Entrepreneurship

Why do most enterprises fail to 5S implementation?

Understand the key facts that cause most of the enterprises are fails in the implementation of 5S at all levels of production floor.   Yesterday, a friend sent me a 5S CD, which was a video of him conducting 5S training at other companies and want me to give suggestions. When I saw him talking […]

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Personnel Assessment System | Increase efficiency in enterprise

How the impact of personnel assessment system, and motivation system on the efficiency of the enterprise processes. Herein this article, we are going to discuss in details.   To develop a Personnel Assessment System and motivation system, the starting point is a real assessment of the staff: Who and how performs their functional duties. What

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Formulating Innovative Goals for Organizational Development

Innovative Goals | To achieve the goal of the development of the organization, an innovative strategy is developed, the implementation of which, in turn, requires targeted management of innovation, i.e. the formulation of an innovative goal.   What are Innovative goals? The Innovative goals are set of objectives, that are designed to be creative, original,

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Voice of Customer (VOC)

It is well known that if a business wants to know its bottom line, it must first assess the current performance of its business. Based on that, businesses get comparative statistics against the future results of their business. Which basically makes it easy to understand the needs of customers, market conditions and end product requirements. Through which

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Production management – Functions & Importance in Business

The Production Management is an operational process, which commercially operates and controls all the available resources i.e., manpower, machinery, money, materials, markets and methods to convert raw materials into products. It is used in the operational areas for quality products, planning, direction, execution of production activities and control of industrial processes. Executing this process allows

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Kano Model – Analysis Tool

What is Kano Model? || Kano Model Process Flow table || Kano Model Analysis [ Basic (Most be required)] / [Performance (More is Better)] / [Delighters] || 5 Steps of Kano Model Process – How to Use Kano Model? ||     What is Kano Model?   Kano Model is systematic approach to prioritize customer requirements based on understanding customer needs and value

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Business Model Canvas | Examples

The business model canvas is a strategic graphic representation may contain consecutive of variables that show the values of new or existing business model. Most of businesses are using this model to ensure status of a business, it may include customers, financial, products’ value proposition, infrastructure and potential channels. Business Model canvas components Business Model

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Small business Startup Checklist

The small business startup checklist outlines basic guidelines and points that helps you to refer and check out during implementation at stage of business startup. Typically, this comprehensive checklist may include various small business ideas, business planning, legal & government aspects, market analysis as well as financial requirements and management.   Good business idea     Whenever

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Increasing Enterprise Value and Improving Organizational Culture

 Increasing the value of the enterprise while simultaneously honouring the social responsibility of the enterprise. : Successful executives are highly focused on one fundamental goal Increasing the value of the enterprise typically involves three steps shown in below image. First, executives determine a strategy that will increase the value of the enterprise. Secondly, they identify

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