...been a problem in our country and lack of it has been blamed for all sorts of evil for hundreds of years. Even Rabindranath Tagore wrote lengthy articles about how Indian education system needs to change. Funny thing is that from the colonial times, few things have changed. We have established IITs, IIMs, law schools and other institutions of excellence; students now routinely score 90% marks so that even students with 90+ percentage find it difficult to get into the colleges of their choice; but we do more of the same old stuff. Rote learning still plagues our system, students study only to score marks in exams, and sometimes to crack exams like IIT JEE, AIIMS or CLAT. The colonial masters introduced education systems in India to create clerks and civil servants, and we have not deviated much from that pattern till today. If once the youngsters prepared en masse for civil services and bank officers exams, they now prepare to become engineers. If there are a few centres of educational excellence, for each of those there are thousands of mediocre and terrible schools, colleges and now even universities that do not meet even minimum standards. If things have changed a little bit somewhere, elsewhere things have sunk into further inertia, corruption and lack of ambition. Creating a few more schools or allowing hundreds of colleges and private universities to mushroom is not going to solve the crisis of education in India. And a crisis it is – we are in a country where people are spending...
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...The Sophisticated Innovator The Innovation Value Chain Rather than reflexively importing innovation best practices, managers should adopt a tailored, end-to-end approach to generating, converting, and diffusing ideas. by Morten T. Hansen and Julian Birkinshaw Mick Wiggins E XECUTIVES IN LARGE COMPANIES often ask themselves, “Why aren’t we better at innovation?” After all, there is no shortage of sound advice on how to improve: Come up with better ideas. Look outside the company for concepts and partners. Establish different funding mechanisms. Protect the new and radically different businesses from the old. Sharpen the execution. Such strategic counsel, however, is based on the assumption that all organizations face the same obstacles to developing new products, services, or lines of business. In reality, innovation challenges differ from firm to firm, and otherwise commonly followed advice can be wasteful, even harmful, if applied to the wrong situations. hbr.org 1179 Hansen_new.indd 121 | June 2007 | Harvard Business Review 121 5/2/07 8:05:09 PM The Sophisticated Innovator Consider how two different CEOs confronted the innovation challenges facing their companies. When Steve Bennett joined Intuit, the maker of the financial software programs Quicken and QuickBooks, in January 2000, it was a company with lots of ideas – most collected from outside the organization – but little discipline for bringing those ideas to market...
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...capture and manage ideas until successful implementation. The methods available and the inadequacy of methods employed are discussed in Task 01. To analyze the effectiveness further, a survey was carried out involving a sample of employees in different levels of the organization. A questionnaire was furnished which included aspects such as organization climate, current performance, policies and procedures adopted and the cognitive skills of the employees in encouraging innovation. The results of the survey are broadly analyzed in the Innovation Audit under the four criteria and are summarized in Task 02. The theory of analysis is taken from the teachings of Drummond and Ensor (1999). Best practices adopted by other companies who are best innovators in the world to be considered with regard to the innovation being the key driver for their business success. Innovative...
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...Local Venture Capital 10 4.4 Copyright and Patent Issue 11 5.0 Conclusion 11 References 12 1.0 Introduction Silicon Valley is in the southern portion of the San Francisco Bay Area in the United States. It is home to many of the world's largest technology corporations and small startup companies (Ref 1). In summer 2014, we took a technology field study trip to Silicon Valley with an aim to analyze the characteristics of IT industry in Silicon Valley and compare with Hong Kong. Through our study and information gathered from the site visits, we compare the synonym and antonym of the two places from different aspects. During the week of 18 Aug, we visited several technology companies like Google and CISCO, visited and attended lectures at 3 famous universities, and also spent the evenings experiencing local cultures. These are the highlights of these places: Technology companies: Google Inc. | Internet related services and products, online advertising, search engine, Android | Presentation by Julian ChuGoogle mission statement, company culture | NetApp Inc. | Network data-storage system solution provider | Presentations by Scott Dawkins, Carlos Richardson and Chad LewData storage for Amazon,...
