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World class performance

The Six Sigma process can be used to benchmark the capability of a validation process and hence indicate the significance of any opportunity for improvement. Average capability is characterized by a Three Sigma performance. Six Sigma indicates a world class performance anything beyond Six Sigma is not considered cost-effective. ... [Pg.430]

Scheuing EE, Scheuing E. Value-Added Purchasing Partnering for World-Class Performance. Crisp Management Library. 1998. [Pg.322]

Total Quality Management (TQM) An approach that involves aU employees in continually improving products and work processes to achieve customer satisfaction and world-class performance. TQM is generally associated with bottom-up incremental improvement. [Pg.556]

Walleck, S. A., O Halloran, D. Leader, C. A., Benchmarking and World Class Performance, The McKinsey Quarterly (1991). [Pg.30]

The inability of most organizations to attain world-class performance lies in their inability to create and effectively manage change. They fail to recognize that business enterprises exist to create change [5]. [Pg.110]

Hafey stresses that in the processes of mapping operations as they are and mapping operations as they should be to reduce waste, safety must be an integral consideration. He defines lean safety as the application of both lean tools and management philosophy to create a continuous improvement safety culture. The need for an organization s culture to consider safety as a value to achieve a world-class performance level is emphasized. Hafey writes ... [Pg.479]

A little more than a decade ago companies were urged to attain so-called world class performance within the enterprise. The departments within companies were striving for islands of excellence and then with a succession of operational excellence initiatives (e.g. TQM, BPR, MRPn and Six Sigma) the walls between departments were gradually demolished. Organizations started to become customer focused with established performance metrics in aU areas of the business (e.g. Balanced Scorecard ). However, it is fair to... [Pg.330]

Best practice Best practice refers to any organization that performs as well or better than the competition in quality, timeliness, flexibility and innovation. Best practice should lead to world class performance. [Pg.380]

European Eoundation for Quality Management (EFQM) It is derived from the American Malcom Baldridge Quality award. It is an award for organizations that achieve world class performance as judged by independent auditors against a checklist. The checklist is detailed and extensive and covers leadership, people management, policy and strategy, partnerships and resource, processes, people satisfaction, customer satisfaction, impact on society and business results. [Pg.382]

Colvin, Geoff. 2008. Talent Is Overrated What Really Separates World-Class Performers from Everybody Else. Penguin Group New York, NY. [Pg.119]

To achieve and sustain world class performance, we must develop strong capability in operational excellence throughout (Company B). This requires active leadership and the entire workforce to be engaged. We must develop a culture where everyone believes that all incidents are preventable and that zero incidents is achievable. With engaged and committed leadership, effective processes and an OE culture, we can achieve our objectives in operational excellence. [Pg.36]

This document provides an overview of the OEMS, our standard approach for achieving world class performance. It includes general guidance for the implementation and operation of the OEMS. More detailed guidance can be found on the Operational Excellence Website and within OE documentation, the Leader s Guide to the OEMS and in the online OE Certification modules. [Pg.36]

Excellent process safety performance is being realized and is supported by advanced, rigorous, robust integrated and sustainable systems. Mi t be considered World Class performance operation. Systems Healthy to Healthy and Sushunable (Sushunable s tems must be able to demonstrate a continuous improvement element or elements - the act/adjust portion of the Plan, Do, Check, Act/At ust cycle (i.e., audits, metrics for performMice/effectiveness verification, gap identification, etc.)). [Pg.200]


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