Six Sigma Essay Example | Topics and Well Written Essays - 2250 words

Six Sigma - Essay Example Etc. This concept is also focusing on TRIZ, a problem solving methodology widely adopted in Russia. In this concept, brain storming (random Idea Generation), problem formulation, systematic analysis etc are used. The main aim of Six Sigma is customer satisfaction and product improvement, then only profitability and reduction in cost will sustain. It is providing the product which is ‘defect free process and products’. Six Sigma process is defined as the series of steps and activities that take inputs provided by the suppliers and value provide output for their customers. The Management tries to identify the most important 20 to 30 processes in their business. After identifying these process, the management tries to measure the sigma performance of these processes. The management then tries to identify the lowest performing processes that is having a direct impact on company’s performance. A project team is being formed for improving the poor performance processes. They will retained for a period of 4 to six months wherein they will be having a thorough study on these poor performance processes and taking corrective steps for its improvement to achieve effectiveness and efficiency. â€Å"Unlike other quality initiatives, Six Sigma has a strategic component aimed at not only developing managements commitment to Six Sigma, but their active involvement.† (George Eckes. Wiley, 2003. p.16). Six Sigma as a management strategy is a method for obtaining the objectives of the business. The five major Strategic business objectives are 1. Revenue 2. Profit Margin 3. Customer Satisfaction 4. Growth 5. Employee Satisfaction. In order to implement a Six Sigma strategy the responsibility of management is to identify the important process of the organization and measure their effectiveness and efficiency and to make further improvement for the worst performing process. Six Sigma tactics helps to accomplish greater

Article Review Research Paper Example | Topics and Well Written Essays - 1250 words

Article Review - Research Paper Example Choosing this specific forensic discipline is because there are significant flaws in the justice system that needs repair. Many innocent people end up in prisons unfairly. There is no sufficient evidence to put them behind bars. It requires the government to act because they have a duty to protect the citizens. There are cases where inmates commit suicide. It is against the constitution for a person to take away his life. There are people who bear the blame for the suicides of the inmates. The common reason is convicting them for the wrong reason. The government always arrest people who involve themselves in drug abuse. To correct the criminal system, the government should categorise drugs as a national problem rather than a crime. According to (Lozoff, 2013), there are many drug inmates in prisons. The best idea is for the government to consider taking these inmates to a rehabilitation centre. Furthermore, making drugs a health problem is the main solution rather it being a justice problem. According to statistics, 62% of inmates are in prisons because of drug related issues. The drug problem is too complex for the government to tackle. It is common with the rich people. They have the necessary resources to bribe the law enforcers. In the end, the problem will never cease. The government has to find the cause of the drug problem. There are many reasons like poverty, loneliness, level of economy, etc. The government should address these issues. The lawmakers should change the laws concerning drugs. It will clean the justice system becoming efficient. It is important to separate serious offenders from petty offenders. It will create violent scenes in the prisons. Furthermore, it will make the non-violent prisoners turn to be violent. The state allocates resources to correct inmates behaviour. It will be a loss to the taxpayers money if the inmates learn bad behaviour

Economic Perspectives Of Global Warming Case Study

Economic Perspectives Of Global Warming - Case Study Example Global Warming and Climate Change have now become the buzzwords and rightly too. Carbon Dioxide released from the burning of fuels especially fossil fuels is a significant contributor to the global warming effect. The ever-increasing concentration has been held responsible for the breaking of Arctic Ice Caps; the retreat of glaciers, increase in salinity, storms, floods and so forth. In short, the results could be catastrophic for civilization as we know it. Greenhouse gases tend to stay put before they dissipate. While the jury is still out on the ways to tackle this problem, there is no doubt that economic trade-offs will be involved. Economics provides the necessary tools to realistically address the problem. "It's really now a battle over the economics," said James E. Rogers, chief executive of Duke Energy, who has long advocated curbing carbon emissions. "The debate is not about the climate problem. Everybody could agree on the principles and still get the economics wrong." ( NYT 6th, June 2008 ) The least cost option, as identified by economists, is one which increases reductions over the decades. This will allow for capital depreciation and also the replacement of conventional energy sources like coal, fuel oil, etc. with alternative sources like wind, solar power, Nuclear Power and the like. It is no coincidence that China and India are among the major sources for greenhouse emissions have been under pressure from the OECD and the Group of Eight to look at alternative energy sources. Neither is any altruism involved. Economics dictate adoption of a pragmatic approach which would be all inclusive i.e. include the developed and developing countries (who are way below emission levels in the developed economies and still in an economic growth path with no incentive to cut down on such emissions). Climate is perceived as a public good and therefore international cooperation is de rigueur.

Business Decision Making Essay Example | Topics and Well Written Essays - 750 words - 1

Business Decision Making - Essay Example I highly appreciate your hard work and tolerance in this organization. The organization committee has invented viable contingent plans and strategies to deal with the economic downs that are anticipated to hit our organization. This is to ensure that every employee within our organization is catered for during this challenging moment. Therefore, you should not worry about it because measures are in hand to ensure everything runs smoothly and nothing goes amiss. I urge you to focus on your jobs and think less about the anticipated layoff, because this is a problem that shall affect the entire nation. You should know that, this is just anticipation, and no one is certain if it will occur. The organization values every one of you and when faced with such circumstances, sometime we are forced to consider dismissing some employees in order to survive the economic hardship. This does not mean that the layoff is permanent, but, immediately we surmount over the hardship, the organization sha ll call them back. The organization shall ensure that the layoff is done fairly and on merit basis. That is to say, your hard work shall determine your stay in the organization during the layoff. I urge you consider the layoff necessary because this will help the organization minimize the costs incurred, and it is difficult to strain through the hardship and survive the economic upheavals. In ensuring that minimal effects are experienced, the organization has viable plans to relocate some of the employees in our friendly organizations. I hope that you will bear with the situations and understand that the situation is pushing us to this extent, otherwise all of you are great employees and your work is greatly appreciated. I know all of you are very stressed right now, but I assure you that this are only preventive measures that the organization is taking and will only apply if the situation worsens. In case the layoff will push through I promise that it will be fairly done, but we be lieve that the economic downfall will fade away so that we may not have to reach that level of layoff. Am deeply concerned with the gloomy faces you are portraying and I wish to urge you all not to be stressful in any way as everything will be alright in near future. Interact freely and share ideas among yourselves and be free to forward them to the administration for more consideration. I want also to stop the spirit of fear among you and urge you to speak out in case you have any complain, an idea or a suggestion. Stress and fear will not help us in any way at this difficult time that the economic downfall has hit our company. We need to focus our minds to ensure that it is handled before it worsens and pushes us to harsh measures like layoffs. We should take advantage of the situation to invest even more in the quality of our services. The administration also urges you all to input more effort as you all can see the tough times that we are in. We urge every one of you to accept w hole heartedly all the measures take to tackle this situation. The organization is promising that it will not tighten the working schedules but, all of you are being urged to deliver quality services at this hour of need. We believe that in the near future this terrible crisis will be