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Incre as e you r R E S U M E / V
                               C
               Valu e
             Th rou gh
         E F F E C IE N C Y
& P E R FO R M AN C E M E TR IC S
   B y Nayeem C howdhury
Know your value
Breaking down value bullets!

V = idea, process, service, or task one created, managed,
or supported, through technical, interpersonal tools which
improved organizational value and performance.


 1. Reduced project cycle time (# of mnths / days
   / yrs)
 2. Saved $$
 3. Made $$
 4. Maintained business
 5. Created Business 
Value Adds
    Level of Influence                        Name Recognition
   # of managers                            Name & numeric value of project 
   # of students in academic project         working on: ex. $200 MM BP North Sea
                                              Drilling Project, $5 million dollar grant
   # clients                                 project with University of Texas, Austin,
   # (internal/external) customer            Petroleum Engineering Department,
    groups                                    research study for collaboration with
   # projects you either supported or        Chevron.
    managed.
                                             Name of clients or customers you 
    Technical Tools & Training for            worked with (Organizations/University) 
    Success:                                  you worked with: ex. Exxon, Shell, BP,
   Information technologies: used and        Bechtel, Citi Group
    some how improved a process
   Ex. Primavera, Ansys, Hysis,             Were you a big fish in a small pond, or
                                              small fish in a big pond – Group or
   QuickBooks SAP, Oracle, MS access,        company size.
    excel, Orcaflex, AutoCad, Pipesim,
    PRO E, Solidworks, AB, Wonderware        Status: if Green Card holder / US 
                                              Citizen, make on the header of resume.
Understanding and present
process knowledge
   Quantify - engineering process objectives.

   Estimate - impacts we can expect from new and changed 
    engineering processes.

   Measure - in practice the impact of new processes.

   Identify - good or bad processes, based on results your 
    previous projects.
10 Processes Principles
1.   Processes are ‘good’ if satisfy the organizational objectives.

3.   Usefulness for process decline or disappear when org objectives 
     change or are satisfied by other means.

5.   Processes equivalent in performance effects can be distinguished 
     by use of the limited, budgeted resources (for example, human 
     resources, financial costs and time).

7.   Process efficiency estimated by (value to cost ratio) of process 
     based on experience with it, or similar processes; no certainty of 
     process impacts until measured within organization.

9.   Because process measured efficient once doesn’t will not always 
     change for better or worse over time in different scenarios.
10 Processes Principles (cont.)

 6. Malpractice possible if process doesn’t meet estimated levels of 
    efficiency.

 7. Processes should be implemented early in small steps and their effect 
     measured before scaling up.

 8. Process impacts always be on multiple critical organizational 
     performance and cost characteristics; must not evaluate in a single 
     dimension alone. 

 9. Justification of process should rationally be efficient effects on 
     organizational objectives. Process never can be mandated as ‘best 
     practice’, should forever be monitored for its justification. 

 10. Before implementation of new process, the resources to implement and 
    maintain should be created by conscious and specific removal of less 
    efficient processes that it will replace.
Organizational Objectives to 
Measure Your Deliverables
   Time to Market
   Predictability of Time to Market
   Lead Time
   Productivity
   Quality Levels
   Transportability (Outsource ability)
   Competitiveness
   Risk Avoid ability/Controllability
   Prioritization Ability
   Customer Satisfaction
Time to Market 
Scale: Time from Product Concept Approval to availability
on defined [Market]

 Predictability of Time To Market:

    Scale: Percentage (%) overrun of actual Project Time compared to 
     planned Project Time. 

     Project Time: Defined: Time from the date that Toll Gate 0 (TG0) passed, 
     or other defined [Start Event] to the Planned- or Actually- delivered Date 
     of all Specified Requirements. 

    Specified Requirements: Defined: Written approved quality requirements 
     for products with respect to planned and constraint levels with qualifiers 
     [when, where, conditions]. And, other function, resource and design 
     requirements.

    Meter: The Productivity Project or Process Owner will collect numeric 
     data, concerning the required levels on this Scale, from all projects, or 
     make appropriate estimates, and put them in the Productivity Database.
Lead Time 
Scale: Months from TG0, to first use for
 major workstation package.

