In the current dynamic industrial scenario, quality alone is not the winning criteria; a consistent supply of quality goods as per the committed delivery schedules makes the customers happy.

1. ACTSol & Associates
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Reducing National Debt through Process Improvement
In the current dynamic industrial scenario, quality alone is not the wining
criteria; consistent supply of quality goods as per the committed delivery
schedules makes the customers happy.
Also in this highly competitive global economy, process inefficiencies can cause
a company to loose money and go out of business overnight.
It is therefore recommended that every company have a Continuous Process
Improvement program, with employee engagement from the CEO down to the
entry-level personnel.
This journey begins with learning some basic tools and methodologies,
developing a plan of action, implementing tested solutions and measuring
the results.

2. ACTSol & Associates
Regd Off: Q – 194, Concorde Silicon Valley, Beside WIPRO (Gate No. 16), Electronic City, Bengaluru – India
Admin: No. 5, Shantiniketan, Opp: Govt ITI Institue, Vasant Nagar, MSK Mill road, Gulbarga – India
+919483511055 / professionalcourses@actsol.in / https://www.theprofessionalcourses.com/ https://actsol.in/
Six Sigma has emerged as one of the most effective business improvement
strategies worldwide. This breakthrough improvement strategy delivers results
of productivity, profitability and quality improvements based on its highly
effective approach.
We take here a case of a national economy & apply these principles.
DEFINE: Problem Statement:
At present, the national debit is $25 trillion dollars and climbing at a rate of A%
each year, with interest on the debit at A%. At this rate, it would take A# of years
to pay it off (if we stopped all government spending all together).
Defect: The Deficit ($)
Goal: Reduce the annual debit to A (level) where the government can pay off
the debt within A # of years or eliminate the federal debt all together Data
Source: Official government websites Data Type: Discrete - "Is there a budget
deficit? (Y/N)

3. ACTSol & Associates
Regd Off: Q – 194, Concorde Silicon Valley, Beside WIPRO (Gate No. 16), Electronic City, Bengaluru – India
Admin: No. 5, Shantiniketan, Opp: Govt ITI Institue, Vasant Nagar, MSK Mill road, Gulbarga – India
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MEASURE
Measurement of how much the government owes its creditors. The terms
"national deficit" and "national surplus" usually refer to the government's
budget from year to year, not the cumulative amount of debt. A deficit year
increases the debt, while a surplus year decreases the debt as more money is
received than spent. There are two components of gross national debt: "Debt
held by the public" & "Debt held by government accounts or intragovernmental
debt" All these can be measured by the standard tools of Fishbone, Gauge R&R,
Process Capability Analysis
ANALYSE
Value Stream Map, Process Map (of process of establishing Govt spending
programs), geographical summaries, hypothesis testing of independent &
dependent variables, SIPOC (Supplier Input, Process, Output, Customer) and
FMEA (Failure Mode Effect Analysis).

4. ACTSol & Associates
Regd Off: Q – 194, Concorde Silicon Valley, Beside WIPRO (Gate No. 16), Electronic City, Bengaluru – India
Admin: No. 5, Shantiniketan, Opp: Govt ITI Institue, Vasant Nagar, MSK Mill road, Gulbarga – India
+919483511055 / professionalcourses@actsol.in / https://www.theprofessionalcourses.com/ https://actsol.in/
Preparing and Assessing the Debt Sustainability Analysis, by knowing the short
term external debt, the foreign direct investments, the concessionally of debt,
the grant elements etc... are are of importance in the measurement of the fats
& figures therein.
IMPROVE:
The Design of Experiment (DOE) to test the results of various options for
reducing the national debit, a list of (tested) solutions, risk analysis, CBA (Cost
Benefit Analysis) / ROI (Return Over Investment).
Some of the improvement initiatives could be Reduce or Eliminate Benefits for
Lower-Income Beneficiaries. ... Reduce or Eliminate Subsidized Loans, Including
Grants for Undergraduate College Students. ... Reduce Disabled Veteran
Benefits. ...etc
CONTROL:

