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Joe Ficalora - ArticlesJoe Ficalora is an independent consultant and author in the areas of Solar Energy, Lean Six Sigma, Design for Six Sigma, and Crime Statistics. He has a Zero Utility Cost home in NJ, which is featured as a case example in his new book Quality Function Deployment and Six Sigma. He was formerly President of Global Services at SBTI and a certified Master Black Belt and Black Belt. He has extensive experience in Design for Six Sigma and Lean Six Sigma, including workshop delivery to top executives, Champions and Black Belts. He is a sought after speaker on the topics of Lean Sigma and Design For Six Sigma. He co-authored SBTI's Master Black Belt Program, which consistently receives high accolades.
You can save BIG on your home heating bills!You can lower your heating costs! Many homes, both new and old are not very energy efficient. There are five key steps to get there: 1. Measure your costs, 2. Determine your consumption, 3. Find out where it's all going, 4. Make carefully thought out changes, and 5. Reap the savings. Consider renewable energy choices as a next step. This year’s El Nino predicts a colder than normal East Coast Winter season, so these tips are timely for those homeowners concerned with rising heating costs. The top 3 mistakes to avoid when "Going Solar", or installing Solar EnergyThe three (3) biggest mistakes about Solar Energy installations are:
1. Not conserving on your electricity consumption first and establishing that savings up front. This has profound implications to your solar energy system design and the benefits!
2. Avoiding detailed analysis on the consumption of electricity around your house. If not, you wind up with the wrong size array.
3. Doing simple financial payback calculations instead of detailed ones. Every installer who quoted us had this wrong. Saving money on your Utility Bills, conservation and consumption reduction - a Zero Utility Cost Home, Part IWe will explore in this article how you can save money on your utility bills. With costs rising of electricity oil & natural gas, this is a concern for nearly every homeowner. Whether you are planning on staying in your home for one month, one year or even one or two decades, with energy conservation, your savings will begin to pile up immediately. Saving on heating costs, air conditioning costs and electricity costs are all possible, and there are plenty of ways to help you save money! Investment Corner Part 2In Part I, we reviewed investment objectives, risk tolerance and the balance of risk and return.
In this next part we will review the different types of investments you can make and how risk may be spread out to minimize overall exposure to unexpected changes. Just remember that risk and reward go hand-in-hand. Fault Tree Analysis and Lean Six SigmaOne of the more useful tools in Lean Six Sigma problem investigations is the Failure Mode and Effects Analysis or FMEA. Fault Tree Analysis (FTA) is a technique that combines probabilities, fault logic, hierarchical structures, Monte-Carlo simulation and graphical displays to provide a more nearly complete analysis than Failure Modes and Effects Analysis alone. Investment Corner - Part 1Investing is considered to be a science, so don't be fooled by anyone telling you it's an art.
Perhaps at the pinnacle of investing knowledge it may be an art form, but for the most part it's a
science. As our first foray, let's consider what knowledge you should have and where to obtain it.
The knowledge you will need is quite fundamental and not too complicated. The first half of the
knowledge comes from you, while the second half comes from the investment community.
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