Tuesday, October 12, 2021

Process charts


 
 
 
 
What are the Benefits of Process Mapping?
  • Process Mapping Documents your Business Processes. ...
  • Process Maps Enable Knowledge Transfer. ...
  • Agreement of Best Practice is Enabled. ...
  • Process Maps show your Processes are Compliant. ...
  • Process Maps show Opportunities for Improvement. ...
  • Process mapping supports Continuous Improvement.

 

Tuesday, October 05, 2021

Great quotes of all time ..

Top quotes of self-help of all time l


The few who do are the envy of the many who only watch” Jim Rohn


“You can tell whether a man is clever by his answers. You can tell whether a man is wise by his questions” Naguib Mahfouz


“The heights by great men reached and kept were not attained by sudden flight, but they, while their companions slept, were toiling upward in the night” Henry Wadsworth Longfellow


“Wise men talk because they have something to say; fools, because they have to say something” Plato


“Whatever your mind can conceive and believe it can achieve” Napoleon Hill


“There comes a point in your life when you realize: Who matters. Who never did. Who won't anymore... And who always will. So, don't worry about people from your past, there's a reason why they didn't make it to your future” Anon


“It takes courage to push yourself to places that you have never been before...to test your limits...to break through barriers” Anon


“Within you is the Divine Capacity to manifest and attract all that you need or desire ” Wayne Dyer


“Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world” Albert Einstein


“A good criterion for measuring success is the number of people you have made happy” Robert J Lumsden


“The secret of getting ahead is getting started. The secret of getting started is breaking your overwhelming tasks into small, manageable tasks, and then starting on the first” Mark Twain


“If you are the smartest person in the room, you are in the wrong room” Anon


“It is during our darkest moments that we must focus to see the light” Aristotle


“Nothing is impossible, the word itself says 'I'm possible'! ” Audrey Hepburn


“I hated every minute of training, but I said, Don't quit. Suffer now and live the rest of your life as a champion” Muhammed Ali


“Your present circumstances don't determine where you can go; they merely determine where you start” Nido Qubein


“Happiness is not something you postpone for the future; it is something you design for the present” Jim Rohn


“Success is not final, failure is not fatal: it is the courage to continue that counts” Winston Churchill


“Continuous effort - not strength or intelligence - is the key to unlocking our potential” Winston Churchill


“In order to succeed, your desire for success should be greater than your fear of failure” Bill Cosby


“Don't aim for success if you want it; just do what you love and believe in, and it will come naturally” David Frost


“Develop success from failures. Discouragement and failure are two of the surest stepping stones to success” Dale Carnegie


“Success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome” Booker T Washington


“You are never too old to set another goal or to dream a new dream” C.SLewi

“The key is to keep company only with people who uplift you, whose presence calls forth your best” Epictetus

“Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence” Helen Keller

“Determine never to be idle. No person will have occasion to complain of the want of time who never loses any. It is wonderful how much may be done if we are always doing” Thomas Jefferson

“The first step is you have to say that you can” Will Smith

“Those who dream by day are cognizant of many things that escape those who dream only at night” Edgar Allan Poe

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails” William Arthur Ward

“Belief in oneself is one of the most important bricks in building any successful venture” Lydia M. Child

“Don't let the fear of striking out hold you back” Babe Ruth

“The difficulties you meet will resolve themselves as you advance. Proceed, and light will dawn, and shine with increasing clearness on your path” Jim Rohn

“Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart” Steve Jobs

“When you have a dream, you've got to grab it and never let go” Carol Burnett

“I learned that courage was not the absence of fear, but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear” Nelson Mandela

“He who is not courageous enough to take risks will accomplish nothing in life” Muhammed Ali

“I attribute my success to this - I never gave or took any excuse” Florence Nightingale

“Put your heart, mind, and soul into even your smallest acts. This is the secret of success” Swami Sivananda

“The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way” Robert Kiyosaki

“It's fine to celebrate success but it is more important to heed the lessons of failure” Bill Gates

“For the past 33 years, I have looked in the mirror every morning and asked myself: 'If today were the last day of my life, would I want to do what I am about to do today?' And whenever the answer has been 'No' for too many days in a row, I know I need to change something” Steve Jobs

“Most great people have attained their greatest success just one step beyond their greatest failure” Napoleon Hill

