Data analysis is used in the 9-step Integrated Enterprise Excellence (IEE) business management system when evaluating an organization as a whole to determine what areas of the business should be further investigated for improvement opportunities (step 4). Data analysis is also used in step 7 of the IEE system when investigating what might be done differently to improvement a particular process’ output response.
Data analysis that attempts to uncovering causal relations to a response can involve hypothesis tests that are to assess what is impacting an IEE 30,000-foot-level process-output predictive response. Statistical tools such as linear regression and analysis of variance can be involved in this assessment of historical data. Design of Experiments (DOE) can also be used to statistically determine through experimentation what factors and levels of factors might improve a desired response.
In the fast-paced world of business management, having the right solutions at your fingertips can make all the difference.
Elevate Your Strategies with Business Management Solutions: Explore Forrest Favorites Read More »
A traditional Quality Assurance Inspection Plan can be very expensive and is not typically as effective as an organization might think.
A Quality Assurance Inspection Plan that Reduces Costs while Improving Quality Read More »
A COVID-19 data analysis to determine if the pandemic is changing to the better or worsening over time need a valid assessment approach and good data.
COVID-19 Data Analysis: Percent Of Deaths Analysis Two – 06-14-2020 Read More »
A coronavirus data analysis to determine if the pandemic is changing to the better or worsening over time needs to have a valid assessment approach and good data.
Coronavirus Data Analysis: Percent of Deaths Analysis One – 05-24-2020 Read More »
For a coronavirus data analysis, there are several reasons that a COVID-19 pandemic analysis of the number of deaths and new cases can deceive.
Coronavirus Data: Percent of Deaths Data Analysis – Data Source Read More »
There has been many COVID-19 Analyses. I too have conducted some COVID-19 analyses from differing perspectives and at differing points in time. The following is a list of my posts that contain these analyses.
This COVID-19 data analysis 2 will focus on the percentage of pneumonia, influenza or COVID-19 deaths to total deaths. This analysis addresses the issues of analyses of total deaths and number of new cases, which can be deceiving for various data-source reasons.
COVID-19 Data Analysis 2 Read More »
A COVID-19 Data Analysis indicates US and Texas death rates are stable after an April 14, 2020 jump. Four 30,000-foot-level analyses of new cases and fatalities for the United States and Texas indicate stability but the levels are very high.
COVID-19 Data Analysis: United States and Texas Read More »
A Plan-Do-Check-Act model (PDCA) or Plan-Do-Study-Act (PDSA) model can be applied to improve an overall business as well as individual projects.
Plan-Do-Check-Act Model Implementation Read More »
For lean Six Sigma black belt skills, adding SQL to a practitioner’s tool set is a great complement to other lean Six Sigma tools that can be taught in lean Six Sigma training.
Additional Lean Six Sigma Black Belt Skills SQL Read More »
