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FEATURES
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The Pareto principle has not lost its relevance since Juran introduced it into the quality world during the 1940s. In practice, the applicability of the 80/20 law to any situation can be verified from actual data. We never have to assume it is true because we can always check, and we do it from different angles with different metrics. This article explores how data can be effectively communicated to management.
By Michel Baudin
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Suppliers and customers that measure metrics, focus on the future and manage their strategic relationships can build the foundation that raises these partnerships to a higher level of shared successes and rewards for both companies. This article examines three recommendations that can help any two groups elevate their relationship.
By George F. Brown Jr.
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Companies can derive a number of benefits from internal competitions that aim to remedy problems. The true merit of project worthiness, however, comes from implementing the submitted idea or solution at another business unit or company site. Regardless of the tangible cost, labor savings or contest standing, implementing an entry can have a multiplying effect. The benefit for a company is obvious, especially in its ability to reduce potential ergonomic risks.
By Len Walsh
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During my career, I made 10 significant job changes, either through an internal promotion or by changing organizations. In eight of those moves, the organizations had no strategic plan in place. In all eight cases, my predecessor had been fired or marginalized, which likely was not just coincidence.
By Chuck Parke
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