Scale: Average Time from defined
 [Inception Point] until defined [Delivery
 Point].
Productivity
Scale:
 Net Profit per financial year derived from
  defined
 [New Products or Services]
Quality Levels 
Scale:
 Percentage (%) +/- deviation from defined
  [Agreed Quality Attributes].
Process Transportability
Scale:
 The cost as a percentage (%) of affected
  persons Gross Annual Cost, for successfully
  learning to deploy a defined [Process] to a
  defined [Capability Level].
Competitiveness 
Scale:
 Average percentage (%) impact on a defined
  set of [Competitiveness Measures] within a
  year from First Deployment in a defined
  [Organization].
Risk Controllability 
Scale:
 The percentage (%) probability that defined
  [Project or Product Requirements] can be
  delivered within defined [Percentage of
  Target Levels] under conditions of defined
  [Risks].
Prioritization Ability 
Scale:
 The average speed in Days that a new
  [Priority Item] can be effectively acted upon.
Customer Satisfaction 
Scale:
 Average survey result on a scale of 1 to 6
  (best).
Table 1: Example - client’s initial draft setting objectives that
engineering processes must meet.




 Rt side table shows objectives related to defined senior management financial planning
When organizational objectives change, or are satisfied by
other means, the usefulness of a process may decline or
disappear. 

Organizational objectives (called business objectives in the tables):
•  Subject to pressures demand constant tuning, updating and even radical change 
   ASAP. 
•  Simple enough to change target number and due dates in a set of objectives.
•  Stopping process change ‘ship in mid Atlantic’ is another problem. 
•  Major investments in contracts and training may have been set in motion, which 
   may of become obsolete.

Arguments for implementing processes considerations:
  Highest value-to-cost processes first, which measures a notion of ROI (Return On 
   Investment)
  Highest risk-of-obsolescence processes last
  Understand the volatility of the objectives target levels to determine that risk.
  Large and costly processes need to be decomposed into smaller, early
   implementations, and high-value low-volatility sub-processes need to be 
   prioritized. 
If Processes equivalent = 
     performance
    Distinguished by:
    Use of the limited, budgeted resources (ex. human resources, financial costs 
    and time).

    Primary consideration for a process is ability to help reach target 
     levels. 
    Interested in its contribution to achieving goal and stretch levels for 
     the business objectives (see Table 1). 
    If target not reached does not matter how cheap it is. 
    Second consideration is that the costs for all types of resources are 
     within budgets, or profitability limitations.
    In addition, a single process should not steal resources from more 
     profitable processes. 
    Decisions about what to spend on process implementation cannot 
     be made in isolation from all the other processes that use 
     concurrent resources. The Impact Estimation table helps us get a 
     view of all of these considerations.
Can estimate the efficiency (value to cost ratio) of process based on
      experience, or similar processes; but can’t be certain process
      impacts until measuring them in place within organization.

    Estimations are guesses, and we know they are not for sure.

    Consequently we cannot bind ourselves (in contracts, and corporate
     plans) to full implementation of a particular process until it is proven to
     deliver to expectations in practice.

    This requires evolutionary implementation, for example on a project-by-
     project basis, or even in small groups within larger projects.

    If the estimates are validated by practical experience, we can ramp up.

    Otherwise we may have to drop the new engineering process, replace it
     with another or tune it to work properly.
Quantify/Metrics
Your contributions into business specific results… Clearly 
state your performance relative to key functional metrics.

 Mechanical Design                      Product Assurance
  # of in-process design changes /      Actual MTBF / predicted
   # of parts.                            MTBF.
  # of design review deficiencies / #  % of build-to-packages
   parts.                                 released without errors.
  # of drafting errors / number of      % of testable requirements.
   sheets or # of print changes / total  Process capability (Cp / Cpk).
   print features.                       Product yield.
  Drawing growth (unplanned             Field failure rate.
   drawings / total planned              Design review cycle time.
   drawings).
                                         Open action items.
  Producibility rating or assembly
                                         System availability.
   efficiency
  # of prototype iterations.            % of parts with no engineering