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...where they want to go and they know how to motivate people to believe in this same vision they have for their community, country and their lives. They view things as what they could be and not what they are. 2. Wise Being a good leader usually means that they have to make critical calls at assorted points in their organization. Having the knowledge to make the correct call is crucial in making sure the organization is successful. Good leaders are strategic, wise and perceptive. 3. Passionate Good leaders are very passionate people. They're intensely obsessed in whatever they are focused on. It could be business, sports or a hobby, these individuals are intensely focused. They operate with such a high level of passion that they get consumed in it. They take action! 4. Compassion Good leaders have compassion for their supporters or employees. They have great coaching and development skills. While these leaders have goals to accomplish, they consistently care for the individuals that support them. They're not selfish individuals only thinking about their own wants and needs. Most have a heart for the people that follow them. 5. Charismatic Most good leaders are captivating. They're charming individuals and they tend to draw people in with their personalities. It could be in the way they talk, the way they carry themselves. They are excellent a building...
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...HEATER PRODUCT IN VIETNAM Table of Contents EXECUTIVE SUMMARY: 3 Introduction: 3 Purpose: 3 COMPANY BRIEF INTRODUCTION: 4 COMPANY INTERNATIONALIZATION POLICY: 4 TARGET MARKET AND ITS FEATURES: 4 Situational Analysis: 4 Market Challenges: 5 Market Opportunity: 5 BUSINESS MODEL: 6 PRODUCT AND TECHNOLOGY: 7 Product: 7 Promotion: 8 Place: 8 Price: 9 Technology Used: 9 MARKETING AND SALES: 10 Market Analysis: 10 Need For Market: 12 SWOT ANALYSIS: 12 Strengths: 12 Weakness: 12 Opportunities: 12 Threats 13 EXTERNAL ENVIRONMENT AND COMPETITION: 13 External Factors: 13 Customers: 13 Employees: 13 Competitor analysis: 14 MANAGEMENT TEAM: 14 Domain knowledge: 14 Growth: 14 Ambition: 15 FINANCIAL PROJECTIONS: 15 Financial Considerations: 15 Key metrics: 15 USES OF PROCEEDS: 16 Entry mode and Strategy: 16 SOCIAL PRACTITIONED: 17 ADVANTAGES AND DISADVANTAGES OF NEW VENTURE: 17 Advantages: 17 DISADVANTAGES: 17 RECOMMENDATIONS: 18 REFERENCES: 19 EXECUTIVE SUMMARY: Introduction: Having accomplished the perception of “prominent trademark” will enable Ariston to protest a more reputable place both in terms of image and customer reaction, but, above all, to firmly sustain legal protection. The holder of a prominent trademark can compete themselves against pretenders of goods and services certified in different categories. Moreover, by virtue of the concluded recognition, the possibility of proceeding advantage of the easier and significantly...
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... It has to be more convenient to customers. The etymology of the word “create” indicates to make something; while “creation” is something that shows skill, imagination or ability; and to be “creative” means the ability to invent, design or develop original ideas. Even in the simplest businesses, creativity can happen. In Manila, for example, a typical bakery would operate from 5:30 a.m. to 9:00 pm. A bunch of students made a feasibility study to inject the idea of a 24-hour bakery. Hence, Pugon de Manila was born. This is an example of an incremental innovation to the traditional bakery. Likewise, another group of students from Far Eastern University developed Taypen, cooking fuel from recycled animal manure. This is an excellent product that promotes clean environment, prevention of diseases and savings for the ordinary household. If you have taken familiar medicines for Diatabs, Lomotil, Polymagma and others for stomach problems, most likely you are already prone to...
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...in how it is used—in the customer insights that it provides. Based on such thinking, many companies are now restructuring and renaming their marketing research and information functions. They are creating “customer insights teams,” headed by a vice president of customer insights and made up of representatives from all of the firm’s functional areas. For example, the head of marketing research at Kraft Foods is called the director of consumer insights and strategy. Customer insights groups collect customer and market information from a wide variety of sources—ranging from traditional marketing research studies to mingling with and observing consumers to monitoring consumer online conversations about the company and its products. Then, they use the marketing information to develop important customer insights from which the company can create more value for its customers. 2. Discuss the sources of internal data and the advantages and disadvantages associated with this data. Internal databases are electronic collections of consumer and market information obtained from data sources within the company network. Information can come from many sources. For example, information on customer transactions, demographics, psychographics, and buying behavior can come from the marketing department. The customer service department can provide information on customer satisfaction or service problems. The accounting department can provide financial data. Operations reports on production...
