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Chapter 24: Applying Statistics to Business Applications through Six Sigma…
Chapter 24: Applying Statistics to Business Applications through Six Sigma
Common Challenges
Lack of Statistical Understanding
Derailment by Statistical Questions
Audience Disinterest
Statistics Overload
Why include some statistics?
Business goals
: Six Sigma aims to align statistical analysis with business objectives.
Support decisions
: Use statistics to measure and make business process improvements.
Credibility
: Statistics provide credibility to conclusions and results.
Tips for creating business- friendly presentation
Keep it simple
Use graphics
Create a narrative
Avoid overuse of technology
Tailor to the audience
Understanding the Target Audience
General Management
Departmental Employees
Leadership teams
Different Departments
Tell a story with text and Images
Visuals:
Use graphs, charts, and images to support and explain data.
Concise Conclusions
: Provide clear, concise text conclusions aligned with visuals.
Question-Based Structure:
Start with a clear question, followed by data and visual evidence.