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The World's Best Business Excellence Glossary is being made here. It carries not just the definition of the excellence term but the answer to a very important application question. Wish to be a part of the initiative? Join us now! The open questions and past questions with best answers can be seen here.
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A
- A3 Problem Solving
- ABC Analysis
- Acceptance Sampling
- Accuracy
- Action Priority (AP)
- Activity Based Accounting
- Agile
- Algorithm
- Alpha
- Alternative Hypothesis
- Andon
- Apples to Oranges
- Analysis Paralysis
- Ansoff Matrix
- Argument Mapping
- ARMI
- Artificial Intelligence (AI) 1
- Artificial Intelligence (AI) 2
- Attribute Agreement Analysis
- Attribute Data
- Automation
- Autonomation
B
- Backcasting
- Balanced Scorecard 1
- Balanced Scorecard 2
- Baseline
- Bathtub Curve
- Bayes' Theorem
- Bells and Whistles
- Benford's Law
- Ben Franklin Effect
- Bessel's Correction
- Beta
- Bias
- Biased Sampling Error
- Big Hairy Audacious Goal (B.H.A.G.)
- Binomial Distribution
- Black Noise
- Blindspot Analysis
- Blockchain
- Block Diagrams
- Bootstrapping
- Bottleneck
- Bowling Chart
- Box-Cox Transformation
- Box plot
- Brainstorming 1
- Brainstorming 2
- Brooks's Law
- Bubble Plot
- Bullwhip Effect
- Burn Down Chart
- Burn Up Chart
- Business Analytics
- Business Excellence
- Business Process Re-engineering (BPR)
C
- Capability Analysis
- Capability Index
- Capable Process
- Catchball
- Cause
- Causation
- CEDAC
- Cellular Manufacturing
- Central Limit Theorem 1
- Central Limit Theorem 2
- Central Tendency
- Chaku Chaku
- Champion
- Change Acceleration Process
- Change Effectiveness Equation
- Checksheet
- Cherry Picking
- Class Imbalance
- CLOSED MITT
- Clusters
- Cluster Sampling
- Coaching Kata
- Coefficient of Variation (CV)
- Common Cause
- Competency Mapping
- Competitive Advantage
- Confidence Interval
- Confidence Level 1
- Confidence Level 2
- Constraint
- Continuous Data
- Continuous Flow
- Control Chart 1
- Control Chart 2
- Control Chart 3
- Control Impact Matrix
- Control Limits
- Control Plan 1
- Control Plan 2
- CONWIP
- Correction
- Corrective Action
- Correlation-1
- Correlation-2
- Correlation-3
- Cost Avoidance
- Cost Benefit Analysis
- Cost of Poor Quality, COPQ 1
- Cost of Poor Quality, COPQ 2
- Cost Reduction
- Crashing
- Creative Thinking
- Creativity & Innovation 1
- Creativity & Innovation 2
- Critical Chain Method
- Critical Path Method
- CRM
- Crowd Intelligence
- CTQ
- CTQ Drilldown
- Curse of Dimensionality
- Customer
- Customer Lifetime Value (CLV)
- Customer Satisfaction (CSAT)
- Customization
- Cycle Time
- Cynefin Framework
D
- DACI Matrix
- Data Door
- Data Science
- De Bono's Six Thinking Hats
- Decisional Balance Sheet
- Deductive Reasoning
- Defect Concentration Diagram
- Defectives
- Defects
- Delphi Technique
- Deming Cycle
- Deployment Champion
- Descriptive Analytics
- Design For Assembly (DFA)
- Design of Experiments (DOE)
- Design Risk Analysis (DRA)
- Design Thinking
- DFMEA
- DFSS
- Diffusion of Innovations
- Digital Twin
- DIKW Model
- Discrete Data
- Discrete Event Simulation
- Discrimination
- DMADV 1
- DMADV 2
- DMAIC 1
- DMAIC 2
- DMAIC 3
- DMAIC 4
- DMAIC 5
- DMAIC 6
- DPMO 1
- DPMO 2
- Drum Buffer Rope approach
- Dunning Kruger Effect
E
- Economies of Scale
- ECRS
- 80:20 Rule
- 8D Problem Solving
- Effective/Efficient
- Efficiency
- Efficiency Metrics
- Eisenhower Matrix
- Elevator Pitch
- Emergency Response Action 1
- Emergency Response Action 2
- EMO Index
- Escape Point
- European Foundation for Quality Management (EFQM)
- Evolution of Six Sigma
- Excellence
- Exponential Function
- Extinct by Instinct
F
- 4-Eyes Principle
- 5S
- 5 Why
- 5W2H
- 5X and T/5 Rules
