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What is Pareto Analysis? When to use a Pareto Analysis? How to Create Pareto Analysis in Excel 2016? What is 80:20 Rule?
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Pareto Analysis Masterclass: Complete Guide to 80:20 Rule
Are you looking to not just learn but also become an expert in Pareto Analysis? If your answer is “Yes,” this is the course that you are looking for. Pareto Analysis is based on the 80:20 rule that states 80 percent of the problems are due to 20 percent causes. Your job is to identify those 20%causes and eliminate maximum number of problems your organization faces. To do this, you need to have hands-on expertise to use the right tools. And the right tool is: The Pareto Analysis. Pareto Analysis has been in existence for over a century, but still proves to be an extremely useful tool even today. Pareto Analysis is also considered one of the most critical tools and is included in the Seven Basic Tools of Quality. Whether you are working in manufacturing or service, the Pareto Analysis will help you identify the root-causes for any business problem. Pareto Analysis can be created in Excel or any spreadsheet that has the ability to produce bar and line charts. This tool, the Pareto Analysis, can be used as a standalone tool OR you can use it in projects too. Because this tool, Pareto Analysis, is simple to use, you can easily get trained on it and you can also train your team members to use it. Most organizations use the Pareto Analysis on a weekly (if not daily) to understand which key metrics are performing well and which are not. Having adequate knowledge of the Pareto Analysis and understanding it step by step will help you recognize the root-causes in your production or service processes. As you identify the problems using Pareto Analysis, you will be fully equipped to solve them and understand the solutions before implementing them. This Pareto Analysis Masterclass is filled with practical knowledge and easy to follow steps to guide you in creating your first Pareto Analysis. After completing this Pareto Analysis Masterclass, you will be able to master the ability to look at those vital few root-causes that are impacting your business process. Thus, you will be able to build efficiency, improve productivity, reduce idle time, reduce cost, and systematically improve customer satisfaction. Who is a Pareto Analysis Practitioner? A Pareto Analysis Practitioner is an expert who has hands-on expertise in analyzing data using the Pareto AnalysisDrives creation and use of Pareto Analysis within the organizationIs an expert at identifying critical root-causes and then eliminating themIs highly visible at all levels in his organization – from grass root to the top managementIs known for asking the right questions and being an excellent facilitatorBy executing a Pareto Analysis, a Pareto Analysis Specialist saves cost and improves processesAlso has the ability to coach and train other organization members to create an effective Pareto AnalysisDo You Want to become a Pareto Analysis Practitioner? You’ve just stumbled upon the most complete, in-depth online Pareto AnalysisMasterclass. This Pareto Analysis Specialization Training provides you a practical perspective to identify the root-causes. It provides you the right level of proficiency that enables you to be a hands-on expert who is capable to drive Pareto Analysis within your organization. What would you get after taking this course?Become a Pareto AnalysisSpecialistBecome a Problem Solver for your BusinessLearn to Identify Critical Root-Causes in Your Business ProcessDrive use of Pareto Analysis within Your OrganizationCoach Peers, Subordinates and Superiors on Pareto AnalysisLearn to Ask Right Questions and Enable the Culture of Process ImprovementDeliver Cost Savings by Using and Executing Pareto AnalysisBecome a pro at answering tough interview questions related to Pareto AnalysisGet access to 15 downloadable resources and 3 hours of on-demand video trainingWhat is covered in this Pareto Analysis Masterclass?What is Pareto Analysis?When to use a Pareto Analysis?How to create Pareto Analysis in Excel 2016?Multiple DIYExamples to create Pareto AnalysisThe Course is very well structured: You become an expert in analyzing data using Pareto Analysis There entire course is divided in 3 sectionsEach section is dedicated to a specific Pareto Analysis conceptThese concepts are taught in 10 lecturesEach lecture covers bite-sized information; easy to grasp and applyEach lecture consists of a video screencastEach section is well-rounded with:A section objective discussed at the beginningThen the concept is discussed at lengthThen examples are discussed to review concepts from practical perspectiveThere are ample number of activities for each tool taught in this trainingEach DIYactivity has a subsequent video lecture discussing the solutionfor self-evaluation There are over 15 downloadable resources which are comprehensive and pertinently cover everything you’ll need to become a Pareto Analysis Specialist No Prior Experience Needed ThisPareto Analysis Masterclass assumes that you have no prior process improvement background. With 60 minutes of on-demand video, over 10 lectures, over 15 supplemental resources, this comprehensive tutorial cover
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