Of the 8 wastes, wait time the most prevalent and frustrating for the customer. In some cases, it indicates a lack of respect for the customer’s time and value to...
As a Lean Six Sigma professional, volatility means opportunity. As the market experienced moves of more than 100 points 75% of the time in January, your “spider senses” tell you it’s time to get to work. Many experts like Mohamed El-Erian have identified this as a divergence of macroeconomic performance and monetary policy prospects. This was highlighted by the drop in oil prices.
Economic healing is occurring in many countries, but the progress is slow due to the inability of easing the clutch of excessive debt. Time is a concern as the risk of this condition will lead to an end to the economic recovery. This is the time as Lean Six Sigma professionals to utilize our skills to understand the variance and make proper investing decision. Best of luck in your analysis.
Gary Kapanowski – Lean Six Sigma Master Black Belt – Excelsior
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