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Nov 08, 2016

TRIZ: Curvy thinking paradigm for problem solving

in Business plans, Competitive research, Engineering & Infrastructure, Innovation, International, Optimization, Uncategorized

The metamorphosed environment of today’s industrial world has made it clear, that , only an organization or individual adaptable to changes, willing to transform the processes as per global metrics can withstand the envisioning era of disruption. Many global giants are on their way to become a bigger behemoth while the other medium enterprises are […]

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Oct 31, 2016

Getting started with Benchmarking types: Demystified

in Business plans, Competitive research, Engineering & Infrastructure, Innovation, International, Optimization, Uncategorized

In our last post regarding benchmarking, a generic light is shed over the subjected terminology. Now, let us cast an eye over the generic types involved in a subject. There may be a multiple number of benchmarking notions, but here we will focus over the major shots. Internal Benchmarking It allows organizations to do scrutinize […]

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Oct 24, 2016

Industrial Benchmarking: Demystified

in Business plans, Competitive research, Engineering & Infrastructure, Innovation, International, Optimization, Uncategorized

It has been a trait of mankind to constantly seek a better way of doing things. From an ancient times to today’s technological hype, no one really seems to be contented, when it comes to managing process in business industry. Amidst of massive inventions & demystified advancements, a trait following which many modern continuous improvement […]

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Oct 18, 2016

Industrial Critical to x requirements: Demystified

in Business plans, Competitive research, Engineering & Infrastructure, Innovation, International, Optimization, Uncategorized

In an era of rapid changing customer requirement, industrial parameters are facing cumbersome situation to adapt the prevailing norms. What seemed to be a pompous invention a decided ago, holds a little significance today. The reason is, world is facing a new disruption, in terms of technological & digitization intervention.  How come a company can […]

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Oct 13, 2016

Data Types & Measurement Scales

in Business plans, Competitive research, Engineering & Infrastructure, Innovation, International, Optimization, Uncategorized

Data Data is a sophisticated & factual base behind any information, without which no theory or prediction can hold any significant value. Example  Global warming is increasing per year.  (Vague information) Global warming is increasing at 0.25% rate per year.  (Factual thing) Thus, data is a base of everything, as Albert Einstein beautifully crafted it […]

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Oct 07, 2016

How to Track the Project?

in Business plans, Competitive research, Engineering & Infrastructure, Innovation, International, Optimization, Uncategorized

Project A project is a unique, transient endeavor, undertaken to achieve planned objectives, which could be defined in terms of outputs, outcomes or benefits.Basically it follows a certain equation, in terms of execution. Y =f(x) It entails that, x inputs are transformed by Function f into outputs y.Thus, a project involves a certain flow encompassing […]

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Sep 18, 2016

Value Stream Mapping: A Reviving Journey for Industrial Sector

in Business plans, Competitive research, Innovation, International, Optimization, Uncategorized

“Those who can’t envision the future, won’t have one” In life, a constant and most frightening phenomenon is change. It is pertinent to shifting from being a vegetarian to non-veg (in a typical life). But how does this change impact global players? How come some corporations keep rising higher while other competitors begin t fade […]

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Sep 11, 2016

Big Data: Hike in Industrial Manufacturing

in Business plans, Competitive research, Engineering & Infrastructure, Innovation, International, Optimization, Uncategorized

In the last two decades, many manufacturers around the world have enjoyed a surge in the profit bottom-line through the implementation of Lean Six Sigma initiatives within their systems. Although, many get benefitted with the optimization approach, but still some vacuum tend to be left in certain sectors like pharmaceuticals, mining etc. As per the […]

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Sep 07, 2016

Balanced Scorecard: Macroscopic Organization's eyelook

in Business plans, Competitive research, Innovation, International, Uncategorized

Kaplan and Norton describe the innovation of the balanced scorecard as follows: “The balanced scorecard retains traditional financial measures. But financial measures tell the story of past events, an adequate story for industrial age companies for which investments in long-term capabilities and customer relationships were not critical for success. These financial measures are inadequate, however, […]

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