Blog
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Exploring Histograms and Box Plots: Similarities and Differences
Histograms and box plots are graphical representations for the frequency of numeric data values. These visual tools serve the purpose of describing the data and exploring the central tendency and variability before using advanced statistical analysis techniques. In this article, we will further discuss the…
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Flowcharting: The Three Common Types of Flowcharts
Also known as Flow Diagram, Activity Flowchart, Process Diagram. Related Items include Process Sequence Chart. A flowchart is a visual representation tool that illustrates the flow of a business process and the interconnections between its activities. It allows to break up any process into…
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Improving Operations Through Observation and Gemba Walks
Also known as the Go See Technique, and Going to the Gemba. Related Items include Management by Walking Around (MBWA). Many managers nowadays try to resolve work-related issues while they are sitting in their offices or conference rooms. Attempting to resolve problems in such…
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Using the RAID Log to Monitor Your Project
Related Items include Project Issue Management and Project Log. Throughout the course of any project’s lifecycle, many things may arise along the way that can affect the project’s ultimate outcome and timeline. Factors such as material shortages and supplier-related issues have the potential to…
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Measuring True Process Yield Using Robust Yield Metrics
An ideal process must operate with zero defects and without rework. To unveil these unnecessary and costly inefficiencies, it is important to employ appropriate performance metrics for measure process yield, or otherwise, the true process yield might be underestimated. Process yield measures should be…
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Benchmark Summary Report
Benchmarking is a process that allows to measure how a company is performing against top-performing organizations worldwide. By doing so, companies gain insights into the practices and strategies that set these outstanding companies apart. This understanding will help in developing plans to apply the…
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Mind Mapping: A Visual Approach to Organize Ideas and Thoughts
Also known as Idea Mapping, Spider Diagram and Spray Diagram. Related Items include Concept Mapping and Unified Modeling Language. Consider the last time when you took notes during a meeting or interview. You may have felt overwhelmed due to the multitude of ideas and…
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Project Selection Template
This project selection template is designed to support the project selection process. It allows the identification of the most appropriate improvement projects and subsequently prioritize them according to their potential impact on the business. By doing so, this tool ensures business priorities are taken…
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The Simple Drawing Way to Map Business Processes
Also known as Business Process Mapping. Related Items include Flowcharting and Value Stream Mapping. A process map is a graphical representation that illustrates the sequence of activities within a business process. It represents these activities in a step-by-step manner to help understanding how products…