THOUGHT FOR THE DAY

Imagination

"You can't depend on your eyes when your imagination is out of focus."

- Mark Twain


TOPIC OF THE DAY

Overall equipment effectiveness

Overall equipment effectiveness (OEE) is a hierarchy of metrics which focus on how effectively a manufacturing operation is utilized. The results are stated in a generic form which allows comparison between manufacturing units in differing industries.

OEE measurement is also commonly used as a key performance indicator (KPI) in conjunction with lean manufacturing efforts to provide an indicator of success.



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THOUGHT FOR THE DAY

Anger

"Always write angry letters to your enemies. Never mail them."

- James Fallows


TOPIC OF THE DAY

Planning

Planning in organizations and public policy is both the organizational process of creating and maintaining a plan; and the psychological process of thinking about the activities required to create a desired goal on some scale. As such, it is a fundamental property of intelligent behavior. This thought process is essential to the creation and refinement of a plan, or integration of it with other plans, that is, it combines forecasting of developments with the preparation of scenarios of how to react to them.

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THOUGHT FOR THE DAY

Computers

"Computers are useless. They can only give you answers. "

- Pablo Picasso


TOPIC OF THE DAY

Current trends in HR

Human resource management is a process of bringing people and organizations together so that the goals of each other are met. The role of HR manager is shifting from that of a protector and screener to the role of a planner and change agent. Personnel directors are the new corporate heroes. The name of the game today in business is personnel . Nowadays it is not possible to show a good financial or operating report unless your personnel relations are in order.

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THOUGHT FOR THE DAY

Music

"Music is the shorthand of emotion. "

- Leo Tolstoy


TOPIC OF THE DAY

Force Field Analysis

Force field analysis is an influential development in the field of social science. It provides a framework for looking at the factors (forces) that influence a situation, originally social situations. It looks at forces that are either driving movement toward a goal (helping forces) or blocking movement toward a goal (hindering forces). The principle, developed by Kurt Lewin, is a significant contribution to the fields of social science, psychology, social psychology, organizational development, process management, and change management.


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THOUGHT FOR THE DAY

Management

"Today, a skilled manager makes more than the owner. And owners fight each other to get the skilled managers."

- Mikhail Khodorkovsky


TOPIC OF THE DAY

21st Century Management

Management has been around since the dawn of civilization. In primitive societies almost everyone had to do physical labor. To escape this burden, about the only choices were going into politics (kings) or religion (priests).

Civilized urban societies led to more specialization, created new vocational alternatives to manual labor, and saw a tendency of those who did not work with their hands to look down on those who did. This particular attitude was fostered by scribes, who used their knowledge of writing to produce literature that mocked the illiterate laboring classes.


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THOUGHT FOR THE DAY

Management

"Effective leadership is putting first things first. Effective management is discipline, carrying it out.”."

- Stephen Covey


TOPIC OF THE DAY

The Management Art

Management is the art of making people more effective than they would have been without you. This requires you to plan, organize, direct, and monitor the work. In order to do that effectively, you need to know where you are going, what tools you have to get there, what tools you need that you don't have, and how to get what you need.


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THOUGHT FOR THE DAY

Forgiveness

Forgive many things in others; nothing in yourself.

- Ausonius

TOPIC OF THE DAY

Visual merchandising

Visual merchandising is completely different to merchandising, visual merchandising is the activity of promoting the sale of goods, especially by their presentation in retail outlets.(New Oxford Dictionary of English, 1999, Oxford University Press). This includes combining product, environment, and space into a stimulating and engaging display to encourage the sale of a product or service. It has become an important element in retailing that is a team effort involving senior management, architects, merchandising managers, buyers, the visual merchandising director, designers, and staff. Visual merchandising starts with the store building itself. The management decides on the store design to reflect the products the store is going to sell and how to create a warm, friendly, and approachable atmosphere for its potential customers.

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The new CIO leader: setting the agenda and delivering results
By Marianne Broadbent, Ellen Kitzis

THOUGHT FOR THE DAY

Ambition

Aim for the moon. If you miss, you may hit a star.

- W. Clement Stone

TOPIC OF THE DAY

C. V. Raman

Sir Chandrasekhara Venkata Raman, FRS (Tamil: சந்திரசேகர வெங்கடராமன்)(7 November 1888 – 21 November 1970) was an Indian physicist and Nobel laureate in physics recognised for his work on the molecular scattering of light and for the discovery of the Raman effect, which is named after him.