- False Alert, Missed Alarm
- Fast Tracking
- Fault Injection Testing
- Fault Tree Analysis
- Feature Creep
- FIFO
- Filter Bubble
- Fishbone Diagram
- First Time Yield
- FMEA 1
- FMEA 2
- FMECA
- Force-Field Analysis
- Forecasting
- Fraud
- Fraud Detection
- Fraud Prevention
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G
- Gage R&R 1
- Gage R&R 2
- Gage R&R 3
- Gemba
- Genchi Genbutsu
- Golden Ratio
- Green Belt
- Grounded Theory
- Groupthink
- Growth Share Matrix
- Guide to Hypothesis Test
H
- Hammurabi Code
- Handoffs
- Hansei
- Hard Savings
- Hawthorne Effect
- Heijunka
- Heijunka Box
- Heinrich's Accident Triangle
- Herd Immunity
- Heuristic Methods
- Hidden Factory
- HiPPO Effect
- HIRAC
- Holy Trinity of Project Management
- Hoshin Kanri
- House of Quality (HOQ)
- HYPE Cycle
- Hypothesis Testing 1
- Hypothesis Testing 2
- Hypothesis Testing 3
- Hypothesis Testing 4
I- Iceberg Theory
- ICUKU
- IDOV
- Important vs Urgent
- Improvement Kata
- Inductive Reasoning
- Industry 4.0
- Influential Observations
- In-line Inspection
- Instruction Creep
- Intangible Benefits
- Internal Rate of Return (IRR)
- Internet of Things (IoT)
- Internet of Things Security Risks
- Inter Quartile Range
- Interrelationship Diagram
- Inventory
- Inverted U Theory
- IPO-FAT Tool
- Ishikawa Diagram
- Issue Tree
J
K
- Kaikaku
- Kaizen 1
- Kaizen 2
- Kaizen 3
- Kakushin
- Kamishibai Board
- Kanban 1
- Kanban 2
- Kano Model 1
- Kano Model 2
- Kaplan Meier Estimator
- Kappa Value
- Kendall's Coefficient
- Knoster Model
- KNOT Technique
- Kubler Ross Change Curve
- Kurtosis
L
- Law of Large Numbers
- Lead Time
- Leader Standard Work (LSW)
- Lean
- Lean Coffee
- Lean Six Sigma
- Lessons Learned
- LIFO
- Linearity
- Little's Law
- Logical Relationships
- Logical Sub-grouping
- Lot Quality Assurance Sampling
- Low Hanging Fruits
M
- Management By Walking Around (MBWA)
- Mean Improvement
- Measurement System Analysis (MSA)
- Median
- Metrics
- Methods-Time Measurement (MTM)
- Mind Mapping
- Miniature Dwarf's Method (MDM)
- Minimum Viable Product
- Mistake Proofing 1
- Mistake Proofing 2
- Mistake Proofing 3
- Mixtures
- Mizusumashi
- Model Cross Validation
- Monte Carlo Simulation
- Moravec's Paradox
- Morphological Matrix
- MoSCoW Method
- Muda
- Multicollinearity
- Mura
- Muri
N
- 9 Windows
- Nash Equilibrium
- Nelson Rules
- Net Present Value (NPV)-1
- Net Present Value (NPV)-2
- Net Present Value (NPV)-3
- Net Promoter Score (NPS)
- Neural Networks
- Noise Factors
- Nominal Condition
- Nominal Group Technique (NGT)
- Noninferiority Testing
- Non Value Adding (NVA)-1
- Non Value Adding (NVA)-2
- Normal Distribution
- North Star Metric
- Null Hypothesis
O
- Obeya Room
- Observation
- Offline Inspection
- One Factor At a Time (OFAT)
- OODA Loop
- Operational Definition
- Operational Excellence
- Optimal Stopping
- Oscillations
- OTED
- Outlier
- Overall Equipment Effectiveness (OEE)
P
- Pacemaker Process
- Paired T Test
- Pareto Chart 1
- Pareto Chart 2
- Parkinson's Law
- Pascal's Triangle
- Paynter Chart
- PDCA Cycle
- Personal Excellence
- PEST Analysis
- PFMEA 1
- PFMEA 2
- PICK Chart
- Pilot
- Planning Poker
- Point of Use Inventory
- Point of Use Storage
- Poisson Distribution
- Poka-yoke
- Power of a test
- Practical Significance
- Pre-Control Chart
- Prediction Interval
- Predictive Analytics
- Prescriptive Analytics
- Precision
- Preventive Action
- Price Elasticity of Demand
- Process
- Process Capability
- Process Cycle Efficiency
- Process Decision Program Chart (PDPC)
- Process Door
- Process Excellence
- Process Input/Process Output
- Process Mapping 1
- Process Mapping 2
- Process Maturity
- Process Mining
- Process Stability
- Product Limit Estimator
- Product Portfolio Matrix
- Productivity
- Project
- Prototype
