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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
- Activity Based Accounting
- Alternative Hypothesis
- Apples to Oranges
- ARMI
- Artificial Intelligence (AI)
- Attribute Agreement Analysis
- Attribute Data
- Automation
- Autonomation
B
- Balanced Scorecard 1
- Balanced Scorecard 2
- Baseline
- Bessel's Correction
- Bayes' Theorem
- Bells and Whistles
- Big Hairy Audacious Goal (B.H.A.G.)
- Binomial Distribution
- Black Noise
- Blockchain
- Bottleneck
- Box plot
- Brainstorming
- Business Analytics
- Business Excellence
C
- Capability Index
- Capable Process
- Cause
- Causation
- Central Limit Theorem 1
- Central Limit Theorem 2
- Central Tendency
- Chaku Chaku
- Checksheet
- CLOSED MITT
- Clusters
- Coefficient of Variation (CV)
- Common Cause
- Confidence Level
- Constraint
- Continuous Data
- Continuous Flow
- Control Chart 1
- Control Chart 2
- Control Limits
- Control Plan 1
- Control Plan 2
- Correction
- Corrective Action
- Correlation-1
- Correlation-2
- COPQ, Cost of Poor Quality 1
- COPQ, Cost of Poor Quality 2
- Creativity & Innovation 1
- Creativity & Innovation 2
- CRM
- CTQ
- Cycle Time
D
- Defectives
- Defects
- Descriptive Analytics
- Design For Assembly (DFA)
- Design Risk Analysis (DRA)
- Design of Experiments (DOE)
- DFMEA
- Discrete Data
- DMAIC 1
- DMAIC 2
- DMAIC 3
- DMAIC 4
- DPMO 1
- DPMO 2
- Drum Buffer Rope approach
E
- 8D Problem Solving
- Effective/Efficient
- Eisenhower Matrix
- European Foundation for Quality Management (EFQM)
- Evolution of Six Sigma
- Excellence
F
- 5S
- False Alert, Missed Alarm
- Fault Tree Analysis
- Fishbone Diagram
- First Time Yield
- FMEA 1
- FMEA 2
- FMECA
- Force-Field Analysis
- Forecasting
G
H
- Handoffs
- Hansei
- Hawthorne Effect
- Heuristic Methods
- Hidden Factory
- Hypothesis Testing 1
- Hypothesis Testing 2
- Hypothesis Testing 3
I
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J
K
- Kaikaku
- Kaizen 1
- Kaizen 2
- Kakushin
- Kanban
- Kano Model 1
- Kano Model 2
- Kappa Value
- Kendall's Coefficient
- KNOT Technique
- Kurtosis
L
M
N
- Net Present Value (NPV)-1
- Net Present Value (NPV)-2
- Nominal Condition
- Nominal Group Technique (NGT)
- Normal Distribution
- Null Hypothesis
O
- Observation
- One Factor At a Time (OFAT)
- Operational Definition
- Operational Excellence
- Oscillations
- Outlier
P
- Pacemaker Process
- Personal Excellence
- PFMEA
- Pilot
- Point of Use Inventory
- Poka-yoke
- Power of a test
- Pre-Control Chart
- Predictive Analytics
- Prescriptive Analytics
- Preventive Action
- Process
- Process Capability
- Process Cycle Efficiency
- Process Excellence
- Process Input/Process Output
- Process Mapping
- Process Maturity
- Process Stability
- Productivity
- Project
- Prototype
- Pull System 1
- Pull System 2
- Push System 1
- Push System 2
- P-value
Q
R
- RACI
- Range
- Regression Analysis-1
- Regression Analysis-2
- Rework
- Risk Priority Number (RPN)
- Robotic Process Automation (RPA)
- Root Cause
- Root Cause Analysis 1
- Root Cause Analysis 2
- Rolled Throughput Yield
- R-Squared
- R-Squared Adjusted
- Rational Subgrouping
- Run Chart
-
S
- Sample
- Sample Size-1
- Sample Size-2
- SCAMPER
- Scope Creep
- Secondary Metric 1
- Secondary Metric 2
- Segmentation
- Sensitivity Analysis
- Seven Wastes of Lean
- Shojinka
- Sigma Level-1
- Sigma Level-2
- Simpson's Paradox
- Single Piece Flow
- SIPOC
- Six Sigma
- Skewness
- SMED
- Spaghetti Diagram
- Special Cause
- Special Process
- Special Requirement
- Specification Limit
- Spread
- Sponsor
- Stable Process
- Standard Deviation
- Statistical Significance
- Stop Gap Arrangement
- SWAG
- Swim Lane Mapping
- 6S
T
- Takt Time 1
- Takt Time 2
- Time Series
- TIMWOOD
- Tollgate Reviews
- Trends
- Tribal Knowledge
- Turing Test
- Type I Error
- Type II Error
U
V
W
X
Y
Z
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