Daily Dosages

 



A continual improvement process, also often called a continuous improvement process, is an ongoing effort to improve products, services, or processes. These efforts can seek "incremental" improvement over time or "breakthrough" improvement all at once.

How can I improve continuously?
  1. 7 Ways to Continuously Improve. The Truth About The Best Way to Create Continuous Improvement. ...
  2. Make no excuses. ...
  3. Celebrate other people's success. ...
  4. Give and receive feedback. ...
  5. Don't feel sorry for yourself. ...
  6. Lose yourself. ...
  7. Don't oppose. ...
  8. Doing is more important than thinking
Simply put, continuous improvement is important because it's the best way to ensure that we're doing things the most efficient, effective, and productive way, every single day of the week, and on every single component that we're working on.

What are the six steps in continuous process improvement?
The six (6) steps of the Continuous Improvement Process are: Identify Improvement Opportunity: Select the appropriate process for improvement.
...
Plan for Future:
  1. Benchmarking.
  2. Force Field Analysis.
  3. Flowcharts.
  4. Affinity Diagram.
  5. Delphi Technique.
  6. Pareto Chart.
  7. Cause and Effect Diagram.
  8. Scatter Diagram




20 November 2020


Comments

Post a Comment

Popular posts from this blog

Financial Modeling

  Financial Modeling A financial model is simply a tool (generally built in Excel) to forecast a business’s financial future. It serves as one of the critical inputs for financial analysis and valuation. Knowing how to build an integrated 3-statement financial model and Discounted Cash Flow (DCF) model is a must-have skill for professions like equity research, investment banking and private equity. I will divide the recommendations here in two parts. First , in case you want to learn financial modelling just to build or augment your skill-set. Second , in case you want to obtain a certificate of having gone through a financial modelling course to improve your chances of landing a finance role. For the first case, if you are just keen on learning, I would suggest subscribing to A Simple Model . While there are a lot of free tutorials available online, what is actually needed is a structured approach to learning financial modeling, and ASM does a very good job at that. And for just U
Read more

Financial Skills that are Must for Dream Job

The Top Finance Skills   that CA Student should Possess Hey everyone! This article is an attempt to list down some of the skills required in the finance profession and some useful resources that can help you. There are multiple career paths that one can choose within the finance field. Some of them are: Commercial banking Corporate Finance Credit Analysis Equity Research Investment Banking Private Equity & VC Wealth Management While all these profiles require varying skill sets and qualifications, there are a few basic skills which are common across many of these fields: Financial Reporting & Analysis Industry/Business Analysis Valuation & Corporate Finance Financial Modeling
Read more