Are you seeing the big picture in selecting your improvement projects?
Purpose – The purpose of this paper is to propose the adaptation of Michael Porter's Value Chain as part of a total value and performance-based framework to help identify and prioritize process improvement projects. Design/methodology/approach – This paper developed a framework and then applied it by using a notional company's performance numbers. Findings – The proposed framework can be easily applied to a real-world business setting by using the methodology proposed. The author used basic Microsoft Excel skills to perform this work. Practical implications – This paper's’ strength is that it provides business managers and quality improvement practitioners a viable and straight forward method to identify and prioritize their improvement efforts. Originality/value – This paper is original in its concept. It takes and established framework and it applies it to a process improvement application.
Year of publication: |
2014
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Authors: | Richard Horne, J. |
Published in: |
The TQM Journal. - Emerald Group Publishing Limited, ISSN 1754-274X, ZDB-ID 2420151-0. - Vol. 26.2014, 6, p. 658-666
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Publisher: |
Emerald Group Publishing Limited |
Subject: | Six sigma | Quality improvement | Project identification | Cost-profit | Michael Porter's Value Chain | Lean operations |
Saved in:
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