Ride the wave of ‘Wellness’ to Financial Freedom!

Written by Lynda Lock


Ever wished that you’d timed things a little better so that your income was on par with that of Bill Gates? Perhaps you ponder how life would have been different had yourepparttar ability to seerepparttar 103259 big picture that Henry Ford saw –repparttar 103260 NEED for automobiles, even when there were obstacles such as no roads and no gas stations to overcome in order to achieve this dream.

Had you this same ability to “think big” life could be very different right now.

Unfortunatelyrepparttar 103261 majority of us missedrepparttar 103262 opportunity to earn ASTRONOMICAL income levels from these trillion dollar industries, which themselves spawned trillion dollar industries, because we were either unaware ofrepparttar 103263 opportunity or we chose not to take a risk. A risk that could have catapulted us to a level of wealth unlike we could ever have imagined.

Perhaps it was hard to imagine that automobiles and personal computers would have generated such astounding sales when, atrepparttar 103264 time of their creation, they were in no way a necessity of every day life. However, there were people withrepparttar 103265 valuable gift of foresight who dared to dream and who today are living a life most of us can only experience in our heads.

Until now that is.

Currently, each and every one of us is positioned to make a fortune - to take advantage ofrepparttar 103266 next market boom. A boom that could see us living a life free ofrepparttar 103267 many worries we face today. Whether we choose to take this opportunity, or let it pass us by as others have, is entirely up to is.

If you haverepparttar 103268 desire and determination to create a future void of financial worries and time constraints, then this article could very well changerepparttar 103269 path of your future forever.

You’re probably wondering whatrepparttar 103270 next opportunity is. How can you cash in this time around? Have you heardrepparttar 103271 term Wellness? Wellness is defined as "Products and services provided proactively to healthy people to make them feel even healthier, look better, to slowrepparttar 103272 effects of aging and to preventrepparttar 103273 development of disease". Unlikerepparttar 103274 “Healthcare” industry (more appropriately,repparttar 103275 “Sickness” industry) Wellness is about prevention rather than cure – it is proactive rather than reactive.

Renowned economist Paul Zane Pilzer has predicted thatrepparttar 103276 Wellness industry is set to increase from $200 billion annually to $1 trillion dollars annually by 2010. In it’s short 20 year historyrepparttar 103277 Wellness industry has generated annual sales that have reached half of those ofrepparttar 103278 automobile industry already – a 500% growth - not bad for an industry that’s in it’s infancy and is virtually untapped. 20 years from nowrepparttar 103279 growth will be phenomenal!

Six Sigma Tools for Process Control

Written by Chris Anderson


Part 4 of a Four-Part Series

Part One: Process Improvement

Part Two: Core Processes

Part Three: Process Mapping

Aim for perfection.

That’s a pretty lofty concept. It’s definitely not easy – especially when speaking of core business processes. Moving toward perfection requires measurement, analysis and documentation. And if you really want perfection, then you need more sophisticated tools. But is driving toward that ideal of perfection worthrepparttar effort?

If you want to increase quality and dramatically save costs in production, then, yes,repparttar 103258 road to perfection is definitely worthrepparttar 103259 driving time.

Forward Steps, Quality and Processes

Last time, we discussed process mapping to increase communication and understanding within an organization and to effectively develop a system of procedures. Now, let’s take a forward step, and look at how Six Sigma tools can decrease variability and increase quality in your processes.

Six Sigma, Pyramids and Systems

The Six Sigma methodology is an advanced set of tools designed for problem-solving and quality improvement. A 'sigma' refers torepparttar 103260 standard deviation fromrepparttar 103261 mean of a population. Standard deviation indicatesrepparttar 103262 likelihood that your next data point will deviate fromrepparttar 103263 mean ofrepparttar 103264 data set.

Atrepparttar 103265 bottom ofrepparttar 103266 Six Sigma pyramid begins a system’s current process capability. Usually at 1 or 2 Sigma levels is “tribal” knowledge based on first-time experiences. An organization moves uprepparttar 103267 pyramid to 3 Sigma as systems are put in place. To hit 4 Sigma, statistics and modeling tools are used for significant process improvement. And, finally, to aim for that near perfection, organizations apply DFSS, or Design for Six Sigma.

Why?

Measurement, Analysis and Documentation

Why do (and should) organizations use these concepts to move uprepparttar 103268 pyramid and toward quality improvement? Why is it necessary to measure, analyze and document processes – and, if needed, make those desired changes? Why drive toward perfection, and what does it mean in real terms?

If your current process capability runs at 1 Sigma, then that effectively means you have two defects (unusable products) out of every 3 parts. That means 67% of your costs simply become waste, with no return on your investment. At 2 Sigma, quality improves with 1 out of 3 parts as defects. But that still has an error rate of 33%. Not until 3 and then 4 Sigma levels will you see dramatic improvements. Put in these terms, you quickly see how such errors keep you from realizing a greater potential.

Transactions, Multiple Steps and Tolerance

Cont'd on page 2 ==>
 
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