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...WALT DISNEY PRODUCTIONS, JUNE 1984 One of the best examples of service through people is Walt Disney Productions… How Disney looks upon people, internally and externally, handles them, communicates with them, rewards them, is in my view the basic foundation upon which its five decades of success stand. —Peters and Waterman, In Search of Excellence In Search of Excellence didn’t simplify enough! In the private or public sector, in big business or small, we observe that there are only two ways to create and sustain superior performance over the long haul. First, take exceptional care of your customers via superior service and superior quality. Second, constantly innovate. That’s it. There are no alternatives in achieving long-term superior performance. Financial control is vital but one does not sell financial control. —Peters and Austin, A Passion for Excellence Ron Miller, president and chief executive officer of Disney Productions Inc., pondered the essence of his dilemma. For the past two-and-a-half months, his company had been the subject of a takeover attempt by Saul Steinberg, a well-known raider. The attempt had started innocently enough with the announcement of the purchase of 6.3% of Disney’s outstanding common stock. In subsequent announcements, Steinberg’s holdings rose to 12.1%. When Steinberg announced his intention of acquiring 25% of Disney, Miller undertook a series of evasive actions, including the purchase of Arvida Corporation for...
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...How to foster innovation in your business Presentation on the occasion of the Credit Suisse event 7th September 2013, Zurich Dr. Reto Müller Chairman of the Board of Directors Helbling Holding AG Helbling - a Leader in Technological Innovation and Business Consulting Helbling Group Key figures 2012 We are unique through our ability to integrate a spectrum of professional know-how, experience and skills. 458 employees Our ability to link technological expertise with business competence results in entrepreneurial success for our clients. Companies in Switzerland, Germany, USA and China Revenues CHF 110.9m International Network Offices (Corporate Finance International) Owned by 25 managing partners 2 Examples of innovations at Helbling Extract out of some thousand innovation projects in more than 50 countries Innovation leaders collaborating with Helbling: Nestlé, Roche, ABB, Airbus, Siemens, Medtronic, Schindler, Pfizer, Novartis, Sonova, Google, BSH, Geberit, Sika, V-Zug, Source: Helbling Qiagen, Tecan and many others 3 Strategic innovation management – selected Helbling references Companies Why Helbling? We measure ourselves - e.g. on the increase of the value of your innovation pipeline We are senior experts with over 15 years consulting experience and a focus on the topics "Increasing innovation success and increasing the power of innovation» We use self-developed tools and instruments ...
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...1) The cultural environment of a country is best defined by which characteristics? C) attitudes, beliefs, and values 2) Suppose you have a friend from India who is a lifelong vegetarian and who does not like McDonald's because the company sells hamburgers in many countries. Which of the following describes your friend? A) "vegetarianism" represents a value, "dislike McDonald's" represents an attitude 3) There is nothing inherently "good" or "bad" about any color of the spectrum and all associations and perceptions regarding color arise from culture. Which of the following statements is not true: D) Red color is highly preferred in some African countries. 4) Cultural influences are also quite apparent in food preparation and consumption patterns and habits. Domino's Pizza, the world's largest pizza-delivery company, pulled out of Italy because: C) Italians perceived its products to be "too American." 5) While some food preferences remain deeply embedded in culture, there is plenty of evidence that global dietary preferences are converging. Examples of such a change can be predicted from: C) the growing number of McDonald's restaurants globally. 6) American Nancy McKinstry recently became the new CEO at Dutch publisher Wolters Kluwer. As Ms. McKinstry noted, she had to drop the word "aggressive" in describing her strategic plan to company managers. She said, "I learned that the word has a negative connotation to a lot of Europeans. I was coming...
