Vishwadeep Khatri

The winners for this question are Ram Rajagopalan and Shahikant Adlakha. All published answers are acceptable too. Please go through the response by Benchmark Expert Venugopal as well. Kindly note that your anwer may not show as published if it has plagiarism more than 5%. You can do a self check on plagiarism by pasting your response at https://smallseotools.com/plagiarism-checker/

Q 257. Reporting bias leads to incorrect data analysis. What are the different types of reporting biases and how can an organization safeguard itself from reporting bias? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

Hi Bob, Thanks for your response. Here is my suggestion - Instead of looking for an end to end DMAIC case study in your areas of interest, you may look for examples in following areas - Use of DOE in power tools. Simulation driven optimization in Inventory Management Systems. Creativity and Innovation in Inventory Management. Using Theory of Constraints for inventory flow improvement. Using Lean for Inventory Management. Use of RPA/ AI in Inventory Management. We have built our Business Excellence Master Black Belt program which integrates (or links with) the above approaches.

Q 256. How does Monte Carlo Simulation help in Risk Management? Provide a few examples to explain your views. Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

While all responses are valid and aceptable, well articulated 10 Do's and Don'ts have made Mohamed Asif the winner this time.

Q 255. It takes just 2 minutes to effectively put your ideas through. What is an elevator pitch and how should one be prepared for it? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

Q 254. The Ansoff Matrix helps businesses grow beyond 'Business As Usual'. What are the elements considered in this matrix? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

Q 253. SERVQUAL model has been described as the most popular standardized questionnaire to measure service quality. What is this model and elaborate how its 5 dimensions relate to service industry? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

Hi Barath, One needs to carry out statistical analysis if it is needed. If you knew the solution and you implemented it, and it is working well, are you trying to relate it with DMAIC or Six Sigma? The idea behind learning Lean Six Sigma (or Business Excellence approaches) is to have the wisdom to understad what works in a given situation and how to modify our approach, if needed. Before you use a statistical tool, you should have an objective to use it. I am not sure if you have gone through a DMAIC based program. If not, please go through a training and you will learn about sequences that make business sense.

Hi, The link you have provided does not relate to inventory management. It leads to "Understanding lifetimes and failure modes of defective washing machines and dishwashers". Please provide the correct link.

Ajay Sharma has explained the effect well. Natwarlal has given five situations for applications. Ram Rajagagopalan has explained some strategies. All three are winners for this question.

Q 252. PICK chart is used for organizing and categorizing process improvement ideas in Define phase. Explain the usage of PICK chart with examples. Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

Q 251. Benjamin Franklin quoted in his autobiography: "He that has once done you a kindness will be more ready to do you another, than he whom you yourself have obliged". What is the Ben Franklin effect and what are the practical applications of this in a business scenario? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

Very good answers by Shashikant Adlakha and by Ajay Sharma. Ajay has extended the concept to several business areas like corruption, quality certification, technology usage, and to non business social areas like literacy and diseases. Ajay is a winner for this question for his broad outlook.

Responses from Shashikant, Natwarlal and R Rajesh are all appropriate. R Rajesh has explained Kanban, Scrum individually followed by their differences, has explained why Scrumban was needed and what are the benefits. This detailed and organized effort makes him the winner for this "Scrumban" question. Please review the response by Benchmark Expert, Venugopal as well.

Q 250. What is "herd immunity"? How does the concept of "herd immunity" apply to online security? Where else is this concept applicable in business? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

Q 249. Scrumban is an Agile development methodology that is a hybrid of Scrum and Kanban. What are the key benefits that large Agile teams can derive by combining both methodologies? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

Natwarlal has provided the correct logic and near accurate answer. He is the winner for today.

Q 248. We have been doing forecasting for Coronavirus global new cases for several days on Linkedin and Forum - https://www.benchmarksixsigma.com/forum/topic/36002-corona-forecasts-and-status/ Try to describe the model (equation) behind the forecasts for 26th and 27th March. The most accurate answer wins. Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

While all responses are valid, I find Vijay Krishnan's response as the winner because it is showing the challenges a business is facing on real time basis and thoughts that the leadership is having at this tough time. Please go through detailed response by Benchmark Expert Venugopal as well.

Ram Rajagopalan and Shashikant Adlakha, both have provided very good answers and are joint winners.

Q 247. A major threat to businesses and individuals right now is the outbreak of Pandemic due to Coronavirus. What kind of changes/ decisions/ approaches are supported by data/evidences/sound business logic as emergency response actions to the Pandemic? Answer this question from the point of view of individuals as employees. Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

Q 246. A major threat to businesses and individuals right now is the outbreak of Pandemic due to Coronavirus. What kind of changes/ decisions/ approaches are supported by data/evidences/sound business logic as emergency response actions to the Pandemic? Answer this question from the point of view of business owners/ leaders. Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term

Both Shashikant and Natwarlal have provided good answers. Natwarlal has differentiated the use of CI and PI clearly with his examples. For that reason, Natwarlal is the winner for this question.

Q 245. Fuel indicator in a car is not a mistake proofing device. Rather it is a visual control. How do you differentiate between the two? Under what circumstances will you prefer to use a visual control rather than mistake proofing? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening 5 PM as per Indian Standard Time. Questions launched on Tuesdaya are open till Friday and questions launched on Friday are open till Tuesday. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term