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3x - PARETO principle examples, Pareto principle examples in real life, Pareto method - YouTube
Channel: Six Sigma Mania
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welcome to six sigma mania. you are able聽
to improve eighty percent of processes聽聽
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by using twenty percent of tools from six sigma聽
toolbox. eighty percent discrepancies are created聽聽
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by twenty percent of services, and eighty percent聽
of your success comes from 20 of your efforts.聽聽
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pareto ruled thus is great helper in decision聽
making it is focusing on most important things and聽聽
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reducing stress. let me share with you some pareto聽
analysis examples. this is a DMAIC tool list i put聽聽
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together while ago. there are quite a bit of聽
tools and methods listed right but i say and聽聽
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i say it based on my long years experience that聽
by few of them you can improve almost everything聽聽
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there are total about 40 main tools listed聽
so by using eight of them you can win the day聽聽
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and here they are project charter process mapping聽
waste walk list of measures value added non-value聽聽
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added research root cause evaluation solution聽
implementation and detailed implementation plan聽聽
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i call them main tools, that can contain subtools.聽
have you noticed that there is no heavy statistics聽聽
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at all? statistics scares people the most on聽
six sigma but there is nothing to be afraid of聽聽
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show tools is pretty easy to learn and use i聽
repeat to use these tools over and over again聽聽
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imagine this you can improve current malfunction聽
process by eighty percent using these twenty聽聽
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percent tools what a great progress isn't聽
it do not seek perfection in your projects聽聽
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discrepancies example to understand where聽
to direct our focus some measurement must聽聽
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be done every discrepancy is a waste because聽
rework occupies production capacities identify聽聽
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discrepancy immediately after occurrence聽
by shorter name add deeper description to聽聽
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have more details for later investigation if聽
required shorter name will be used for pareto聽聽
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sometimes happens that people use different聽
words during discrepancy identification聽聽
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that is okay just make sure discrepancies are the聽
same so you can unify names later like diameter a聽聽
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undersized and dimension a undersized聽
we can create a current distribution聽聽
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by naming and counting each discrepancy once we聽
have it we can simply create pareto distribution聽聽
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discrepancies identified by same name聽
will be put together in create column聽聽
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each column represents discrepancy column high聽
is discrepancies count notice that there are聽聽
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challenges with diameter a and b undersized and聽
oversized we can merge both together because聽聽
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there is huge similarity in it more similar data聽
will help with better root cause identification聽聽
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it is important to make sure that causes creating聽
discrepancies under one name are really the same聽聽
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now it is more than obvious what is most聽
important troublemaker team must focus on聽聽
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very important area for pareto rule implementation聽
is personal goals definition by identifying most聽聽
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important long-term aims we can focus on聽
activities leading to achieving those goals聽聽
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we should pay attention to our habits the thing聽
is that those less efficient habits have tendency聽聽
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to grow at the expense of more efficient ones聽
identify one but maximum two main goals you want聽聽
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to reach list all your activities you do daily聽
under mark ones that have direct effect on the聽聽
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goal the main topics of your day these activities聽
will be ones you will focus on first every day聽聽
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until goal is reached that does not mean that聽
less important activities you will not do聽聽
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no but you will work on them once聽
main daily topics are finished聽聽
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it will be much more easier and less stressful for聽
you to postpone not finish less important topics聽聽
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described approaches are applicable聽
in all businesses or personal life聽聽
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in finances twenty percent products聽
delivers eighty percent revenue聽聽
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in improvements eighty percent innovations comes聽
from twenty percent employees eighty percent of聽聽
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decisions are done in twenty percent of meeting聽
time in youtube channel 20 videos deliver 80聽聽
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subscribers 20 of your clothing you were 80 of聽
time so reduce stress improve work life balance聽聽
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reach your goals easier let me know how pareto聽
rule saved your time money improved your life
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take a look under the video聽
where you find a link to my blog聽聽
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you can download pareto excel template聽
for free use it share it if you find聽聽
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this video helpful give us a like do not聽
hesitate to post your comments questions聽聽
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or themes you are interested in to聽
see on this channel have a great day
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