The Art of Creating Pareto Analysis

The Art of Creating Pareto Analysis
Author :
Publisher : Independently Published
Total Pages : 40
Release :
ISBN-10 : 9798703551318
ISBN-13 :
Rating : 4/5 ( Downloads)

Book Synopsis The Art of Creating Pareto Analysis by : Rahul G Iyer

Download or read book The Art of Creating Pareto Analysis written by Rahul G Iyer and published by Independently Published. This book was released on 2021-02-07 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you looking gain complete expertise in Pareto Analysis?If you have answered this question as "Yes," this is the book for you. Pareto Analysis is also called the 80-20 rule. It states that 80 percent of the problems are due to 20 percent causes. This tool helps you identify those 20 percent causes and mitigate maximum number of problems in your business process. This requires you to have hands-on expertise in using the Pareto Analysis.Pareto Analysis is in use since 1890s. Even after being in use for over a century, this tool still proves to be extremely useful. If you have already studied the Seven Basic Tools of Quality, you will know that Pareto Analysis is listed as one of the key tools in those seven quality tools. The Pareto Analysis is a simple tool to use, but its applications extend beyond just the manufacturing or the service industry. You can create a Pareto Analysis in Excel or any spreadsheet. You can use Pareto Analysis as a part of your project management, process improvement, Lean Six Sigma project OR you can use this as a standalone tool too.Getting trained on Pareto Analysis is easy and your team members can pick up the right usage of this tool rather quickly. Pareto Analysis helps in root-cause identification. Hence, most organizations use it weekly (if not daily).Understanding how to use the Pareto Analysis in a step-by-step manner will help you identify the root-causes in your business process. Having complete knowledge of this tool is necessary for you to be completely equipped help resolve a business problem. This book is filled with thorough knowledge, practically designed, and easy to follow steps. It will help you create your first Pareto Analysis. After practicing the steps outlined in this book, you will master the skills to identify root-causes, increase efficiency, increase productivity, minimize idle time, minimize cost, and increase customer satisfaction.Who is a Pareto Analysis Specialist?1) A professional who has thorough knowledge of analyzing data using the Pareto Analysis2) Steer the use of Pareto Analysis in the organization3) An expert who knows how to identify root-causes and mitigate them4) An employee who is known across all levels in the organization for his ability to improve business processes5) A person who has the ability to ask the right questions6) An excellent facilitator7) A professional who can save cost and improve processes through his knowledge of Pareto Analysis and other such toolsDo you want to become a Pareto Analysis Specialist?If so, you have just found a book that is the most in-depth, thorough, and detailed Pareto Analysis handbook. This book provides you a practical perspective to help explore root-causes of any business problem. It provides you the required level of understanding that enables you to be a hands-on expert who can drive Pareto Analysis within your organization. What is covered in this book?1) What is Pareto Analysis?2) When to use a Pareto Analysis?3) Create a Pareto Analysis in ExcelAnd 4) Bonus Content: 3 Real Life Anecdotes of using Pareto Analysis and driving business success***No Prior Experience Needed*** This book assumes that you have no prior experience or expertise in Pareto Analysis. Start reading this book with an open mind. Practice creating the Pareto Analysis as outlined and you are on your way of creating your first Pareto Diagram. Whether you want to: 1) Start getting freelancing assignments and work from home, setting your own schedule and rates 2) Sharpen your process improvement skills to reach the advanced level 3) Simply start analyzing data with your first Pareto Analysis...this book is exactly what you need, and more. What are you waiting for? Hit the Buy Now button. Become a Master at using the 80:20 principle and start using Pareto Analysis!!!


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