Wednesday, November 27, 2019

Six Sigma Process to Increase Efficiency

Introduction Six Sigma can be described as a process which increases efficiency and decreases defects in production or operational processes with the end goal being an overall reduction in costs for the company in terms of resources saved. Taking this into consideration any company that suffers from consumer complaints regarding product quality can benefit from implementing various aspects of Six Sigma into their operational structure.Advertising We will write a custom essay sample on Six Sigma Process to Increase Efficiency specifically for you for only $16.05 $11/page Learn More On the other hand what isn’t outright stated is the fact that Six Sigma can be thought of as a constraining and limiting form of management since it requires products, services and methods of operation to conform to singular overriding plan that emphasizes a particular method of performance in order to achieve a certain end goal. Problems with Six Sigma This means that i t at times limits management methods related to initiative, thinking outside the box or utilizing methods of management that aren’t necessarily a part of the company’s original management procedure. Based on this it becomes a question of whether Six Sigma management methods are a necessity instead of an option in a company’s operational structure. In the case example provided it can be seen that high product defect rates reported by consumers necessitates the need for significant process change and as such it can be seen that the implementation of Six Sigma in this particular case is a necessity in order to improve product quality and thus a company’s brand image. Changes that will occur Through the use of Six Sigma it is expected that daily operations within the company will undergo drastic changes in the form of increases to efficiency and reductions in resource wasting operations. This would involve department restructuring, removing redundant teams or operations, distributing roles among existing staff so as to increase human resource utilization without having to hire more workers as well as the implementation of new production overseeing processes to ensure compliance to new standards. Approaches to new projects under the new Six Sigma process would have to coincide with how adaptive such projects can become with the company’s new style of operations, whether they can be implemented quickly, efficiently and at low cost and how to ensure compliance with Six Sigma processes.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Overall it is expected that my management style and method of deductive methodology will actually be severely limited in terms of utilizing methods outside of established company operational procedures as dictated by Six Sigma. In fact it is expected that across the entirety of the company’s management st ructure decisions and methods of operational implementation will take on a â€Å"top – down† structure of management resulting in limited freedom in decision making however this should increase operational efficiency and reduce product defects. From a certain perspective thought it can be stated that the use of Six Sigma cannot be considered entirely good for the company. Its confining and regimented use of statistics and metrics turns employees into numbers rather than people. In a way it can be stated that the Six Sigma process stifles creativity in favor of efficiency which cannot be considered the best possible process in which to proceed in a technology oriented business environment where innovation is prized above all else. In fact the very company that started the Six Sigma process â€Å"Motorola† failed to capitalize on changing smart phone technologies and innovations within the past decade resulting in its rivals such as Nokia and Apple, which place gr eater emphasis on innovation, effectively reducing Motorola’s market share to a third of what it used to be (Colvin, 2011). It is based on this that while I do agree that greater efficiency and reduction of wasteful resource utilization is an advantage for the company the fact remains that regimented and procedure oriented methods of management cannot be considered an ideal process to be implemented in light of current market trends where there are fewer barriers to entry and the need for constant innovation. As such this necessitates the implementation of certain vertical and horizontal management processes instead of a regimented top down approach.Advertising We will write a custom essay sample on Six Sigma Process to Increase Efficiency specifically for you for only $16.05 $11/page Learn More Reference Colvin, G. (2011). Motorola’s Uphill Battle. Fortune International (Europe), 164(1), 34. Retrieved from EBSCOhost. This essay on Six Sigma Process to Increase Efficiency was written and submitted by user Barbara Berry to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Sunday, November 24, 2019