  % Percent of parts modeled in          change orders.
   solids.
More Metrics
Organization/Team                      Program Management
  Actual staffing (hours or             Product Unit production $ / target $.
   headcount) vs. plan.                  # Labor hours or labor hours / # target 
  Personnel turnover rate.               labor hours.
   % of milestone dates met.             Material $ / Target material $.
  Schedule performance.                 Product performance or product 
  Personnel ratios.                      performance / target product 
  Cost performance.                      performance or technical
                                          performance measures (e.g., power 
  Milestone or task completion vs.       output, mileage, weight, power 
   plan.                                  consumption, mileage, range, payload, 
  On-schedule task start rate.           sensitivity, noise, CPU frequency, etc.).
  Phase cycle time vs. plan.            Mean time between failures (MTBF).
  Time-to-market or time-to-volume.     Mean time to repair (MTTR).
                                         System availability.
Product
   Unit production cost / target cost.
   Labor hours or labor hours / target labor
    hours.
   Material cost or material cost / target
    material cost.                                      Product ship date vs. announced ship date
   Product performance or product                       or planned ship date.
    performance / target product performance            Product general availability (GA) date vs.
    or technical                                         announced GA date or planned GA date %
    performance measures (e.g., power output,            of parts or part characteristics
    mileage, weight, power consumption,                  analyzed/simulated.
    mileage, range, payload, sensitivity, noise,        Net present value of cash outflows for
    CPU frequency, etc.).                                development and commercialization and
                                                         the
   Mean time between failures (MTBF).                   inflows from sales.
   Mean time to repair (MTTR).                         Breakeven time.
    System availability.                                Expected commercial value (This equals
   Number of parts or number of parts /                 the net present value of product cash flows
    number of parts for last generation product.         multiplied by the probability of commercial
                                                         success minus the commercialization
   Defects per million opportunities or per unit.       cost).
    Production yield.                                   This is multiplied by the probability of
   Field failure rates or failure rates per unit of     technical success minus the development
    time or hours of operation.                          costs)
                                                        Percent of parts that can be recycled.
   Engineering changes after release by time           Percent of parts used in multiple products.
    period.                                             Average number of components per
   Design/build/test iterations.                        product.
   Production ramp-up time (example).
Technology 
   Percent team members with full access to product
    data and product models.
    CAD workstation ratio (CAD workstations / number
    of team members).

   Analysis/simulation intensity (analysis/simulation
    runs per model).

   Percent of team members with video-
    conferencing/desktop collaboration access/tools.
6 Sigma 
  Six Sigma implementation involves the following
SEVEN phases:

  1. DEFINE the processes that contribute to the problem.
  2. MEASURE the capability of critical processes.
  3. ANALYSE the data.
  4. IMPROVE the key product / service characteristics.
  5. CONTROL the key process variables.
  6. STANDARDISE the methods for best-in-class process
  performance.
  7. INTEGRATE the standard methods and processes with the
  product / service design stage.

  Six Sigma is a business initiative first introduced by Motorola in early
  1990s.
  The Six Sigma strategy involves extensive use of statistical
  techniques such as control charts, design of experiments, response
  surface methodology etc. in order to minimize process variations and
  product / service defects.
  These techniques need to be applied in a structured manner.
6 Sigma Metrics
   Defects Per Million Opportunities (DPMO): is the number of critical defects 
    that the process is estimated to generate per million opportunities 
    (operations or steps). 

   Defects Per Million Opportunities (DPMO): In shop-floor process control, 
    this is also called defective 'Parts Per Million (PPM)' pieces produced by a 
    single process / operation. Based on the quality characteristic under study 
    (variable / attribute data type), one or more metrics may be used for 
    process monitoring and reporting.

   Sigma Quality Level and Yield: an indicator of process centering, and, 
    process variation viz-a-viz technical tolerance. A process at Six sigma 
    quality level is expected to generate only 3.4 defective Parts Per Million. 
    'Yield' is the estimated percentage of defect-free items (probability of zero 
    defects) churned out by a process.

   SPC: Sustaining and improving the process performance require process 
    monitoring and control schemes. It may be noted that the six sigma 
    metrics are just the indicators of process quality. such as Statistical 
    Process Control (), Engineering Process Control (EPC) etc.
Six Sigma Initiatives: 
Focus                    Business & Value Impact
 Your Strengths and     Ask: How did my work
  Development Needs        impact the business?
  on.                     Did I win a new

 Corporate Values &       customer or resolve a
                           customer satisfaction
  Corresponding
                           problem?
  Actions.
                          Did I save time, money,
 Leadership Traits.
                           or resources?
 Other important         Did I mentor or coach a
  initiatives (ex: Six     fellow employee?
  Sigma).                 Did I improve
                           productivity?
Six Sigma Initiatives (Cont.)
Context                      Quantifiable accomplishments or 
 Was the task complex         missed deliverables
                              Tasks performed and metrics 
 Was the task critical to
                               that quantify the results 
  the business?                (percentages, time, money, 
 What barriers or             etc.).
                              Degree to which the 
  obstacles did you have       accomplishment exceeded, 
  to overcome?                 met or missed your goals.
 Did you receive any         Any circumstance that made 
                               achieving the result 
  special recognition for      challenging.
  the project?                Skills utilized and 
                               competencies aiding success.
                              Direct effect on your 
                               individual business unit.
                              How you have demonstrated 
                               the your corporations values 
                               and leadership traits.
Harvard Review - GE's
    “Growth Values” 
   External Focus: “Defines success through the customer's eyes. In tune with industry dynamic. Sees around corners.” FA
    translation: Know how your clients truly define a successful financial advisor relationship. “Seeing around corners”
    requires that you interpret industry events in a way that will help you predict future developments.

