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Overall labor effectiveness (OLE) is a key performance indicator (KPI) that measures the utilization, performance, and quality of the workforce and its impact on productivity. Similar to overall equipment effectiveness (OEE), OLE measures availability, performance, and quality.
Visual representation of the model [1]. The McKinsey 7S Framework is a management model developed by business consultants Robert H. Waterman, Jr. and Tom Peters (who also developed the MBWA-- "Management By Walking Around" motif, and authored In Search of Excellence) in the 1980s.
Operational Excellence (OE) is the systematic implementation of principles and tools designed to enhance organizational performance, and create a culture focused on continuous improvement. It is intended to enable employees to identify, deliver, and enhance the flow of value to customers.
The EFQM Model (known previously as the EFQM Excellence Model) is a management framework that support organisations in "managing change" and "improving performance." [2] A number of research studies have investigated the correlation between the adoption of holistic models such as The EFQM Model, and improved organizational results.
Companies that use Hoshin Kanri often follow a Think, Plan, Implement, and Review process, which is comparable to W. Edwards Deming's Plan Do Check Act cycle. [5] This is because Deming played a role in the spreading of quality control principles that influenced the development of Hoshin Kanri. [4]
Standardized work: Lean thinking is about seeking the smoothest flow in any work, in order to see problems one by one and resolve them one by one, thus improving both the flow of work and the autonomy of the person. Standardized work is the graphic description of this smooth flow of work at takt time with zero or one piece of work-in-process ...
MobiOffice is compatible with Microsoft Word, Microsoft Excel, Microsoft PowerPoint, and Adobe PDF files. [14] MobiOffice Pro is compatible with all of the above and is able to print, convert PDF to Word, Excel, ePUB, save as PDF and could create password protected files. It has a track changes option.
A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [ 2 ]