“I have learned, that if one advances confidently in the direction of his dreams, and endeavours to live the life he has imagined, he will meet with a success unexpected in common hours” Henry David Thoreau

“Always bear in mind that your own resolution to succeed is more important than any other” Abraham Lincoln

“If you're trying to achieve, there will be roadblocks. I've had them; everybody has had them. But obstacles don't have to stop you. If you run into a wall, don't turn around and give up. Figure out how to climb it, go through it, or work around it” Michael Jordan

“When it is obvious that the goals cannot be reached, don't adjust the goals, adjust the action steps” Confucius

“I'd rather regret the things I've done than regret the things I haven't done” Lucille Ball

“All life is an experiment. The more experiments you make the better” Ralph Waldo Emerson

Compiled by Bizzybee.com

Tuesday, September 28, 2021

India's four greatest defrauders..

Nirav Modi - Modi is accused of defrauding the Punjab National Bank (PNB) for millions, destroying evidence and witness tampering.

Mehul Choksi - Mehul Choksi, owner of the Gitanjani Group of jewellery retailers, was arrested in Dominica over his alleged involvement in the above-mentioned PNB heist with his nephew Nirav Modi.

Nirav Modi
Mehul Choksi
Ramalinga Raju - Satyam - In 2009, Raju admitted to falsifying the company’s accounts to the tune of US$1.5 billion, and resigned.

Ramalinga Raju
Subrata Roy - Sahara group, The Securities and Exchange Board of India (SEBI) has also accused Roy of violating securities laws. SEBI petitioned India’s Supreme Court to have Roy pay US$8.43 billion or return to jail, insisting the amount was his outstanding liability.

Wednesday, September 22, 2021

How to tackle the global food waste ..

Food waste is one of the most cruel and wasteful activities in the world, because daily millions go to bad hungry and the food that could have been take by them is now being wasted. Why does food waste happen and what are the steps that can be taken to avoid this food wastage. We carried out an interesting case discussion at Alliance School of Business Bangalore in the MBA third semester classroom.

According to the Guardian, approximately 45% of all fruits and vegetables, 35% of fish and seafood, 30% of cereals, and 20% of meat and dairy products are wasted by suppliers, retailers, and consumers every year. : Unquote

Click here to read the HBR article How large food retailers can help solve the food waste crisis by Yasemin, Jaideep and Mark, HBR December 2017.

The main points in the above article are given here. Helping retailers tackle the food wastage problem involves the four points as given here.


#1. Upgrade inventory systems with the latest technology.

       Software are programmed input systems in the order in which they are in kept in the shelves.

#2. Partner with farmers in the supply chain.

      Treat farmers as partners.

#3. Modify or eliminate traditional store practices that increase waste.

      Centralised storage does it result in wastage or helps in costs savings

      Product labeling Best by dates are misleading.

#4. Team up with consumers. 

      Higher disposable income with youngsters has resulted in high food waste. 

In the Guardian article on the UN report (click here) of 2017, and quoted in the HBR article, it was mentioned about the stark difference in the food waste pattern between the rich developed and the poor developing and less developed countries. While the rich countries wasted almost 78-95 kgs per head, in the developing countries it was only about 6-11 kgs per head.

The latest Guardian article in 2021 pains a still grim picture. (click here)  It says we inhabitants of planet earth waste almost a billion tonnes of food a year and it is almost 78 kgs of food per person per year.

Based on the above HBR article at Alliance University, Bangalore we had a class discussion. The students have work experience, have finished their internship in top industrial and retail groups.

The students were very much interested in discussing why and how food waste occurs. Why does food waste occur - 

CAUSES : 

1. Consumerism - people tend to buy more than what they need and the excess is wasted, youngsters generally tend to over estimate their needs. Youngsters have more choice of food and tend to splurge on food.

2. Poor infrastructure for preservation - the poor availability of food preservation equipment like deep freezers, refrigerators, refrigerated containers (reefers) and refrigerated transport vehicles leads to food wastage

3. Agricultural management - Planning the growth area, use of good seeds, modern equipments for tilling, harvesting etc.

4. Poor warehousing capability

5. Buffets are a major source of waste unless it be a hotel where the excess food could be reused. Public place buffets result in food wastage.

