Transcription of Key Performance Indicators, Six Sigma, and Data Mining
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Key Performance Indicators, Six Sigma, and Data Mining
WHITEPAPER Key Performance Indicators, Six sigma , and Data Mining Data Driven Decision Making for Financial Institutions 2 Table of Contents Executive Summary .. 4 Key Performance Indicators: Frameworks for Action .. 6 Productivity Improvement Drives Wealth Creation .. 6 Metrics Matter .. 6 What Gets Measured Gets Done .. 8 Creating Relevant Metrics .. 9 Creating KPIs and Tracking Performance Against Them .. 9 KPIs As Opportunity Areas ; Six sigma Fit .. 10 Six sigma Overview .. 11 Six sigma Business Value Benefits and Methodology .. 11 The Expanding Orbit of Six sigma Related To KPIs .. 13 DMAIC in the Expanding Six sigma Environment .. 16 Putting Business Processes Under The Six sigma Microscope .. 17 Illustrative Business Processes Affected By Six sigma (By Function) .. 17 Illustrative Business Processes Affected By Six sigma (By Industry) .. 19 Integrating KPIs and Six sigma .
Key Performance Indicators” or “Balanced Scorecards” incorporating both financial and nonfinancial measurement categories to - achieve operational and strategic goals are a common “top down” management objective.
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