Reference no: EM132518023
Assignment: 5 Whys and 5 Hows
In your self-improvement project you have been provided with the Likert survey as a quantitative tool for measuring performance by collecting and displaying data and monitoring your performance.
A qualitative tool, one used for generating ideas, setting priorities and determining causes, is the "5 Whys" to determine the root cause of a problem. The American Society for Quality" takes this tool a bit further by applying "5 Hows" to find a solution to the problem. To find out more, go to "5 Whys and 5 Hows" (ASQ).
Directions: 1. In a Word document, write down the AIM statement for your self-improvement project (topic, how much by when).
2. Drill down to the details of the problem by successively asking five times what and why. Start with: "why is this a problem" and ask four more whys. Identify each contributing factor to the problem along with the final root cause.
3. Upon determination of the root cause(s), use the 5 Hows method to develop actions to solve the problem. Keep asking how until you find a root solution that resolves the root cause.
4. What insight did you gain from this exercise? Was the root cause what you expected? Why or why not? Where there more problems identified?
5. In what way do the recommended actions (the hows) relate to the changes you have implemented? Exactly how?
(Total Length: 250-350 words).
Information regarding above question is attached below:
Attachment:- Assignment.rar
Summarize main principles of ethics
: In a 250-350 word essay, summarize the two main principles of ethics discussed in the text. Explain the composition and role of an ethics committee.
|
How much will accumulate at retirement after years
: $45,000 in year three, and $30,000 in year four. Nike's required rate of return is 8%. What is the net present value of this project to the nearest ten dollars?
|
Review a small to medium size company compensation plan
: To review a small to medium size company's compensation plan. Examine the company's compensation philosophy and measure the compensation plan
|
It is only excess profits that are wiped out by comp
: It is only excess profits that are wiped out by comp competition. Mangers get paid for their work, owners get a normal return on capital in competitive long run
|
What insight did you gain from the exercise
: What insight did you gain from this exercise? Was the root cause what you expected? Why or why not? Where there more problems identified?
|
Examples of globalization
: What examples of globalization can you identify within Chicago? How would you classify each of these examples (as international investment
|
What was the initial value gained by investor
: A 7-year corporate bond has a yield of 9.5%. The default risk premium is 1.2% and liquidity premium is 0.4%. What would be the yield on a 7-year Treasury bond?
|
Who may lawfully establish paternity to a child
: Pursuant to Florida Chapter 742, who may lawfully establish paternity to a child through legal action? Identify your legal authority and fully explain
|
Should appear in entity financial statements for the year
: An entity receives rent, What figures, based on these receipts, should appear in the entity's financial statements for the year ended nov. 30, 2018?
|