Category: Concepts

Several management approaches, including Six Sigma, involve a key focus on process analysis. Too often processes are schematically represented in boxes and arrows. While this final result of a process analysis is beneficial, practitioners should ensure they are considering the numerous factors and components that influence a process and how it is viewed. Stakeholders and […]

In the midst of a complex organizational structure and multiple frameworks, a process owner is often faced with the challenge of providing the biggest “bang” for the lowest “buck” in the shortest time. At the same time, organizations want to optimize the investment a process-improvement drive demands and strive for a common approach that can […]

The Lean Six Sigma deployment climate has evolved from one of training internal resources as experts on implementing process improvement projects to a progressive and forward-thinking collective effort facilitating cultural change in an organization. Historically, with a few exceptions in large companies, most financial services organizations are behind in terms of adapting formal, continuous improvement […]