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Will You Add? - Why Budgets Don't Work
Using the Six-Sigma Methodology to Improve Wafer Fab Productivity of focusing on saving money you already have, you could focus on making more money.As a result of consolidation of operations and significantly increased production requirements, Intersil's main Fab was facing bottlenecks in supply versus demand. Intersil enlisted Tefen USA first to support identifying the Fab bottleneck, and then to develop a comprehensive roadmap for capacity and cycle time improvements. A team composed of Tefen USA and Intersil members conducted a short assessment to confirm that the Photo area was the bottleneck, and then initiated an aggressive and focused cross-functional improvement team. The improvement team combined their extensive experience in semiconductor manufacturing with the DMAIC methodology to systematically Define, Measure, Analyze, Improve, and Control the Photo performance. In the next six months after the initial assessment photo cycle time dropped by 60%, while Photo and overall Fab production increased to record levels (a 40% increase). In the following article, we will highlight how we used the Six-Sigma DMAIC approach and other tools to eliminate the bottleneck, and ultim When your goal is to save, you always end up with less money than when you started. When your goal is to make money, you always end up with more money than when you started. Why You When you focus on prosperity, then that is your reality. When you focus on lack, then that is your reality. You cannot focus on both prosperity and lack at the same time. The same way you cannot be sad and happy at the same time, you cannot experience abundance and scarcity at the same time. Have you ever stopped to ask yourself why you want to save money? Are you saving for a big purchase, or perhaps for an unexpected emergency? A “rainy day” mentality cannot coexist with a prosperity mentality. One cancels the other out. So, if you choose to focus your efforts on saving a penny here, a dollar there, then you will. You absolutely will save a penny and a dollar. But what could you have done with the same amount of energy focused on creating wealth instead? Instead of focusing on saving money you already have, you could focus on making more money. When your goal is to save, you always end up with less money than when you started. When your goal is to make money, you always end up with more money than when you started. Why You When you focus on prosperity, then that is your reality. When you focus on lack, then that is your reality. You cannot focus on both prosperity and lack at the same time. The same way you cannot be sad and happy at the same time, you cannot experience abundance and scarcity at the same time. Have you ever stopped to ask yourself why you want to save money? Are you saving for a big purchase, or perhaps for an unexpected emergency? A “rainy day” mentality cannot coexist with a prosperity mentality. One cancels the other out. So, if you choose to focus your efforts on saving a penny here, a dollar there, then you will. You absolutely will save a penny and a dollar. But what could you have done with the same amount of energy focused on creating wealth instead? Instead of focusing on saving money you already have, you could focus on making more money. When your goal is to save, you always end up with less money than when you started. When your goal is to make money, you always end up with more money than when you started. Why You Have you ever stopped to ask yourself why you want to save money? Are you saving for a big purchase, or perhaps for an unexpected emergency? A “rainy day” mentality cannot coexist with a prosperity mentality. One cancels the other out. So, if you choose to focus your efforts on saving a penny here, a dollar there, then you will. You absolutely will save a penny and a dollar. But what could you have done with the same amount of energy focused on creating wealth instead? Instead of focusing on saving money you already have, you could focus on making more money. When your goal is to save, you always end up with less money than when you started. When your goal is to make money, you always end up with more money than when you started. Why You So, if you choose to focus your efforts on saving a penny here, a dollar there, then you will. You absolutely will save a penny and a dollar. But what could you have done with the same amount of energy focused on creating wealth instead? Instead of focusing on saving money you already have, you could focus on making more money. When your goal is to save, you always end up with less money than when you started. When your goal is to make money, you always end up with more money than when you started. Why You When your goal is to save, you always end up with less money than when you started. When your goal is to make money, you always end up with more money than when you started. Why You Just Can’t Stick to a Budget Do you know why so many people can’t seem to stick to a budget? It is because the mere fact that they are focusing on ways to spend less causes them to earn less. In order to do a budget, you first have to write down how much money you have coming in. Do you really want to tell the Universe that this number, whatever it is, is the amount of money you are willing to work with? A budget assumes there is a finite amount of funds coming in, which in actuality, is lack thinking. It assumes there a set amount with which you must conduct your business, support your family, and indulge your whims every once in a while. With a budget, you set spending caps for each expense category, based on the total amount of revenue you have coming in. You look at each expense carefully to see where you can cut, slash, and eliminate spending altogether. In fact, this is the opposite of what you should be doing if you want to grow your business and increase your personal wealth. As stated above, lack thinking causes people to earn less. Not only is your energy focused on savin
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