Six Sigma Methodology for Credit Risk and Credit Scoring

Six Sigma is today’s dynamic management approach for improving the quality of products and processes. Financial institutions are embracing Six Sigma. American Express, Citibank and GE are well advanced in the implementation of the methodology. Jack Welch, when he was the CEO of GE, said it was the most important initiative that the company had…

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Strategies for Improving Patient Safety in the Hospital

The fact that patients are not entirely safe in a hospital is not breaking news. Errors in healthcare delivery were occurring long before the 1999 report by the Institute of Medicine exposed significant gaps in the healthcare system in the United States. The institute’s report, To Err Is Human: Building a Safer Health System, found…