SDMIMD Library

2009-11-08T09:49:00.001+05:30

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

2009-11-08T09:49:00.000+05:30

2009-11-07T08:38:00.000+05:30

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

2009-11-06T09:22:00.000+05:30

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

2009-11-05T09:09:00.001+05:30

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

2009-11-04T09:30:00.001+05:30

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

2009-11-03T08:41:00.001+05:30

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

2009-11-02T10:24:00.001+05:30

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

2009-10-31T09:32:00.001+05:30

THOUGHT FOR THE DAY

Knowledge

"The foot feels the foot when it feels the ground."

- Buddha

TOPIC OF THE DAY

Sardar Vallabhbhai Patel

Vallabhbhai Patel (31 October 1875 – 15 December 1950) was a political and social leader of India who played a major role in the country's struggle for independence and guided its integration into a united, independent nation. In India and across the world, he was often addressed as Sardar (Gujarati: સરદાર, [səɾdaɾ]), which means Chief in many languages of India.

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

2009-10-30T09:07:00.000+05:30

THOUGHT FOR THE DAY

Goals

"Define your business goals clearly so that others can see them as you do."

- George Burns

TOPIC OF THE DAY

Lean

The core idea is to maximize customer value while minimizing waste. Simply, lean means creating more value for customers with less resources.

A lean organization understands customer value and focuses its key processes to continuously increase it. The ultimate goal is to provide perfect value to the customer through a perfect value creation process that has zero waste.

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

2009-10-29T09:21:00.001+05:30

THOUGHT FOR THE DAY

Poetry

"Painting is silent poetry, and poetry is painting that speaks."

- Plutarch

TOPIC OF THE DAY

Lean Manufacturing

Lean manufacturing or lean production, which is often known simply as "Lean", is a production practice that considers the expenditure of resources for any goal other than the creation of value for the end customer to be wasteful, and thus a target for elimination. Working from the perspective of the customer who consumes a product or service, "value" is defined as any action or process that a customer would be willing to pay for. Basically, lean is centered around creating more value with less work. Lean manufacturing is a generic process management philosophy derived mostly from the Toyota Production System (TPS) (hence the term Toyotism is also prevalent) and identified as "Lean" only in the 1990s.[1] [2] It is renowned for its focus on reduction of the original Toyota seven wastes in order to improve overall customer value, but there are varying perspectives on how this is best achieved. The steady growth of Toyota, from a small company to the world's largest automaker,[3] has focused attention on how it has achieved this.

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Know What You Don't Know: how great leaders prevent problems before they happen by Michael A. Roberto

2009-10-28T09:27:00.000+05:30

THOUGHT FOR THE DAY

Success

"Failure is success if we learn from it."

- Malcolm Forbes

TOPIC OF THE DAY

Performance Prism

Performance Prism is a framework for measuring company performance which takes account of the two-way relationships between an organization and all its stakeholders. The performance prism was developed by researchers from the Centre for Business Performance at Cranfield School of Management in England and Accenture. The model takes a similar approach to the balanced scorecard in that nonfinancial measures of performance are analyzed, but it takes account of a wider range of stakeholders including investors, customers, employees, suppliers, regulators, and communities. The factors to be analyzed are represented as the five faces of a prism: stakeholder wants and stakeholder contribution at the ends, and strategies, processes, and capabilities as the three internal facets.

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Know What You Don't Know: how great leaders prevent problems before they happen by Michael A. Roberto

2009-10-27T09:10:00.001+05:30

THOUGHT FOR THE DAY

Goal

"The goal of life is living in agreement with nature."

- Zeno

TOPIC OF THE DAY

K. R. Narayanan

Kocheril Raman Narayanan (Malayalam: കോച്ചേരില്‍ രാമന്‍ നാരായണന്‍) (Travancore October 27, 1920 — New Delhi November 9, 2005), also known as K. R. Narayanan, was the tenth President of India. He was the first Dalit, and the first Malayali, to have been President.
Born in Perumthanam, Uzhavoor village, Travancore (present day Kottayam district, Kerala), and after a brief stint with journalism and then studying political science at the London School of Economics with the assistance of a scholarship, Narayanan began his career in India as a member of the Indian Foreign Service under the Nehru administration. He served as ambassador to Japan, United Kingdom, Thailand, Turkey, People's Republic of China and United States of America and was referred by Nehru as "the best diplomat of the country".[1] He entered politics at Indira Gandhi's request and won three successive general elections to the Lok Sabha and served as a Minister of State in the Union Cabinet under former Prime Minister Rajiv Gandhi. Elected as Vice-President in 1992, Narayanan went on to become the President of India in 1997."

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Ten Steps to Maturity in Knowledge Managemen by J. K. Suresh, Kavi Mahesh

2009-10-26T09:35:00.000+05:30

THOUGHT FOR THE DAY

Sports

"You must do the things you think you cannot do."

- Eleanor Roosevelt

TOPIC OF THE DAY

Business Model
The business model is simply a working description that includes the general details about the operations of a business. The components that are contained within a business model will address all functions of a business, including such factors as the expenses, revenues, operating strategies, corporate structure, and sales and marketing procedures. Generally speaking, anything that has to do with the day to day functionality of the corporation can be said to be part of the business model.

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The best book on the market by Eamonn Butler

2009-10-25T14:32:00.001+05:30

THOUGHT FOR THE DAY

Human Behaviour

"Human behaviour flows from three main sources - desire, emotions and knowledge"

- Plato

TOPIC OF THE DAY

Workforce Scorecard

In a marketplace fueled by intangible assets, anything less than optimal workforce performance can threaten a firm's very survival. Yet in most organizations, workforce capabilities are both poorly managed and underutilized.

