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Michael Stoots

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Implementation of Six Sigma Priority Matrixes and a Tollgate Process

Working for a large multinational corporation has given me insight into, and sympathy for, the hearts and minds of department and cost center leaders. Each year they are required by company leadership to find millions of dollars using Six Sigma productivity initiatives – a subtle way of saying “savings.” Some people volunteer, but many are…

Efforts and Limitations in Creating Key Performance Indicators

If senior management teams were omnipotent then all decisions would be perfect, market share would increase, sales would spike, profitability would skyrocket and employee morale would be unparalleled. Unfortunately, the reality is that even the most sophisticated company rarely knows its financial position until the end of the month. Even then the metrics that determine…