Aiming for perfection is a pretty lofty concept. It’s definitely not easy, especially when you’re speaking of core business processes. Moving toward perfection requires measurement, analysis, and documentation. If you really want perfection, or the closest thing to it, you need sophisticated tools, like Six Sigma tools. But…is driving toward perfection worth the effort? This article is about how to improve process control with six sigma tools. Continue reading How to Improve Process Control with Six Sigma Tools
There are many document control mistakes your company can make if not using document control software, but first off what is document control? Document control is required in order for a Quality Management System to be compliant with ISO 9001. The same is true for other standards, guidelines, and regulations — the U.S. Food and Drug Administration (FDA), Good Manufacturing Practices (GMP) , the Information Technology Infrastructure Library (ITIL), Sarbanes-Oxley (SOX), and many other laws and guidelines require that you have control over your documentation. Learn how to Reduce Document Control Mistakes with Document Control Software. Continue reading How to Reduce Document Control Mistakes with Document Control Software
With the implementation of the Sarbanes-Oxley Act (SOX), finance and accounting departments have scrambled to put in place internal control systems as required by SOX section 404. Compliance with SOX and SEC regulations are certainly good reasons for companies to create a financial control system.
The first two phases include project initiation and project planning. The final three phases of Project Management complete the Plan, Do, Check, Act (PDCA) cycle or process approach to business process management with Project Execution, Project Monitoring & Control, and Project Review & Close. Continue reading What Are the Final 3 Phases of Project Management?
Customers demand consistency and quality — they need it to make informed purchase decisions. Learn why consistent quality is important to the future of your business. Continue reading Why is Consistent Quality Important?
Have you ever wondered if your organizational structure is hurting your process improvement efforts? Well, chances are your organization chart is having a dramatic effect. It’s not so much your org chart or structure that is the problem but rather the issue is the evolutionary process that your organization has gone through to produce your chart. Continue reading Is Your Business Organized for Process Improvement?
The financial transactions of any accounting system can be grouped into four major accounting cycles: Revenue, Purchase, Payroll, and General Journal. Continue reading How Do Accounting Systems Work?
What is the purpose of a procedure? To decrease variability? To ensure product and process consistency? Well, as you decrease process variability, you increase process control. Management needs control: management control, process control, internal controls, and controlled outputs. Policies and procedures help provide controls that management wants and that regulators or auditors demand. Control is also a crucial element of corporate governance. Do you know the three types of processes that exhibit control? Continue reading What Types of Processes Exhibit Control?
The role of back-and-forth negotiations in global business has become more vital than ever, courtesy of the booming economy in China and the ever-growing influence she has on international consumers.
Control charts are really two time-based charts plotted on the same form. For simplicity’s sake, we will focus on control charts for variable individual readings because this chart is usually most useful in understanding and improving business processes. Continue reading How to Use Control Charts for Continuous Improvement