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When a business is starting out, or has been operating but is not seeing a progression in growth and sales, the company will benefit from a product and development service such as Design for Six Sigma. This customer-driven process evaluates the procedures within the company and refines them to grow the top line and increase revenue. Many businesses have used Design for Six Sigma to find the holes in their processes, and to create and implement new strategies to grow their company. The service also offers training on some of the most beneficial software to improve the way businesses operate to stay ahead in their industry. Performance Optimization Sometimes a business needs an outsider to analyze their operations and suggest new strategies to increase sales, from an unbiased viewpoint. By comparing the business to top competitors in the market, and using their success as a benchmark to aspire to, the developing business can have a bar set to reach the standards and performance that they have been aiming to achieve. Financial Analysis A business will typically experience problems with either their growth or cost, and both factors are interconnected. A comprehensive financial analysis is a great start to determining the problems that the company is facing, and to start working toward the solution. A top to bottom analysis and comparisons to the leading performers in the industry, will tell where investments should be made to make the most out of annual expenditure, for the most beneficial return on investment. If a company requires more sales, then steps can be taken to formulate a new process toward success: • Strategy planning for ideal outcomes • Competitive assessment of the business • Market segmentation • Voice the customer process These steps are necessary for growing a business and increasing sales. Many small businesses have even doubled their annual revenue by employing Joe Ficalora & Associates to improve the way that sales processes are designed and implemented. Some business are not spending their budget in the right ways, and losing out on growth opportunities by leaking funds into unworthy ventures. Cutting costs is the ideal solution to this problem but a company also has to know where to cut costs, and what to re-invest in. Typically a product and development service can: • Lean out processes • Work on supplier planning and analysis • Defect reduction and elimination A business not growing may also have problems with their actual product. A service designed for product development can take a look at what is being sold, and find the flaws in the merchandise. After the problem has been discovered then re-design and a re-introduction back into the market can take place. All of these services help businesses by discovering the problems within their company, and designing new processes and products to bounce back stronger and more confident than ever before. Joe Ficalora & Associates offers Design for Six Sigma services to companies around the world. For more information visit, Joeficalora. Joe Ficalora & Associates provides consulting and six sigma training, six sigma development, Design For Six Sigma, voice of the customer etc. Which helps accelerate the development process of your business. For more information, please visit www.joeficalora.com.
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Design for Six Sigma, Voice of the Customer, VOC, DFSS, DFSS training, DFSS certification.,
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