Preparing questionnaire and determining sample size for conducting a survey is very crucial. Post- survey, preparation of report and giving recommendations are also very important. For companies this is a profitable situation as they get free advice with no costs involved.

To know more kindly refer to the below mentioned link: http://www.drharoldkerzner.com/designing-a-meaningful-research-project/

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DFSS in product and services industry

In an academic paper submitted by Usman Asad, Ayon Chakraborty and Tan Kay Chuan of National University of Singapore, we come to know how DFSS is helping in innovation, designing and creation of new products and services. DFSS helps the product and services industry to adapt to best practices thus ensuing greater returns.

For more information please visit:-

http://eprints.qut.edu.au/47097/1/Comparative_Study_of_DFSS_in_Product_and_Service_Innovations.pdf
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Comparison between DFSS and DMAIC

 

An article in iSixSigma magazine points out the basic similarities and differences between DFSS and DMAIC. It is a well written article which explains highly technical term in layman’s language. The DMAIC methodology is almost universally recognized and defined as comprising of the following five phases: Define, Measure, Analyze, Improve and control. DFSS is the acronym for Design For Six Sigma. Unlike the DMAIC methodology, the phases or steps of DFSS are not universally recognized or defined. 

For more information please visit:-

http://www.isixsigma.com/new-to-six-sigma/design-for-six-sigma-dfss/design-six-sigma-dfss-versus-dmaic/
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Overview of Lean and Six Sigma in hospitality industry

In a professional paper submitted by Justin M Lancaster, University of Nevada, we come across various topics covering advantages, disadvantages and road ahead for Lean and Six Sigma in the hospitality Industry.

For more information please visit:-

http://digitalscholarship.unlv.edu/cgi/viewcontent.cgi?article=2151&context=thesesdissertations
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Red Hat releases new cloud-friendly Red Hat Storage

Red Hat announced the availability of Red Hat Storage Server (RHSS) to help its enterprise customers. This latest release, RHSS 2.1, combines Red Hat Enterprise Linux (RHEL) 6.4 with the latest GlusterFS community release, oVirt, the open source virtualization platform, and XFS File System to deliver open software-defined storage. To know more about its features, go through the link below:

http://www.zdnet.com/red-hat-releases-new-cloud-friendly-red-hat-storage-7000020516/

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Decision making models in project management

Inability to take decisions is one of the principal reasons for the failure of any project. Good project managers need to have proper understanding of various effective tools to manage triple constraints of any project i.e. time, cost and scope. In this article tools like SWOT Analysis, Maslow's Pyramid, Pareto Principle, Monte Carlo Simulation and Decision Tree Analysis are discussed. In the field of project management, these are regarded as highly effective tools for decision making. Please go through the link for more details: http://www.projecttimes.com/articles/decision-making-models-in-project-management.html

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Tips to help make changes happen

The normal reaction towards any kind of change is always negative. To change such a scenario one must be very careful. Firstly we must explain the reason as to why the change is imminent and things which are associated with it. Secondly providing adequate support helps to accept the changes more easily and smoothly. Thus proper measures and support can help to make changes happen.  Please go through the link for more details: http://www.pmhut.com/5-tips-to-help-make-changes-happen

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Common misconceptions in project management

Moustafa Alzuabi (IT Manager at the Islamic Corporation for the Development of the Private Sector and a certified project management professional), talks about some of the common misconceptions in project management. The focus of the article is mainly on uniqueness of results, project constrains, project plan and project schedule. For more details please follow this link: http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentid=20140428203280

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Basics of project management

To complete a project successfully a project leader must have the details and nitty-gritty’s of the project i.e. the constraints, requirements, demands clear in his or her mind. Documentation of the details is very important for any project and so is the ability to utilize and make the most of the team members for successful completion of the project within the stipulated time. To know more about the basics of project management, please visit Olga Sa's article at: http://www.pmhut.com/10-basics-of-project-management

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Ways to build on the strengths of your team members

According to a research done by Gallup Organization's State of the American Workplace, it was found that tapping the strengths of team members can create wonders and if utilized properly and efficiently can provide highly productive results. They also found that when employees become aware of their strengths, they become 7.8% more productive. Team members should be allocated jobs based on their area of expertise which will not only be beneficial for the company but also for employees and this will give them more job satisfaction and hence will bring better results. To know about how to build the strengths of your employees, please visit Tim Clark (partner and senior analyst with The FactPoint Group, a market research and consulting firm)'s article link at: http://www.pmhut.com/11-ways-to-build-on-the-strengths-of-your-team-members

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Is a project complete without benefits realization?

