Articles

Six Sigma and KPI’s: Your Operating Expense Ratio (OER)

Running a business can be expensive. No matter what industry you’re in, what services you offer, or products you make, there’s an ever-changing cost for doing business. Typically, how expensive it is to operate your business determines how profitable you are. Likewise, your operating expenses determine your return on investments, growth aspirations, and revenue. While […]

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5 Biggest Risks Six Sigma Faces Without a Governing Body

Since its inception in the late 1980’s, Six Sigma has become increasingly popular throughout hundreds of industries. Across the world, professionals are finding new ways to use the process improvement methodology to their benefit. However, with this growing demand for Six Sigma, the business method faces a series of potential setbacks. On top of the […]

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Industry: Climate Change and Six Sigma

Climate change is an unavoidable factor for many people, organizations, and corporations. Around the world, different areas are experiencing the effects first hand of climate change. Whether it’s rising sea levels along ocean front cities or rapid weather changes in arid climates, scientists are having to work alongside engineers and developers to protect our societies. […]

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ANOVA

How To: Analysis of Variance (ANOVA)

If there’s one thing Six Sigma methodologies need more than anything, it’s data. Data drives the decisions we make, how we interpret our operations, and what areas within an organization need improvement. However, not all data is created equally. More importantly, deciphering between data sets and points can be extremely cumbersome. To combat this, there […]

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How to Read an Affinity Diagram

What is an Affinity Diagram? An affinity diagram gathers large amounts of data and organizes it into meaningful groups, relationships, and patterns. Although grouping data together in respectable groups is common throughout business analysis, affinity diagrams became officially known in the 1960s. Since then, organizations, project teams, and corporations have used these diagrams for a […]

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