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The Lost Symbol By Dan Brown

THOUGHT FOR THE DAY

Management

"Management is doing things right; leadership is doing the right things.”."

- Peter F. Drucker


TOPIC OF THE DAY

Best Leader

The best leader I ever knew died recently. I want to share some of the lessons I learned from him with those of you not fortunate enough to have known him.

At his funeral, I spoke with the woman who had been his office manager in what was to be his final career. "Whenever we went anywhere together" she said, "and met with people who had worked for him before, they always said to me 'You're lucky. Frank's such a great boss' and that they'd love to work for him again." What inspires that kind of loyalty in others? How did he learn it? Click here to jump ahead or keep reading to meet a very special man.

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Statistical methods for practice and research by Ajai S. Gaur and Sanjaya S. Gaur

THOUGHT FOR THE DAY

Religion

"Human beings must be known to be loved; but Divine beings must be loved to be known."

- Blaise Pascal


TOPIC OF THE DAY

Technology Management

Technology Management is set of management disciplines that allows organizations to manage its technological fundamentals to create competitive advantage. Typical concepts used in technology management are technology strategy (a logic or role of technology in organization), technology mapping (identification of possible relevant technologies for the organization), technology roadmapping (a limited set of technologies suitable for business), technology project portfolio ( a set of projects under development) and technology portfolio (a set of technologies in use).


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Statistical methods for practice and research by Ajai S. Gaur and Sanjaya S. Gaur

THOUGHT FOR THE DAY

Intelligence

"The true sign of intelligence is not knowledge but imagination. "

- Albert Einstein


TOPIC OF THE DAY

Knowledge Management

Knowledge management (KM) comprises a range of practices used in an organisation to identify, create, represent, distribute and enable adoption of insights and experiences. Such insights and experiences comprise knowledge, either embodied in individuals or embedded in organisational processes or practice.


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Statistical methods for practice and research by Ajai S. Gaur and Sanjaya S. Gaur

THOUGHT FOR THE DAY

Art

"Every child is an artist. The problem is how to remain an artist once we grow up. "

Pablo Picasso


TOPIC OF THE DAY

Fixed Assets Management

Fixed assets management is an accounting process that seeks to track fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.


A typical asset tagMany organizations face a significant challenge to track the location, quantity, condition, maintenance and depreciation status of their fixed assets. A popular approach to tracking fixed assets utilizes serial numbered Asset Tags, often with bar codes for easy and accurate reading. Periodically, the owner of the assets can take inventory with a mobile barcode reader and then produce a report.


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Statistical methods for practice and research by Ajai S. Gaur and Sanjaya S. Gaur

THOUGHT FOR THE DAY

Love

"Without love in you life, you have nothing."

- Wynonna Judd

TOPIC OF THE DAY

What's the difference between macroeconomics and microeconomics?

Microeconomics is the study of decisions that people and businesses make regarding the allocation of resources and prices of goods and services. This means also taking into account taxes and regulations created by governments. Microeconomics focuses on supply and demand and other forces that determine the price levels seen in the economy. For example, microeconomics would look at how a specific company could maximize it's production and capacity so it could lower prices and better compete in its industry. (Find out more about microeconomics in Understanding Microeconomics.)

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The Lost Symbol By Dan Brown

THOUGHT FOR THE DAY

Money

One must be poor to know the luxury of giving.

- George Eliot

TOPIC OF THE DAY

Sania Mirza


Sania Mirza born November 15, 1986,[1] is an Indian tennis player. She started her tennis career in 2003. In 2004 she was awarded the Arjuna award by the Indian Government. She is known for her powerful forehand ground strokes.


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The Lost Symbol By Dan Brown

THOUGHT FOR THE DAY

Forgiveness

Forgive many things in others; nothing in yourself.

- Ausonius

TOPIC OF THE DAY

Childrens Day

Children's Day is to celebrate "childhood". On Children’s Day tribute is payed to all children in the world. Children are loved by one and all. They win over our hearts with their angelic eyes and innocent smiles. It makes one realise that maybe that’s the way God wanted us to be.

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Human Resources in the 21st Century by Marc Effro, Robert Gandossy

THOUGHT FOR THE DAY

Work

"The best preparation for good work tomorrow is to do good work today."

