Financial Measures

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Mathematics - Statistics - Six Sigma
Mathematics - Statistics - Six Sigma
Master Black Belt lessons, quiz contents and templates for solving problems are provided for the participants here.
The content here will be useful to create a project presentation and score high marks in the certification examinations conducted by professional organizations.

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Porter's five forces is a strategic tool in Enterprise-wide planning.

SWOT, PESTLE and Ansoff Matrix are the tools used in Enterprise wide Planning. This post explains the basics in quiz format for Master Black Belt Participants.

Differences among training, coaching and mentoring are explained here.

Taguchi design of experiments using linear graphs and orthogonal arrays are explained with examples in this video. Master Black Belt students and Lean Six Sigma professionals will find this video very useful.

DMAIC Project has five phases: Define, Measure, Analyze, Improve and Control. Format for all the five phases are provided here.

Enterprise wide planning using Hoshin Kanri method is explained with an example. It ensures that all the activities in the organization are aligned to strategic goals of the organization.

Relevant criteria are defined and projects are scored on the same criteria to select which projects are to be prioritized on top. Project Prioritization Matrix is a tool explained here for prioritizing the projects based on weighted scores for the criteria.

Financial measures like cost of quality, opportunity cost, hard and soft costs, direct and indirect costs, revenue growth, return on investment, break even point, cost benefit analysis, cash flow statement, profit and loss account, balance sheet, EBITDA, PATMI are discussed here.

SWOT, PDCA, PEST, PESTLE, Ansoff matrix, Porter's five forces are the planning tools discussed here.