Business Quotes by John P. Kotter

“A culture truly changes only when a new way of operating has been shown to succeed over some minimum period of time.” “A guiding coalition made up only of managers—even superb managers who are wonderful people—will cause major change efforts to fail.” “A guiding coalition with good managers but poor leaders will not succeed. A

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Business Quotes by Taiichi Ohno

“All we are doing is looking at the time line, from the moment the customer gives us an order to the point when we collect the cash. And we are reducing that time line by removing the non-value-adding wastes.” “Ask ‘why’ five times about every matter.” “Costs do not exist to be calculated. Costs exist

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Business Quotes by Stephen Covey

“Above all, success in business requires two things: a winning competitive strategy, and superb organizational execution. Distrust is the enemy of both. I submit that while high trust won’t necessarily rescue a poor strategy, low trust will almost always derail a good one. “ “Admission of ignorance is often the first step in our education.”

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Capability Maturity Model Integration

Capability Maturity Model Integration (CMMI) is a process excellence framework. It helps organizations improve and manage operations to achieve efficient, repeatable, and predictable output. What is Capability Maturation Model Integration The model was initially developed in 1987 as the Capability Maturity Model (CMM) by Carnegie Mellon University’s Software Institute, in partnership with the US Government.

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Bell Curve Statistics

The Bell Curve graph is a powerful way to render a symmetrical depiction of a probability distribution. The data used relies on statistics, a fascinating part of mathematics. Statistical analysis is used to calculate the distribution of a particular event and calculations provide the probability of such event. Probability Distribution Concepts Let us assume that

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