Executive Pay: The Curious Case of Carlos Ghosn’s Arrest
February 12, 2025
In recent months, all of us have heard extensively about the “war on cash”, the move to make India and other countries “cashless economies” and the general trend among policymakers worldwide to move the economies of the world to a digital and information enabled paradigm. In this context, it is worth noting that the emphasis […]
The derivative market can seem like a world unto itself. The market is so large and so different from the other markets that it has its own language. A new person trying to trade derivatives may not even understand the information that is being offered to them. It is therefore necessary to understand the vocabulary […]
Let me first ask you all a question. Where do individuals spend the major part of their day? Yes, it is their respective organizations – a place where people work to earn their bread and butter. Do you think you can afford to have enemies at a place where you spend eight to nine hours […]
A lot of developing countries do not have the finances required to build large scale infrastructure projects. However, these countries do have large parcels of lands in urban areas. There is a dire need for infrastructure projects in the developing world. Cities like Beijing, Mumbai, Karachi and Bangkok are bursting at their seams due to […]
Systems Model of Change The Systems Model of Change or Organization-Wide Change lays more emphasis on the fact that a change must be implemented organization-wide instead of implementing it in piecemeal. This model provides a whole new dimension to the concept of organizational change and describes the role played by six interconnected or interdependent variables […]
The Project lead is the second most important person in the entire Six Sigma project exercise. The Project lead reports to the Project Champion. The Project Lead is also selected by the Project Champion to execute a given Six Sigma project. The role and responsibility of a Six Sigma project lead have been listed below:
The Project Lead is required throughout the Project. However, the most important work of planning the Six Sigma project has to be done by the lead in the first stage of the DMAIC/DMADV process. This is when the Project Lead is planning and organizing. Later, the project lead delegates work to the other members of the Six Sigma team. The role of the Project lead then shifts from being actively involved in work to passively managing work and controlling the outcomes.
The duties that a Project Lead is expected to fulfil are as follows:
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