5. ACTSol & Associates
Regd Off: Q – 194, Concorde Silicon Valley, Beside WIPRO (Gate No. 16), Electronic City, Bengaluru – India
Admin: No. 5, Shantiniketan, Opp: Govt ITI Institue, Vasant Nagar, MSK Mill road, Gulbarga – India
+919483511055 / professionalcourses@actsol.in / https://www.theprofessionalcourses.com/ https://actsol.in/
Control plan, mistake proofing plan, control charts, and plan to leverage key
learning to help State level governments.
Some of the controlling factors of national debt could be: Avoiding War / Reduce
unnecessary military spending, Raise Pension Age, Broaden Tax Base, Enforce
Debt Ceilings etc.
There are true benefits to using lean and Six Sigma to reduce the national debt,
but its important to emphasize that these tools alone are not a solution for all
government budget ailments.
There are a number of other excellent quality improvement methods available,
and it is crucial to match the right tool with specific needs.
Once, during a common meeting with Business Advisors, I was asked...
"Is Productivity improvement key to maintaining competitiveness at the country
level"?
I am of the firm opinion that Productivity is key to maintaining competitiveness,
at both the organization and country levels, and in ensuring sustainable socio -
economic development. The various productivity-enhancing tools, techniques,
methods, and practices that have been developed and adopted over the years
in the production and consumption of goods and services are essential to the
dynamism of economies.
The concept of productivity has evolved over the years to represent more than
an efficiency ratio. From cost and quality issues, its scope has expanded to

6. ACTSol & Associates
Regd Off: Q – 194, Concorde Silicon Valley, Beside WIPRO (Gate No. 16), Electronic City, Bengaluru – India
Admin: No. 5, Shantiniketan, Opp: Govt ITI Institue, Vasant Nagar, MSK Mill road, Gulbarga – India
+919483511055 / professionalcourses@actsol.in / https://www.theprofessionalcourses.com/ https://actsol.in/
embrace social concerns - such as job creation, job security, poverty alleviation,
resource conservation, social responsibility - to business excellence,
governance, and environmental protection.
The productivity-improving or enhancing initiatives, which can be in the form of
a basic principle, tool, technique, method, practice, guideline, model, or
approach should be presented to fit into the larger picture of an organization’s
productivity goals. They may be grouped into the following four Ps, which
represent areas of concern in any organization that is aspiring to achieve
productivity improvements - people, product, policy, and processes.
• People-focused: When a productivity-enhancing initiative aims to directly
raise the efficiency and effectiveness of a worker.
• Product-focused: When a productivity-enhancing initiative aims to
improve the quality and responsiveness of a product to consumer
demand.
Process-focused:

7. ACTSol & Associates
Regd Off: Q – 194, Concorde Silicon Valley, Beside WIPRO (Gate No. 16), Electronic City, Bengaluru – India
Admin: No. 5, Shantiniketan, Opp: Govt ITI Institue, Vasant Nagar, MSK Mill road, Gulbarga – India
+919483511055 / professionalcourses@actsol.in / https://www.theprofessionalcourses.com/ https://actsol.in/
When a productivity-enhancing initiative aims to make the planning, design,
production, and delivery of goods and services more efficient and effective.
• Policy-focused:
When a productivity-enhancing initiative aims to improve the overall
environment for production and / or consumption of goods and services.
All the above can be easily taken care by the tools & techniques of six sigma,
which we can call as Six Sigma Productivity System in general, by applying the
relevant tools & techniques in the right way.
Enjoyed the read? Also, available on our blog page here
Cheers!
Best Wishes,
ACTSol Blogger
ACTSol’s eLearning Institute
https://www.theprofessionalcourses.com/

8. ACTSol & Associates
Regd Off: Q – 194, Concorde Silicon Valley, Beside WIPRO (Gate No. 16), Electronic City, Bengaluru – India
Admin: No. 5, Shantiniketan, Opp: Govt ITI Institue, Vasant Nagar, MSK Mill road, Gulbarga – India
+919483511055 / professionalcourses@actsol.in / https://www.theprofessionalcourses.com/ https://actsol.in/
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