- Pseudo Continuous Data
- Pull System 1
- Pull System 2
- Purple Cow
- Push System 1
- Push System 2
- P-value
-
Q
- Quality Assurance
- Quality Circles
- Quality Control
- Quality Costs
- Quality Function Deployment (QFD)
- Quantile Regression
- Queueing Theory
- Quick Win
R
- RACI Matrix-1
- RACI Matrix-2
- RAD Model
- Range
- RAPID Matrix
- RATER Model
- Rational Subgrouping-1
- Rational Subgrouping-2
- Regression Analysis-1
- Regression Analysis-2
- Regression Analysis-3
- Regression Analysis-4
- Regression Testing
- Reporting Bias
- Residual
- Residual Analysis
- Resolution
- Return on Investment (ROI) 1
- Return on Investment (ROI) 2
- Rework
- RICE Scoring
- Risk Priority Number (RPN)
- Robotic Process Automation (RPA) 1
- Robotic Process Automation (RPA) 2
- Robotic Process Automation (RPA) 3
- Root Cause
- Root Cause Analysis 1
- Root Cause Analysis 2
- Rolled Throughput Yield
- R-Squared-1
- R-Squared-2
- R-Squared Adjusted
- Run Chart
S
- 6 Big Losses
- 6S
- Sample
- Sample Size-1
- Sample Size-2
- Sample Size-3
- Sampling
- Sampling Error
- SCAMPER
- Scatter Plot
- Scope 1
- Scope 2
- Scope Creep
- Scrum
- Scrum Poker
- Scrumban
- Secondary Metric 1
- Secondary Metric 2
- Segmentation
- Sensitivity Analysis
- Service 4.0
- Service Recovery Paradox
- SERVQUAL Model
- Seven Wastes of Lean
- Severity Ranking
- Shadow Board
- Shewhart Cycle
- Shingo Model
- Shojinka
- ShuHaRi
- Sigma Level-1
- Sigma Level-2
- Significance Level
- Simpson's Paradox
- Single Piece Flow
- SIPOC
- Sisyphus Effect
- Six Sigma
- Six Thinking Hats
- Skewness
- SMART
- Smart Little People (SLP)
- SMED
- Soft Savings
- Spaghetti Diagram
- Special Cause
- Special Process
- Special Requirement
- Specification Limit
- Sponsor 1
- Sponsor 2
- Spread
- Sprint
- SQDC Board
- Stability
- Stable Process
- Stakeholder
- Stakeholder Analysis
- Stakeholder Engagement
- Standard Deviation
- Standardized Work
- Statistical Significance
- Stop Gap Arrangement
- Stop The Line
- Stratified Sampling 1
- Stratified Sampling 2
- Supermarket
- SWAG
- Swim Lane Mapping
- SWOT Analysis
T
- 2 Sample T Test
- Takt Time 1
- Takt Time 2
- Tangible Benefits
- Test of Equivalence
- Theory of Inventive Problem Solving (TIPS)
- Theory U
- Threshold RPN
- Timeboxing
- Time Series
- TIMWOOD
- Tollgate Reviews 1
- Tollgate Reviews 2
- Tree Diagram
- Trends
- Tribal Knowledge
- TRIZ 1
- TRIZ 2
- Trystorming
- Turing Test
- Type I Error
- Type II Error
U
V
- Validation
- Value Adding (VA)-1
- Value Adding (VA)-2
- Value Stream Map (VSM)
- Venn Diagram
- Verification
- Variance
- Variation Reduction
- Visual Control
- Visual Factory
- VOB
- VOC-1
- VOC-2
- VOC-3
- VRIO Framework
- VUCA
W
- Wastes-1
- Wastes-2
- Waste Elimination
- Water Spider
- Web Analytics
- Weighted Pareto
- Why Because Analysis (WBA)
- WIFM
- Will Rogers Phenomenon
- Wisdom of the Crowds
- Work Breakdown Structure
- Work-Out
- WORMPIT
X
Y
Z
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If you want to study topics clustered by a title, please use the following links -
- Hypothesis Testing
- Customer Satisfaction
- Business Analytics
- Metrics and Measurement Systems
- Problem Solving Methodologies
- Improvement approaches.
- Distributions
- DFSS - Design for Six Sigma, Design methodologies and concepts
- Graphical techniques
- Statistical Process Control
- Project Management
- Root Cause Analysis
- Risk Assessment
- Lean Management, Lean Enterprise, Lean Manufacturing
- Problem Solving Laws, Theorems and Principles
- Process Maturity, Process Stability and Process Capability
- Productivity/ Efficiency Concepts and Tools
- Perfection/ Defect Free Outcome
- Agile Management
- Theory of Constraints
- Business Model, Simulation
- Creativity and Innovation, TRIZ
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