When it comes to good decision making, relying too heavily on automatic decisions stemming from perception or depending too much...
Read moreModern day world is extremely complex and interwoven with a lot of variables and uncertainties. Managing businesses is extremely tricky...
Read moreThere are various ways in defining an Enterprise Resource Planning System. This is how it has been defined by American...
Read moreIn the contemporary scenario of modernization and globalization, organizations heavily rely upon technological advancement and innovation in the field of...
Read moreIntroduction In today’s information and communication age, there is a constant reference to information systems and management of information systems....
Read moreIntellectual Property Rights (IPR) safeguard the creations of the mind, offering legal protection to inventors, artists, and businesses for their...
Read moreWith the globalization of the world economy, there has been a concomitant rise in the number of companies that operate...
Read moreInternational trades between countries and across continents have existed for centuries including previous civilizations. Traditionally international trade consisted of traded...
Read moreIn any business or organization, all functions are interlinked and connected to each other and are often overlapping. Some key...
Read moreIn customer centric business environment, it is critical to have an effective plan to manage production capacity, materials availability and...
Read moreIntroduction The very essence of any business is to cater needs of customer by providing services and goods, and in...
Read moreProject Management is the art of managing all the aspects of a project from inception to closure using a scientific...
Read moreThe Six Sigma philosophy believes in statistical facts. There is no room for error and therefore there is no room...
Read moreControl is all around us. We control the household appliances, the time schedules we follow and such mundane tasks of...
Read moreThe mention of the Measure phase of the Six Sigma module brings into mind pictures of statisticians performing complex operations...
Read moreThe Composition and the Reporting Structure Any Six Sigma Team usually has 7 types of personnel and a three layer...
Read moreSix Sigma is a data-based methodology to improve performance by reducing variability. It requires thorough understanding of product and process...
Read moreDefinition of Supply Chain Management If you go to a Supermarket and pick up a few items off the shelf...
Read moreTo understand the meaning of “Total quality management”, let us first know what does Quality mean? Quality refers to a...
Read moreWe often hear the word globalization in many contexts and repeated frequently as a concept to denote more trade, foreign...
Read moreWe all need the support services that we often take for granted to be available to us 24/7 and whenever...
Read moreDevelopment of Global Business Organizations, Multi National Corporations and the Corporate has always found a lot of academicians as well...
Read moreThe Wealth of Nations by Adam Smith is perhaps one of the most influential books on Economics in all history....
Read moreIn recent years, the term Business Process Outsourcing or BPO has gained prominence and the trend of outsourcing back office...
Read moreA check sheet is a simple tool that was once a part of the seven basic tools of six sigma....
Read moreAs we have seen, Six Sigma is an elaborate methodology. It requires time to learn and even more time to...
Read moreOne of the most important purposes of development of computer systems was the database application which could have been used...
Read moreInformation Technology is the application of computers and techniques to restore retrieve and manipulate data often within an organization. To...
Read moreDemand Planning: The objective of this function is to create a demand plan, based on historical sales data. The demand...
Read moreInternational Businesses and the Opening up of Emerging Economies The previous articles in this module have discussed the contours of...
Read moreIndia has emerged as a hot destination for BPO work in recent years. The success is mainly due to the...
Read moreOver the last five decades, Decision Support Systems (DSS) have come a long way. They have transformed from automated systems...
Read moreIn previous modules, we have alluded to the global economic crisis and the impact it had on the various sectors...
Read moreUse of computer systems is a post second world war phenomenon. The first working computer was developed by two scientists...
Read moreAny time you walk into a super market and pick up any stuff like a knife or a toy and...
Read more“Quality management” ensures superior quality products and services. Quality of a product can be measured in terms of performance, reliability...
Read moreInventory management and supply chain management are the backbone of any business operations. With the development of technology and availability...
Read moreSupply Chain Management is a broad-based function that encompasses all business and operational processes involved in but not limited to...
Read moreToday the need of the hour is for the Organizations to be competitive and embracing new methods, processes, to keep...
Read moreIntroduction It is very important for an organization to have well defined objective. A well-defined objective facilitates development of strategies...
Read moreA large amount of work needs to be done in the measure phase. This work also has a large impact...
Read moreWhen organizations were first formed they were largely people driven. Before we delve any further, it would be useful to...
Read moreClosing a Six Sigma project is an elaborate exercise. One of the biggest parts of this exercise is the explicit...
Read moreSince the entire premise of having a Six Sigma process is based on measurement, comparison of measurements and setting corrective...
Read moreA surprising number of projects begin without considering the human resource aspect in mind. If a Six Sigma project were...
Read moreThe analyze phase is one of the most dreaded phases in the Six Sigma methodology. There are common assumptions made...
Read moreImagine that you are running a small scale organization and have been in business for over five years. You have...
Read moreAccording to the PMBOK (Project Management Body of Knowledge) 3rd edition, A project is defined as a “temporary endeavor with...
Read moreDefinition of Six Sigma Six Sigma is not a mere methodology or a quality tool. It is a philosophy i.e....
Read moreStratification is used mostly in the define stage of a six sigma project. When to use the stratification technique is...
Read moreIntroduction: The Problem of Piracy No discussion on intellectual property rights (IPR) is complete without mentioning the problem of piracy...
Read moreManaging Business operations in current times is a big challenge. Apart from having to keep looking at the bottom lines...
Read moreIntroduction The last decade has shown rapid development in the information technology and its application. This has helped changed the...
Read moreThe first step in the measure phase of a six sigma project is to create a detailed process map of...
Read moreQuality is an essential parameter which helps organizations outshine their competitors and survive the fierce competition. The success of total...
Read moreDuring 1990s’, the popular method of exchanging information between trading partners were Electronic Data Interchange (EDI) and all major ERP...
Read moreThe other modules discuss the phenomenon of globalization and the ongoing global economic crisis among other topics. This module is...
Read moreIt is very interesting to study how Organizations and Businesses grow, evolve, change, mature and also decline over a period...
Read moreAfter the control charts have been created and deployed, the control phase of the DMAIC methodology comes to a close...
Read moreFinite Resources and Infinite Consumption We live in a world of finite resources many of which are consumed at an...
Read moreIntroduction International production and operations management deals with production of goods and services in international locations and markets. It involves...
Read moreLimitations of Decision Support Systems Decision support systems have been incorporated into businesses to support human intelligence for years. However,...
Read moreSupply Chain Management encompasses, planning, design, control and implementation of all business processes related to procurement, manufacturing, distribution and sales...
Read moreInventory is a necessary evil that every organization would have to maintain for various purposes. Optimum inventory management is the...
Read moreOrder based Planning: Order-based planning is the functionality that plans planned orders to cover components and end items. This functionality...
Read moreIn the highly competitive world of business and marketing, Organizations are pushed to be ahead of the race and walk...
Read moreThe Supplier, Input, Process, Output and Customer (SIPOC) Matrix is one of the most important tools that must be used...
Read moreThe Project Champion is the person responsible for identifying the Six Sigma Project and making it an organization reality. The...
Read moreFor implementing any Human Resource Information System (HRIS) project successfully, the system design requirements should be given utmost importance and...
Read moreIntroduction An information system is integrated and co-ordinate network of components, which combine together to convert data into information. Components...
Read moreIf you speak to a small business owner about their capability to manage a grocery store, you will constantly find...
Read moreWhat is Hypothesis Testing ? Hypothesis testing is one of the statistical method used to confirm the effect that critical...
Read moreA project in any organization is collaboration across departments to achieve a single well defined objective. The process of planning,...
Read moreSix Sigma has really become a management buzzword. A lot of people use it in very different contexts. As a...
Read moreThe Case for Patents The Pharma sector is often caught in the fight over whether the enforcement of IPR or...
Read moreDBMS today enjoys one of the most important positions when whole IT Structure of an organization is kept into perspective....
Read moreAny student or professional wanting to understand more about Imports and Exports would have to understand the history and economic...
Read moreIn the last decade or so, the threats to the working environment of companies have multiplied ranging from 9-11 type...
Read moreIt is a fact that India has been at the forefront of the BPO/Services revolution and its firms have garnered...
Read moreIf the data type that needs to be charted is discrete, then it must fall between one of binary or...
Read moreWhen we talk about Disaster Recovery and Business Continuity plan for any business or organization, we need to necessarily plan...
Read moreIn previous articles, we looked at how the BPO phenomenon has played itself out in India and other Asian countries...
Read moreDuring 1990, ERP market was dominated by few vendors namely SAP, BaaN, Oracle, People Soft and JD Edwards, who were...
Read moreAll Manufacturing and Marketing Companies hold Finished Goods inventories in various locations and all through FG Supply Chain. While finished...
Read moreThe previous article in the module introduced the global economic crisis with a brief overview of the causes. This article...
Read moreStep 1: Decide Between a Normal Process Map v/s Swim Lanes Process maps can be built in the usual way...
Read moreThe previous articles have mentioned about the need for a business continuity management program and the components of a typical...
Read moreIntroduction It is often observed that term information system and information technology are used interchangeably. In a literal sense, information...
Read moreNo doubt international trade has existed spanning civilizations, in the current global economic situation no country can keep away without...
Read moreLogistics has aided and contributed to enabling global trade. Third Party Logistics Service Providers both at global levels and local...
Read moreIntroduction In last decade or so technology has changed the way organization conduct their business. Advent of technology in operation...
Read moreTo survive and grow your business in the current times, you have got to learn the ropes of business once...
Read moreTo Expand Sales The first and foremost reason is that western multinationals would like to expand their sales and acquire...
Read morePlanning is the first step involved in system implementation. It is the very basic function which describes effectively the very...
Read moreProcess driven organizations are the exact opposite of a people driven organization. It relies on the principles of Corporate Law...
Read moreThe evolution of organization theories from mechanistic to people based ones has influenced the approaches taken by managers in organizations...
Read moreIt is of utmost importance for any business enterprise to maintain their existing customers. A proper after sales service through...
Read moreThe Project lead is the second most important person in the entire Six Sigma project exercise. The Project lead reports...
Read moreTotal Quality Management is a combined effort of both top level management as well as employees of an organization to...
Read moreThe confidence interval is a central concept of hypothesis testing. Although understanding its mathematical and statistical meaning is beyond the...
Read moreWhat Is Sigma ? Sigma or standard deviation is a statistical measure of dispersion in data. It is a measure...
Read moreContinuous analysis of organizational decision-making process is essential to high quality and transparent decisions; otherwise a business runs with a...
Read moreJust like there are many types of discrete data charts available, there are also many types of continuous control charts...
Read moreThe Six Sigma project is not complete until the concerned personnel who have to operate the process have the know-how...
Read moreThe SIPOC Chart, being one of the fundamental documents of any process improvement project must be developed in such a...
Read moreThe business intelligence tools or decision support systems aid decision making in an organization. An effective DSS provides you with...
Read moreWhen and if a disaster strikes any business operation or organization, what helps the Organization to deal with the crisis...
Read moreInformation technology is changing at a fast pace. Underlying ERP technology is needed to keep pace with first changing IT...
Read moreIn the context of growing market competition, organizations are focusing more on closer partnership across supply chain. Increasing efficiency in...
Read moreMuch has been written about the way in which India was one of the few countries that was relatively unscathed...
Read moreHR Metrics and Workforce analysis is a useful strategic tool for HR which shares information and evidences about the functioning...