6. Expensive food portions offered by superior hotel chains tend to waste lot of food items in order to prepare the best and expensive food portions

7. Hoarding is resorted to by the traders, middlemen and consumers anticipating either an increase in prices or fall in supply

8. Arrival of privatisation of agriculture by corporate giants like Reliance, ITC, Tata etc dictates the planting and cropping pattern based on market needs than natural cycle s

9. Non optimised and mismanaged supply chains lead to frequent shortages and excesses at different parts of the supply chain leading to bull whip effect and consequences

10. Mismanaged Warehouses leads to wastage due to climatic disturbances, rodents etc.

REMEDIES

1. Local produce should be consumed locally and excess can be exported leading to low supply chain costs

2. beginning cooperative movements in agriculture like what we have in dairy sector 9the AMUL model)

3. Have a list of items to purchase before going to super markets, do not get influenced by the looks and colours inside the shop

4. Keep a focused mind not to waste  food, waste not, want not ..

The discussion has helped students to understand the problems caused due to food waste, the reasons and the basic steps to prevent it. 

George.

Thursday, September 16, 2021

HBR Webinar- Transformation to a post covid world, 21/9/21, 9.30 PM IST

Harvard Business Review

Webinar Details

Accelerating Transformation for a Post-Covid-19 World

Date: Tuesday, September 21, 2021 

Time:  4:00 PM GMT / 9.30 PM IST

Duration: 30 minutes 

Complimentary Video Webinar  (click here for the registration 

Executive Summary 

The phrase “digital transformation” often evokes skepticism. That’s because digital transformation strategies can be interpreted as vague and are often misunderstood. For many executives, one of their biggest organizational challenges is lack of a clearly defined digital transformation strategy.

Yet the turbulence of Covid-19 has only increased the need for digital transformation. A recent HBR-AS survey of 522 business executives found that 95% say digital transformation has grown in importance over the past 12 months, and 90% say Covid-19 has accelerated their transformation efforts. Still, only 58% say their transformation strategies have been effective.

On September 21, in a live, interactive HBR-AS video webinar, Alex Clemente will share the results of this recent survey about digital transformation in a post-Covid-19 world.

He will then lead a discussion with Michael Walker of Red Hat and Melissa Swift of Mercer on the impact of Covid-19 on digital transformation. The panelists will share their perspectives on these survey results and will discuss:

  • Why Covid-19 has exacerbated lingering transformation challenges
  • How to gauge the impact of the pandemic on digital transformation projects
  • How companies can learn transformation lessons and turn them into updated strategies
  • Why building a collaborative culture is more important than ever in enabling digital transformation

The pandemic’s disruption will leave a lasting impact, but leaders must embrace new ideas to adapt to future transformation challenges.

For insights on how your organization can modernize its digital transformation strategy to accelerate transformation, join Red Hat’s Michael Walker, Mercer’s Melissa Swift, and HBR-AS’s Alex Clemente on September 21 for Accelerating Transformation for a Post-Covid-19 World.

Participants in the webinar : 

Alex Clemente
Alex Clemente
Managing Director, Harvard Business Review Analytic Services


Michael Walker
Michael Walker
Head of Open Innovation Labs and Transformation Services, Red Hat

Melissa Swift
Melissa Swift
US Transformation Leader, Mercer

Todd Pruzan
Todd Pruzan
Senior Editor of Research and Special Projects, Harvard Business Review


Wednesday, September 15, 2021

Study visit to a Nandini milk collection centre in Anekal, Bangalore, India.

It was a great visit this morning, 15 Sept, MBA sem 3 Operations students with Prof. Sajan and myself, to the Nandini milk collection centre in Anekal. Nandini, Amul, Aavin, Aarey, Milma and other Operation White Revolution initiatives are the products of the milk revolution initiated by Dr Verghese Kurien and Sardar Vallabhai Patel from Anand in Gujarat.


In this modern fast world where IT and systems are controlling our daily lives, how many of us have thought of the pain people working in the dairy industry are taking for us, so that we can live comfortably in luxury and comfort. Day in and day out they carry these tasks without fail and ensure we continue getting our supply of milk daily. The cows have sadly entered an age where they are only supposed to produce milk mechanically daily, eat food, sleep, take rest etc and be at the mercy of humans. Imagine the plight of the animals. 