Elbert Hubbard

TOPIC OF THE DAY

Skills Management

Skills Management is the practice of understanding, developing and deploying people and their skills. Well-implemented skills management should identify the skills that job roles require, the skills of individual employees, and any gap between the two.

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Emerging Human Resource Management (HRM) : Blueprint to Optimise Human Assets: Latest Concepts, Practices, and Strategic Approaches

THOUGHT FOR THE DAY

Funny

"Food is an important part of a balanced diet."

- Fran Lekowitz

TOPIC OF THE DAY

Management by Objectives

Management by Objectives (MBO) is a process of agreeing upon objectives within an organization so that management and employees agree to the objectives and understand what they are in the organization.

The term "management by objectives" was first popularized by Peter Drucker in his 1954 book 'The Practice of Management'.[1]

The essence of MBO is participative goal setting, choosing course of actions and decision making. An important part of the MBO is the measurement and the comparison of the employee’s actual performance with the standards set. Ideally, when employees themselves have been involved with the goal setting and the choosing the course of action to be followed by them, they are more likely to fulfill their responsibilities.


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Emerging Human Resource Management (HRM) : Blueprint to Optimise Human Assets: Latest Concepts, Practices, and Strategic Approaches

THOUGHT FOR THE DAY

Change

"If we don't change, we don't grow. If we don't grow, we aren't really living. "

- Gail Sheehy

TOPIC OF THE DAY

Robin Uthappa

Robin Venu Uthappa (Kannada/Kodava Takk: ರಾಬಿನ್‌ ವೇಣು ಉತ್ತಪ್ಪ) Robin_Uthappa.ogg pronunciation (help·info) (born 11 November 1985 in Kodagu, Karnataka) is an Indian cricketer. His father is Venu Uthappa, an international hockey referee from Kodagu, Karnataka, and mother Roselyn is a home maker and hails from Kozhikode, Kerala. He made his One Day International debut in the seventh and final match of the English tour of India in April 2006. He had a successful debut, making 86 as an opening batsman before being run out. It was the highest score for any Indian debutant in a limited overs match [1]. He is also named 'The Walking Assassin" for his tactic of charging the bowler. He played an important role in India's win at the ICC World T20 World Cup 2007. However, he then suffered a form slump and has not played for India since mid-2008 and was relegated to a Grade C contract.

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Human Resources in the 21st Century by Marc Effro, Robert Gandossy

THOUGHT FOR THE DAY

Life

"All life is an experiment. The more experiments you make the better."

- Ralph Waldo Emerson

TOPIC OF THE DAY

Volatility, uncertainty, complexity and ambiguity

VUCA is an acronym used to describe or reflect on the volatility, uncertainty, complexity and ambiguity of general conditions and situations. The common usage of the term VUCA began in the late 1990s and derives from military vocabulary[1] and has been subsequently used in emerging ideas in strategic leadership that apply in a wide range of organizations, including everything from for-profit corporations[2] to education.


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Microsoft SQL Server 2008 Reporting Services by Brian Larson

THOUGHT FOR THE DAY

Mistake

"Not admitting a mistake is a bigger mistake"

- Robert Half

TOPIC OF THE DAY

Google Wave

Google Wave is "a personal communication and collaboration tool" announced by Google at the Google I/O conference on May 27, 2009. It is a web-based service, computing platform, and communications protocol designed to merge e-mail, instant messaging, wikis, and social networking. It has a strong collaborative and real-time[4] focus supported by extensions that can provide, for example, spelling/grammar checking, automated translation among 40 languages,[2] and numerous other extensions.[4] Initially released only to developers, a "preview release" of Google Wave was extended to nearly 1 million users beginning September 30, 2009, with the initial 100,000 users each allowed to invite up to twenty additional users.

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The best book on the market by Eamonn Butler

THOUGHT FOR THE DAY

Forgiveness

"Forgiveness is the release of all hope for a better past."

- Alexa Young

TOPIC OF THE DAY

Cross Ownership

Cross ownership is a method of reinforcing business relationships by owning stock in the companies with which a given company does business. In the US, it also refers to a type of investment in different mass-media properties in one market.


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Corporate E-learning: an inside view of IBM's solutions by Luther Tai

THOUGHT FOR THE DAY

Forgiveness

"Forgiveness is the release of all hope for a better past."

