The Wall Street Journal article Avon Replacing Andrea Jung as CEO made the following points: Avon said Tuesday it has launched a search for CEO candidates outside the company. Avon Products Inc. is ending Andrea Jung’s long run as its chief executive, saying the company needs to strengthen its management to get “back on a [...]
Posts Tagged ‘strategic planning’
Why Lean Six Sigma programs fail
QUESTION: What is the number one reason for Lean Six Sigma programs failing from the following list: lack of management buy-in, lack of quality resources (e.g., Black Belts), lack of tangible results from pilot, lack of effective coaching, or lack of benefit quantification? RESPONSE: Lean Six Sigma and other improvement efforts typically stall out in [...]
J.P. Morgan Chase CEO executive compensation discussion
In the Wall Street Journal, Friday October 14, 2011, it was stated: James Dimon was in a concillatory mood Thursday.The J.P. Morgan Chase CEO told investors “We are sorry” to have spent $8 billion on stock buybacks – as the stock has since fallen. And “we are willing to be punished for the mistakes” in [...]
Lean Six Sigma Process Improvement Infrastructure
QUESTION: I need examples of Lean Six Sigma Black Belt and Green Belt projects dealing with Lean Six Sigma infrastructure that could reduce waste. RESPONSE: Four building a business infrastructure, suggest that you check out the following whitepaper and the videos, along with their references. How-to-implement books are readily available from Amazon.com. The following whitepaper [...]
30,000-foot-level predictive dashboard system
QUESTION: What is the difference between a 30,000 foot level individuals control chart and a standard individuals control chart? How are the limits computed between these two types of charts? RESPONSE: The control charting and process capability reporting at a 30,000-foot-level is not traditional control charting.