Remove Finance Remove Innovation Remove Six Sigma
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2011 ASA Deming Lecture by Roger Hoerl – Need Any Country be Poor?

Deming Institute

And he discusses six sigma (which certainly has issues) but as I have written before if you want to learn what value six sigma offers listen to what Roger (and others such as Ron Snee, Gerry Hahn…) say. Hunter: an Innovator and Catalyst for Quality Improvement.

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Balancing Push and Pull Approaches to Improvement

Harvard Business Review

These mandated-from-above programs include Lean Six Sigma initiatives with experts (" Belts ") in command, big IT implementations, and reengineering of major end-to-end processes. An executive in the company's finance operations adopted a Six Sigma belt-driven approach to reduce costs in the company's global shared service centers.

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Diet and Exercise Tips from Process Fitness Fanatics

Harvard Business Review

The stories of how they have kept their processes fit are less well known than those of famous process fitness fanatics such as Toyota, with its Toyota Production System (also known as Lean), and GE, with its Six Sigma program. DuPont started with Six Sigma's classic focus on reducing product defects.

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Avoiding Catastrophic Failures in Process Improvement

Harvard Business Review

Engage the finance organization. Finance was on board at the company in our story. As I noted in a previous post "Keep Your Operations in Shape by Focusing on Management Processes," performance measurement (which is usually managed by finance) is one of four critical management processes for improvement program success.

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How GE Stays Young

Harvard Business Review

Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. You need to think like a portfolio manager, allocating resources both to innovate in your core and for the future.

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What Cincinnati Could Teach New York about Hurricane Readiness

Harvard Business Review

But increasingly, at the local level, innovative approaches involving unlikely partners playing unlikely roles are disrupting the status quo and addressing seemingly unsolvable challenges like those posed by Sandy. Government must adopt innovation practices that mirror those used by leading entrepreneurial companies around the world.

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Stop Focusing on Profitability and Go for Growth

Harvard Business Review

So, in real terms, debt financing is essentially free. Accordingly, business leaders sought to improve efficiency by employing Six Sigma, process reengineering, spans and layers, and other tools. Others reward easy-to-measure improvements in existing processes over less-easily-quantified innovations.

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