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Abhishek Soni

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Combine an Improvement Initiative with Change Management

The full value of any improvement initiative is realized only when it is complemented by a robust change management strategy to effectively manage the people side of the change throughout the course of improvement cycle. What Is Change Management? Change management is a systematic approach to transitioning individuals, teams and organizations to a desired future…

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Customizing Process Improvement for Financial Services

Post the subprime mortgage crisis, the growth of the financial services market has become stagnant; companies are reeling under immense pressures to sustain their profit margins. It has become imperative for the financial services sector to reduce operational costs by improving operational efficiencies and effectiveness. Financial services businesses can improve by elevating their quality of…

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Manage Project Performance with EVM and Control Charts

This article introduces the concept of earned value management (EVM) indexes, a project assessment technique, and control charts, a statistical tool for monitoring variation in a process, and describes how both may be used in tangent to capture more insight from project performance.  What to Know About EVM Indexes EVM is a project management technique…

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