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What Are the Key Objectives of a Good Internal Audit System?
What is Internal Audit System? A good internal quality audit system is a fundamental element of ISO 9001. In essence, it can be considered as a self-assessment or analysis to ensure internal procedures are [...]
What Does a Histogram Show and Why Is the Information Useful?
What is a Histogram? In a set of data, how often each value is present is shown in a frequency distribution. Now in order to show frequency distributions, the most commonly used graph is [...]
Fishbone as a Root Cause Analysis Diagram
Description Root cause analysis is often the progressive approach taken up by many organizations, willing not only to survive but to thrive at the same time. Identifying what the real issue is behind a [...]
How to Draw a Pareto Chart and What It Will Show
Pareto chart is simply a basic quality tool to help identify frequent defects, complaints, or other factors as part of a data analysis study. It is a deceivingly simple concept which can have huge [...]
Driving and Restraining Forces in Field Force Analysis
In our life, we often come across a point where we have to make a tough decision for ourselves such as starting a new chapter or embrace a change. At that point, we sometimes [...]
What Is the Difference Between Internal Audit and Internal Control?
While working in an organization and being involved in business risk management or lean methodologies, you often come across similar terms that hold completely different meanings. Similarly, there is confusion between internal audit and [...]
How to Implement Kaizen in an Organization
Kaizen is continuous improvements where changes are required in organization’s processes. The approach could either be a one time implementation or a step by step change over time. One of the top benefits provide [...]
Using the 5 Steps of Problem Solving
Whether you are student, businessman, worker or professional and whether in school, workplace or office, everyone will face problems in some shape or form. You will often be required to solve them as part [...]
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