..In this issue of eSmarter News: Do Economists Breed Greed and Guile? - Issues and Resolution.
May 1, 2009, Edition I

+ Featured Article/Blog
+ Practitioner's Toolbox
+ Become An Expert
+ In The News
+ Upcoming Events

 


.In The News

WCBF’s 5th Annual Lean Six Sigma Summit

The Oak Brook Hills Marriott Resort, Chicago, June 23-26 2009

Summit: June 24th and 25th 2009

Workshops: June 23rd and June 26th 2009

For full details, please click here: www.wcbf.com/quality/5092

 

.Upcoming Events
Smarter Solutions invites you to utilize Integrated Enterprise Excellence (IEE) seminars and courses to go beyond Lean Six Sigma and the Balanced Scorecard.

Going Beyond Lean Six Sigma and the Balanced Scorecard Workshops (1-Day)

May 31, 2009
Miami, FL
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Why Go Beyond Lean Six Sigma and the Balanced Scorecard?
(1-Hour)

June 23, 2009
Chicago, IL
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June 25, 2009
Chicago, IL
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September 2, 2009
Columbus, OH
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View Entire List Of Course Dates


Achieving Enterprise Excellence (1-Day)
June 11, 2009
Austin, Texas

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Green Belt Training
WK 1: Aug. 17-21, 2009
WK 2: Sept. 28 - Oct 2, 2009
Memphis, Tennessee

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Black Belt Training
WK 1: Jun. 22-26, 2009
WK 2: Jul. 27-31, 2009
WK 3: Aug 24-28, 2009
WK 4: Sep. 21-25, 2009
Austin, Texas
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Master Black Belt Training
WK 1: Jun. 15-19, 2009
WK 2: Jul. 20-24, 2009
Austin, Texas
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Lean Six Sigma Graduate Workshop
Apr. 27-May 1, 2009
Austin, Texas
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Design For Integrated Enterprise Excellence (DFIEE)
Sep. 14-18, 2009
Austin, Texas
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Featured eSmarter Blog: Do Economists Breed Greed and Guile? – Issues and Resolution.

In the article “Do Economists Breed Greed and Guile?” it was stated that one business school root problem was that too many are infected with assumptions that reinforce and bring out the worst in human-beings. It was stated that the logic and discipline of economics usually rules the roost at business schools. The article statesRead More

 

Board of Directors’ Risk Accountability in the Current Economic Conditions.
Written by Forrest W. Breyfogle, III

Consider the following questions relative to the board of directors’ responsibility and risk assessment

  • What risk management measures should boards consider as they seek survival and to continue growth?
  • Should the board of directors be held responsible in expending the skill and diligence in the fulfillment of its duties?

Without providing a framework for the board of directors, executives, or anybody else to follow leads too much to chance and the dynamics and expertise group individuals. Just saying we are holding people accountable can lead to Read More

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Practitioner's Toolbox
30,000-foot-level Control charting - process based rather than product based.
Written by Rick Haynes

I was asked a question about how to chart the performance to a specification for 20 different products that use the same measurement but the minimum specification and the target for the measurement change for each product.

This is always a tough question. The first thought is to make 20 charts and 20 capability analysis, but this is aRead More


Process Stability - what to do if it is not stable / predictable.

Written by Rick Haynes

Nearly all lean six sigma programs tell you to check for process stability before estimating capability. Sounds good but is not always easy.

Why do we care? If the process is unstable (unpredictable) why would we want to use the data to estimate anything. Future performance or the capability of a lot of things.

If you had the opportunity to take one of our belt classes you would understand how the choice of the control chart and the subgrouping method changes the decision on stability. Every control charting method provides a different view of the process. When you understand Read More

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Become An Expert
Are you a Lean Six Sigma professional looking for online resources to help you with your daily process challenges?

Become an expert and simplify your job with over 106 articles, whitepapers, presentations, how-to guides, videos, and other time-saving tools. Sign In or Sign Up today! In the mean time, read the latest asset:

Monte-Carlo Simulation: An underutilized Lean Six Sigma Tool.

Monte-Carlo Simulation: An underutilized Lean Six Sigma Tool.

[ Download ]

The stereotypical Lean Six Sigma DMAIC project has a nice process that produces data at a rapid enough rate that you can evaluate improvements during the project, but what options do you have if that is not the case? Using Monte-Carlo simulations can be a powerful way to estimate future performance without having to actually pilot test or prototype the improvements. Read More

Control and Grow your Enterprise: The Right Business Measurements and Controls Benefit the Whole Company

Resolving 
                    Common Issues with Performance Indices

[ Download ]

The Enterprise process DMAIC roadmap provides a 21st century governance system that truly aligns scorecards, strategic planning, improvement plans, and control so that the enterprise as a whole benefits. E-DMAIC goes beyond Lean Six Sigma and the Balanced Scorecard. This view of the way a company functions can change from a focus on doing whatever it takes to meet the quarterly financial goals (the Enron approach) to improving performance at all levels so the overall output always reflects the maximum potential for an entire enterprise. Read More

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AVAILABLE ON AMAZON.COM

The Integrated Enterprise Excellence System: An Enhanced, Unified Approach to Balanced Scorecards, Strategic Planning, and Business Improvement Integrated Enterprise Excellence Volume I - The Basics: Golfing Buddies Go Beyond Lean Six Sigma and the Balanced Scorecard Integrated Enterprise Excellence Volume II - A Leaders' Guide for Going Beyond Lean Six Sigma and the Balanced Scorecard Integrated Enterprise Excellence Volume III - A Management and Black Belt Guide for Going Beyond Lean Six Sigma and the Balanced Scorecard

With further elaboration on the shortcomings of traditional systems and the details of an IEE implementation, each volume builds upon one another so organizations develop a true appreciation and understanding of IEE benefits and its implementation.

ORDER TODAY!!!