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...Abstract The airline industry is a highly competitive service industry that operates on thin profit margins the airlines have to be flexible and adjust quickly to changes in customer’s preferences, increased fuel costs, and changes in the economy that can have a direct impact on profitability. The airlines look for solutions such as adding services, offering discounted ticket pricing and receiving subsides from the government to ensure they remain solvent This requires each airline constantly monitor its business strategy to ensure that it exploits every opportunity to provide their customers with the best possible flying experience. 1) What drive the basic economies of the airline industry? The refining industry. The airline industry operates as a service industry in which it provides the transportation of its customers and their personal belonging from one destination to another for a fee. To provide this service the airlines require a large amount of capital to purchase and maintain expensive equipment and facilities. Their cash flow is generated from profits and the depreciation of their airplanes, this cash flow is used to repay debts and buy new aircraft. The airline industry is very labor intensive because it’s in the service industry and its customers require personal attention, this can be very expensive for the airline. Over one third of the revenue generated by the airline goes to pay its labor force. This labor force is also unionized and heavily regulated...
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...tablets, Fire TV and Fire Phone — and is a major provider of cloud computing services. Amazon also sells certain low-end products like USB cables under its in-house brand Amazon Basics. Amazon has separate retail websites for United States, United Kingdom & Ireland, France, Canada, Germany, The Netherlands, Italy, Spain, Australia, Brazil, Japan, China, India and Mexico. Amazon also offers international shipping to certain other countries for some of its products.[13] In 2011, it had professed an intention to launch its websites in Poland[14] and Sweden.[15] Names of All Group Members Awes Alrefae 8993 Yaman Naqawa 8282 Ahmad Alazmi 11608 Mohammed Alghoul Amazon.com: Global Strategic Analysis in internet and online industry: The Future of online shopping Competition Systems. GROUP GLOBAL STRATEGIC ANALYSIS PROJECT FOR MGMT 471 ROLE OF THE GLOBAL CORPORATION Sections of Your Group Global Strategic Analysis Report Must Include: Title Date Names and GUST IDS of All Group Members Executive Summary (as Shown on Front Page of Report) Country Background ***New Section for the Final Report** Industry Background Main Company...
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..................................... 4 Career Appeal........................................................ 5 Future Directions.................................................... 5 Why a Summit? ............................................................. 7 The Vision for Civil Engineering .................................. 9 Vision ..................................................................... 9 Profile of the 2025 Civil Engineer......................... 10 2025: The Civil Engineer’s World............................... 13 A Sustainable World ............................................ 14 Research and Development................................. 16 Managing Risk ..................................................... 18 Master Innovators and Integrators ....................... 19 Reform in the Preparation of Engineers ............... 20 What Next?........................................................................... 22 Acknowledgements..................................................... 26 Appendix A—Abbreviations ....................................... 27 Appendix B—Summit Participants ............................ 28 ii Appendix C—Members of the Task Committee to Plan a Summit on the Future of the Civil Engineering Profession .............. 33...
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...2015 2015 Quality Management Quality Management Auther simranjeet singh Auther simranjeet singh Submitted by – Simranjeet singh 0Student id – 074627 Assignment – Quality management Date – 18 February 2016 Tutor – Diana dimitrova Table of Contents Outcome -1 Difference between quality and total quality 1 Key element of total quality 2 Keys to implementing total quality 3 Identify discuss terms and concepts of total quality.4 Future of quality management in 21first century.5 Outcome - 2 Define ethics and organization factor 6 The role of trust, value, and responsibility………………………………………………………………..….................7 Managers role in organization……………………………………………………………………………………………………………8 Ethical decision making……………………………………………………………………………………………………………………..9 Corporate social responsibility…………………………………………………………………………………………………………10 Outcome - 3 Organization structure and internal structure………………………………………………………………………………….11 Conflict in workplace……………………………………………………………………………………………………………………….12 Conclusion………………………………………..…………………………………………………………………………………………….13 Reference………………………………………………………………………………………………………………………………………..14 Introduction The main objective of this assignment to study of quality management. Quality management is the process of making sure that the company satisfies the customer’s expectations by giving them with products or solutions that are reliable. In a manufacturing company this can include offering products that have little...
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