‘It cannot be done!’ said the Swiss watch makers. In the watch industry, the Swiss are the ultimate court of appeal. The way the Titan Edge, the world’s slimmest water resistant watch was produced, is a lesson in persistent and patient problem solving, innovations. It was an example of an Indian company’s refusal to give …
There is a place in the distant mountains which is always calm and peaceful, where the earth is laden with luscious fruit and wholesome grain, where people are vital, healthy and happy. Where every edifice is artistic and beauty clothes every home in the loveliness hand made artifacts and the community is one happy family. …
Work-life is so pervasive that often all other aspects of the individual wither away. A key challenge, when companies are tracking stretch goals, is maintaining work-life balance. Top management would also benefit from attending this presentation. Let each person set their personal goals for the year and share it with a friend, who will work …
While products or services may be similar, it is possible to differentiate your product by offering a unique service. For instance, while all airlines are the same, Kingfisher Airlines distinguishes itself with the way helpers take care of luggage and especially in the way the passenger is treated as a ‘guest’. All hospitals aim to …
The climate in many Indian companies is one of maintaining status quo. Even in fast track companies, Indian managements are more likely to opt for minor charges rather than dramatic breakthroughs. Respect for authority is a key factor in Indian companies. Tradition and precedent are the sacred cows. An individual rarely crosses the invisible borderline …
Face problems in your organization bravely. Fear of problems can lead to ineffective solutions which can further damage your business.“Instead of pouring knowledge into people’s heads, we need to help them grind a new set of eyeglasses so that we can see the world in a new way.” – J. S. Brown Give the team …
Friendship can immunize you against heart attacks confirms research by Dean Ornish, MD. Those with five or more close friends are more likely to avoid heart problems. The real epidemic is not heart attacks but attacks of loneliness and sadness. Those who feel their wives love them are more likely to recover from a heart …
Innovation can lead to higher profits!‘Innovation is the central issue in economic prosperity‘ – Michael Porter , Harvard Business School. Companies which are innovation stars, do better in the market place. This has been proved by research, which also shows a clear link between better innovation practices, employee involvement, customer satisfaction and a higher market …
When you take the germinal product into a protected test market, observe the way it is used by customer. Try different version of it, if possible. For example, a manufacturer of metal furniture is carrying out hands-on experiments with customers in different retail formats whilst developing wooden furniture that customers can accept as easily as …
Let all members of the team analyze and discuss the problem. Break up the problem and analyze it in all its parts. Study the past, present and future of the problem as team members perceive it. Let everyone have a chance to imprint their personal view point of the problem.Certainly a person on the assembly …