- Alexa Young

TOPIC OF THE DAY

Cross Ownership

Cross ownership is a method of reinforcing business relationships by owning stock in the companies with which a given company does business. In the US, it also refers to a type of investment in different mass-media properties in one market.


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Latest Arrivals

Corporate E-learning: an inside view of IBM's solutions by Luther Tai

THOUGHT FOR THE DAY

Questioning

"The important thing is not to stop questioning."

- Albert Einstein

TOPIC OF THE DAY

Interpersonal Relationships

When you come to the realization that interpersonal relationships are based on needs then the steps following become simple and effective

To understand what a relationship is, how to bring one about, how to enhance one, and why relationships are diminished and lost, one must understand the power of a person’s needs.


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ALIGNING HUMAN RESOURCES AND BUSINESS STRATEGY BY Linda Holbeche

THOUGHT FOR THE DAY

Enthusiasm

"Be enthusiastic, enthusiasm will take you further than any amount of experience."

- Anonymous

TOPIC OF THE DAY

Extended Enterprise

An Extended Enterprise is a loosely coupled, self-organizing network of firms that combine their economic output to provide products and services offerings to the market. Firms in the extended enterprise may operate independently, for example, through market mechanisms, or cooperatively through agreements and contracts.


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ALIGNING HUMAN RESOURCES AND BUSINESS STRATEGY BY Linda Holbeche

THOUGHT FOR THE DAY

Belief

"I would never die for my beliefs because I might be wrong."

- Bertrand Russell

TOPIC OF THE DAY

Virat Kohli

Virat Kohli (born November 5, 1988) is an Indian cricketer. He was the captain of the victorious Indian team at the 2008 U/19 Cricket World Cup held in Malaysia. He represents Delhi in first-class cricket. He played for Royal Challengers Bangalore in the 2008 Indian Premier League. He represents the same team for the 2009 season of the IPL. He learned his cricket in the West Delhi Cricket Academy.[citation needed]


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ALIGNING HUMAN RESOURCES AND BUSINESS STRATEGY BY Linda Holbeche

THOUGHT FOR THE DAY

Technology

"Bill Gates is a very rich man today....and do you want to know why? The answer is one word: Versions."

- Dave Barry

TOPIC OF THE DAY

Reverse Engineering

Reverse engineering (RE) is the process of discovering the technological principles of a device, object or system through analysis of its structure, function and operation. It often involves taking something (e.g., a mechanical device, electronic component, or software program) apart and analyzing its workings in detail to be used in maintenance, or to try to make a new device or program that does the same thing without copying anything from the original.


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Think again: why good leaders make bad decisions and how to keep it from happening to you by Sydney Finkelstein and others

THOUGHT FOR THE DAY

Success

"Sooner or later, those who win are those who think they can."

- Paul Tournier

TOPIC OF THE DAY

Amartya Sen

Amartya Kumar Sen CH (Hon) (Bengali : অমর্ত্য কুমার সেন, Ômorto Kumar Shen) (born 3 November 1933), is an Indian Nobel Memorial Prize in Economics-winning economist, and Thomas W. Lamont University Professor and Professor of Economics and Philosophy at Harvard University. He is also a fellow of Trinity College, Cambridge. He is known "for his contributions to welfare economics" for his work on famine, human development theory, welfare economics, the underlying mechanisms of poverty, gender inequality, and political liberalism. He is a distinguished economist-philosopher who won the Nobel Memorial Prize in Economic Sciences in the year 1998 for his work on welfare economics.

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Lean Thinking: Banish Waste and Create Wealth in Your Corporation by James P. Womack and Daniel T. Jones

THOUGHT FOR THE DAY

Nature

"Adopt the pace of nature; her secret is patience."

- Ralph Waldo Emerson


TOPIC OF THE DAY

Corporate Image

A corporate image refers to how a corporation is perceived. It is a generally accepted image of what a company stands for. Marketing experts who use public relations and other forms of promotion to suggest a mental picture to the public. Typically, a corporate image is designed to be appealing to the public, so that the company can spark an interest among consumers, create share of mind, generate brand equity, and thus facilitate product sales.

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Lean Thinking: Banish Waste and Create Wealth in Your Corporation by James P. Womack and Daniel T. Jones