DMAIC is the problem-solving methodology behind Lean Six Sigma. As a cycle, it consists of five vital actions:
PROJECT SELECTION IS CRUCIAL FOR SUCCESS
Before beginning any process improvement project, it’s vital that you choose projects that are good candidates for improvement. This will set you up for success. A good project for improvement will always:
- Have an obvious problem within the process
- Have the potential to result in increased revenue, reduced cost or improved efficiency
- Have collectable data
Continue reading “The DMAIC Cycle – 5 Phases of Lean Six Sigma”
Last year marked a milestone for the country’s youngest generation of workers, commonly known as millennials: They overtook baby boomers as the largest workforce segment in America. Employers should be ecstatic that elevated rates of retirement are positioned to be offset by an influx of younger, energetic, tech-savvy workers ready to stimulate productivity.
But in the construction industry, firms continue to wrestle with skills shortages as older workers in occupational categories such as welding and carpentry retire in large numbers with their potential successors disproportionately pursuing jobs in industries such as finance, professional services and health care. In 2002, 11 percent of construction workers were aged 55 or older, according to data from the Bureau of Labor Statistics. By 2015, this share exceeded 20 percent, per the Current Population Survey.
What’s more, despite massive growth in the population of twenty-somethings in recent years, by 2015 the fraction of construction workers between the ages of 20 and 24 was around 7 percent—down from 11 percent a decade ago.
This is hardly where millennials’ impact on construction ends. Continue reading “How Millennials Have Shaped the Construction Industry”
Construction Unemployment Rates Improve in 24 States
WASHINGTON, June 28 – In May, not seasonally adjusted (NSA) construction unemployment rates were down in 24 states on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). At the same time, the construction industry employed 192,000 more workers than in May 2016, according to data from the U.S. Bureau of Labor Statistics (BLS), and the national NSA construction unemployment rate was 5.3 percent, up 0.1 percent from a year ago.
Continue reading “Nearly 200,000 Construction Jobs Added Since May 2016, ABC Says”
The industry is broken.
Construction labor efficiency and productivity has decreased, while all other non-farming labor efficiency has doubled or more since the 1960s.
Currently, 70% of projects are over budget and delivered late. The industry still sees about 800 deaths and thousands of injuries per year.
Continue reading “70% Of All Construction Projects Are Over Budget & Delivered Late”