Building a Project Management Office

This blog posting discusses the importance of the Project Management Office (PMO) and the chronological steps necessary for developing the PMO. In today’s complex business environment new projects are constantly being developed as organizations seek new ways to reduce costs, improve processes, increase productivity, and build their bottom...

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Six Sigma Certification and B2B – Selling Points

Sales force effectiveness is not about simply automating the process – it also involves connecting process to winning over customers. This is true even in case of B2B sales where winning business customers can bring in huge profits with increased credibility. Sales Start With Customers When companies plan...

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A Concise Insight into Asset Management and Six Sigma

Asset management can be described as a business and financial process which analyzes the value of specific assets to determine their financial health, viable investment opportunities, and growth potential. It can also be referred to as the management of collective investments. The practice is commonly associated with the...

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Six Sigma and the Pharmaceutical Industry

Within the pharmaceutical industry, there are various IT factors when transitioning from an existing management process to a new one. In this case transitioning to Lean Six Sigma methodologies carry several IT factors. ...

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Six Sigma and its Use in Finance

Six Sigma within the finance industry helps to reduce costs that are based on strategic decisions. These decisions are often made from statistical data collected from specific sources throughout this quality improvement process. A finance team analyzes data in order to suggest certain changes and improvements within the...

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Six Sigma LIFO – Last In First Out

Typically, LIFO and FIFO are terms used primarily by the financial industry in dealing with invested money and its taxable status based upon the time at which it was invested and the tax legislation enacted after, during, and before the investment period. LIFO stands for Last In, First...

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Types Of Six Sigma Tools

There are many strategies that organizations have come up with in a bid to improve their productivity as well as profits. Six sigma tools have amassed massive popularity among many corporate organizations because of their great economic effects on the bottom line. Six Sigma Methodologies are used in...

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