#162 – TRUMP DISRUPTS BUSINESS MODELS – GREG HUTCHINS

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Greg HutchinsYou’re a company that has been outsourcing for the last 10 years.  This makes good business sense, since you can’t find local or domestic sources that can make products or provide the services you need.  Also, the savings of outsourcing can be substantial so this increases your revenue and is good for your shareholders.

Then, you get tweeted: President Trump calls your company out as being UnAmerican for outsourcing jobs. Continue reading

#162 – CASCADING EFFECTS RIPPLE THROUGH ORGANIZATIONS ILL PREPARED TO DEAL WITH THEM – GEARY SIKICH

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Untitled1-150x150Introduction

We live in a world of consequences.  Everything that we experience is a consequence of some action, decision, reaction and/or choice.  For organizations the consequences of a choice, action, decision and/or reaction can cascade throughout the organization and extend to its “Value Chain” rippling through all the known touchpoints and the as yet, unidentified touchpoints. Continue reading

#162 – WHY DO WE USE THE SUM OF SQUARES CONCEPT SO OFTEN? – FRED SCHENKELBERG

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ABC FredThe data analysis course professor tended to focus on the practical application of statistics.

Avoiding statistical theory was fine with me. Learning statistics for me was on how to solve problems, optimize designs, and understanding data. Continue reading

#161 – INTRODUCTION TO THE SIX SIGMA DESIGN APPROACH – FRED SCHENKELBERG

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ABC FredSigma, σ, is the Greek character we use to represent standard deviation. 6 σ represents the spread of data about the mean. For data with a normal distribution 6 σ includes 99.7% of the data.

The 6 σ design approach incorporates knowledge of the variation that will occur within the design such that the design has is unlikely to fail. Continue reading