{"id":7963,"date":"2025-11-18T01:00:19","date_gmt":"2025-11-18T08:00:19","guid":{"rendered":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/?p=7963"},"modified":"2026-02-18T14:35:55","modified_gmt":"2026-02-18T21:35:55","slug":"million-dollar-problem","status":"publish","type":"post","link":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/million-dollar-problem\/","title":{"rendered":"Every $10 Million Company has at Least One Million Dollar Problem"},"content":{"rendered":"\r\n<p>Every $10 Million Company has at Least One Million Dollar Problem. How many million dollar problems could your company have?<\/p>\r\n<p><em>Download my free ebook, <a href=\"https:\/\/www.qimacros.com\/pdf\/Agile-Process-Innovation.pdf\" target=\"_blank\" rel=\"noopener\">Agile Process Innovation &#8211; Hacking Lean Six Sigma for Results<\/a>.<\/em><\/p>\r\n\r\n\r\n\r\n<p><iframe loading=\"lazy\" src=\"https:\/\/player.vimeo.com\/video\/1123940140?title=0&amp;byline=0&amp;portrait=0\" width=\"720\" height=\"405\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\r\n\r\n\r\n\r\n<p>&#8220;Hi, I&#8217;m Jay Arthur, author of \u201c<a href=\"https:\/\/www.amazon.com\/Lean-Six-Sigma-Hospitals-Improving\/dp\/1259641082\/\">Lean Six Sigma For Hospitals<\/a>\u201d and <a href=\"https:\/\/www.qimacros.com\/demo\/\">QI Macros [software]<\/a>.<\/p>\r\n<p>&#8220;I subscribe to a number of newsletters, and there&#8217;s one guy who produces one about consulting. He said, &#8220;Every $10 million company has at least one million dollar problem.&#8221; $10 million\u2026 $1 million problem.<\/p>\r\n<p>&#8220;Now, how big is your company? 10 million? A hundred million? A billion dollars? How big is it? That means that there&#8217;s lots of million-dollar projects, probably, in your company. Fortune 500 companies have millions, if not billions of savings available to them by using these tools of Quality Improvement.<\/p>\r\n<p>&#8220;You are the people who can go out and figure out what those problems are, where they live&#8230; and they don&#8217;t live everywhere. They are in very small slivers of the organization. You know <a href=\"https:\/\/www.qimacros.com\/knowware-articles\/4-50-rule-80-20-rule\/\">the 4-50 Rule<\/a>: 4% of what you&#8217;re doing is producing over half the mistakes, errors, waste, rework, lost profit. Use data to go find those and fix them.<\/p>\r\n<p>&#8220;That&#8217;s my Improvement Insight for this week. Let&#8217;s go out and improve something. Let&#8217;s save millions, billions, and even trillions of dollars worldwide. It&#8217;s a lot of fun, but we have to get on it.&#8221;<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Every $10 Million Company has at Least One Million Dollar Problem. How many million dollar problems could your company have? Download my free ebook, Agile Process Innovation &ndash; Hacking Lean Six Sigma for Results. &#65279;&#65279; &ldquo;Hi, I&rsquo;m Jay Arthur, author of &ldquo;Lean Six Sigma For Hospitals&rdquo; and QI Macros [software]. &ldquo;I subscribe to a number [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":8181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[290],"tags":[],"class_list":["post-7963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-improvement-insights"],"_links":{"self":[{"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/posts\/7963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/comments?post=7963"}],"version-history":[{"count":6,"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/posts\/7963\/revisions"}],"predecessor-version":[{"id":8270,"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/posts\/7963\/revisions\/8270"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/media\/8181"}],"wp:attachment":[{"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/media?parent=7963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/categories?post=7963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.qimacros.com\/lean-six-sigma-blog\/wp-json\/wp\/v2\/tags?post=7963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}