Read moreThe list derived from the detailed process map needs to be shortlisted. This can be done in multiple ways. The...
Read moreIn the new world that is fast changing with rapid advances made in science and technology and shrinking borders, the...
Read moreProcurement Logistics, Manufacturing Logistics and Finished Goods Logistics functions are managed by different independent departments in a company. Though the...
Read moreCyclical Pattern: A cyclical pattern is defined as a predictive situation in which data points increase and decrease the process...
Read moreA process driven organization has certain obvious advantages over a people driven organization. Many old fashioned entrepreneurs still prefer to...
Read moreWhat is Information Overload ? We are drowning in a sea of information. We are inundated with news, views, opinions,...
Read moreWhen organizations have “flat” structures and consist of coalitions of people coming together with multiple loyalties, intersection of the organization...
Read moreQuality Management tools help organization collect and analyze data for employees to easily understand and interpret information. Quality Management models...
Read moreThe process owner is the person who is supposed to be in charge of the improved Six Sigma process. Since...
Read moreImagine your company’s biggest client calls with a complaint about product defects. This isn’t the first time and if we’re...
Read moreHypothesis testing is a very detailed subject. Understanding how to correctly conduct these tests is beyond the scope of this...
Read moreSix Sigma is a process oriented methodology designed to improve business performance by improving specific areas of strategic business processes....
Read moreIt is not only about Profits Of the many criticisms of globalization, the prominent critique relates to the fact that...
Read moreTransnational corporations or Multinational Companies as they are also called need to have robust and well thought out business continuity...
Read moreSetting up International Trade Mechanisms involves inter disciplinary processes including Finance, Logistics, Taxation and Supply Chain disciplines. Every Business Manager...
Read moreIntroduction All organizations strive to create value for their customers. This value creates mind space for product and services. Value...
Read moreEvery business organization that is engaged in manufacturing, trading or dealing with salable products holds inventories in one form another....
Read moreThere has been considerable debate in the industry in the past as to whether Six Sigma projects are worth all...
Read moreIn recent years, the BPO phenomenon has accompanied the increasing globalization of the world economy and has spawned a shift...
Read moreThe effectiveness of a computerized system or a software platform depends on its user interface design. Be it a routine...
Read moreIn the business world today, every customer expects Organizations to walk the talk. Being sensitive to customer expectations and to...
Read moreIntroduction Organization success is dependent on customer satisfaction and delight. Customer satisfaction is achieved through development of product and service,...
Read moreWhen we discuss globalization, we often take into account the fact that both countries that are partners in trade benefit...
Read moreMore Losers than Winners The previous articles in this module covered the topic of globalization in depth. Some of the...
Read moreThe fishbone diagram, which also goes by a couple of other names like the Cause and effect diagram and the...
Read moreSupply Chains ride on Logistics Networks and IT Applications/Internet. In this topic a brief introduction to each of the Logistics...
Read moreBrief Introduction about International Payments If you have shopped online on international portals or have received payments from abroad, you...
Read moreShift in the Process: A shift in the process is defined as a pattern in which seven consecutive data points...
Read moreWhat is the P-Value ? The P-Value is a statistical representation of the likelihood that the null hypothesis is true....
Read moreProject management is the art of managing the project and its deliverables with a view to produce finished products or...
Read moreIn previous articles, we have seen how Business Continuity Programs are formulated and how they are executed in times of...
Read moreThe Project Coach is the person concerned who is responsible to make sure that the team understand Six Sigma tools...
Read moreService Planning – Attending of unscheduled maintenance tasks arising out of breakdown and faults both for internal and external customer...
Read moreSix Sigma is a business management strategy which aims at improving the quality of processes by minimizing and eventually removing...
Read moreTypes of Variables In the equation – Y = f(X), Y is the dependent variable and it is dependent on...
Read moreBefore the Project Begins Six Sigma projects are meant to make the organization efficient. It is for this reason that...
Read moreInventory Management deals essentially with balancing the inventory levels. Inventory is categorized into two types based on the demand pattern,...
Read moreIn previous articles we have seen how the BPO phenomenon benefits the Western countries (US, Europe etc) by slashing the...
Read moreEnterprise Resource Planning (ERP) and Business Process Re-engineering (BPR) evolved almost at the same time i.e. 1st half of 1990....
Read moreManaging businesses in highly competitive environment and in global scenario is highly complicated. What has made the global giants like...
Read moreConverting Data to Information: The goal of a six sigma project is not to produce an overwhelming amount of data...
Read moreIntroduction Information systems can be defined as set of co-ordinated network of components, which act together towards producing, distributing and...
Read moreEvents: Events are the conditions which must exist for the process to be performed. It is something that happens as...
Read moreHuman Resource Information System (HRIS) often described as Human Resource Management System, in the present scenario can serve as a...
Read moreWell Defined Scope of the Project: A well-defined scope of the project is perhaps the most important deliverable of the...
Read moreData can be described as the backbone of any six sigma project. This is because the whole idea of six...
Read moreIn previous articles, we looked at the humungous benefits that the BPO phenomenon brings to the economies of the host...
Read moreDisaster Recovery and Business Continuity have become an integral part of the ongoing business process with most of the Organizations...
Read moreThe famous author and cheerleader for globalization, Thomas Friedman, in his book The World is Flat identified some key drivers...
Read moreIntroduction 21st century has been defined by application of and advancement in information technology. Information technology has become an integral...
Read moreInitial investment in acquiring and implementing an ERP system is substantial in terms of both human efforts and financial resources....
Read moreFredrick Taylor was one of the earliest thinkers in the field of business process management and also one of the...
Read moreGlobal Logistics Scene is dominated by a handful of ten to twelve multinational Companies followed by smaller companies altogether numbering...
Read moreGiven the usefulness of the fishbone diagram, it is essential that every student of quality and six sigma know how...
Read moreGlobal Capital, Local Resistance The previous articles in this module discussed how international businesses expand into overseas markets both for...
Read moreInventory procurement, storage and management is associated with huge costs associated with each these functions. Inventory costs are basically categorized...
Read moreA Job can be described as a group of tasks which is assigned to the individual employees for ensuring achievement...
Read moreInternational trade between an Exporter and Importer would entail multiple transactions in terms of documentation exchange, physical cargo movement as...
Read moreIntroduction The objective of organization is to provide service and product, which satisfy customer and create value for them. A...
Read moreThere are several components of project management that encompass the spectrum of project management. Right from the initial setting up...
Read moreIn previous articles, we have discussed how risk management teams and the management can help in planning for contingencies. In...
Read moreThe Finance Certifier is the only member of the Six Sigma Project team apart from the Project Lead that is...
Read moreSix Sigma is a well-known management breakthrough. There is a dearth of experts who have defined the process in their...
Read more“Kaizen” refers to a Japanese word which means “improvement” or “change for the better”. Kaizen is defined as a continuous...
Read moreDecision support systems are now widely used in organizations and military across the world, helping decision makers apply analytical, statistical...
Read moreCall Handling Proper operation of a help desk is an essential component of proper servicing and resolution of problems. Service...
Read moreEvery Christmas, Apple plays to the gallery where all Americans and the rest of the Apple fans across the world...
Read moreCorrelation analysis is a vital tool in the hands of any Six Sigma team. As the Six Sigma team enters...
Read moreThe shape of the data determines the type of tools that can be used to draw conclusions from it. Here...
Read moreOrganizations are decision-driven. The success or failure of each decision impacts a company’s strategy directly or indirectly. If organizational decision...
Read moreDisaster Recovery and Business Continuity plans if well planned and implemented can help mitigate risks and loss to the business....
Read moreLike other sectors in the corporate world, the BPO sector has been affected by the ongoing global economic crisis. For...
Read moreEmerging Market Cities and their Growth Potential Studies have shown that the number of cities in emerging markets is growing....
Read moreGlobalization is a phenomenon that can mean many things to many people. For the workers and the executives in the...
Read moreIntroduction Worldwide influence of the internet is well-established and acknowledged. Penetration rate of the internet has been phenomenal; almost 1/3rd...
Read moreImplementation of ERP System, is a complex exercise, involving many process alterations and several legacy issues. Organizations need a implementation...
Read moreGlobalization has given impetus of international trade which is increasing by the day. International trade involves multiple agencies, transportation agents,...
Read moreKernel of an ERP system comprises of a technical module (set of tools) which provides a foundation to various application...
Read moreIntroduction Objective of any organization is to provide customer satisfaction by building product and services, which not only satisfy needs...
Read moreInventory is a necessary evil in any organization engaged in production, sale or trading of products. Inventory is held in...
Read moreWhile Fredrick Taylor’s scientific management had help create huge American corporations that were quick to adopt the viewpoint, the 1970’s...
Read moreBusiness in present times is very challenging and dynamic. The nature of markets, life cycle of products and services as...
Read moreWhat is the Pareto Principle ? The Pareto Principle was an observation of a famous Italian economist named Vilfredo Pareto....
Read moreTotal Quality management refers to a continuous effort of management along with the employees of a particular organization to improve...
Read moreTalent Management in the contemporary scenario has received increasing importance from the corporate world and have been acknowledged as the...
Read moreTeam Member Selection Team member selection is a process that involves mapping of skills and strengths of each individual member...
Read moreThe scatter plot can be a useful tool in understanding the type of relationship that exist between the inputs (X’s)...
Read moreThe actual work done in a Six Sigma project is done by the members involved. The Project Lead, Finance Certifier,...
Read moreWhile Freight Forwarding is an important function of 3PL Service providers to facilitate the Supply Chain, another equally important function...
Read moreThe legendary founder of Infosys, N R Narayan Murthy once when asked what his greatest challenge everyday was replied that...
Read moreThe project begins when the top management assigns responsibility to the Project Champion. The Project Champion usually delegates the task...
Read morePrior to the introduction of Six Sigma philosophy, there was a debate as to whether Six Sigma is a goal...
Read moreA data collection plan is a detailed document. It describes the exact steps as well as the sequence that needs...
Read moreImmediately after receiving the initial information about the Six Sigma Project, scoping begins. Scoping is usually the first task done...
Read moreDrawing up a good Disaster Recovery plan and a Business Continuity plan involves the senior management of the Organization as...
Read moreEvaluation and selection of ERP package is an essential criterion for successful ERP implementation. Quality of selection will have a...
Read moreFacility Location is the right location for the manufacturing facility, it will have sufficient access to the customers, workers, transportation,...
Read moreWhile inventory classification of raw materials for Inventory Management purposes follows ABC Classification, Finished Goods inventory is classified under additional...
Read moreBuying a Desktop computer for your home or a Laptop for your use is very easy. You browse the internet...
Read moreAccording to many respected commentators like Nouriel Roubini and Joseph Stiglitz, the Global Economy is facing severe headwinds which can...
Read moreAfter the Japanese wave of business process management came the concept of Business Process Re-engineering which rocked the world of...
Read moreHow to Create a Pareto Chart ? A Pareto chart is one of the 7 basic tools of quality control....
Read moreNo understanding of Six Sigma is complete without truly understanding where it came from – Motorola. The backdrop of the...
Read moreIntroduction In the modern age of cutting-edge technology and continuous innovation, product life cycle is ever shortening. There is constant...
Read moreBoth Six Sigma and Total Quality Management are effective tools for quality management but a thin line of difference does...