The Workforce Scorecard argues that...Read on...

2009-10-24T09:21:00.001+05:30

THOUGHT FOR THE DAY

Sports

"Good, better, best. Never let it rest. Until your good is better and your better is best."

- Tim Duncan

TOPIC OF THE DAY

Adaptive Leadership

Adaptive leadership is given to impacting the environment. It addresses a very active form of leadership, not a passive effort taken merely to adjust to circumstances as found. Biology teaches that relationships between living entities are circular and interactive. Our organizations are also living systems, being composed not just of capital goods and technology, but of people.

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The best book on the market by Eamonn Butler

2009-10-23T09:46:00.000+05:30

THOUGHT FOR THE DAY

Experience

"Life is the art of drawing without an eraser."

- John W. Gardner

TOPIC OF THE DAY

Judo Strategy

Judo strategy is an approach to competition that relies more on skill than size or strength. We think about judo strategy at three levels. First, it’s a metaphor or a mindset that focuses on avoiding head-to-head struggles. Second, it’s a set of three principles—movement, balance, and leverage—that companies should incorporate into their strategy. And third, it’s a toolbox of techniques that managers can use to implement the principles.

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Margin trading from A to Z by Michael T. Curley

2009-10-22T09:24:00.000+05:30

THOUGHT FOR THE DAY

Art

"A man paints with his brains and not with his hands."

- Michelangelo

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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Visual Merchandising BY Swati Bhalla and Anuraag S.

2009-10-21T09:28:00.001+05:30

THOUGHT FOR THE DAY

Visual Merchandising

"Advertising moves people towards goods. Merchandising moves goods towards people"

- James Morris

TOPIC OF THE DAY

Visual merchandising

Visual merchandising-, until recently called simply 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 . . .
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Visual Merchandising BY Swati Bhalla and Anuraag S.

2009-10-20T08:40:00.001+05:30

THOUGHT FOR THE DAY

Reality

"Reality leaves a lot to the imagination."

- John Lennon

TOPIC OF THE DAY

Virender Sehwag

Virender Sehwag (Hindi: वीरेंद्र सेहवाग) (born 20 October 1978, in Delhi, India), affectionately known as Viru, is one of the leading batsmen in the Indian cricket team. Sehwag is an aggressive right-handed opening batsman and an occasional right-arm off-spin bowler. He played his first One Day International in 1999 and joined the Indian Test cricket team in 2001.
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The best book on the market by Eamonn Butler

2009-10-16T09:04:00.001+05:30

THOUGHT FOR THE DAY

Life

"So foul and fair a day I have not seen."

- William Shakespeare

TOPIC OF THE DAY

Corporate Trust

Corporate trusts are any of several different types of trusts that are established and maintained by a corporation. In the most usual circumstances, the creation of a corporate trust allows the corporation to turn over management of financial resources to another corporation that is charged with specific tasks in handling the assets. Banks and various types of financial services are often called upon to handle the particulars of a given corporate trust.

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The best book on the market by Eamonn Butler

2009-10-15T08:53:00.000+05:30

THOUGHT FOR THE DAY

Experience

"Good judgment comes from experience, and often experience comes from bad judgment."

- Rita Mae Brown

TOPIC OF THE DAY

A. P. J. Abdul Kalam

Avul Pakir Jainulabdeen Abdul Kalam (Tamil: அவுல் பகீர் ஜைனுலாப்தீன் அப்துல் கலாம்), born October 15, 1931, Tamil Nadu, India, usually referred to as Dr. A. P. J. Abdul Kalam, was the eleventh President of India, serving from 2002 to 2007, he was elected during the rule of the Bharatiya Janata Party, led ruling coalition, under prime minister Atal Bihari Vajpayee. During his term as The President, he was popularly known as the People's President.

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The best book on the market by Eamonn Butler

2009-10-14T08:26:00.001+05:30

THOUGHT FOR THE DAY

Progress

"If there is no struggle, there is no progress."

- Frederick Douglass

TOPIC OF THE DAY

Advergaming

Advergaming, a portmanteau which integrates “advertising” and “gaming,” is a term used to describe games in which advertising plays a prominent role. There are a number of different types of advergaming, all of which are designed to promote a company or product, and the use of advergames in advertising has grown increasingly common. Advergames can be seen online and offline, and the line between advertising and gaming is sometimes very heavily blurred.

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The best book on the market by Eamonn Butler

2009-10-13T08:36:00.001+05:30

THOUGHT FOR THE DAY

Vision

"Sometimes the heart sees what is invisible to the eye."

- H. Jackson Brown, Jr.

TOPIC OF THE DAY

Kishore Kumar

Kishore Kumar (Hindi: किशोर कुमार) (August 4, 1929 – October 13, 1987) was Indian film playback singer and actor. Along with Mukesh and Mohammed Rafi, he was one of the famous Indian playback singers. He remained the leading singer from 1970 to 1987. Kumar also achieved notable success as a lyricist, composer, producer, director, screenwriter and scriptwriter.

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The best book on the market by Eamonn Butler

2009-10-12T08:29:00.001+05:30

THOUGHT FOR THE DAY

Genius

"Genius is one percent inspiration and ninety-nine percent perspiration."

- Thomas Alva Edison

TOPIC OF THE DAY

Brainstorming

Brainstorming is a process for developing creative solutions to problems. It works by focusing on a problem, and then deliberately coming up with as many solutions as possible and by pushing the ideas as far as possible. One of the reasons it is so effective is that the brainstormers not only come up with new ideas in a session, but also spark off from associations with other people's ideas by developing and refining them.

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The best book on the market by Eamonn Butler