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Ineffective process management will result in significant loss to the organization's bottom line. The amount of loss depends upon your organizations Sigma Score, for example, a Sigma Score of 3 suggests a loss of 25% to 40% of sales (Sigma Scores vary from 2 to 6). A score of 6 suggests less than 1% of sales dollars are lost.
This training is useful for all the individuals who want to learn process variation countermeasures. It would be ideal for:
Traditional methods of Process Improvement demonstrate high failure rates: Business Process Reengineering (BPR) 50% to 85%, Total Quality Management (TQM) 75%, Six Sigma 50% to 90%, and Lean Six Sigma to 98%.
You can increase your odds of success by combining Effective Information Collection (EIC), Process Reliability Modeling (PRM), and Failure Mode Effect Criticality Analysis (FMECA). Webinar also includes methods for determining root causes of process problems and effective tools for repair of ineffective processes.