Description:
The six sigma world requires an effective methodology to track and report cost, savings, expenses, profits, etc. on a project by project basis. This book shows Blackbelts how to apply financial reporting to their process improvement projects, be certain their savings are accurately reflected in corporate financial accounting, and prove the net worth of their projects. You can financially track Six Sigma projects, prove the net worth of improvement projects, and simplify the metrics used to measure project impact.
Contents:

Introduction

Financial bridge P&L model

Define - defining what is important

Measure - developing and tracking bridge metrics

Analyze - identifying the things that are "off track"

Improve - make it happen, effectively!

Control - sustain the gains

Assessment instruments

The role of leadership and governance in driving financial impact

Shareholder value and business profitability

Support systems - people side of bridge process

Continuous improvement processes

Multipurpose and next-gen tools

Bridge process outlines