Read moreInternational Trade has become the order of the day in the current environment of Globalization. The nature of economies namely...
Read moreUsers interface directly impact usability of an ERP system. A properly designed user interface provides proper accessibility to the intended...
Read moreIn the last couple of years, with the advent of the ongoing global economic crisis, many investors have been looking...
Read moreThe 5 why method or the Root Cause analysis method that has been described in the Tools section plays an...
Read moreHRIS is a systematic process of compiling different information for easily accessing them further. HRIS helps in training and development...
Read moreThere are several models of behaviour that the project manager can draw upon in his or her work. These include...
Read moreIn these turbulent times when the business environment is characterized by uncertainty and fraught with risks of all kinds, companies...
Read moreIn previous articles, we talked about how the ongoing global economic crisis coupled with domestic pressures affect the outsourcing of...
Read moreOrganizations world over have realized the need for re-structuring themselves and adapting business processes to be able to survive in...
Read moreGlobalization has not only expanded the product markets. It has also made organizations geographically more dispersed. Therefore, the way the...
Read moreThe method which is adopted to collect the sample obviously has large implications on the conclusions drawn from that sample....
Read moreThe next step in the Six Sigma journey is to have a clearly defined problem statement that will guide the...
Read moreDisaster Recovery and Business Continuity plans help Organizations stay on the course, minimize their risk to business operations and limit...
Read moreERP systems are complex, time consuming and expensive. Instances of failure of ERP projects abound including some high ticket failures...
Read moreThe previous articles have discussed the impact that the BPO phenomenon has had on the economies of the home and...
Read moreIN addition to functions covered by technical modules such as user’s management, License management, installation (as discussed in earlier papers),...
Read moreIntroduction For an organization to have an effective and efficient manufacturing unit, it is important that special attention is given...
Read moreFG Supply Chain consists of all activities involved in movement, storage and distribution of Finished Goods from the Delivery point...
Read moreThe global economic crisis that started in 2008 has engulfed the entire world and has laid waste to the process...
Read moreFrom Backwaters to Powerhouses At the start of the 1970s a widely held belief in the United States and in...
Read moreIntroduction A production defect in a company like GE (General Electric) might result in that specific product or the part...
Read moreAny inventory of Raw materials, finished goods as well as Intermediate in process inventory has an economic value and is...
Read moreAn organization can be viewed as a collection of processes. At the grass root level, an organization is nothing but...
Read moreSix Sigma Project initiatives help the organization in a wide variety of ways and at very different levels. This article...
Read moreThis module has covered the need for business continuity management as a paradigm to be followed by corporates. This article...
Read moreThis article addresses the question: Should Project Managers behave like Prima Donnas? The question posed is about the role of...
Read moreA scatter plot is a graphical tool. It has been designed to ensure that it provides a convenient view of...
Read moreThe International Trade is rapidly changing and evolving as a result of Globalization and advancement of electronic and communication science....
Read moreOnce the Scatter plot has been used to find out the correlation between the inputs being measured as well as...
Read moreIntroduction In the digital age, information technology plays an important role in the success of an organization. Technology provides edge...
Read moreAs the name itself explains, a model-driven decision support system utilizes a model to solve problems or aid in decision...
Read moreBusiness Process Improvement has gained ground in all sectors of business as an on-going program that is implemented from time...
Read moreFrom Oxcart to Wal-Mart As more and more international retailers make a beeline for emerging markets like India, China, Nigeria,...
Read moreForecasting For an organization to provide customer delight it is important that organization can understand what customer wants and how...
Read moreIn any Organization, the BPI initiative to be a success would need to be first understood and owned as well...
Read moreIn any company inventory management is one area that the managements always focus on when it comes to improving business...
Read moreThe previous article had touched upon the lack of regulation as a cause for the global financial crisis. This article...
Read moreA six sigma team is meant to concentrate on the solutions and not on the problems. It is for this...
Read moreWhen scatter plots were discovered, drawing them was a complex task. It often required the use of statisticians and scientists....
Read moreHuman Resource (HR): Though the pay rolls preparation through bespoke systems is one of the early adoptions of application software...
Read moreAny ERP implementation attracts expenditure on account of Operating System (OS) and Relational Database Management (RDBMS) for hosting the system....
Read moreMeasurement Systems analysis is an integral part of the Six Sigma project. No matter what project is being conducted under...
Read moreProject Management is both an Art and a Science Project Management is both an art and a science. It is...
Read moreIntroduction In this digital age with fierce competition, it is essential that managers within organization are completely aware and receptive...
Read moreIn previous modules on continuity of business, we had discussed how companies need to be prepared for any eventuality –...
Read morePerhaps the most frequently used and the most important type of processes in any company are the operational processes. These...
Read moreThe concept of insurance came about in the business field to cover the risk of loss of assets due to...
Read moreAs mentioned in the earlier articles, Six Sigma helps the organization develop at various levels viz. operational, tactical and strategic....
Read moreWhen you buy any Computer or Electronics Hardware or equipment, normally one of the questions asked to the sales person...
Read moreWhat is the PDSA Technique ? The PDSA or the Plan-Do-Study-Act technique is a famous QI or Quality Improvement Tool...
Read more“Knowledge should be shared. It only grows by sharing.” This phrase finds its importance in today’s highly competitive and economically...
Read moreThe main drivers of the BPO phenomenon are globalization, economics and geopolitics. To elucidate, ever since the global economy started...
Read moreInternational Trade is facilitated and controlled by Countries with the help of Foreign Policy, Export Import Regulations, Schedule and Tariff...
Read moreLike any other project, ERP implementation goes through various interconnected phases. These phases may be sequential but at occasions overlap....
Read moreInventory management operations are increasingly being outsourced to third party service providers, thereby ensuring that the investments and costs in...
Read moreWhat is Five Why’s Analysis? The Five Why’s analysis, also known as the root cause analysis is one of the...
Read moreIntroduction After 1990s there was a major transformation in the commercial world. All the organizations across industry sectors have started...
Read moreFor a long time in the 20th century, the global economy was divided into the developed West and the Third...
Read moreProject control module is used for organizing long term projects such as building a ship or power plant. The production...
Read moreOrganizations in current times are competing in a global market where time and distance have no meaning. Competition being intense,...
Read moreMost of us would have heard of the revolutionary quality management methodology and framework, Six Sigma. For quality professionals and...
Read moreIn a computer spare parts supply chain, usually the network consists of the country depot that stocks all the parts...
Read moreEnter Low and Middle End Segments of the Market It has been found that many multinationals find their sweet spot...
Read moreThe Perils of 24/7 Interconnectedness We live in a world that is not only integrated and interconnected largely but which...
Read moreAlthough the Six Sigma process has tried to make the process of developing problem and goal statements into a science,...
Read moreWhy are we being blindsided by Black Swans ? Whether you are an individual or a decision maker in a...
Read moreBidding is an essential and vital aspect of project management. Not only do the organizations and the project managers have...
Read moreIn previous articles in this module, we have discussed how the BPO sector has evolved and some future directions for...
Read moreEmbracing Business Process Improvement program is the ideal way for Organizations to make that leap to the next level and...
Read moreProblem solving and knowledge management go hand-in-hand. Together they have become one of the most important aspects of organizational decision...
Read moreThe purpose of measurement system is to validate the measurements before they are considered as factual data and used as...
Read moreTo function efficiently any organization has to achieve “homeostasis”. This word is used to describe the state of affairs wherein...
Read moreInternational trade is regulated through tariffs and trade laws established by the Country’s Federal Governments to control the imports and...
Read moreERP represents a wide suite of applications covering various enterprise functionalities. It also links together departments and business units. Whereas...
Read moreAll products and services fail! Even the processes which have already achieved six sigma precision fail. However considering the possible...
Read moreWhen any Organization Imports any item into the country, the cargo would need to be Custom Cleared. The consignment transported...
Read moreIntroduction Last two decades have seen great stride in information technology. The development in information technology has changed the way...
Read moreInsourcing is the opposite of outsourcing! Well, that sounds obvious, isn’t it? However, many people do not know what it...
Read moreIT systems are the most sensitive systems that are prone to failure and disaster. The risks that can cause breakdown...
Read moreThe latest trend in all industries has been to outsource inventory management functions to Third Party Service providers. Companies outsource...
Read moreSystemic Risks and their Impacts Business continuity planning and management is an approach that companies adopt to protect themselves from...
Read moreAs Supply Chain Activities are evolving and partnering changes in business models, the focus and activities are not restricted to...
Read morePolitical Instability The recent case involving GMR Group in Maldives wherein the new government cancelled the license of the company...
Read moreThe previous articles in the module have discussed how the global financial crisis has been caused due to a combination...
Read moreBusiness Process Improvement programs when designed with specific objectives and sponsored and facilitated by the senior management including Business Unit...
Read moreThese are the top level processes that an organization is exposed to. These include tasks that need a high level...
Read moreWhy do we determine whether a computerized decision support system application is worth considering or not? Why is there a...
Read moreNow that we have the problem as well as the goal statement handy, it is time to ensure that these...
Read moreThe production system design planning considers input requirements, conversion process and output. After considering the forecast and long-term planning organization...
Read moreAn ERP system is a process and not an end in itself. Perfunctory Implementing of ERP system will not boost...
Read moreTypes of Costs The following are the costs associated with the projects. Direct costs Any costs that are directly attributable...
Read moreAny Importer wishing to bring in cargo into the country may do so through air, ship, and road or multi...
Read moreSupply Chain Management (SCM): Improvement of supply chain is one of the last frontiers for improving productivity and supply chain...
Read moreWhat is FDI (Foreign Direct Investment) ? FDI or Foreign Direct Investment is the practice of international businesses investing in...
Read moreIn a previous article, we looked at how globalization benefits the young more than the elderly. This article looks at...
Read moreIntroduction Proliferation of information technology has increased in the last decade. Today’s organizations are acknowledging the importance of information systems....
Read moreAny inventory of raw materials or finished goods runs into thousands of SKU items. Especially in case of Raw Material...
Read moreDisaster Recovery and Business Continuity concepts are more relevant to IT and technology companies as well as the service industry...
Read moreApart from accuracy and precision, there are more factors that determine the soundness of a measurement system. Two of these...
Read moreIntroduction This article details the high level project plan and the components of the same. A project is a success...
Read moreWhen a proposal is put forward for implementing an ERP system, two questions are invariably asked i) How much it...
Read moreSupply Chain Management is concerned not only with the flow of raw materials and finished goods, but scope extends beyond...
Read moreGone are the days when outsourcing meant a steady stream of jobs being shipped to India. Now the trend is...
Read moreUsing Business Process Improvement as a tool to improve internal efficiencies and to bring about the desired changes in business...
Read moreSome Real World Examples of Person Dependence and its Perils A common problem across organizations in the contemporary corporate world...
Read moreIntroduction An organization can finalize its business plans on the recommendation of demand forecast. Once business plans are ready, an...
Read moreNow, since we know about the different types of processes that an organization has, it is essential that we understand...
Read moreWhat is Analytical Hierarchy Process (AHP) ? Analytical Hierarchy Process (AHP) is a mathematical tool of problem solving that has...
Read moreWhat is a Project Charter ? A Project charter is a 5 to 6 page document which collects all the...
