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![]() Joe Ficalora is a VP at SBTI and a certified Master Black Belt and Black Belt. He has extensive experience in Lean Sigma, including workshop delivery to top 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.
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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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