How Future Leaders Conference took Multan by storm?
In an ancient times, there was a poor couple who used to live in a small house. Surprisingly, a man would spend his whole day reading books & history while woman used to work for some money. One day after getting tired, woman said to him Why do you always keep reading these junk books […]
TRIZ: Curvy thinking paradigm for problem solving
The metamorphosed environment of todays 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 […]
Getting started with Benchmarking types: Demystified
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 […]
Industrial Benchmarking: Demystified
It has been a trait of mankind to constantly seek a better way of doing things. From an ancient times to todays 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 […]
Industrial Critical to x requirements: Demystified
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 […]
Data Types & Measurement Scales
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 […]
How to Track the Project?
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 […]
Value Stream Mapping: A Reviving Journey for Industrial Sector
Those who cant envision the future, wont 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 […]
Blue Ocean Strategy: Innovation Catalyst
Big Data: Hike in Industrial Manufacturing
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 […]