... 99% success rate is a complete failure. Do you ever see those sigma/ISO9001 ratings on products/companies? Those companies that attain that standard have kept up an error/failure/faulty product deficiency rate of something like 7 or less errors PER MILLION processes/products.
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???What??? I've been in Fortune 100 companies for 30 years. I have an engineering degree and an MBA from a top 5 business school. I'd suggest you study this stuff a bit more. ISO9001 doesn't stipulate anything like the above. You're confusing ISO with 6 sigma. Very few companies produce products with 6 sigma quality levels. The small scale business venture mentioned by the OP doesn't need to pursue ISO accreditation or 6 sigma quality levels. And what's up with the 99% success rate being a complete failure???
Hey, you went to a "top five" business school back in the day right?
The thing which they really need to teach at university is that <i>there is no golden bullet.</i> ISO9001/CMM/Six Sigma absolutely have their place. There are also absolutely places - within the same organisation even - where they should be about as welcome as a hole in the head.Yea, I guess I'm a dinosaur since I received my MBA 6 whole years ago. Here's the issue in my mind. The OP asked a sincere question and you jumped all over him making rash assumptions about his motives and business experience. Then you proceeded to lecture us on all this great business wisdom you've obtained after a couple of classes in school. Your post was very condescending and full of errors. After you get your degree and have actually RUN a business for a number of years, then perhaps you'll be in a position to give others advice in this area. Take a look at your original post again and ask yourself, who was fogging who?
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