Jump to content

Ashok Ghodke

Lean Six Sigma Black Belt
  • Content Count

    4
  • Joined

  • Last visited

Community Reputation

0 Average

About Ashok Ghodke

  • Rank
    Newbie

Recent Profile Visitors

121 profile views
  1. Analysis Paralysis and When an individual or group of people spent too much time on Overanalyzing/Overthinking on a situation which delays the process of decision-making is called as Analysis Paralysis. This may happen when situation is too complicated, and Decision-Maker wants to take the perfect decision to tackle that problem. So, in the process of finding perfect solution they miss to take any decision which may lead to larger problem. Extinct by Instinct When any decision which is taken in hast or by gut feeling that is called as Extinct by Instinct.
  2. 1. What is filter bubble? Ans. Filter bubble refer to an intellectual isolation of a person point of view. This can happen by using algorithms by assuming what person would like to see basis his click behaviour and browsing history. By presenting such information repeatedly to a person then that person may never come across contracting view point which will lead in to his intellectual isolation. 2. U.S. presidential election in 2016. During U.S. presidential election in 2016 few experts observed that filter bubble situation was created on social media especially on Instagram and Facebook basis ideology because of which people were kept deprived of other point of views which led some population lean towards particular candidate (to be precise Donald Trump). To avoid such situation which may have impact on democratic process, experts have suggested that social media should proactively recommend content to people that lies outside one’s filter bubble so people can make informed decision. 3. “Filter Bubble” applications in Business World? Filter bubble can be used very effectively in E-commerce industry. Due to filter bubble, company does not have to spend tons of money on marketing to find the prospective buyer for their product. Basis Filter bubble your product will be shown to a person who already has an interest which will lead in to more sales and profit.
  3. Paynter Chart: Paynter chart is combination of Pareto Chart and Run chart. Ford developed this chart and other companies started adopting the concept gradually. Benefit of Paynter chart: It gives insight of variation with various other dimensions We can simple create a pareto chart, group the data points into subgroups and then add required additional variable (viz time) to it. Pareto and Paynter Comparison: Similarities: Pareto Chart Paynter Chart Both used as a part of Corrective Action Process We will be able to identify Vital Few in both the charts Based on Pareto principle, 80/20 rule Both are used when there are many problems and when we wanted to focus on few/most significant metrics Differences: Pareto Chart Paynter Chart Results: Vital Few and Trivial Many parameters Results: Vital Few, Trivial Many parameters, variations, subgroup data points Displays individual pareto bars Displays sub grouped pareto bars Will be able to visualize Vital and Trivial defect contributors Will be able to visualize long term corrective actions Variations: Weighted pareto chart, Comparative pareto charts Variations: Sub grouped parameters based on the selected variable
  4. "Very informative and enlightening course. Trainer's knowledge about the subject is superb!" Ashok Ghodke, Vendor Contract and Purchase Order Administrator, Maersk Line India Pvt Ltd
×
×
  • Create New...