Deming Institute

JUNE 30, 2020

Doing things right is efficiency. Effectiveness/Efficiency Matrix. Learning to do things “right” is important and all sorts of training exist for doing so, including Lean Six Sigma, Kaizen, Plan-Do-Study-Act, Statistical Process Control, and ISO certifications to name just a few. 2015, November). Richardson, W.

Covey 69

Covey Deming Six Sigma Learning-by-Doing 69

Harvard Business Review

MARCH 1, 2017

Business leaders often think of “efficiency” and “productivity” as synonyms, two sides of the same coin. When it comes to strategy, however, efficiency and productivity are very different. Efficiency is about doing the same with less. The benefits from improving efficiency appear to have petered out.

Efficiency 8

Efficiency Productivity Products Company 8

Harvard Business Review

JUNE 30, 2016

ZBB has been around for decades, but is currently enjoying a revival driven by powerful investors like 3G Capital Partners, the force behind the 2015 merger of Kraft Foods and H.J. Who would argue that a business should not eliminate unjustifiable costs?

Zero Based Budgeting 9

Zero Based Budgeting Budgeting Supply Chain Company 9

Harvard Business Review

DECEMBER 22, 2016

billion, its budget in 2015 was slightly higher than the total gross sales of General Motors. For instance, in May 2015, an employee answering the phone at the Puget Sound VA in Seattle received a call from a veteran who had broken his foot, driven himself to the hospital’s entrance, and needed help getting into the building.

Six Sigma 8

Six Sigma Learning-by-Doing Crisis Kotter 8