Master's Series

Concurrent Session

M28 - Show Me the Money! Strategic Financial Metrics for Quality

Monday, April 30
3:00 PM - 4:00 PM
Location: WSCC 611 - 612

Level: Intermediate

Quality professionals often lament that executive leadership does not recognize the true value of quality improvement projects. Yet, quality professionals often do not provide executive leadership with an accurate vision of a project’s financial impact to answer the question “Why should we approve this project?”
This presentation provides the quality professional with key financial metrics to help executive leadership better align priorities, allocate project resources and optimize business value across the entire project portfolio. The Financial Viability Index (FVI) is introduced to guide strategic project selection aligned with executive management financial strategy. The quality professional, without needing extensive financial skills, is able to quickly complete a strategic financial assessment for a proposed project…aligned with corporate financial goals.

Learning Objectives:

Loran Cox


Director, Global Business Solutions
One Tower
Glendale, Arizona

Loran Cox is a quality professional with a career including manufacturing, aerospace, oil, aviation, FDA-regulated industries and enterprise quality software consulting for Global 500 companies. Loran’s focus includes strategic quality and enterprise software applications to drive leadership, collaboration, continuous sustained improvement and organizational excellence. Loran holds an engineering degree, MBA and certifications including Certified Six Sigma Black Belt (ASQ), Project Management Professional (PMI) and Certified Business Architect (BAA). In his spare time, Loran is a contemporary jazz flugelhorn artist…


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Kaushik Mallik

American Society of Quality (Regional Director)


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M28 - Show Me the Money! Strategic Financial Metrics for Quality


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