Read moreDMADV is a six sigma methodology. It is used to design new processes or products where none exist and get...
Read moreThe underlying premise behind globalization is that the transfer of wealth from the developed countries to the developing countries would...
Read moreThe regulatory scandals involving HSBC and Standard Chartered (2013) have brought into focus the issue of how the outsourcing of...
Read moreIn effecting Imports as well as Exports, documentation plays a very important role. Especially in case of imports, the availability...
Read moreInformation and Strategy In today’s digital age information technology and information systems play an important role in success of organization....
Read moreIntroduction Success of an operation department of any organization is dependent upon an efficient production plan. One of the key...
Read moreIntroduction This article deals with the Automation project for a maintenance project in a software company. The project involves automating...
Read moreBusiness Intelligence (BI) – An ERP product provides hundreds of standard reports, generated weekly or monthly or year end basis...
Read moreThe Voice of Customer is not a tool that is used in Six Sigma process. It is the underlying philosophy...
Read moreWhat are Metrics? Metrics are numbers that tell you important information about a process under question. They tell you accurate...
Read moreNatural disasters are a difficult reality. Regardless of our beliefs, these disasters such as earthquakes and floods have a huge...
Read moreMeasurement Systems Analysis is a complicated exercise. However, Six Sigma provides a step by step procedure to conduct it. Also,...
Read moreWhy Banks Embrace IT and Automation We live in a digital age and hence, no institution of the global economy...
Read moreForeign Investment is more stable than fund inflows In recent years, “hot money” or speculative capital has flown into many...
Read moreOrganizations depend upon Business Process Improvement to make changes to the internal operations in order to drive efficiency in the...
Read moreInventory means an item of value and asset in the books of the Company. This is the most important category...
Read moreERP systems were developed based on generic need of various types of organizations, belonging to diverse business segments and further...
Read moreSupply Chain Activities constitute multi-modal transportation, customs clearance, and warehousing activities in one or more locations in the entire network....
Read moreWhat is De-Risking ? Outsourcing is a process that involves selection of vendors who would then do the necessary work...
Read moreIntroduction: What is IT Strategy and Why it is Important As the joke goes, A person who is sitting in...
Read moreInventory management as well as Supply chain operations are often overlapping and hold the key to the success of sales...
Read moreTypes of Foreign Investment and its Implications for Developing Countries With the opening of the economies of the world, there...
Read moreERP packages contain several modules, such as finance, sales and distribution, materials management, manufacturing and production control, human resources, plant...
Read moreWhile coming up with operational metrics one must not forget to begin by first clarifying and defining what they mean....
Read moreEver since the onset of the global economic crisis, there has been much talk about how globalization has reached its...
Read moreIntroduction For efficient, effective and economical operation in a manufacturing unit of an organization, it is essential to integrate the...
Read moreConventional shop floor control functionality of an ERP system, for the most part, is suitable for discrete manufacturing. However, during...
Read moreThe SIPOC methodology is one of the most useful concepts in the hand of a BPM expert. The idea behind...
Read moreLarge IT Projects and Delays and Cost Overruns It is estimated that more than 80% of IT (Information Technology) projects...
Read moreFamily owned businesses have been the norm from the time of the industrial revolution and in fact, they were the...
Read moreBusiness Process Improvement exercise is undertaken by organizations to improve their operational efficiencies, to remove redundant processes, eliminate wastage as...
Read moreThe Voice of Customer may sound like a simple exercise. However it would be safe to say that reading at...
Read moreOutsourcing of core Logistics function of Warehousing is fast becoming popular not only for Multi National Companies with global operations...
Read moreAny Organization that is engaged in Imports or Exports would require the services of third party Customs Clearance Agent as...
Read moreReforms driving International Businesses or Vice Versa? It is debatable whether the reforms in emerging and developing markets drive the...
Read morePublish Date: Nov, 2018 The Double Whammy of Unemployment and Austerity The situation in Europe and the United States is...
Read moreFinancial accounting module of an ERP package provides company wide control and integration of financial information. This module provides the...
Read moreThe Debate over IPR In recent years, intellectual property rights (IPR) have become the topic of intense discussion and concerted...
Read moreToday every individual entrepreneur owned businesses as well as Corporates have changed the way they look at their vision and...
Read moreWhen a management student passes out from college and is absorbed into any business organization, if he is lucky he...
Read moreIntroduction Scheduling and workplace planning is the final step in operation planning and design. Operation’s scheduling and workplace planning is...
Read moreIn keeping with technological changes in IT sector as well as evolving business need, there are discernable changes in ERP...
Read moreIn order to truly control a process, one must understand the inputs as well as outputs of the process. These...
Read moreA RACI matrix is a very important tool that can help in the implementation and correct functioning of a process....
Read moreIntroduction This article is a follow up of the earlier one related to the project management processes for an automation...
Read moreTRIZ Matrix is a technique developed by Russian scientists to formalise the process of innovations. TRIZ is a Russian Acronym...
Read moreIntroduction All companies undertake series of activities in order to deliver a product to the customers. These series of activities...
Read moreAs the name suggests, VMI stands for Vendor Managed Inventory. VMI involves a collaborative and continuous inventory supply owned, managed...
Read moreWe All Know What Offshoring Is! But, Do We Know What Near Shoring and Friend Shoring Mean? The term Offshoring...
Read moreBusiness Process Improvement programs are the favorites with most corporate Organizations which use it as a tool to help change...
Read moreEcosystem of Services Any business in order to function and grow needs an ecosystem of suppliers, vendors, and infrastructure that...
Read moreWhile improving business processes, it is essential that one document the process as well as any improvements made to it....
Read moreSupply chain operations and network extend beyond domestic boundaries and global boundaries of all countries. A logistical exercise originates at...
Read moreThe Importance of ERP Software In previous articles on Finance and Human Resource Management, we discussed how the finance and...
Read moreAccounts payable and Accounts receivable modules are two important execution modules under finance segment of an ERP system. Financial relationship...
Read moreFor any Business Organization which is eyeing a foreign market as a part of its Exports strategy, getting its Marketing...
Read moreThe Roots of the Present Economic Crisis The global economic crisis that started in 2008 has its origins in the...
Read moreEvery organization that is engaged in production, sale or trading of Products holds inventory in one or the other form....
Read moreThe Kano Analysis is a simple looking tool that has grave implications of the field of quality management. It has...
Read moreIntroduction The practice of project management has undergone a sea change in the way it is conceptualized and executed. Gone...
Read moreA process driven by primary metric alone is not fool proof. Operations managers always know that they face trade-offs. With...
Read moreIntroduction The waiting line or queue management is a critical part of service industry. It deals with issue of treatment...
Read moreLiving for the Next Quarter Of late, many publicly listed companies have been living “quarter to quarter” or the practice...
Read moreBusiness Process Improvement provides an excellent opportunity for Organizations to overhaul their existing operations, to increase efficiencies, eliminate wastage as...
Read moreIntroduction The concept of the value chain was introduced by Michael Porter. The concept helps categories’ activities undertaken by enterprise...
Read moreGood inventory Management practices in the company help by adding value in terms of having control over and maintaining lean...
Read moreCountries have long since realized the importance of furthering their interest by supporting the International Trade and Exports from in...
Read moreIntroduction Supply-chain management plays a pivotal role in ensuring goods, and services are delivered on time to customers. Within supply-chain...
Read moreThe final step in the metrics is to measure the financial benefits that are accruing to the firm because of...
Read moreThe Pugh Matrix is one of the most widely used methods of finding out the best solution once a number...
Read moreIntroduction The way business or commerce gets conducted has undergone a great deal of change due to the advent of...
Read moreThe Need to Encourage Foreign Investment The previous articles have discussed how international businesses need supporting ecosystems and business friendly...
Read moreIn any Supply Chain, Inventory Management and Warehousing form a part of operations intensive function and is one of the...
Read moreNever Let a Serious Crisis Go Waste The Chinese term for crisis is a combination of danger and opportunity, which...
Read moreEnterprise Resource Planning (ERP) is the lifeblood of any business today. Any business, be it a medium scale enterprise or...
Read moreHow Climate Change and Ecological Damage is Hurting Our Planet Everywhere we look around us, we see the impacts of...
Read moreOne of the major financial functions is the management of fixed assets. Asset management module primarily maintains asset register, which...
Read moreBusiness Process Improvement projects are undertaken by Organizations from time to time to improve their internal performance and operational efficiencies....
Read moreHammer and Champy’s concept of Business Process Re-Engineering depends on harnessing technology to optimize processes as its main driver. To...
Read moreCommunications planning involves identifying the information and communication needs of the stakeholders. This includes determining what needs to be communicated,...
Read moreGlobalization, Localization, and Glocalization It is a known facet of globalization that businesses that operate across the world have to...
Read moreThe Effect of Two Decades of Profligate Spending Everyone expects the global economy to recover in a magical way and...
Read moreIntroduction The role of information technology and systems is to improve productivity of organization. Information systems are deployed across functional...
Read moreProject integration management refers to the process of tying everything in place. Integration management deals with: Developing the Project Charter...
Read moreIntroduction Purchase of raw materials is an integral part of any business, i.e. manufacturing organization or service organization. Purpose of...
Read moreWhat is Risk ? Having the best people execute the plan does not guarantee success. There are a host of...
Read moreCountries all over the world try to promote exports. Almost every country offers financial incentives to exporters. Countries like China...
Read moreModern day inventory is managed by sophisticated system applications that are designed to manage complex inventory plans and to a...
Read moreOne of the greatest criticisms that have been mounted against the six sigma methodology is the fact that there is...
Read moreGlobal business models are rapidly changing. Shorter life cycles of products and new business need exert pressure on Supply Chain...
Read moreBusiness Process Improvement project happen to be the most effective tool to bring in effective process and operating efficiencies in...
Read morePolar opposite to the concept of Business Process Re-Engineering is the concept of continuous improvement. It was developed by the...
Read moreThe costing module is one of the important controlling modules which enables effective internal cost control and accounting. All functionalities...
Read moreThe Fortune 100 list of companies comprises of the top 100 corporations in the world in terms of size, revenues,...
Read moreAlthough the 5 Why’s is an elementary tool when it comes to six sigma methodology, it is nonetheless important. Since...
Read moreIntroduction The last two decades have changed the way business is getting conducted. Some businesses are still using traditional channel...
Read moreIntroduction Raw materials form a critical part of manufacturing as well as service organization. In any organization, a considerable amount...
Read moreThe Business environment is highly dynamic and the rules of business are being re written every day. Several changes in...
Read moreAccording to the PMBOK 3rd edition, A project is defined as a “temporary endeavour with a beginning and an end...
Read moreThe Project Risk Assessment Matrix is one of the required documents to complete the Define phase of the DMAIC methodology....
Read moreWhen an Organization chooses to outsource its inventory management services, the project success hinges on choosing the right partner because...
Read moreThe Harvard Business Review in 1992 took the business world by storm when Kaplan and Norton introduced the idea of...
Read moreAbstract The global economic crisis of 2008 brought home to the global investors the stark truth that they need to...
Read moreExport credit agencies are quasi-government agencies. These agencies are usually backed by government institutions. This means that they are under...
Read moreCash management module provides information relating to cash flow of the organization, by processing and analyzing all cash and bank...
Read moreGlobally outsourcing 3PL Market is growing fast. In the US, the industry is expected to reach over $150 billion as...