   Clear Thinking: “Seeks simple solutions to complex problems. Is decisive and focused. Communicates clear and
    consistent priorities.” FA translation: Understand your affluent client's concerns and problems and provide clear, easy-to-
    understand solutions. All of your marketing efforts should focus on acquiring the ideal client. Make sure your clients know
    they are your “number one.”

   Imagination: “Generates new and creative ideas. Is resourceful and open to change. Takes risks on both people and
    ideas. Displays courage and tenacity.” FA translation: You need to think of new ways to create tangible value for clients.
    That may mean developing a new service model. Look at what your competitors are doing and take it one step further.
    Look for solutions that are outside your comfort zone.

   Inclusiveness: “Is a team player. Respects others' ideas and contributions. Creates excitement, drives engagement,
    builds loyalty and commitment.” FA translation: Treat everyone you work with as a knowledge worker. Use their expertise.
    For example, even if you share an assistant with another advisor, you must consider this person a part of your team.
    Their ideas and contributions should be encouraged and ultimately required. Communication with support personnel and
    junior advisors must be clear and ongoing. Delegate responsibilities, not just tasks, and take the time to teach
    subordinates new things and build their expertise whenever possible.

   Expertise: “Has in-depth domain knowledge and credibility built on experience. Continuously develops self. Loves
    learning.” FA translation: Developing a deeper understanding of demographics, industry changes, political developments,
    consumer trends, and current affluent needs and wants will give you greater credibility with your clients and subordinates.
    Cultivating greater knowledge of yourself and engaging in physical exercise are also crucial to your ability to overcome
    future challenges. Commit to lifelong learning. You can start by reading one non-fiction book a month throughout 2009.
Behavioral Values 
CURIOUS
                                                                    TEAMWORK
  Generates new and creative ideas.                                  Builds trust by respecting the ideas and contributions of
  Fosters an environment where questions and ideas are valued.        everyone.
  Seeks feedback, continuously learns, and develops self.            Works well with others.
  Learns as much or more from failures as successes.                 Coaches and encourages others on a regular basis.
                                                                      Contributes to positive morale and spirit within the team.
PASSIONATE                                                            Embraces diverse and global cultures.
  Demonstrates enthusiasm for what he/she does.
  Willing to take risks.                                           COMMITTED
  Empowers others to question the status quo.                        Sets clear and measurable goals.
  Creates excitement and inspires others to deliver.                 Stays focused on business priorities.
                                                                      Willing to make tough decisions and live with the
RESOURCEFUL                                                            consequences.
  Seeks simple solutions to complex problems                         Displays persistence and tenacity; is not deterred by
  Considers varied alternatives before selecting a solution.          obstacles.
  Effectively uses internal/external network.
  Consistently gets tasks accomplished with available resources.   OPEN
                                                                      Attentive and respectful when listening and responding
ACCOUNTABLE                                                            to others.
  Takes responsibility for decisions, actions and results.
                                                                      Willing to change based on the inputs of others.
  Delivers on commitments to stakeholders.
                                                                      Communicates in an open, candid, and consistent
                                                                       manner.
  Does what is best for the team and the customer.                   Accessible and approachable.
  Places success of the organization ahead of personal gain.
                                                                    ENERGIZING
                                                                      Displays an engaging, can-do, optimistic attitude.
                                                                      Makes work fun.
                                                                      Inspires others to achieve more than they imagined.
                                                                      Recognizes and rewards the contributions of others.
Action Verbs for Resume
   Accomplished, Finalized, Processed, Succeeded
   Achieved, Founded, Produced, Superseded
                                                         Delivered, Invented, Serviced, Tripled
   Approved, Generated, Promoted, Supervised            Demonstrated, Launched, Set,
   Assisted, Grew, Proposed, Terminated                  Uncovered
   Built, Headed, Purchased, Traced                     Designed, Led, Simplified, Unified
   Completed, Implemented, Recommended,
    Tracked
                                                         Developed, Maintained, Sold, Utilized
   Conducted, Improved, Redesigned, Traded              Devised, Managed, Sparked, Vacated
   Consolidated, Improvised, Reduced, Trained           Directed, Negotiated, Staffed, Verified
   Controlled, Increased, Reorganized, Transferred
   Converted, Installed, Researched, Transformed
                                                         Doubled, Operated, Started, Widened
   Created, Introduced, Revised, Translated             Earned, Organized, Streamlined, Won
                                                         Eliminated, Originated, Strengthened,
                                                          Withdrew
                                                         Enhanced, Participated, Stressed,
                                                          Worked
                                                         Established, Performed, Stretched,
                                                          Wrote
                                                         Expanded, Planned, Structured
                                                         Cut, Instituted, Scheduled, Trimmed

