What do the blue chip companies like Boeing, Orica, Sony, Caterpillar and Microsoft all have in common?
All of their managers undertake training in the advanced techniques of Quantitative Decision Making!
As business continues to become more complex, more competitive, and with expectations of higher and higher levels of performance; the ability to manage decision making risk becomes an even more important skill for managers in any size company - even yours.
If you are an SME, don’t let size be a barrier to what you should learn to keep up with the leaders of the greatest companies of our era.
_______________________________________________________
‘During the late 90s I was accepted 5 different manager’s positions over a 6 year period in a major international corporation. A skill that played a significant role in attracting these offers was my ability to make sound decisions and present them to business leaders in a way that was convincing. The ability to do so using quantitative methods is a vital skill for every manager who wants to make better decisions today.’
George Lee Sye
_______________________________________________________
How does this course relate to Business?
Participants of the course will leave with massively enhanced skill in the area of process performance and decision making. In particular they will .....
-
(1)More effectively understand the nature and characteristics of process variation
-
(2)Respond more effectively to process variation as a process owner
-
(3)Understand and manage decision making risk as it relates to improvement choices
-
(4)Establish correlation between process variables
-
(5)Be able to present an even more compelling case by supporting process improvement decisions with quantifiable evidence
Quantitative Decision Making is a vital skill for every manager, delivered in a way that far exceeds anything you will receive in any MBA.
OUR GOAL IS TO TEACH YOU HOW TO USE THESE SKILLS IN A PRACTICAL SENSE, NOT FOR YOU TO BECOME A STATISTICIAN!
_______________________________________________________
Course Contents
The course covers advanced techniques for studying and presenting data, and making low risk decisions.
-
★The Basics of SigmaXL Software (all participants must bring a laptop computer and be competent in the basics of MS Excel)
-
★Measurement System Analysis
-
★Process Capability Analysis with Capability Indices
-
★Process Stability Analysis with Control Charts
-
★Identifying Sources of Variation through Stratification
-
★Validating Sources of Variation with Hypothesis Testing
-
★Identifying Causes of Variation using Designed Experiments
-
★Process Optimisation using Designed Experiments
-
★Validating Causes of Variation using Pearson’s Correlation
-
★Process Optimisation with Linear Regression
_______________________________________________________
Course Format
Duration: 4.5 Days
Monday to Thursday 8:00AM - 5:00PM
Friday 8:00AM - 12:30PM
View our EVENT CALENDAR to see when this course is next being held.