A project is not complete until it starts delivering benefits or profits to the owner of the project.
Following best techniques and using best resources while development of the project is of no use unless and until the project starts giving returns.
To know more kindly refer to the below mentioned link:-
 http://www.pmhut.com/is-a-project-complete-without-benefits-realization

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Wrongly doing design for Six Sigma

Design for Six Sigma is a design methodology. It works if properly instituted and executed. Wrongly designing and forcefully applying can cause more harm than help. If we need to implement Design for Six Sigma we should do it at the primary levels and not during the mid or operating level. To know more about this topic, go through Alan Nicol (Executive Member, AlanNicolSolutions)'s article link: http://www.manufacturing.net/articles/2012/04/wrongly-doing-design-for-six-sigma

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Design for Six Sigma (DFSS) versus DMAIC

The market is becoming more competitive nowadays. Companies like General Electric, Honeywell, Raytheon and IBM have managed to save billions of dollars in cost savings by process and quality improvement through Six Sigma. The majority of companies like to implement DMAIC methodology because they have existing processes. The remaining minority of Six Sigma practitioners is using a Design for Six Sigma (DFSS) approach to design a new product. DMAIC mainly focuses to improve the existing processes in such a way that final products can be produced with extremely low defects i.e. 3.4 defects in 1 million opportunities. Design for Six Sigma on the other hand, is about the design, development and commercialization of new products and processes for Six Sigma quality. To know more about DMAIC and DFSS, please go through the link: www.isixsigma.com/new-to-six-sigma/design-for-six-sigma-dfss/design-six-sigma-dfss-versus-dmaic/

 

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Applying Lean Six Sigma in pharmaceutical industry

Lean Six Sigma, a globally accepted set of tools, techniques and project management practices is applied across various types of industries. It is also applied to the industry which supports our lives – the pharmaceutical industry.

Going by a process oriented approach, maintaining quality and regulatory standards are vital for pharma industries. Different parameters like value (service and cost), customers (internal customers, patients, doctors, regulators, health care providers, etc.) and quality (patient safety, fit for use) must be taken into account in the process flow. And all these will result into maximum effectiveness of the plant realizing the maximum ROI.

To learn in details how Lean and Six Sigma is applied in the pharma industry, read at http://www.ijqr.net/journal/v6-n1/3.pdf .

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Can project management lead us out of recession?

Project management provides a strict framework to achieve business goals. As economic conditions are improving day by day, responsibility of project managers are also increasing to deliver projects efficiently. It is important to allocate resources properly by providing structural framework in such a way that ensures the investment in a positive direction of a growing economy with anticipated benefits. Hence, it is important for project managers to estimate and invest wisely in projects to ensure a long-term future. Please go through the link for more details: http://www.projecttimes.com/articles/can-project-management-lead-us-out-of-recession.html

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Measuring project success using business KPI's

Delivering business value requires proper understanding of the business various drivers. Driver can be a problem or opportunity which is associated with the project and relates the key variable to address the problem. Prioritization and listing of key indicators are very essential at the beginning of the project for proper decision making. The article mainly talks about few key performance indicators and also contains a list of 75 KPIs that every manager needs to know developed by Bernard Marr, a well-known performance management expert. Please go through the link for more details: http://www.projecttimes.com/articles/measuring-project-success-using-business-kpis.html

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How to develop project management skills

Skills required for project management cannot be achieved overnight. It comes automatically with experience and practice. As we handle more projects, our skills get enhanced and we work more efficiently and smoothly. To read more about this aspect, visit Sabrina Hanapiah's article link: http://www.aits.org/Articles/tabid/1450/ArticleId/10330/How-to-Develop-Project-Management-Skills.aspx/uid/10535

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Project managers need to stand up and be counted

There are many cases of project failures where managers are actually blamed. The reason behind such failures is lack of communication between clients and project managers. To make a project successful, we need to understand specific needs of the clients and address the technical glitches. To know more kindly refer to the below mentioned link: http://blog.parallelprojecttraining.com/project-management-articles/project-managers-need-stand-counted/

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A look at quality improvement in financial services

Nowadays, many other industries like financial services and banking sectors are also actively interested on data analysis and Lean Six Sigma tools to improve processes.
Rod Toro is a business process improvement manager at Edward Jones. In this article, he talks about a Lean Six Sigma project for the service division of his company to improve customer satisfaction.
Toro says, "We were faced with understanding how we can better meet increasing service demands and give better overall customer service,"
With an increase in service calls, the main challenge was to provide timely, accurate, professional and highly customized service to the customer.
The main focus was to identify various metrics to distinguish the right associate for the right skill, also to streamlining the process in a more efficient manner.
To know more about how the whole process was taken care of through Design of Experiments (DOE) tools in Minitab please follow the link below: 

http://blog.minitab.com/blog/real-world-quality-improvement/hello-how-can-i-help-you-a-look-at-quality-improvement-in-financial-services

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