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INCREASE YOUR RESUME / CV VALUE THROUGH PERFORMANCE METRICS

  • 1. Incre as e you r R E S U M E / V C Valu e Th rou gh E F F E C IE N C Y & P E R FO R M AN C E M E TR IC S B y Nayeem C howdhury
  • 2. Know your value Breaking down value bullets! V = idea, process, service, or task one created, managed, or supported, through technical, interpersonal tools which improved organizational value and performance. 1. Reduced project cycle time (# of mnths / days / yrs) 2. Saved $$ 3. Made $$ 4. Maintained business 5. Created Business 
  • 3. Value Adds Level of Influence Name Recognition  # of managers  Name & numeric value of project   # of students in academic project working on: ex. $200 MM BP North Sea Drilling Project, $5 million dollar grant  # clients project with University of Texas, Austin,  # (internal/external) customer  Petroleum Engineering Department, groups research study for collaboration with  # projects you either supported or  Chevron. managed.  Name of clients or customers you  Technical Tools & Training for  worked with (Organizations/University)  Success: you worked with: ex. Exxon, Shell, BP,  Information technologies: used and  Bechtel, Citi Group some how improved a process  Ex. Primavera, Ansys, Hysis,  Were you a big fish in a small pond, or small fish in a big pond – Group or  QuickBooks SAP, Oracle, MS access, company size. excel, Orcaflex, AutoCad, Pipesim, PRO E, Solidworks, AB, Wonderware Status: if Green Card holder / US  Citizen, make on the header of resume.
  • 4. Understanding and present process knowledge  Quantify - engineering process objectives.  Estimate - impacts we can expect from new and changed  engineering processes.  Measure - in practice the impact of new processes.  Identify - good or bad processes, based on results your  previous projects.
  • 5. 10 Processes Principles 1. Processes are ‘good’ if satisfy the organizational objectives. 3. Usefulness for process decline or disappear when org objectives  change or are satisfied by other means. 5. Processes equivalent in performance effects can be distinguished  by use of the limited, budgeted resources (for example, human  resources, financial costs and time). 7. Process efficiency estimated by (value to cost ratio) of process  based on experience with it, or similar processes; no certainty of  process impacts until measured within organization. 9. Because process measured efficient once doesn’t will not always  change for better or worse over time in different scenarios.
  • 6. 10 Processes Principles (cont.) 6. Malpractice possible if process doesn’t meet estimated levels of  efficiency. 7. Processes should be implemented early in small steps and their effect  measured before scaling up. 8. Process impacts always be on multiple critical organizational  performance and cost characteristics; must not evaluate in a single  dimension alone.  9. Justification of process should rationally be efficient effects on  organizational objectives. Process never can be mandated as ‘best  practice’, should forever be monitored for its justification.  10. Before implementation of new process, the resources to implement and  maintain should be created by conscious and specific removal of less  efficient processes that it will replace.
  • 7. Organizational Objectives to  Measure Your Deliverables  Time to Market  Predictability of Time to Market  Lead Time  Productivity  Quality Levels  Transportability (Outsource ability)  Competitiveness  Risk Avoid ability/Controllability  Prioritization Ability  Customer Satisfaction
  • 8. Time to Market  Scale: Time from Product Concept Approval to availability on defined [Market] Predictability of Time To Market:  Scale: Percentage (%) overrun of actual Project Time compared to  planned Project Time.  Project Time: Defined: Time from the date that Toll Gate 0 (TG0) passed,  or other defined [Start Event] to the Planned- or Actually- delivered Date  of all Specified Requirements.   Specified Requirements: Defined: Written approved quality requirements  for products with respect to planned and constraint levels with qualifiers  [when, where, conditions]. And, other function, resource and design  requirements.  Meter: The Productivity Project or Process Owner will collect numeric  data, concerning the required levels on this Scale, from all projects, or  make appropriate estimates, and put them in the Productivity Database.
  • 9. Lead Time  Scale: Months from TG0, to first use for major workstation package. Scale: Average Time from defined [Inception Point] until defined [Delivery Point].
  • 10. Productivity Scale:  Net Profit per financial year derived from defined  [New Products or Services]
  • 11. Quality Levels  Scale:  Percentage (%) +/- deviation from defined [Agreed Quality Attributes].
  • 12. Process Transportability Scale:  The cost as a percentage (%) of affected persons Gross Annual Cost, for successfully learning to deploy a defined [Process] to a defined [Capability Level].
