World economy charts, business frameworks and diagrams
Six Sigma uses SIPOC to create, monitor and improve processes. The SIPOC Diagram is one of the key tools in a Lean Six Sigma project. This tool helps identify relationships between various inputs into the process.
Top lean tools include Kaizen, 5S, Kanban, Value Stream Mapping, 8 wastes and others. The below diagram lists over 20 lean six sigma tools.
How to Increase Profits for a Business – in short increase revenue and decrease costs. You need to generate more sales while reducing expenses. To increase sales invest into Marketing, improve sales employee performance, try to sell more items and View diagram How to increase profits
Kanban lsts things when they are done, while Scrum uses Sprints to break down and plan the work. Kanban methodologies are continuous and more flexiable, whereas scrum is based on short, structured work sprints. Both are agile concepts. The below View diagram Scrum vs Kanban
8 types of waste is a one of lean six sigma frameworks and helps analysis waste within an organization. Very helpful lean tool as organizations usually focus on only a few types of waste while ignoring others.
The top accounting ratios shown in the below diagram help with the financial analysis. The top ratios is Debt-to-Equity Ratio. The financial reports that accounting ratios show company’s performance, and help predict it is future.
Types of Critical Thinking Skills Observation. A key type of critical thinking skill involves observation — you use this to gather information about a… Analysis. Analysis is another component of critical thinking. It is a way to evaluate what it View diagram Critical Thinking Types
The following diagram shows an example of a process map with swim lanes and decisions. Swim lane represents a different participant in the process.
A bottleneck analysis is a process understanding where issues occure in the flow of products or process especially where the work takes longer to complete. Process bottlenecks are among the reasons why processes slow down, projects get delayed, cost overruns View diagram Bottleneck analysis
It’s important to know what kind of Lean Six Sigma project you’re considering. These are 5 classic project types to help you decide. If you’re looking to conduct a Green Belt or a Black Belt project, then you should be View diagram Lean Six Sigma Project Types Diagram