Bottom line. The Three Windows of Opportunity. A new book, Made in China, delivers lessons learned by Chinese entrepreneurs in the rugged and dynamic environment of that country. This excerpt zeros in on determining if your timing is right: Is the window of opportunity open? By Donald N. Sull with Yong Wang Editor's note: We all know the stories of famous American entrepreneurs such as Henry Ford, Andrew Carnegie, and Bill Gates. But in China, the stories of pioneering business leaders are less widely known. Donald Sull's Made in China: What Western Managers Can Learn from Trailblazing Chinese Entrepreneurs gathers the experiences of successful Chinese companies such as Legend Group, Sina, and AsiaInfo, which have thrived despite an incredibly turbulent environment. Three windows of opportunity Golden opportunities hold out the promise of great rewards but generally require risky concentration of resources without the benefit of knowing whether the bet will pay off.
The reality of golden opportunities, however, is more complicated. What is window of opportunity. Contingency-plan na engleski-hrvatski - Prevoditelj i rječnik. Data Envelopment Analysis - encyclopedia article about Data Envelopment Analysis. Data envelopment analysis (DEA) is a nonparametric method in operations research and economics for the estimation of production frontiers. It is used to empirically measure productive efficiency of decision making units (or DMUs). Non-parametric approaches have the benefit of not assuming a particular functional form/shape for the frontier, however they do not provide a general relationship (equation) relating output and input. There are also parametric approaches which are used for the estimation of production frontiers (see Lovell & Schmidt 1988 for an early survey). These require that the shape of the frontier be guessed beforehand by specifying a particular function relating output to input.
One can also combine the relative strengths from each of these approaches in a hybrid method (Tofallis, 2001) where the frontier units are first identified by DEA and then a smooth surface is fitted to these. History Techniques "DEA has been used for both production and cost data. Example. Essay Map. Essay Map. Expository writing is an increasingly important skill for elementary, middle, and high school students to master. This interactive graphic organizer helps students develop an outline that includes an introductory statement, main ideas they want to discuss or describe, supporting details, and a conclusion that summarizes the main ideas.
The tool offers multiple ways to navigate information including a graphic in the upper right-hand corner that allows students to move around the map without having to work in a linear fashion. The finished map can be saved, e-mailed, or printed. Grades 3 – 5 | Lesson Plan | Standard Lesson How-To Writing: Motivating Students to Write for a Real Purpose It’s not easy surviving fourth grade (or third or fifth)!
Exploring Cause and Effect Using Expository Texts About Natural Disasters Grades 4 – 7 | Lesson Plan | Standard Lesson A “Cay”ribbean Island Study Grades 3 – 6 | Lesson Plan | Standard Lesson The Houdini Box: What Did Houdini Hide? Persuasion Map. Www.bcps.org/offices/lis/models/economics/persuasion map.pdf. Investopedia.com - Your Source For Investing Education. Total quality management. Total quality management (TQM) consists of organization-wide efforts to install and make permanent a climate in which an organization continuously improves its ability to deliver high-quality products and services to customers.
While there is no widely agreed-upon approach, TQM efforts typically draw heavily on the previously-developed tools and techniques of quality control. TQM enjoyed widespread attention during the late 1980s and early 1990s before being overshadowed by ISO 9000, Lean manufacturing, and Six Sigma. History[edit] In the late 1970s and early 1980s, the developed countries of North America and Western Europe suffered economically in the face of stiff competition from Japan's ability to produce high-quality goods at competitive cost.
For the first time since the start of the Industrial Revolution, the United Kingdom became a net importer of finished goods. Development in the United States[edit] Features[edit] "Quality is defined by customers' requirements. "" Joseph M. [edit] Japanac u Zagrebu - banka.hr. Bankamagazin Objavljeno 09.52, 01.07.2011. Piše Željko Ivanković, glavni urednik Banke U četvrtak, 30. lipnja časopis Banka organizirao je u Zagrebu, u Novinarskom domu, predavanje japanskog veleposlanika Yoshia Tamure: Rebirth of Japan & a brief Review of Croatian Economy (Ponovno rođenje Japana & kratki pregled hrvatskog gospodarstva).
Iako je predavanje bilo na engleskom i u vrijeme kad su godišnji odmori već počeli, posjet je bio dosta dobar. Rijetko koji od oko sedamdeset-osamdeset posjetilaca napustio je dvoranu prije kraja sat i četvrt dugog predavanja, premda ozvučenje nije najbolje funkcioniralo, a i veleposlanik Tamura nije uvijek govorio u mikrofon. Nakon predavanja, većina od onih s kojima sam razgovarao bila je zadovoljna, neki i jako. Dobrim dijelom bili su impresionirani srčanošću s kojom je nastupio visokopozicionirani diplomat jedne od najrazvijenijih zemalja na svijetu, ali nama toliko daleke. Da, to treba uzeti u obzir i posljedice rata sanirati, razmišljao bi Japanac. Samoupravni djelokrug lokalne samouprave. The Eight Elements of TQM-Framework. The Eight Elements Of TQM. Total Quality Management (TQM) is a management approach that originated in the 1950s and has steadily become more popular since the early 1980s. Total quality is a description of the culture, attitude and organization of a company that strives to provide customers with products and services that satisfy their needs.
The culture requires quality in all aspects of the company’s operations, with processes being done right the first time and defects and waste eradicated from operations. To be successful implementing TQM, an organization must concentrate on the eight key elements: EthicsIntegrityTrustTrainingTeamworkLeadershipRecognitionCommunication This paper is meant to describe the eight elements comprising TQM. Key Elements TQM has been coined to describe a philosophy that makes quality the driving force behind leadership, design, planning, and improvement initiatives. I. 1. 2. 3. II. 4. 5. A. 6. III. There are different ways of communication such as: A. IV. Conclusion. Quality assurance. Quality Assurance (QA) is a way of preventing mistakes or defects in manufactured products and avoiding problems when delivering solutions or services to customers. QA is applied to physical products in pre-production to verify what will be made meets specifications and requirements, and during manufacturing production runs by validating lot samples meet specified quality controls.