  • 13. Competitiveness  Scale:  Average percentage (%) impact on a defined set of [Competitiveness Measures] within a year from First Deployment in a defined [Organization].
  • 14. Risk Controllability  Scale:  The percentage (%) probability that defined [Project or Product Requirements] can be delivered within defined [Percentage of Target Levels] under conditions of defined [Risks].
  • 15. Prioritization Ability  Scale:  The average speed in Days that a new [Priority Item] can be effectively acted upon.
  • 16. Customer Satisfaction  Scale:  Average survey result on a scale of 1 to 6 (best).
  • 17. Table 1: Example - client’s initial draft setting objectives that engineering processes must meet. Rt side table shows objectives related to defined senior management financial planning
  • 18. When organizational objectives change, or are satisfied by other means, the usefulness of a process may decline or disappear.  Organizational objectives (called business objectives in the tables): • Subject to pressures demand constant tuning, updating and even radical change  ASAP.  • Simple enough to change target number and due dates in a set of objectives. • Stopping process change ‘ship in mid Atlantic’ is another problem.  • Major investments in contracts and training may have been set in motion, which  may of become obsolete. Arguments for implementing processes considerations:  Highest value-to-cost processes first, which measures a notion of ROI (Return On  Investment)  Highest risk-of-obsolescence processes last  Understand the volatility of the objectives target levels to determine that risk.  Large and costly processes need to be decomposed into smaller, early implementations, and high-value low-volatility sub-processes need to be  prioritized. 
  • 19. If Processes equivalent =  performance Distinguished by: Use of the limited, budgeted resources (ex. human resources, financial costs  and time).  Primary consideration for a process is ability to help reach target  levels.   Interested in its contribution to achieving goal and stretch levels for  the business objectives (see Table 1).   If target not reached does not matter how cheap it is.   Second consideration is that the costs for all types of resources are  within budgets, or profitability limitations.  In addition, a single process should not steal resources from more  profitable processes.   Decisions about what to spend on process implementation cannot  be made in isolation from all the other processes that use  concurrent resources. The Impact Estimation table helps us get a  view of all of these considerations.
  • 20. Can estimate the efficiency (value to cost ratio) of process based on experience, or similar processes; but can’t be certain process impacts until measuring them in place within organization.  Estimations are guesses, and we know they are not for sure.  Consequently we cannot bind ourselves (in contracts, and corporate plans) to full implementation of a particular process until it is proven to deliver to expectations in practice.  This requires evolutionary implementation, for example on a project-by- project basis, or even in small groups within larger projects.  If the estimates are validated by practical experience, we can ramp up.  Otherwise we may have to drop the new engineering process, replace it with another or tune it to work properly.
  • 21. Quantify/Metrics Your contributions into business specific results… Clearly  state your performance relative to key functional metrics. Mechanical Design Product Assurance  # of in-process design changes /  Actual MTBF / predicted # of parts. MTBF.  # of design review deficiencies / #  % of build-to-packages parts. released without errors.  # of drafting errors / number of  % of testable requirements. sheets or # of print changes / total  Process capability (Cp / Cpk). print features.  Product yield.  Drawing growth (unplanned  Field failure rate. drawings / total planned  Design review cycle time. drawings).  Open action items.  Producibility rating or assembly  System availability. efficiency  # of prototype iterations.  % of parts with no engineering  % Percent of parts modeled in change orders. solids.
  • 22. More Metrics Organization/Team  Program Management  Actual staffing (hours or   Product Unit production $ / target $. headcount) vs. plan.  # Labor hours or labor hours / # target   Personnel turnover rate. labor hours. % of milestone dates met.  Material $ / Target material $.  Schedule performance.  Product performance or product   Personnel ratios. performance / target product   Cost performance. performance or technical performance measures (e.g., power   Milestone or task completion vs.  output, mileage, weight, power  plan. consumption, mileage, range, payload,   On-schedule task start rate. sensitivity, noise, CPU frequency, etc.).  Phase cycle time vs. plan.  Mean time between failures (MTBF).  Time-to-market or time-to-volume.  Mean time to repair (MTTR).  System availability.
