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Business Operations : Article

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Measuring Performance
FastTrac
3/9/2007
Article Resource
Summary:

Performance standards will be of little value if the entrepreneur never measures actual performance against the standards. Ongoing measurement assures that a business stays on track.

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Measuring Financial Performance
FastTrac
3/12/2007
Article Resource
Summary:

As the first indicator of profitability, a firm's gross margin will establish the goals that will drive the action plans of almost every department. The second indicator, Operating Expenses, should be assessed just as carefully.

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Defining the Operational Goal
FastTrac
3/20/2007
Article Resource
Summary:

Whether you are looking at improving how you currently run your business or planning significant expansion, the operations of your business are critical to your success.

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Processes, Procedures, and Policies
FastTrac
4/13/2007
Article Resource
Summary:

Discover the importance of planning and documenting processes--what we do, procedures--how we do it, and policies--why or when we do it.

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An Overview of Six Sigma
Waggener Donald G
8/1/2007
Article Resource
Summary:

The Six Sigma manufacturing process drives production to near-perfect levels, seeking less than 3.4 defects per million output units. Here, the basic purpose and process of the Six Sigma methodology, and its connection to "lean" manufacturing, are clearly explained for entrepreneurs. The article also provides tips on getting started and guidelines to successful implementation.

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Buck Knives Goes Lean(er) for Growth
Buck Charles B CJ
8/1/2007
Article Resource
Summary:

As Buck Knives, Inc., celebrated a century in business, it also faced a cash crunch that was putting it out of business. CEO CJ Buck shares how his team took dramatic action (including moving the company from Southern California to northern Idaho) to fend off high-quality global competitors and to turn the historic and highly regarded company around with its own version of the Toyota Production System (TPS).

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Getting "Lean"
Matthews Rod
8/1/2007
Article Resource
Summary:

After leaping into "Lean," Southern Vinyl Manufacturing gained efficiencies in nearly every area of its operations. Specifically, entrepreneur Rod Matthews explains the challenges and rewards of involving employees in finding and eliminating waste using the "Five Why" process. As a result of "getting lean," the company resolves manufacturing problems by digging deeply to identify root causes instead of just treating symptoms.

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Six DisciplinesT: A New Focus on Performance
Roth Brian D
8/1/2007
Article Resource
Summary:

Six Disciplines energized this manufacturing firm as its CEO and management team struggled to motivate and reward employees by measuring performance. Engaging employees in ongoing strategic planning, using Six Disciplines software to stay focused on the plan, and remaining accountable for performance resulted not only in increased enthusiasm and efficiency. An unexpected benefit was that it helped management and employees learn how to work much better together.

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What is Six DisciplinesT?
Landwehr Craig
8/1/2007
Article Resource
Summary:

Among the newest business-excellence methodologies now available, Six DisciplinesT is growing in popularity as a holistic tool to help manufacturing entrepreneurs remain competitive against all comers. It's designed specifically to help small and mid-sized businesses ensure they are doing the right things at the right times. Goals include simplifying the quality management approach, fostering practical planning, and delivering effective, sustainable execution management. Many practical tools to implement the program are available.

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Why Six Sigma?
Butler Tyrone
8/1/2007
Article Resource
Summary:

Does Six Sigma methodology have benefits small- to medium-sized entrepreneurial manufacturing firm? "Yes!" proclaims this author, a Six Sigma Master Black Belt. He provides an overview of, outlines four actions needed for a company to succeed with, and defines steps to deploying Six Sigma.

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