 

It was interesting yet painful visiting the milk collection unit in Anekal, one among the seven milk collection points for Bangalore city. There are 7 milk packaging units like the one at Dairy circle, though not as big, in Karnataka. In a day in the morning shift around 40,000 litres of milk and around 35000 litres of milk in the evening shift reach the collection centre from the different dairy farming cooperatives, properly sealed in 40-litre cans. The cans after unloading from the lorries are manually checked for any contamination, bad smell, odour, by a master checker. This is the first level of checking that happens. 


The second checking happens when the cans are emptied, one sample is taken from each cooperative lot. Milk is usually tested for many constituents (click here for an FAO document) but mainly at Nandini, it is tested for the quantity, organoleptic (taste, smell etc) and quality (fat, protein etc.) characteristics. The test results for organoleptic and quality characteristics are computerised and logged in. Students were eagerly looking for possible areas of digital transformation at the collection centre. 

 

 The milk from each cooperative is strained, not yet homogenised, it may contain buffalo and cow milk combined, weighed and sent to the chiller for cooling purposes at 4 deg Celsius. Based on the weight and fat content, the final remuneration to each cooperative union is calculated and disbursed.

 

Prevention of contamination of the milk cans is a very important part of the milk collection process. The cans are cleaned using chemical reagents to such a great extent using steam from the boilers inside the plant, that there is no way the cans can get contaminated.

 

The wastewater from the plant is treated in the in-house treatment plants to a safe standard before disposal. Getting them to potable quality is an expensive process and is avoided. The discharge is ensured to be not dangerous to human, animal or plant life.  

 

The milk collected, sieved, measured, tested for quality in the morning by 9 am is stored in the chiller at 4 deg Celsius and is usually sent to the Dairy circle Nandini plant for homogenization, pasteurization and packaging by afternoon. BTW, the west German designed and installed Dairy circle plant of Nandini is the second largest in the country after the one at Anand in Gujarat.

 

The milk collection is a process that is happening every day of the year continuously without a break. Milk supply cannot stop. The dedication and efforts of the workers at the collection plant are applaudable and need special mention, the employees are very committed to ensuring that we get the best, hygienic milk in our homes and hostels daily. All the employees were wearing headcovers too ensuring the highest hygienic standards in operation.

 

Milk fat and Solids-Not-Fat (SNF) are important constituents of milk that determine its price. www.nddb.coop

 

Being a highly perishable item, the collection, handling, processing, packing and distribution of milk has to be under the strictest standards of hygiene and quality standards, which were seen in the centre. 

 

The visit has exposed the students to understand the possible avenues of digital transformation and the difference between the people participating in the dairy farmer cooperative milk movement and the private entrepreneurship milk movement in the private sector. It has also helped them get an idea of the need for quality, on-time processing effective material handling and inward and outward logistics processes.

george

Tuesday, September 14, 2021

Resource scarcity in the green economy

 Consider these scenarios

1. by the year 2025, only 45% of the expected rPET (recycled poly ethylene terephthalate) output will be available in the world

2. By 2030, the world will just have one third of the resources of Nickel, Cadmium, manganese, Lithium etc needed for the battery market

3. Green hydrogen which can be used as an unlimited resource for energy for heavy industries in the future, the requirement for which will multiply by 100x to 300x over the next thirty years

4. Major global fashion brands have promised the world that they will move to 100% sustainable cotton by 2025, but have attained only 20% of that target now.

By our wholehearted embrace of the green economy and sustainability initiatives are we staring at a resource constrained world soon ?

 Click here for the article Green economy resource scarcity problems article in HBR (click here) by Dave Young, Hutchinson and Reeves July '21. 

What can we do to ensure that our march to green freedom goes unhindered ?

The industry can undertake these positive steps that can avoid such a crisis situation

1. have contracts of these resources into the future

2. getting the source of the resources

3. nurturing innovation in the process or eliminating the function 

4. extracting value by producing other products that rely on sustainable products

5. playing around with the scarcity and availability dynamics across different geographies

6. investing in technologies and organisations to help overcome resource scarcities

7. advocating public policy and statements for technologies and incentives

8. promoting industry and cross sector collaboration

These steps can help solve the resource bottlenecks and avoid any hiccups to the sustainability movement.

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