Don't cut costs, manage them
Article Abstract:
Business managers and top executives are shifting their attention from cost reduction to cost management. Cost management is a strategy used to perpetually eliminate the causes of low value-added costs. Effective cost management can be achieved by following its seven principles namely, recognizing the true costs of an organization, constantly ameliorating costs, providing employees with the tools to carry out cost management, engaging all concerned employees in decision-making, lessening complexity in business, modifying the performance systems to transform employees' attitude and employing the organization's technique in managing costs.
Publication Name: Quality Progress
Subject: Engineering and manufacturing industries
ISSN: 0033-524X
Year: 1992
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Use the cause-and-effect diagram to manage conflict
Article Abstract:
The cause-and-effect diagram is an effective tool for resolving conflicts between individuals and departments in organizations adopting quality management initiatives because it is objective and systematic. The diagram involves identifying the stakeholders, identifying the causes of the conflict, prioritizing the most important causes and developing a plan to resolve the conflict. The diagram is also called an Ishikawa or fishbone diagram.
Publication Name: Quality Progress
Subject: Engineering and manufacturing industries
ISSN: 0033-524X
Year: 1996
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Be prepared with an affinity diagram
Article Abstract:
Creating an affinity diagram facilitates scouts in first-aid training because it makes them relate the materials used for treatment with the injuries by identifying common threads. The diagram serves as a guide to using the necessary medical implement should an accident happen. In addition, the sharing of ideas among the scouts that is integral to the activity fosters the camaraderie that is in keeping with Scout principles.
Publication Name: Quality Progress
Subject: Engineering and manufacturing industries
ISSN: 0033-524X
Year: 1997
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