Glossary Terms Archive

Efficient Allocation of Resources in Lean Six Sigma

Efficient allocation of resources in Lean Six Sigma means assigning people, budget, and time to the improvement projects that deliver the greatest business impact relative to their cost. In practice, this means matching Black Belts, Green Belts, and budget to a...

Dispersion in Statistics: Measures, Formulas, and How to Choose

Dispersion is how spread out a set of data points is around its central value, and it’s one of the two most important things to know about any data set, alongside the average itself. It matters because two processes can have the exact same average and still...

Countermeasure: Definition, Examples, and How It Differs From a Fix

A countermeasure is a temporary or interim action taken to offset, contain, or neutralize a problem without necessarily removing its root cause. In Lean Six Sigma, this is the detail most glossaries skip: a countermeasure buys a team time and protects the customer...

Corporate Vision

A strong corporate vision is the compass that guides a company towards meaningful, sustainable success. Whether launching a startup or leading a global enterprise, developing a compelling vision statement helps align stakeholders, drive strategy, and inspire...

Catchball in Hoshin Kanri: How It Works and Why It Matters

Most organizations have a strategy. Far fewer have a reliable way to turn that strategy into aligned action at every level of the business. Leadership sets ambitious goals. Middle managers translate them — imperfectly — into department targets. Frontline teams receive...