Read moreSome professions in the world are not considered to be as acceptable as others. This notion of acceptability is widely...
Read moreA KPI is a great tool to measure and control the performance of any given process. In management jargon, there...
Read moreIntroduction Plant and machinery in the initial days always perform to their fullest capacity but as time goes with regular...
Read moreBusiness Process Improvement projects are extensively used by Organizations from time to time to overhaul their existing processes and operations...
Read moreBill of Material (BOM) is a base functionality of setting up production module of an ERP system. A manufactured item...
Read moreProject Management is the art and science of managing projects with emphasis on quality, cost and time. If we take...
Read moreThe Rise of Oligarchies and its Effect on Consumers A noticeable phenomenon in the business world ever since the 1970s...
Read moreIntroduction Sales support systems were developed to assist the sales force in improving productivity. This improvement in productivity was through...
Read moreThe fishbone diagram, which also goes by a couple of other names like the Cause and effect diagram and the...
Read moreWhat is a Project Schedule ? A Project schedule is a document that contains vital information about the beginning and...
Read moreAbstract The three imperatives of sufficiency, safety, and sustainability of the global energy paradigm as it exists now along with...
Read moreIntroduction An important element of the supply chain is the retail. Retail is the place where the products and goods...
Read moreTo support the need to reduce cost and time to market, greater emphasis is needed to control shop floor activities....
Read moreIntroduction For an organization to be successful it is of paramount importance to exceed the customer expectations as to generate...
Read moreAdoption of quality frameworks like Six Sigma, ISO 9000 and Baldridge has ensured that companies derive a source of competitive...
Read moreSupply chain efficiencies depend upon the efficiency of logistics including transportation and warehousing operations. Warehouse efficiencies depend upon a combination...
Read moreUsing Gateways Gateways can split your processes into multiple paths. This is because the path which the process will take...
Read moreBusiness Process Improvement Projects have become a common tool for Organizations to help review their business operational processes from time...
Read moreChaos, Complexity, and Change The world is in turmoil. Whether it is the Eurozone debt crisis, the ongoing recession in...
Read moreAbstract The world of work is changing as we speak and the winners and losers in the workplace of the...
Read moreIntroduction Human resource is one of the pillars which defines a strong and successful organization. Workforce is the backbone of...
Read moreThe evolution of media and its interaction with business trends has gone through several waves. If it was Web 1.0...
Read moreIntroduction Quality of product and services determines success or failure of the organization. Consumers expect the company to maintain high-level...
Read moreTime and Material Billing Time and material billing refers to the billing process wherein actual number of hours worked and...
Read moreManaging Warehouse Operations is akin to playing a symphony with people, systems, and processes. As long as these elements are...
Read moreProduction Order Subcontracting – In the age of production outsourcing and the organizational focus on their core competency, subcontracting of...
Read moreIn modern times, the Business Rules are changing every day. Every Business, be it a Product or a Service, changing...
Read moreAlthough IT has been touted by the experts as being the bedrock of next generation of business in which large...
Read moreBusiness Process Improvement programs have become the major tools for Organizations to keep working on their internal operations to enhance...
Read moreIntroduction: The Future of Work Every morning in Africa, a Lion wakes up. It knows that it has to run...
Read moreIntroduction A successful organization is built on satisfied and trained employees. They are the company’s greatest assets. Employee development is...
Read moreInnovation is and has always been at the center of all human endeavors. People those who are able to perform...
Read moreAny warehouse operations are measured by service levels, volume of transactions handled quality of transactions and most importantly inventory health...
Read moreThe Perils of Overpromising It is often said that project management is both an art and a science. It is...
Read moreIntroduction Manufacturing has evolved considerably since the advent of industrial revolution. In current global and competitive age, it is very...
Read moreIncompatibility Creates Problems Developments in IT have created more problems than solutions because of the “incompatibility” among the various parts...
Read moreIntroduction Employee relationship management is management of relationship between employees and employers. It is made up of initiatives which improve...
Read moreWhat is Innovation and how did it evolve? Innovation is commonly known and defined as the ability or skill to...
Read moreGlobal capital is always on the search of the next profitable opportunity and this is the reason why the BRICs...
Read moreThe Perils of Person Dependence Imagine you are a project manager of a software project and are managing multiple resources....
Read moreBusiness Process Improvement programs are an effective way of overhauling the business operations, of improving the efficiency, of bringing in...
Read moreIntroduction To survive in the current competitive and global environment, it is important for the organization to continuously look at...
Read moreTechnology and the Urge to Solve All Problems The urge to create a perfect world has been there throughout the...
Read more3PL Logistics Service Providers are many in the market. There are players from Multi National background, regional players, local companies...
Read moreIntroduction: The Ethical Imperative for Project Managers While Ethics are important for all organizations and their employees and other stakeholders,...
Read moreIntroduction Information technology and system have changed the way business gets conducted. Every decision-making process is enhanced with utilization of...
Read moreIntroduction Decision making is crucial for survival of business. Businesses have to make decision considering the limited amount of information....
Read moreShock of Gray The term shock of gray refers to the phenomenon of the western societies having older people as...
Read moreIntroduction Organizations are very similar to living Organisms. They too go through a definite life cycle and different stages of...
Read moreWarehousing and Contract Logistics forms an important part of Supply Chain Networks. Contract Logistics projects are of two kinds. The...
Read moreCross Border Mergers and Acquisitions Cross border Mergers and Acquisitions or M&A are deals between foreign companies and domestic firms...
Read moreIntroduction Knowledge is very important for survival of organization. Historically, employees have gathered knowledge through trial-and-error method or by working...
Read moreBusiness Process Improvement projects are ideally suited for every business operation, especially to augment the process efficiency, to implement process...
Read moreIntroduction In any environment if a person is assigned to do the same task, then after a period of time,...
Read moreSome Problems that Projects Face Research has shown that nearly 80 percent of all projects run into problems related to...
Read moreThe Importance of Healthcare and Examples from around the World Health and Education are social sectors that need governmental support...
Read moreWarehousing Costing methods vary with the business models. While some warehouses using common shared facilities may be worked up based...
Read moreHow Culture Impacts Cross Border Mergers and Acquisitions With the advent of globalization, it has become common for western multinationals...
Read moreIntroduction Information systems have revolutionized the way businesses get conducted. It facilitates automation across departments. Information systems are getting actively...
Read moreThe Canadian healthcare system was known to be the best amongst all the developing countries in the world. This is...
Read moreHow Projects Fail Due to Poor Implementation and Last Mile Connectivity Most projects are planned properly and conceived rightly. However,...
Read moreIntroduction Product quality determines the success with the product. One of the key drivers of quality is the performance of...
Read moreCorporate transactions, including mergers, acquisitions, divestitures, joint ventures, and other methods of organizational restructuring and transformations, are strategically important in...
Read moreBusiness Process Improvement Projects have become a way of life with every Business Organization where they initiate these projects to...
Read moreIn any project involving outsourcing of warehousing operations, setting up a Distribution Center or Managing Plant logistics, if the project...
Read moreWhat is Due Diligence? Many of us would have heard the term Due Diligence in various contexts and situations where...
Read moreProject Managers Have to Learn to Deal with Uncertainties and Risks Project Management is the art and science of balancing...
Read moreIntroduction In the current globalized business environment, decision making is becoming more and more difficult. Some of the problems faced...
Read moreThe need for Inventory Migration from one warehouse to another warehouse does not come about very often in Supply Chain...
Read moreThe Emerging Phenomenon of Medical Tourism An emerging trend in healthcare management is the phenomenon of medical tourism or the...
Read moreBusiness Improvement Projects are great way of unleashing the operational efficiency and increasing the effectiveness of the entire business operations....
Read moreIntroduction: Productivity and Its Centrality to Growth We often hear the term productivity in many contexts and whether you are...
Read moreInventory Migration is a mammoth project exercise involving internal teams as well as many external agencies. Detailed planning, process, simulation,...
Read moreBusiness Process Improvement projects can be applied to any and every process in any industry. Using BPI it is possible...
Read moreWhat is Productivity and Why it is so Important? We often hear the term Productivity, bandied about in economics and...
Read moreDisruption is the Name of the Game We live in an age of disruption. Indeed, disruption is the norm rather...
Read moreUrbanization and its Problems for Corporates The world is increasingly being urbanized and this has implications for the corporate sector...
Read moreIntroduction Businesses require adequate capital to succeed in business environment. There are two types of capital required by business; fixed...
Read moreThe Need for Automation of Healthcare Activities There are many benefits to healthcare providers through automation. Not only will the...
Read moreIntroduction Financial analysis and planning are one of the fundamental activities and responsibility for the finance department. Financial analysis and...
Read moreWhat are Mediation and Arbitration ? Mediation and Arbitration are features of the business landscape that let aggrieved parties resolve...
Read moreWhat is Accountability and the Need for it in the Healthcare Sector? A well functioning healthcare system encompasses the principles...
Read moreThe Millennial generation has got used to living in an on-demand world. They buy food on demand, hire cabs on...
Read moreHow Agile Has Become the Talk of the Town and What it Means to Be Left Behind Walk into any...
Read moreWarranty Management had been traditionally viewed by companies as a cost of doing business. The costs of warranty management were...
Read moreMultinational companies are facing the problem of knowledge management. Industries like software and ITES hire extremely skilled employees to work...
Read moreThe Global Airline Industry and its Travails It is an open secret that airlines all over the world are bleeding...
Read moreWhy Do 80% of All Projects Fail to Deliver on Time and What can be done About Them Research shows...
Read moreWhat are Electronic Health Records (EHRs) ? An EHR or an Electronic Health Record is a computer readable store of...
Read moreIntroduction For an organization to succeed in the global and competitive world, it needs to have a robust strategic plan...
Read moreThe entire concept of business philosophy has moved away from traditional model to being more customer oriented, driven by demand...
Read moreAs children, we have always had to prove to our teachers or our parents that we have been working. The...
Read moreIntroduction In the modern global and competitive business world, it is very important to the companies to enjoy financial success....
Read moreWith an annual turnover of $400 billion, Wal-Mart is usually the biggest company on the Fortune 500 list. Its presence...
Read moreDesigning Supply Chain Network for each industry or business involves arriving at a satisfactory design framework taking into all elements...
Read moreThe American healthcare system has become so expensive that it is now a make or break issue in national politics....
Read moreWhy Project Managers Might Find Managing Remote Teams Challenging As workplaces became virtual and employees started working from home due...
Read moreThe fall of Wal-Mart Wal-Mart has been a global retailing behemoth. The rise of Wal-Mart is an amazing story, but...
Read moreIntroduction Tally is powerful accounting software, which is driven by a technology called concurrent multi-lingual accelerated technology engine. It is...
Read moreWidening Current Account Deficit The first and most important problem facing the Indian economy is the widening current account deficit...
Read moreCustoms Departments are the government designated authority to implement the policies related to import and export, collect customs duties and...
Read moreInternet Technology has impacted our day to day life beyond imagination. It has changed the way we make purchase decisions,...
Read moreHealth Insurance around the World All of us would have heard the term Health Insurance in some form or the...
Read moreCities are the Future of the World The future of the world would be in cities and urban and semi-urban...
Read moreCapability Maturity Models When organizations want to be certified for their quality or operational excellence, they usually turn to quality...
