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Before discussing Six Sigma Statistics, we should understand first that Six Sigma is not a statistics program. Six Sigma Statistics are used solely as tools for interpretation and clarification of data. The focus of Six Sigma Statistics is on tool selection, use and interpretation of data. With Six Sigma, statistics provide objective evidence on which decisions are based. So a common approach is to identify a practical problem, convert it into a statistical problem, derive a statistical solution and then transform that to a practical solution. |
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What would be the best way to do a net research for finding information about a company rather than searching in annual reports? |
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Just like other software programs and modules, the purpose of Six Sigma Software is to help enforce the Six Sigma culture throughout your enterprise. Six Sigma Software makes the six sigma approach easier to implement and helps to reduce variation in a process and improve the capability of the process. Decreasing defects and increasing customer satisfaction. |
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What comes after the "Balanced Scorecard" methodology...??? The global business environment is facing a revolutionary transformation. Industrial age competition has shifted to the information age competition. In the information age, companies will succeed by investing in and managing their intellectual assets.
In this respect, in the early 90’s Drs. Robert Kaplan and David Norton introduced (Harvard Business Review) the “BalancedScorecard” methodology, a performance management system of balanced financial and non-financial measures (KPI’s).
The “Balanced Scorecard” methodology is more than a performance measurement tool. It is a strategic performance management system for achieving breakthrough performance results. The “Balanced Scorecard” methodology, translates the corporate mission objectives and strategies into tangible measures (KPI's). It is a system that gains internal consensus on strategy, a system that aligns employees with strategic objectives, a framework for involving, inspiring and empowering the human capital and a systematic process to obtain critical feedback about strategic direction. The application of the “Balanced Scorecard” methodology has become the foundation for managing information age organizations.
But ...since everything can be improved, what comes next as the "new generation system" for managing corporate performance...?
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