  • 23. Product  Unit production cost / target cost.  Labor hours or labor hours / target labor hours.  Material cost or material cost / target material cost.  Product ship date vs. announced ship date  Product performance or product or planned ship date. performance / target product performance  Product general availability (GA) date vs. or technical announced GA date or planned GA date % performance measures (e.g., power output, of parts or part characteristics mileage, weight, power consumption, analyzed/simulated. mileage, range, payload, sensitivity, noise,  Net present value of cash outflows for CPU frequency, etc.). development and commercialization and the  Mean time between failures (MTBF). inflows from sales.  Mean time to repair (MTTR).  Breakeven time. System availability.  Expected commercial value (This equals  Number of parts or number of parts / the net present value of product cash flows number of parts for last generation product. multiplied by the probability of commercial success minus the commercialization  Defects per million opportunities or per unit. cost). Production yield.  This is multiplied by the probability of  Field failure rates or failure rates per unit of technical success minus the development time or hours of operation. costs)  Percent of parts that can be recycled.  Engineering changes after release by time  Percent of parts used in multiple products. period.  Average number of components per  Design/build/test iterations. product.  Production ramp-up time (example).
  • 24. Technology   Percent team members with full access to product data and product models. CAD workstation ratio (CAD workstations / number of team members).  Analysis/simulation intensity (analysis/simulation runs per model).  Percent of team members with video- conferencing/desktop collaboration access/tools.
  • 25. 6 Sigma  Six Sigma implementation involves the following SEVEN phases: 1. DEFINE the processes that contribute to the problem. 2. MEASURE the capability of critical processes. 3. ANALYSE the data. 4. IMPROVE the key product / service characteristics. 5. CONTROL the key process variables. 6. STANDARDISE the methods for best-in-class process performance. 7. INTEGRATE the standard methods and processes with the product / service design stage. Six Sigma is a business initiative first introduced by Motorola in early 1990s. The Six Sigma strategy involves extensive use of statistical techniques such as control charts, design of experiments, response surface methodology etc. in order to minimize process variations and product / service defects. These techniques need to be applied in a structured manner.
  • 26. 6 Sigma Metrics  Defects Per Million Opportunities (DPMO): is the number of critical defects  that the process is estimated to generate per million opportunities  (operations or steps).   Defects Per Million Opportunities (DPMO): In shop-floor process control,  this is also called defective 'Parts Per Million (PPM)' pieces produced by a  single process / operation. Based on the quality characteristic under study  (variable / attribute data type), one or more metrics may be used for  process monitoring and reporting.  Sigma Quality Level and Yield: an indicator of process centering, and,  process variation viz-a-viz technical tolerance. A process at Six sigma  quality level is expected to generate only 3.4 defective Parts Per Million.  'Yield' is the estimated percentage of defect-free items (probability of zero  defects) churned out by a process.  SPC: Sustaining and improving the process performance require process  monitoring and control schemes. It may be noted that the six sigma  metrics are just the indicators of process quality. such as Statistical  Process Control (), Engineering Process Control (EPC) etc.
  • 27. Six Sigma Initiatives:  Focus  Business & Value Impact  Your Strengths and Ask: How did my work Development Needs impact the business? on.  Did I win a new  Corporate Values & customer or resolve a customer satisfaction Corresponding problem? Actions.  Did I save time, money,  Leadership Traits. or resources?  Other important  Did I mentor or coach a initiatives (ex: Six fellow employee? Sigma).  Did I improve productivity?
  • 28. Six Sigma Initiatives (Cont.) Context Quantifiable accomplishments or   Was the task complex missed deliverables  Tasks performed and metrics   Was the task critical to that quantify the results  the business? (percentages, time, money,   What barriers or etc.).  Degree to which the  obstacles did you have accomplishment exceeded,  to overcome? met or missed your goals.  Did you receive any  Any circumstance that made  achieving the result  special recognition for challenging. the project?  Skills utilized and  competencies aiding success.  Direct effect on your  individual business unit.  How you have demonstrated  the your corporations values  and leadership traits.