Read moreIntroduction Enterprise Resource Planning or ERP is one the most common term used among corporate world, business school and in...
Read moreWhat is meant by the Shock of Gray and its Implications? The Shock of Gray is a term used to...
Read moreNot long ago, purchase function was seen to be a desk job, monotonous paper work, dull and passive and more...
Read moreWhat to do when Businesses and Professionals Stagnate Stagnation can happen to anyone. Whether they are businesses, nations, societies, groups,...
Read moreIntroduction In layman’s term, e-procurement is nothing but electronic data transfer to support operational, tactical and strategic procurement. E-procurement has...
Read moreCompanies increasingly are becoming aware that their opportunity to having a competitive edge in business can come through supply chain....
Read moreHow the Eurozone Misread the Signals from the Global Economic Crisis When the global economic crisis broke out in the...
Read moreNorth Korea has always been perceived by the world as a rogue nation. Their aggressiveness became even more apparent when...
Read moreIntroduction Enterprise marketing automation is part of customer relationship management module. Enterprise marketing automation can also be an independent software...
Read moreThe Transformations Wrought About by the Digital Age This is the age of Smart Machines that can perform tasks that...
Read moreWhat is Demographic Dividend and Demographic Deficit ? We often hear the terms Demographic Dividend and Demographic Deficit being written...
Read moreOptimizing the Supply Chains A supply chain is the network of relationships between the upstream and downstream activities with all...
Read moreIntroduction Enterprise resource planning has been the forefront in providing efficiency and productivity solution to the companies all over the...
Read moreWhy is Growth Stagnant? We read in the print and online media about why governments worldwide are unable to revive...
Read moreIt has been more than 20 years since the World Trade Organization (WTO) came into existence. However, there is still...
Read moreAnalysis To start with, Amazon’s SCM has a strategic fit with its competitive strategy of being the retailer of choice...
Read moreThe Chinese economic prowess is second to none. They have certainly pulled off an economic miracle since Mao Zedong began...
Read moreThe mainstream media believes that capitalism is the dominant economic system prevalent in the world today. This is why any...
Read moreHow Automation Benefits the Logistics Sector through Efficiencies and Synergies Automation benefits the logistics sector in many ways. Right from...
Read moreIntroduction The word analytics has come into the foreground in last decade or so. The proliferation of the internet and...
Read moreThe picture of Aylan Kurdi, a six year old Syrian refugee who died when his boat capsized as his family...
Read moreIntroduction The current business environment is constantly evolving. The global economic scenario is providing opportunities as well as challenges. The...
Read moreContract farming has been hailed by many experts as the perfect economic arrangement between farmers and companies. Corporations like Monsanto,...
Read moreIntroduction Business intelligence is an important to ensure the following: Various decision-makers and analyst have a direct and un-interrupted access...
Read moreIntroduction One of the critical components in the information technology age is the data. Data is the source of all...
Read moreAgriculture is a prehistoric occupation. In fact, it is said that human beings only started building civilizations after they discovered...
Read moreThe recent report by the World Bank about doing business in India places the country at 130 among the nearly...
Read moreIntroduction: What is IT Business Alignment and Why it is Important The saying about the Blind Men and the Elephant...
Read moreEmerging platforms are new technology developments and business models for which a theory is yet to be formulated, and yet...
Read moreThe integration of cutting-edge technology with financial services has resulted in several innovative methods and tools which use sophisticated technology...
Read moreOrganizations produce an exploding amount of data while capturing bushels of bytes of information pertaining to their operations, customers and...
Read moreBank of America has issued a warning. The world’s second-largest bank by assets believes that the United States economy is...
Read moreIntroduction: What is IT governance and why it is important? It is not enough for corporations to have IT systems...
Read moreImagine one fine evening your nation’s top leader suddenly appeared on television to make an address. In this speech, he...
Read moreThe Indian Economy which was billed as the “fastest growing major economy” in the world and the “only bright spot”...
Read moreIntroduction: What is Systemic Risk and How Does it Affect Business Globalization has brought the world together and the rapid...
Read moreIn recent months, all of us have heard extensively about the “war on cash”, the move to make India and...
Read moreThe Problems of Governance in Developing Countries Governance is a problem in many Third World countries where the structures and...
Read moreIt has become commonplace in contemporary organizations to have extensive IT (Information Technology) infrastructure and software and hardware assets. Indeed,...
Read moreMuch is being said and written about the emerging digital economy with all its promise of techno-utopia and the perils...
Read moreWith the explosive growth in the personal computing market, there has been a marked increase in the number of new...
Read moreDonald Trump has positioned himself to be a populist leader. Although in reality, he is an opportunist leader. He has...
Read moreDrugs have been a moral menace to many societies for many years. Right from the time, the British East India...
Read moreThe Elements of the Digital Economy If you have ever transacted on an eCommerce site or have used your Smartphone...
Read moreAustralia has a peculiar economic history amongst the developed nations. Whereas all other developed countries have faced some economic downturn...
Read moreThe Transformation of Business Intelligence from Analysis to Prediction Business Intelligence which refers to the slicing and dicing of data...
Read moreInformation Overload can Drown Us We are literally and metaphorically drowning in information. From the time we wake up and...
Read moreToday, South Korea is one of the largest economies in the world. It is the 12th largest to be precise....
Read moreThe credit rating business in America is largely an oligopoly. It is run by three major companies, Equifax, TransUnion, and...
Read moreSaudi Arabia’s Precarious Position Saudi Arabia is believed to be one of the richest countries in the world. This desert...
Read moreData Security in the News for All the Wrong Reasons The issue of data security has been in the news...
Read moreThe United States Democratic Party has been praising the economic arrangement in Nordic nations for a very long time. Right...
Read moreThe Age of Automation has Arrived Let’s face it! The Age of Automation is arriving if not already arrived and...
Read moreThe Emergence of Cloud Computing While much has been written and said about the emergence of Artificial Intelligence and how...
Read moreAutomation of business processes has become the single objective of every multinational corporation. Automation saves a lot of money in...
Read moreThe Shock of Gray: The Retiring Baby Boomers and the Challenges of Aging It is indeed a fact that we...
Read moreThe rules of economics and business are such that in any economy, old or new, recession or boom, the basic...
Read moreThe Paradigm Shift Needed as the World Transitions from Analogue to Digital Information Security and Data Protection are central to...
Read moreThe immigration conundrum has been at the center of all political campaigning in the recent past. Voters in all developed...
Read moreAutomation is the next big thing! Right from the time of the printing press, automation has always been making headlines....
Read moreMachine learning seems like an “IT” buzzword. It seems to be the sort of thing that would make a difference...
Read moreThe Increasing Threat Posed By Automation Automation is changing the world that we live in at an increasing pace. With...
Read moreThe “internet of things” is the latest buzzword that can be heard in Silicon Valley. It is the newest avenue...
Read moreInternet of Things (IoT) is often thought of as being a high-tech concept. It is a common belief that such...
Read moreWashington DC has seen several proposals for strange regulations. The latest one of these suggestions is a pollution tax. Many...
Read moreExpats want to flock to Dubai. Apart from the high quality of life, the foremost reason for such enthusiasm for...
Read moreChinese firms were seldom thought of being anything apart from copies of their western counterparts. The snobbish inhabitants of Silicon...
Read moreThe world is facing a scarcity of water. Each year about 3.4 million people die due to the scarcity of...
Read moreTesla is the company that has propelled Elon Musk from obscurity to stardom. It’s hard to believe that the redundant...
Read moreWhile America is the largest economy in the nation, there is a considerable push towards rebuilding America’s infrastructure. Many Americans...
Read moreHow the Growth at all Costs Mantra is Harming Us Ever since the time of the Enlightenment in the Nineteenth...
Read moreAll firms aim to become market leaders and be the dominant player in their chosen niche and space. Towards this,...
Read moreInvestors just can’t seem to get enough of Amazon. Even though Amazon is already the world’s fifth-largest company, investors believe...
Read moreCanada is a developed western nation. It does not get nearly as much attention in the world media as it...
Read moreGermany has the second largest exports in the world. They are second only to China. This is remarkable given the...
Read moreWho are the Millennials and Why are they so Important ? The Millennials or the generation of youngsters born between...
Read moreIndia is the second largest consumer market in the world. There are over a billion consumers, and companies from all...
Read moreThe 1970’s The story of China’s growth began in the 1970’s. Back then China was an extremely poor country with...
Read moreThe world seems to have turned on its head. Countries like the United States and the United Kingdom were earlier...
Read moreMany of you would have read about the dramatic events of the last two days pertaining to the Indian IT...
Read moreSingapore has been one of the great success stories of South East Asia. The country started with very little money...
Read moreIntroduction Most of us would have heard of companies such as Uber, AirBnB, and Upwork that have emerged in recent...
Read moreExperts believe that the effects of Brexit will be varied in nature. What has happened now is a mere announcement...
Read moreDuring the election campaign in 2016, Donald Trump repeatedly stated that he planned to run the government like a business....
Read morePrivatization of airports is not a new idea. Many politicians have implemented it as an important economic policy. Margaret Thatcher...
Read moreAmerica is sitting on a demographic time bomb. Their economy boomed thanks to the “baby boomers” that brought prosperity to...
Read moreThe Global Race between American and Chinese Firms There is an intense and uber competitive race going on between American...
Read moreWhy are Indian Corporates struggling? It would be an understatement to state that Indian Corporates are struggling. Saddled with huge...
Read moreThe Rise of Populism and Protectionism The election of President Trump represents the cusp of the current wave of protectionism...
Read moreThe Reasons for the Push towards Solar in the Indian Renewable Sector Globally, there has been a push, and a...
Read moreIn the year 2017, President Trump has promised the United States that he will provide unprecedented tax cuts to the...
Read moreWhat is Aadhar and why it can be Transformative to India? Not a day passes without Indians being reminded of...
Read moreThe Chinese economy has received a lot of positive press in the past two decades. The rapid economic growth that...
Read moreThere has been a conspiracy theory amongst Apple iPhone users that Apple slows down the performance of the older phones....
Read moreWhy Do Silicon Valley and Bangalore Score over Regions and Cities? Silicon Valley in California State in the United States...
Read moreIn 2016, Turkey faced an attempted military coup. The coup was supposedly orchestrated by a US citizen of Turkish origin....
Read moreThe Best of Times, The Worst of Times The global economy is growing, and almost all major economies of the...
Read moreCape Town has been in drought for three years. The situation is the same across most of South Africa. Other...
Read moreGoogle is the most dominant search engine in the United States as well as in the world. It controls more...
Read morePresident Trump has brought the issue of buying local to the forefront once again. He is enacting laws in support...
Read moreThe 21st century is also known as the information age. The biggest companies in the world today sell nothing but...
Read moreThe economics of the music industry has been radically changed in the past two decades or so. Ever since the...
Read moreChina is now the second largest economy in the world. As a result, it wants to increase its might in...
Read moreThe Global Race Between Cities for Investments Cities worldwide are in a global race for investments and this is being...
Read moreThe price of drugs is going through the roof in America. This is also the case in many developing nations....
Read moreThe United States has one of the largest trade deficits in the world. Many critics have been of the opinion...
Read moreIn recent months, there has been much coverage in the business press as well as the general press about Trade...
