The Lean value stream map or Six Sigma process map provide a picture of that process. On numerous occasions, I have found that the creation of a map of the process immediately led to an understanding of what was
The role of technology, then and now For years, technology-enabled BPM referred to application customization and the creation of large, sophisticated systems that were the source of competitive advantage and business stability. Companies that invested in these systems often came to dominate their ...
and between the middle and front offices. The same thing happens vertically in organizations: Coordination problems between the corporate center and country operations trigger the creation of regional layers in between
It’s like, Hey, we run a a bespoke course creation company. We don’t really have an audience, but we’ll create a course for you and then you’ll get 60% of the revenue, hands-off, no work. You know, which is very much like just a smaller version of, of the bigger thing ...
In the past, doing something crazy like setting up multiple levels of your membership was the last thing on your mind. Back then it was all about, "I just need three more days to get this membership site up!" But guess what, now that you can do it in just a few minutes, with jus...
Russian Developer:Gamaleya’s two vaccines Sputnik V and Sputnik Light. Characterized by their focus on middle-income countries (MICs), their creation of a wide network of manufacturing partners, and low volumes supplied. 5. Cosmopolitan Developer:Oxford/AstraZeneca. Characterized by substantial funding...
The consumption of resources utilized in correcting the failings and omissions would have been avoided if the process was done "right." The transformation, as shown in Figure 1.1, involves the addition or creation of value in one of three aspects: time, place, or form. An output has "time...
and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not gu...
(IV) Capital efficiency Inventory turnover period during the Reporting Period was 99 days as compared with 84 days of the corresponding period of last year. The year-on-year increase in the turnover period was mainly due to the longer shipping cycle and the corresponding increase in raw and ...
The days of hand calculations of complex statistical analysis are (fortunately) gone. When using computer software, be sure you select the correct functions that apply to variable data if that’s what you are analyzing. Use Graphics to Supplement Your Analysis Plotting the data will provide you ...