  • 29. Harvard Review - GE's “Growth Values”   External Focus: “Defines success through the customer's eyes. In tune with industry dynamic. Sees around corners.” FA translation: Know how your clients truly define a successful financial advisor relationship. “Seeing around corners” requires that you interpret industry events in a way that will help you predict future developments.  Clear Thinking: “Seeks simple solutions to complex problems. Is decisive and focused. Communicates clear and consistent priorities.” FA translation: Understand your affluent client's concerns and problems and provide clear, easy-to- understand solutions. All of your marketing efforts should focus on acquiring the ideal client. Make sure your clients know they are your “number one.”  Imagination: “Generates new and creative ideas. Is resourceful and open to change. Takes risks on both people and ideas. Displays courage and tenacity.” FA translation: You need to think of new ways to create tangible value for clients. That may mean developing a new service model. Look at what your competitors are doing and take it one step further. Look for solutions that are outside your comfort zone.  Inclusiveness: “Is a team player. Respects others' ideas and contributions. Creates excitement, drives engagement, builds loyalty and commitment.” FA translation: Treat everyone you work with as a knowledge worker. Use their expertise. For example, even if you share an assistant with another advisor, you must consider this person a part of your team. Their ideas and contributions should be encouraged and ultimately required. Communication with support personnel and junior advisors must be clear and ongoing. Delegate responsibilities, not just tasks, and take the time to teach subordinates new things and build their expertise whenever possible.  Expertise: “Has in-depth domain knowledge and credibility built on experience. Continuously develops self. Loves learning.” FA translation: Developing a deeper understanding of demographics, industry changes, political developments, consumer trends, and current affluent needs and wants will give you greater credibility with your clients and subordinates. Cultivating greater knowledge of yourself and engaging in physical exercise are also crucial to your ability to overcome future challenges. Commit to lifelong learning. You can start by reading one non-fiction book a month throughout 2009.
  • 30. Behavioral Values  CURIOUS TEAMWORK  Generates new and creative ideas.  Builds trust by respecting the ideas and contributions of  Fosters an environment where questions and ideas are valued. everyone.  Seeks feedback, continuously learns, and develops self.  Works well with others.  Learns as much or more from failures as successes.  Coaches and encourages others on a regular basis.    Contributes to positive morale and spirit within the team. PASSIONATE  Embraces diverse and global cultures.  Demonstrates enthusiasm for what he/she does.  Willing to take risks. COMMITTED  Empowers others to question the status quo.  Sets clear and measurable goals.  Creates excitement and inspires others to deliver.  Stays focused on business priorities.  Willing to make tough decisions and live with the RESOURCEFUL consequences.  Seeks simple solutions to complex problems  Displays persistence and tenacity; is not deterred by  Considers varied alternatives before selecting a solution. obstacles.  Effectively uses internal/external network.  Consistently gets tasks accomplished with available resources. OPEN  Attentive and respectful when listening and responding ACCOUNTABLE to others.  Takes responsibility for decisions, actions and results.  Willing to change based on the inputs of others.  Delivers on commitments to stakeholders.  Communicates in an open, candid, and consistent manner.  Does what is best for the team and the customer.  Accessible and approachable.  Places success of the organization ahead of personal gain. ENERGIZING  Displays an engaging, can-do, optimistic attitude.  Makes work fun.  Inspires others to achieve more than they imagined.  Recognizes and rewards the contributions of others.
  • 31. Action Verbs for Resume  Accomplished, Finalized, Processed, Succeeded  Achieved, Founded, Produced, Superseded  Delivered, Invented, Serviced, Tripled  Approved, Generated, Promoted, Supervised  Demonstrated, Launched, Set,  Assisted, Grew, Proposed, Terminated Uncovered  Built, Headed, Purchased, Traced  Designed, Led, Simplified, Unified  Completed, Implemented, Recommended, Tracked  Developed, Maintained, Sold, Utilized  Conducted, Improved, Redesigned, Traded  Devised, Managed, Sparked, Vacated  Consolidated, Improvised, Reduced, Trained  Directed, Negotiated, Staffed, Verified  Controlled, Increased, Reorganized, Transferred  Converted, Installed, Researched, Transformed  Doubled, Operated, Started, Widened  Created, Introduced, Revised, Translated  Earned, Organized, Streamlined, Won  Eliminated, Originated, Strengthened, Withdrew  Enhanced, Participated, Stressed, Worked  Established, Performed, Stretched, Wrote  Expanded, Planned, Structured  Cut, Instituted, Scheduled, Trimmed