Daniel Marzullo
If you could experience the perfect workday, what would you be doing? Have you ever taken the time to think about it?
Whether you’re an entrepreneur climbing the corporate ladder or you’re...
William A. Levinson
Inflation is a serious national issue. Credit agency Fitch Ratings just downgraded the U.S. credit rating—as in the “full faith and credit of the United States”—from AAA to AA+.1 This doubtlessly...
Mark Graban
I can’t count how many times during the past 20 years I’ve heard executives complain that their people aren’t enthusiastically participating in their lean program. Leaders lament that while the...
Donald J. Wheeler
As we learned last month, the precision to tolerance ratio is a trigonometric function multiplied by a scalar constant. This means that it should never be interpreted as a proportion or percentage....
Matthew M. Lowe
Let’s start with a definition of Industry 4.0, keeping in mind that we’re rapidly approaching Industry 5.0. Industry 4.0 is an era marked by enhanced digitization and the increased connectivity of...
Chandrakant Isi
An increasing number of engineers are embracing design for manufacturing (DFM) to streamline their production workflow. Industry leaders such as Apple, GE, and Samsung have already adopted DFM as...
Harish Jose
The success run theorem is one of the most common statistical rationales for sample sizes used for attribute data.
It goes in the form of:
Having zero failures out of 22 samples, we can be 90%...
Polina Marinova Pompliano
Mental toughness is a quality that sets extraordinary individuals apart from the rest, enabling them to endure discomfort and uncertainty for extended periods. But what exactly is mental toughness?...
Bruce Hamilton
Peter Drucker, celebrated by BusinessWeek magazine in 2005 as “the man who invented management,” is credited with a concept that has created confusion for me throughout my work life: the distinction...
Ujjwal Parwal
Risk analytics is a vital component of risk management that uses statistical models, data analysis, and predictive modeling techniques to assess, quantify, and mitigate risks in various domains. This...
Bryan Christiansen
Creating a well-run facility isn’t as simple as it appears. It requires meticulous planning, dedicated resources, and a keen eye for detail to ensure that all elements, from the largest machines to...
Gleb Tsipursky
Hybrid employees don’t hate the office; they hate commuting to it, surveys show, since for many workers commuting takes more than an hour per day and costs thousands of dollars per year. Peer-...
Jones Loflin
One of the things I hear from many people is they want to improve their ability to focus. If they just had a distraction-free environment, they could get the right things done. Well, I’m writing this...
Ethan Mollick
Nano Tools for Leaders—a collaboration between Wharton Executive Education and Wharton’s Center for Leadership and Change Management—are fast, effective tools that you can learn and...
Bruce Hamilton
Last May marked the 35th anniversary of the Shingo Prize, an award bestowed each year to recognize organizations that demonstrate the principles and methods espoused by its namesake, Shigeo Shingo....
Ken Voytek
It’s time for U.S. manufacturers to focus on productivity or they will lose their long-term advantage. Productivity is fundamentally about increasing output rather than decreasing costs and inputs...
Gleb Tsipursky
A new study from the University of Birmingham has found that managers have developed a more positive outlook on the benefits of hybrid work productivity since the Covid-19 pandemic. The research...
Mike Figliuolo
It’s a great time of year. Beautiful weather, flowers blooming, and 110 bags of mulch to be spread tell you it’s spring. Now is when we traditionally clean our homes and yards. It’s also a great time...
Akhilesh Gulati
Maria stretched her arms, taking in a deep breath as she savored the lingering flavor of dark, rich black coffee. She waited for the system to log in and connect to her biweekly meeting with her...
William A. Levinson
Time value of money calculations, including net present value analysis, is important when selecting projects and investments. The calculations are part of the body of knowledge for some of ASQ’s...
