Profit Optimization Planning

Make the most of your Black Belts Regression equations,try fitted lines, and sampling are familiar terms to people in the quality field. There are tools that we use (i.e., planning matrices, tree diagrams, and flowcharts) to help our organizations optimize processes. These tools aren’t new, and their use isn’t limited to the quality profession. They’re … Read moreProfit Optimization Planning

Leveraging Quality Tools Throughout the Organization

Applying design of experiments to marketing Design of experiments (DOE) is a term familiar to most quality professionals. Some use it on a regular basis and others try their best to avoid it. Most of those who employ this problem-solving tool have done so mainly on behalf of quality improvement projects. Limiting DOE to just … Read moreLeveraging Quality Tools Throughout the Organization

Limit Your Way to Innovation

Determine constraints to achieve competitive advantage In today’s world, it’s almost expected that product or service innovation will yield competitive advantage. So how does one innovate? One approach is to hire genius employees and to combine the attributes of a number of tools (e.g., theory of constraints or experimentation), or use specific methodologies such as … Read moreLimit Your Way to Innovation