QA is also applied to software to verify that features and functionality meet business objectives, and that code is relatively bug free prior to shipping or releasing new software products and versions. Suitable quality is determined by product users, clients or customers, not by society in general. It is not related to cost, and adjectives or descriptors such as "high" and "poor" are not applicable. For example, a low priced product may be viewed as having high quality because it is disposable, where another may be viewed as having poor quality because it is not disposable. [citation needed] History[edit] What are the benefits of Kaizen? - Introduction to Kaizen. By Steve Stephenson Kaizen is a system of continuous improvement in quality, technology, processes, company culture, productivity, safety and leadership. We'll look at Kaizen by answering three questions: What is Kaizen?
What are the benefits of Kaizen? What do you need to do to get started using Kaizen principles? Kaizen was created in Japan following World War II. The word Kaizen means "continuous improvement". Kaizen is a system that involves every employee - from upper management to the cleaning crew. In most cases these are not ideas for major changes. Suggestions are not limited to a specific area such as production or marketing.
Kaizen in Japan is a system of improvement that includes both home and business life. In business Kaizen encompasses many of the components of Japanese businesses that have been seen as a part of their success. Kaizen involves setting standards and then continually improving those standards. More information about Kaizen: 5S (methodology) Tools drawer at a 5S working place 5S is the name of a workplace organization method that uses a list of five Japanese words: seiri, seiton, seiso, seiketsu, and shitsuke. Transliterated or translated into English, they all start with the letter "S".[1] The list describes how to organize a work space for efficiency and effectiveness by identifying and storing the items used, maintaining the area and items, and sustaining the new order.
The decision-making process usually comes from a dialogue about standardization, which builds understanding among employees of how they should do the work. There are five primary 5S phases: They can be translated from the Japanese as Sort, Systematize, Shine, Standardize and Self-Discipline. Other translations are possible. Remove unnecessary items and dispose of them properlyMake work easy by eliminating obstaclesProvide no chance of being disturbed with unnecessary itemsPrevent accumulation of unnecessary items The phase, "Security", can also be added. What Is 5S? - Sort, Set In Order, Shine, Standardize, Sustain. By Steve Stephenson 5S is a basic, fundamental, systematic approach for productivity, quality and safety improvement in all types of business.
What is 5S? A 5S (Five S) program is usually a part of, and the key component of establishing a Visual Workplace and are both a part of Kaizen - a system of continual improvement - which is a component of lean manufacturing. The 5S program focuses on: having visual orderorganizationcleanliness standardization The results you can expect from a 5S program are: improved profitability, efficiency, service and safety. The principles underlying a 5S program at first appear to be simple, obvious common sense. What are the Five Ss? 5S was developed in Japan and stands for the Japanese words seiri (tidiness), seiton (orderliness), seiso (cleanliness), seiketsu (standardization), and shitsuke (discipline).
Use the following links to learn more about 5S The first step in making things cleaned up and organized. Read more » Read more » Read more » What will 5S cost me? Six Sigma vs. Total Quality Management. May 28, 2007 | Author: PM Hut | Filed under: Quality Management Six Sigma vs. Total Quality Management By Tony Jacowski Six Sigma is a relatively new concept as compared to Total Quality Management (TQM). However, when it was conceptualized, it was not intended to be a replacement for TQM. Total Quality Management Total Quality Management is often associated with the development, deployment, and maintenance of organizational systems that are required for various business processes. Comparison To Six Sigma In comparison, Six Sigma is more than just a process improvement program as it is based on concepts that focus on continuous quality improvements for achieving near perfection by restricting the number of possible defects to less than 3.4 defects per million.
The basic difference between Six Sigma and TQM is the approach. Applications Where Six Sigma Is Better Conclusion Tony Jacowski is a quality analyst for The MBA Journal. Related Articles. 20keys official site. Kobayashi’s 20 keys. Quality Tools > Tools of the Trade > 58: Kobayashi’s 20 keys In manufacturing environments, there are many areas in which you can focus to create improvements, and systems such as the ‘%Ss’ and the ‘seven Mudas’ (wastes) can help you to find a focus for improvements. Iwao Kobayashi has created a somewhat longer list that include these and more, and can be used in manufacturing audits. It reads very much like a ‘whos who’ of manufacturing innovations and hence makes a very useful checklist.These are: 1.
Clean and tidy. Everywhere and all of the time. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. This is a useful list, but of course it still does not include everything. Reference: Iwao Kobayashi, 20 Keys to Workplace Improvement, Productivity Press, Portland, 1995 Next time: Basic Kanban This article first appeared in Quality World, the journal of the Chartered Quality Institute See also:
Future-Friendly Thinking. What is Hoshin Kanri? Hoshin Planning: Breakthrough Improvement From Vision-Driven Leadership The image most often depicted in U.S. literature on Hoshin Planning (also commonly known as Hoshin Kanri, and Policy Deployment) is that of a ship’s compass distributed to many ships, properly calibrated such that all ships through independent action arrive at the same destination, individually or as a group, as the requirements of the “voyage” may require. Hoshin Planning is more than a compass for steering the direction of your business processes. It is the strategic means of control that allows your organization to make quick turns, changes, and adjustments before you become trapped in a crisis.
Success in a highly competitive world requires more than focus and direction. You must have innovation. Hoshin Planning is the means for keeping the actions and innovations of your people aligned with your organization’s strategic intent.