Read moreJeff Bezos, The owner of Amazon has become the world’s richest person with a net worth of over $100 billion....
Read moreMost Americans earn their income in the form of wages rather than in the form of investment income from shares,...
Read moreA couple of decades ago, India was considered to be a third world country with limited economic potential. When the...
Read moreThe United States Senate has been polarized on the issue of dreamers. “Dreamers” is a nickname given to the children...
Read moreHow Sports Became Big Business Nowadays, sports mean big bucks for all stakeholders. Whether they are sportspersons, corporates, advertisers, or...
Read moreThe Surging Protectionist Sentiment There is a surge of protectionism and populism worldwide. From President Trump’s Protectionist Rhetoric and his...
Read moreProfitable Tourism and the Implications for Corporates and Societies It is a known fact that Tourism is a money spinner...
Read moreTakeoff from Modest Beginnings: The Evolution of the Indian Aviation Sector The Indian Aviation sector is poised to take off...
Read moreWhat is the First Mover Advantage? In business, as in life, being early and being first to launch products, enter...
Read moreTrade Wars and Zero Sum Thinking The ongoing trade wars between the United States, on one hand, and the rest...
Read moreFrom the Third World to the First: The Story of a Remarkable Transformation The story of how Singapore became a...
Read moreHistoric Debt Deal The Greek Debt Crisis is over, so proclaimed Finance Ministers from the Eurozone Countries who gathered in...
Read moreIndian Economic Growth: Hype versus Reality Much has been written about how India is on the cusp of achieving double...
Read moreThe FIFA World Cup is an international sporting event. This event is held every four years. However, the host country...
Read moreGermany has always been an economic powerhouse. In fact, in the last century, the economy of Germany has been completely...
Read moreLooking Beyond BRICS: The MINT Grouping The BRICS or the acronym given to the grouping of Brazil, Russia, India, China,...
Read moreThe Mobile Revolution has Transformed Indian Society and Economy When compared to the other sectors that flourished in the post...
Read moreWhat is FOMO or the Fear of Missing out and how does it Impact us all The acronym FOMO or...
Read moreWhat are Smart Cities and How They Have the Potential to Revolutionize Urban Living We often hear the term Smart...
Read moreThe Emergence of the Internet and the High Hopes that accompanied it For those of you old enough to remember...
Read moreA Glimpse into the Connected Future The future is connected in terms of the networked and integrated digitally enabled modes...
Read moreThe Persistence of the Digital Divide The advent of the internet revolution raised hopes that there would be an egalitarian...
Read moreIntroduction Most of us would have heard of the globally famous Investment Banks such as Goldman Sachs, JP Morgan, and...
Read moreThe Recently Published Ease of Business Rankings The news that India jumped 30 places in the Ease of Business Rankings...
Read moreThe Current Situation: Donald Trumps administration had signed in a draconian law. This law made it necessary for immigration officers...
Read moreBrazil is the most expensive country to live in Latin America. The real problem is that Brazil has become more...
Read moreMany governments all over the world have made attempts to abolish poverty. However, most of them have not succeeded. The...
Read moreChina has seen rapid development in the past two or three decades. It has become the export powerhouse of the...
Read moreSocialism is a failed idea. Many nations in the world have now tried socialism. It is no surprise that all...
Read moreAT&T is one of the biggest phone companies in the world. In fact, this was the company that first started...
Read moreThe Paradox of the Indian Healthcare Sector For a country that prides itself on being a welfare state that looks...
Read moreAir India is a government-owned airline. Since airlines are a very competitive business, any airline which is even slightly mismanaged...
Read morePlanned obsolescence is often considered to be a part of the capitalist ideology. The supposed logic behind planned obsolescence is...
Read moreLionel Messi and Cristiano Ronaldo are arguably the best soccer players in the world. Their performance in the recently concluded...
Read moreCompetitions such as the FIFA World Cup and Olympics are some of the biggest sporting events in terms of revenue....
Read moreFrom Maruti to Mercedes: The Evolution of the Indian Automobile Industry The Indian Automobile Industry has come a long way...
Read moreThe Argentine economy is no stranger to economic crises. The country saw a massive financial crisis with the currency almost...
Read moreFrom Snake Charmers to Mouse Charmers: The Changing Perceptions about Indian IT It would not be an exaggeration to say...
Read moreThe Game Changing and Disruptive Entry of Reliance Jio The entry of Reliance Jio into the Indian Telecom sector has...
Read moreThe Scandinavian countries are often seen as role models for welfare states. These countries are known for having very high...
Read moreFacebook is one of the most important firms in the American economy. The tech giant is a major employer in...
Read moreSpotify, a music streaming application, with most of its business in the United States has achieved over a $30 billion...
Read moreHealthcare has become outrageously expensive in most developed nations of the world. For instance, American citizens who do not have...
Read moreApril 10th is considered to be “Equal Pay” day all over the world. This day has been commemorated since the...
Read moreAn economy consists of many sectors. However, infrastructure is known to be the backbone of any economy. Roads, railways, electricity,...
Read moreA large number of developing countries across the world are dependent upon commodities. About 135 of these developing countries were...
Read moreThe term “private equity” evokes many emotional reactions. Many investors have made a lot of money thanks to the strategies...
Read moreWhen analyzed in financial terms, it turns out that the world is in a precarious position. However, there seems to...
Read moreThe past few generations have become used to money being issued by the government. Hence, there is an implicit assumption...
Read moreNations are now becoming image conscious. This is a recent phenomenon which is very different from the “devil may care”...
Read moreDuring the 19th century, the robber barons were dominating the American economy. A handful of people had more wealth and...
Read moreElon Musk launched his car company Tesla in order to make cars that would not harm the environment. He has...
Read moreNational competitiveness is becoming an important subject of debate as governments all across the world are competing with one another...
Read moreAmazon Allegations: President Trump has been very critical of Amazon. He believes that companies like Amazon are benefitting off of...
Read moreThe recent Cambridge Analytica scandal has ended up putting companies like Facebook in hot water. The common man has now...
Read moreAndres Manuel Lopez Obrador, popularly known as AMLO, is no stranger to Mexican politics. He has already run for the...
Read moreIn the 21st century, marketplaces have become more competitive. This is because the availability of information has become the norm....
Read moreThe Union Budget is a big financial event in India. Each year, the finance minister of the nation sets the...
Read moreRecently the Dow Jones index faced a drastic fall. This fall was partly because of the fears of inflation that...
Read moreThe e-pharmacy sector in India has been witnessing a lot of startup activity. More than 200 start-ups have sprung up...
Read moreObtaining funding for a startup is extremely difficult. It is said that startups receive money only from friends, fools, and...
Read moreDonald Trump has raised the issue of America’s crumbling infrastructure during his election campaign. He has periodically mentioned that American...
Read moreThe modern economy is obsessed with rising prices. An era of falling prices is called deflation. It is almost always...
Read moreThe Vikings were some of the most brutal people that the world has ever seen. The nations that they built...
Read morePersonal income taxes are omnipresent all over the world. From the developed nations to the developing ones, all tax the...
Read moreTax Evasion vs. Tax Avoidance Tax evasion and tax avoidance are often used interchangeably. However, there is a huge difference...
Read moreThe Race to the Bottom and the Game of Attrition in the Indian eCommerce Sector Much like the broader Indian...
Read moreWhy Data is the New Oil Data is the New Oil, proclaimed, India’s Richest Person and the one of the...
Read moreThe Stratification of the Indian Education Sector For a country that prides itself on its rich history and civilization superiority,...
Read moreThe Indian IT sector has been facing a lot of flak. The industry is undergoing a transformation. Issues like the...
Read moreAlmost all startups being funded nowadays have an online business model. This is the reason why they appear to be...
Read moreMobile wallets have become the latest startup sensation. Companies like PayTm have the first mover advantage in this space. However,...
Read moreThe world media was recently rocked by a data breach scandal involving Facebook. This scandal wherein Facebook had allowed a...
Read moreThere are some nations in the world who manufacture their own defense equipment. However, a majority of the countries outsource...
Read moreThe Internet has drastically changed in the past few years. Consumers have now become very aware of their privacy issues....
Read moreMergers and acquisitions used to be fairly straightforward in the yesteryears. This is because companies would only make acquisitions within...
Read moreApple Inc. is the largest company in the world today. In Aug 2018, the company became the first in the...
Read moreIndia and China are two of the fastest growing economies in the world. They are also neighbors and share a...
Read moreThe rapid advancements in technology have changed the fundamentals of many industries. The increase in connectivity, as well as digitalization,...
Read moreEuropean nations have been following a controversial policy called the common agricultural policy. Under this policy, European governments have been...
Read moreThe biggest ever trade war is underway. China and the United States, which are the two largest economies in the...
Read moreCompanies like Uber and Airbnb have a lot in common. They are both startups that were started with relatively fewer...
Read moreThe Indian pharmaceutical market has been booming for several years. India has the largest number of pharmaceutical manufacturers which supply...
Read moreThe crash in the value of the Turkish lira is not really a surprise. President Erdogan has been following loose...
Read moreChina ambitious Belt and Road Initiative has attracted the attention of many economists worldwide. Many of these economists believe that...
Read moreEver since the internet has been invented, the world has become a global village. This means that at the present...
Read moreWestern Europe has been an economic powerhouse. Superpowers like Germany and Great Britain have been a part of this region....
Read moreThe IMF recently asked the Philippines to take measures to rein in its overheating economy. This is not the first...
Read moreThe prices of oil have once again started going through the roof. In the past few years, the prices of...
Read moreCanada and Mexico are the second and third biggest trade allies for the United States. Historically these nations have had...
Read moreElectricity was the big invention during the 20th century. The governments at that time took the measures that were necessary...
Read moreHistorically, Bangladesh has been one of the most impoverished regions in Asia. The 1971 war of independence left Bangladesh with...
Read moreChina has been the fastest growing economy in the world for the past few decades. The Chinese economy continued to...
Read moreThe movement to ensure the legalization of cannabis has been going on in many parts of the globe. Even in...
Read moreTechnology has started impacting all businesses. The restaurant business is no different. Earlier, restaurants used to be low tech and...
Read moreCan a Universal Basic Income Scheme be the Game Changer for the Indian Poor? Recently, there were reports in the...
Read moreUrbanizing World, Social Unrest, and Urban Nightmares The world is urbanizing at an alarming pace. We used the word, alarming,...
Read moreIs Demonetization an Example of Radical Disruption? The Indian Economy and Body Polity was treated to a Shock Exercise when...
Read moreThe International Monetary Fund (IMF) is often in the news. Every now and then some countries approach the IMF when...
Read moreFarm Loan Waivers, Bank Bailouts, and Moral Hazards Farm Loan Waivers are the Flavor of the Season as Indian States...
Read moreHow the Internet has Shifted the Balance of Power in All Fields of Our Lives It would be an understatement...
Read moreHow Algorithms Rule Our Lives and Whether That is Necessarily a Good Thing We live in the Age of the...
Read moreThe Non-Banking Financial Companies (NBFCs) are quasi-banking institutions in India. They are allowed to make loans just like banks do....
Read moreAmerica is undoubtedly the largest economy in the world as of now. However, countries like China are quickly bridging the...
Read moreHow the Ubiquitous Smartphone has Revolutionized B2B and B2C Commerce Who doesn’t own a Smartphone? Right from teenagers to senior...