Safety and Security

Safety and Security Safety and Security Safety and Security By Maeve Maddox Cora wants to know the difference between safety and security. Safety and security and their adjectives safe and secure are often used in tandem, as in the hymn: Leaning, leaning, safe and secure from all alarm Leaning, leaning, leaning on the everlasting arms These definitions from the OED treat them as synonyms: safety: a. The state of being safe; exemption from hurt or injury; freedom from danger. safety chain, a chain providing additional security security: The condition of being protected from or not exposed to danger; safety. Nevertheless, the words differ in connotation and writers will weigh the context when deciding which to use. Safe and safety, for example, push emotional buttons that secure and security dont. We speak of national security, but personal safety. Threatened townspeople seek the security of castle walls, but a frightened child runs to the safety of her fathers arms. Security surrounds, but safety enfolds. Perhaps the lingering differences between the words can be found in their differing etymologies. Safe comes from Latin salvus, uninjured, healthy. Its related to salus, good health. Secure comes from Latin securus, without care, from se, free from, and cura, care. To my mind, security suggests freedom from worries that derive from knowing that certain external safeguards are in place and that I can rely on them to protect me and my property. Safety is a richer word that includes an inner certainty that all is well. In a sense, security is external, while safety is internal. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Congratulations on or for?Taser or Tazer? Tazing or Tasering?Hyphenation in Compound Nouns

Thursday, November 21, 2019

What are the main differences between imperfect competition and Outline

What are the main differences between imperfect competition and monopoly market structures - Outline Example It is a fact that monopolies are bad for the consumer market structures because they lead to an authoritative regime in place which can mean that there are no competitors and hence a great amount of one-man-rule that shall rule the roost in essence. What is most significant is the fact that monopolies and imperfect competition structures should be kept at a safe distance from the shores of any organization that wants to grow beyond its expectations. Also the consumers would be given the best possible space that they richly deserve and hence their predicaments would be taken care of, the sooner the better. Perfect competition remains a much desired for act that industries would always like to have within their ranks but this is hardly the case as there is a great amount of significance on having monopolies and imperfect competition market structures – the result of which are severe prices meted out on to the consumers with no possible alternatives in sight. Moving on with the d iscussion, imperfect competition is in direct negation with perfect competition because the latter makes sure that the end consumers are given the best possible return on their money and their shopping realms are safeguarded in such a manner that they believe in trying different products and services which are available to them. However what monopolies bring to the fore is nothing short of bad blood, where one organization believes in doing everything while the rest are just not present (Carlton 2005). The monopolistic competition demands a sense of responsibility on the part of the dominant and the sole player as it has to take steps which are essential for the up and coming firms and businesses and it must be kept in mind that the new companies are there to serve the customer better and in a new manner and the customers have every right to demand the very same. They cannot be denied their due right just because a dominant player is bent upon ruining other’s sales and increa sing its own in both the short term as well as the long run. A check and balance approach thus holds the key here and it is the responsibility of the government to control these measures, no matter how harsh the situations are and how stern the steps have to be taken. To quote as an example of monopolistic competition, Apple Inc was accused of having the same within its ranks. There was hue and cry that Apple Inc was forming a vertical monopoly with the signature DRM System, the iPod, iTunes and so on. The pricing strategies were largely decided by the organizational heads and thus the market levels were discouraged from booming in essence. Non-pricing strategies were not made use of by Apple Inc which also formed up as an essential ingredient of the kind of monopolistic competition that the organization was bent upon doing. Monopolistic competition does not usually last for long since governmental interventions and consumer insights get the better of such tyrannical levels of compe tition. There is a more advanced and up to date value-added mechanism in place with the advent of competing players which eventually throng the market and get the biggest share. Unquestionably, competition brings in expectations by the customers, end users and all those who depend a great deal on the said business. This is because competition has motivated them for so long now that the absence of competitive activity would mean a loss-loss exercise. This is generally an unacceptable phenomenon and needs to be taken care of by the people who matter the most within the helm of affairs in the organizational domains. Motivation will only take place when competition is sound enough to send shockwaves within the industrial domains and set the ball rolling as far as delivery of value and quality for the sake of end consumers is concerned. This means that motivation will act as a reinforcing agent once the