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A train of thoughts and writings on development, technology and the economy focusing on the socio-techno-economic-cultural surge of developing economies to regain and partake in leadership of the world. Written by George Easaw, member of the faculty of Business Administration of Allliance University, Bangalore, India. (This is purely an academic site, no commercial use is allowed. Photography rights lie with the respective organisations). Mention credits as needed.
Saturday, October 28, 2017
Advice from the oncologist, Dr Thomas Varghese
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Friday, October 27, 2017
The 7 Rs of Process Innovation
Rethink - fundamental rethinking of the process
Future head transplant by Italian surgeon Dr Sergio Canavero ..
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By June 2015, Dr. Canavero was recruiting surgeons to participate in the procedure, which will be conducted on Valery Spiridinov, a 31-year-old Russian man with Werdnig-Hoffman disease, a rare genetic condition that prevents his muscles from growing. .. the Observer website ..
Click here for the TED talk by Dr Sergio ..
Monday, October 23, 2017
Privilege - the bait that weakens oneself ...
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When we do not make use of privileges intelligently and use it as a favour for a select few in society, privileges can be like a millstone tied around your neck.
Click here for the video explaining this concept pretty well with a common example from society. The video explains clearly the concept of privileges.
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Rich, influential parents, out of ignorance and pride, shower more and more comforts and privileges on their children thinking it would take them ahead in life, only to find their less than average kids fail in life. They contemplate that riches, influence, power etc can help their kids, when actually it only spoils them !
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The Travancore royals were intelligent enough and quick to realise that all the riches showered on them actually belonged to the society .. They felt it their responsibility to give back to society and they have been doing it for more than three centuries.
A true inviolable truth .. Privileges are intentional baits to spoil you. Accept the truth and make peace with the less privileged, share and be equals ..
Friday, October 20, 2017
Why and How of Standard Operating Procedures (SOP) .. ??
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Let us see whether they can be answered by a discussion on SOPs.
Standard Operating Procedure is a written procedure prescribed for repetitive use as a practice, in accordance with agreed upon specifications aimed at obtaining a desired outcome.
A standard operating procedure, or SOP, is a set of step-by-step instructions compiled by an organization to help workers carry out complex routine operations. SOPs aim to achieve efficiency, quality output and uniformity of performance, while reducing miscommunication and failure to comply with industry regulations. - www.wikipedia.org
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A neat template to implement SOP in the organisation |
This game helps the students to understand the importance of having a formally accepted set of instructions to do any task the way it is done, which reduces the variability and thus improves the quality of the task. More clearer and detailed the SOP, better is the compliance and less the variability.
Whenever there are repetitive operations organisations need to do on a regular basis, the only way to do it consistently and uniformly do it is by insisting on Standard Operating Procedures to be implemented and adopted.
The other advantage of having an SOP is that the employees can come up with improvements over the existing SOP if it improves the quality. An SOP can thus challenge the employees to constantly look to improving the quality of their work and the work output, as also to look at reducing the use of inputs and ensure better compliance.
Standard Operating Procedure (SOP) to make your phone faster
In this day of innumerable smartphone apps available for download and cheap data, we tend to use more apps and download more data. More frequently than not, most of our smartphone systems software do not have auto cleansing features. It does not prompt us to
Being a heavy user on the phone for almost 50% of my waking life, I find my Lenovo Octacore, 2 GB RAM, 16 GB SD memory smartphone following this SOP gives me true value for money !!
Tuesday, October 17, 2017
Saturday, October 14, 2017
Tiangong 1 coming crashing from space ..
What the future beholds !!
Thursday, October 12, 2017
Lessons from ERP - successes and failures ..
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Most of failure of ERP systems have taken place due to improper implementation. Let us look at what are the essential six phases of any ERP implementation. In the Big Bang approach, the different stages of implementation are done serially and then in a big bang it is brought in line in a short period of time. This implementation process is very risky.
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ICMR case on ERP Failure at HP ..
Tuesday, October 10, 2017
Jack Ma on the 3Qs of the human body and the third technology revolution ..
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George ..
Monday, October 09, 2017
Business Process Re-engineering - Basics and links ..
A good BPR FAQ .. from albany.edu ..
A World Bank BPR presentation ..
A good presentation with case studies ..
This document from Bain & Co has interesting links ..
Diff between BPR and Kaizen .. ( a student paper, but neatly written..)
How to make reengineering work, Hall et al, HBR, Nov '93
BPR as a quality improvement tool .
Wednesday, October 04, 2017
How predictive shopping can remorph supply chain frontiers ..
As technology continues to advance, e-commerce businesses are beginning to explore new ways to improve their operations and customer experience. One such model, known as "shipping-then-shopping," utilizes artificial intelligence (AI) to predict customers' purchasing habits and ship items to them in advance of their placing an order.
This model, discussed by Professor Ajay Agarwal and his team from the Rotman School of Management in Toronto, Canada, in the October issue of the Harvard Business Review, has the potential to bring significant benefits to organizations. From a supply chain professional's perspective, this model allows for catching customers earlier before they turn to competitors, resulting in better profitability and a dedicated customer base.
By using AI to predict customers' likes and dislikes, and shipping items to them with a high probability of acceptance, businesses can reach an acceptability rate of nearly 90% and achieve higher profitability. This is due to faster sales, reliable delivery, lower costs, and fewer returns. In short, this model could be a supply chain professional's utopia in their organization.
How to do effective brainstorming ..
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Rational left and the creative right .. |
Monday, October 02, 2017
Crowd science - how to manage a crowd .
Crowd Dynamics explained - 6 vital questions answered.
True Indians ..
Technologies to dominate space sector ..
The global space industry is poised for significant transformation over the next two decades, driven by emerging technologies that promise t...