Read moreOver the past few years, South Africa has been facing rising levels of violent crime. It is now a known...
Read moreThe city of Seattle, Washington is one of the most prominent economic centers in the world. It houses companies like...
Read moreThe airline industry is one of the most competitive industry in the entire world. A large number of incumbents in...
Read moreIncome taxes are a subject of great debate all across the world. There are many who believe that the rich...
Read moreElections to the central government are due in India in 2019. This is the reason why all political parties have...
Read moreChina and Taiwan were once part of the same nation. After World War 2 ended, the Chinese political scene was...
Read moreTaxation is a hotly debated subject all over the world. There are supporters of capitalism who already believe that the...
Read moreThe Philippines is a small country nestled amidst a scenic archipelago in South East Asia. There wasn’t too much to...
Read moreIn the beginning of 2019, America has been hit by a weather phenomenon known as the Polar Vortex. This phenomenon...
Read moreWho are HNIs and Why They are Valuable to Businesses We often hear the term HNIs or High Net-worth Individuals...
Read morePresident Trump introduced one of the biggest tax reforms that the United States has ever seen in Dec 2017. As...
Read moreThe Vexatious Issue of Reservations in the Indian Private Sector Every now and then, the vexatious issue of Reservations in...
Read moreAdministrative costs form a major portion of the cost structure of any health care provider. In the case of the...
Read moreThe latest round of negotiations between Donald Trump, i.e. President of the United States and Kim Jong Un, the dictator...
Read moreThe Never Ending Problems of Jet Airways Not a day goes by without some news or the other about the...
Read moreThe Indian government has been facing several cases of fraud every year. There are many chit-fund schemes like the Saradha...
Read moreIn the developed world, mobile phones are something that we take for granted. The biggest purpose of a cell phone...
Read more5G is the latest buzzword in the telecommunication sector. For a layman, it is difficult to understand what the buzz...
Read moreThe dates for the general elections in India have just been announced in India. Prime Minister Narendra Modi has also...
Read moreApple is a well-known brand since it is the most valuable firm in the entire world! Apple can attribute a...
Read moreHealthcare prices in the United States are much higher than compared to the rest of the world. There are many...
Read moreThe recent India Pakistan skirmishes have brought the issue of a nuclear Armageddon to the forefront of international politics. The...
Read moreChina has surprised the global gaming community by starting a full-fledged crackdown on the gaming industry. The Chinese government has...
Read moreCredit rating industries are part of a closely held industry. For years, this has worked in favor of these agencies...
Read moreThe relations between India and Pakistan have never really been cordial. Ever, since the Islamic Republic of Pakistan was carved...
Read moreHow do Sanctions Work? Often, we read about the United Nations or the United States imposing sanctions on nations and...
Read moreAmerican car companies are pursuing a very unique strategy to increase growth and profitability. Generally, when companies talk about increasing...
Read moreBoeing Corporation which is headquartered in the United States is one of the biggest names in the airline industry. When...
Read moreCarlos Ghosn is a 64-year-old French citizen who is the head of three major automobile companies viz. Mitsubishi, Nissan as...
Read moreThe international oil market is known to be volatile. Ever since oil was first found, the market is known to...
Read moreThe state of the American economy is deteriorating at a rapid pace. This is large because of the indiscriminate spending...
Read moreThe American federal debt problem is well known. There are famous debt clocks which are tracking the increase in American...
Read moreCountries which have large reserves of oil are usually considered to be rich. Barring a few exceptions like Venezuela, Iran,...
Read moreApple Inc. which is the most valuable company in the world is known for selling high tech products. Over the...
Read moreWhat is the American Dream and why was it so Good while it Lasted? For a long time, the United...
Read moreIn the year 2019 the concept of “The Green New Deal” was introduced in American politics. The idea was floated...
Read moreWhat History teaches us and why Forgetting History would condemn us to repeat it? The Indian Elections are over and...
Read moreThe “R” word is back in town. Economists and analysts all over the world are now wary about the fact...
Read moreEver since the great recession ended in 2009, the entire world has been following loose expansionist monetary policies. However, after...
Read moreSweden is not really a country that comes to find when one talks about finance or currency trading. The Swedish...
Read moreThe Indian pharmaceutical market is huge, and drugs worth billions of dollars are manufactured and sold every year in India....
Read moreThe small island nation of Sri Lanka now finds itself in the throes of one of the deadliest terrorist attacks...
Read moreThe Chinese government has given a major shock to companies selling electric vehicles in the country. China has announced a...
Read moreThe Italian economy is going through a rough financial period. Not too long ago, the budget of this European economy...
Read moreCompanies all around the world are focused on quarterly as well as annual results. As soon as these results are...
Read moreThe Green New Deal proposal announced by Alexandria Ocasio-Cortez suddenly became a talking point in American politics. The United States...
Read moreThe Future of Mobility Mobility or the ability of people to move from place to another has been an integral...
Read moreLeaders all over the world are upset with America’s hegemonic behaviour. In the past two years, Trump’s policies have caused...
Read moreThe Consequences arising from the Shock of Grey The world is ageing before our eyes, and the moot question to...
Read moreWhy the Left in India is facing an Existential Crisis? The recently concluded General Elections in India all but cemented...
Read moreThe American politics is heating up in anticipation of the 2020 Presidential Election. Democrats are unveiling what appears to be...
Read moreWhat it was like during the Early Days of the Internet Boom when Utopia seemed Possible There is a general...
Read moreWhy Indian Professionals need to Change Their Work Habits In recent years, there has been much talk about how India...
Read moreIt is often said that when America sneezes, the entire world catches a cold. This is because of the high...
Read moreCanadian Prime Minister Justin Trudeau is often seen criticizing American President Donald Trump for his protectionist trade policies. Trudeau has...
Read moreThe trade war between China and America seems to be getting worse every day. When negotiations between Trump and Xi...
Read moreThe automobile industry all over the world is facing an unexpected challenge. Diesel vehicles which were the star performers in...
Read moreThe fight between China and the United States has gone to the next level. Up until now, the United States...
Read moreFor the past few weeks, it seemed like America and China will finally be able to resolve their trade disputes....
Read moreThe economic power that many multinational companies wield is commendable, to say the least. Companies like Amazon and Apple have...
Read moreTraditionally China has been one of the red states. This means that China traditionally adopted the policy of communism. Hence,...
Read moreThere is a proliferation of electronic payment systems in the 21st century. Debit and credit cards have become the norm,...
Read moreFacebook is a company which has been growing at a breakneck speed. Within a decade, the company has already started...
Read moreIsrael is one of the youngest countries in the world. It has been in existence for only 72 years. While...
Read moreBavarian Motor Works (BMW), which is a world famous car manufacturing company, has now set up its plant in Mexico....
Read moreAmerican President Donald Trump had been holding his guns against the Mexican government for a very long time. In fact...
Read moreThe modern human society is hooked on electronic devices. As a result, there is an ever-increasing stream of televisions, computer...
Read moreWhat is the Hindu Rate of Growth and is the Indian Economy returning to it? For a long time from...
Read moreThe Importance of Trust in Building Successful Companies and Great Nations Recently the former Prime Minister of India, Dr. Manmohan...
Read moreIs it Necessary to Discontinue Policies of the Predecessors when Governments Change? You might have read in the news about...
Read moreThe Benefits of Having More Women in the Workforce As most organisational and business experts agree, there is a business...
Read moreHow Facebook can be used to Influence and Interfere in Elections Worldwide It is a known fact that social media,...
Read moreWhat is Davos and why it is so important for the Global Movers and Shakers? Davos, a small town in...
Read moreWhoever Controls the Narrative, Wins Look around and watch what is going in the world around us and you would...
Read moreWhy India is in The Eye of Perfect Storm With Regards to the Jobs Crises By now, there is a...
Read moreThe Changing Nature of Capital Allocation and Capital Expansion With the Digital Age well and truly upon us, the changes...
Read moreAre Indian Start-ups and eCommerce Firms Living in Fantasy Land? It is a well known fact that India is a...
Read moreWhat the Proponents of Governmental Bailouts Have to Say about Bailing Out Businesses The ongoing economic and financial crisis due...
Read moreWhat Will the New Normal look Like for Businesses and is it All Chaos and Confusion? As the shuttered economies...
Read moreHow the New Normal is Being Shaped and How it Would Impact Global Supply Chains Much has been spoken and...
Read moreThe Perfect Storm of Converging Crises: Covid 19, Depressed Economy, and Social Unrest India is staring at a Perfect Storm...
Read moreIn the past few years, technology companies have been driving the boom in the financial markets. The FAANG companies (Facebook,...
Read moreHow Access to Knowledge Has Been Restricted Down the Ages to the Present Times We live in a Digital World...
Read moreStartups had become an important part of the modern economic system. Most of the companies which have achieved billion-dollar valuations...
Read moreWhy Social Media is Here to Stay and is the Future for Firms of All Sizes and Scale We live...
Read moreThe Transformation of the Role of the CTOs since the 1990s and to the Present Digital Age Until a decade...
Read moreHow the Economic Crisis Due to the Covid Pandemic Has Been Disastrous for the SMEs While the Covid 19 Pandemic...
Read moreHow Women Leaders Were More Effective Than Their Strongmen Counterparts The Covid 19 Pandemic has taught several lessons. Right from...
Read moreWhat is Arbitration and why it is so important and how does It Take Place? We often hear the term,...
Read moreHow the Events of Mayhem on Capitol Hill Shocked Americans and the World as Well As the world watched in...
Read moreWhat Do Recent Events Indicate About How India Inc. Has a Diversity Problem? It is a well known fact that...
Read moreWhat is Affirmative Action and does it Help or Hinder the Goals of Social Justice? The United States has a...
Read moreWhat is Practical Intelligence, Why Is It Important, and How It Works in the Real World The world admires Street...
Read moreHow, China Known as the Factory of the World Is Losing Its Seen Due To the China plus Strategy China...
Read moreAnything That Goes Up Has To Come Down! The Big Tech Meltdown and Its Causes and Consequences Once considered the...
Read moreThe End of the Good Life for the Current Generation With the global economy mired in deep recession for the...
Read moreWhy Printing Money is Leading us Nowhere We discussed how central banks around the world are printing money and pumping...
Read moreGlobalization of Supply Chains and its Implications We have discussed how the globalization of the world economy has made the...
Read moreThe US Fed and Tapering of Quantitative Easing (QE) The recent announcement that the United States Federal Reserve was thinking...
Read moreEmpowering Individuals through Knowledge at the Click of a Mouse In the current information age, knowledge is power and whoever...
Read moreLoose or Tight Monetary Policies ? The debate over whether central banks around the world must pursue loose monetary policies...
Read moreWhy Nations are Similar to Firms When Deciding on What to Make and What to Buy Businesses often decide on...
Read moreMost of us would not have been that old to remember the global economic conditions that were prevailing in the...
Read moreGlobalization gone too far? Many experts believe that the pace of globalization had accelerated so much in the period starting...
Read moreFlat World? The famous cheerleader of globalization, Thomas Friedman, characterizes the global economy as a “flat world” where anyone can...
Read moreA hot topic among investors, economists, and stock market experts these days is the looming fight over the debt ceiling...
Read moreDemographic Dividend We often hear the term, demographic dividend being bandied about in the media and in books. However, not...
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