Ries is, at first glance, very different from the quality gurus who presided–either physically or in spirit–over GE in the last century. In the 1950s William Edwards Deming taught the Japanese to ...

In the depths of the dot-com bust of 2001, the high-tech industry went on a diet—cutting costs, downsizing, scaling back. There were many different types of diets, but some electronics companies ...

Many business owners may have heard of and implemented lean production principles - a method for eliminating waste - or Six Sigma, a data-driven approach to eliminating defects, but practitioners ...

“Lean” process improvement can reduce costs, improve efficiency and make execution more predictable. Lean requires an investment and a culture change. Lean has resulted in improved execution in a ...

Lean Six Sigma is an approach for efficiency in manufacturing and business that uses statistical modeling with the goal of delivering stable and predictable results. The original Six Sigma philosophy, ...

Lean manufacturing and Six Sigma principals are used to improve processes and create efficiencies in the overall manufacturing process. Lean manufacturing is used to minimize waste, while saving costs ...

Lean Six Sigma is a process improvement methodology recognized worldwide in organizations both large and small, across all areas of business. Many companies pay a salary premium for new hires with ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...