June 30, 2014

Big Data - Evolution, Current Applications and Future Trends - Panel Discussions and Presentations - Videos

2014

June 2014
Using Big Data to Make Better Pricing Decisions
http://www.mckinsey.com/insights/marketing_sales/using_big_data_to_make_better_pricing_decisions

March 2014
Why Big Data is a Big
Harvard Magazine Article
http://harvardmagazine.com/2014/03/why-big-data-is-a-big-deal

January 2014 - Driving Value through Data Analytics - Accenture Specialists Presentation
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Big Data Applications in Government
Tech America - Federal  Big Data Commission Joint Report
https://www-304.ibm.com/industries/publicsector/fileserve?contentid=239170


2013

Big Data - The Revolution is on par with internet
Authors - Viktor Mayer Schoberger and Kenneth Cukier
On the occasion of Book Launch - Big Data: A Revolution That Will Transform How we live work and think
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IBM's Big Data and Smarter Analytics Leadership Summit 2013

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2012
Google Talk Panel discussion 22 October 2012
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June 29, 2014

Information Technology for Marketing, Marketing Technology Function and Chief Marketing Technology Officer





Marketing Technology Function - Emergence In a Strong Way (2014)

Information technology has given initially the ability to reach a customer personally and quickly to marketers. Presently big data technologies are providing the ability to find what is important to customers at a point in time and provide that information quickly and personally. Now all activities of marketing have a digital interaction. The stage is now set for leveraging the information technology to deliver more for the marketing performance.Every technology adoption has an effectiveness improvement dimension and efficiency improvement dimension.

The interface between marketing activities and information technology has grown to such a significant extent that a new function called marketing technology has appeared and many are being designated as marketing technologists. In 2014, Gartner reports that 81% of companies in its survey have a chief marketing technologist or equivalent title post. Businesses with $500 million to $1000 million have taken up this structure in a big way.

Marketing technologist provides value by being able to decide what to build as a pilot test and deploy, by acting as a filter between software vendors and the company and introducing marketing information technology into company by acting as a bridge between IT and marketing.

Marketing technology persons needs to be both left brain user and right brain user. He is to be an analytical person but has to come up with ideas that work and excite customers. While currently experienced persons are not available to man this function and companies are investing their resources in developing these persons. Some companies are employing team approaches to employ this function rather than giving the responsibility to a single person.
http://www.ft.com/cms/s/0/227945d6-df60-11e3-86a4-00144feabdc0.html#axzz3629PCAX2
http://www.ft.com/cms/s/0/227945d6-df60-11e3-86a4-00144feabdc0.html

Digital Marketing - Options and Tools - Infographic by Gartner
http://www.gartner.com/technology/research/digital-marketing/transit-map.jsp

Big Data, Big Opportunities in Marketing - IBM Presentation - 2013
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Real Time Marketing Technology

Technology has changed marketing and market research into real time activity. Marketers are looking for opportunities to send outbound messages: email campaigns, events, blogging, tweeting, PR, ebooks, white papers, apps, banner ads, Google Ad Words, social media outreach etc. The marketeers are trying various options, tools and techniques to attract customers to their sites, to their offers and to their communities and improve their marketing performance.

Baynote is an interest mining product. It combines click stream, semantic stream and engagement information to personalize product and content recommendations to align with the intent of the visitor
http://www.forbes.com/sites/ciocentral/2011/05/06/how-real-time-marketing-technology-can-transform-your-business/

Customer Analytics Payoff
IBM Report - September 2011

In the report, four stages in analytics use are described. The first stage is use of analytics to reduce cost of communication. In this stage, analytics were used to find redundant communication and remove them thus doing some cost savings. In the second analytics was used to make right offers to the customers based on history of transactions. In the third stage, predictive analytics that do sentiment analysis of the conservations in social media are used to proactively develop conversations with the customers.

In the fourth stage, all channels used by the customer are simultaneously monitored and multichannel next best action approach is employed to practice real time guided selling experience. The study indicates that at this fourth stage companies are reporting 241 to 64.3 percent converted response rates.

http://public.dhe.ibm.com/common/ssi/ecm/en/gbe03425usen/GBE03425USEN.PDF


First post after reaching million page view milestone on 28 June 2014

June 28, 2014

What is Big Data and What are its Applications? - IBM Experts Explanation


What is Big Data - IBM Explanation


What is big data?

Every day, we create 2.5 quintillion bytes of data.  This data comes from everywhere: sensors used to gather climate information, posts to social media sites, digital pictures and videos, purchase transaction records, and cell phone GPS signals to name a few. This data is big data.

Big data spans three dimensions: Volume, Velocity and Variety.

Volume: Enterprises are awash with ever-growing data of all types, easily amassing terabytes—even petabytes—of information.

12 terabytes of Tweets are created each day. You can turn  this big data into improved product sentiment analysis.
Convert 350 billion annual meter readings to better predict power consumption

Velocity: Sometimes 2 minutes is too late. For time-sensitive processes such as catching fraud like rejecting a credit car transaction, big data must be used as it streams into your enterprise in order to maximize its value.
Scrutinize 5 million trade events created each day to identify potential fraud
Analyze 500 million daily call detail records in real-time to predict customer churn faster

Variety: Big data is any type of data - structured and unstructured data such as text, sensor data, audio, video, click streams, log files and more. New insights are found when analyzing these data types together.

Monitor 100’s of live video feeds from surveillance cameras to target points of interest
Exploit the 80% data growth in images, video and documents to improve customer satisfaction
http://www-01.ibm.com/software/in/data/bigdata/

Big Data Technology Provides Insights


Big data is more than simply a matter of size; it is an opportunity to find insights in new and emerging types of data and content, to make your business more agile, and to answer questions that were previously considered beyond your reach. Until now, there was no practical way to harvest this opportunity.

Today, IBM’s platform for big data uses state of the art technologies including patented advanced analytics to open the door to a world of possibilities.


Video Presentations on Big Data

What is big data? Part 1

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The photo taken from a smart phone posted by a user on twitter account has lot of data associated with the photo.


What is big data? part 2

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Big Data Applications 


Use Cases

What is a use case?

A use case helps you solve a specific business challenge by using patterns or examples of technology solutions. Your use case, customized for your unique issue, provides answers to your business problem.


Five game changing high value use cases of Big Data
Big Data Exploration - Enhanced 360 degree view of the customer - Security Intelligence Extension
Operations Analysis - Data Warehouse Modernization
http://www-01.ibm.com/software/data/bigdata/use-cases.html

Watch a combined presentation on the benefits of  five use cases and then individual presentations on each use case.

Game Changing with Big Data - Five Use Cases that promise tangible benefits to your organization
2013 Presentation
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Big Data Use Case #1 - Exploration
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Big Data Use Case #2 - Enhanced 360 degree view of the customer
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Big Data Use Case #3 - Operations Analysis
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Big Data Use Case #4 - Security and Intelligence Extension
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Big Data Use Case #5- Data Warehouse Augmentation
2013 Video
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Big Data Products


http://www-03.ibm.com/software/products/en/category/bigdata

IBM Big Data Products - 2011 Presentation
http://www.nist.gov/itl/ssd/is/upload/NIST-BD-Platforms-01-Pednault-BigData-NIST.pdf

Million Page Views Registered on 28 June 2014

At 9.09 pm Indian Standard Time

http://nraomtr.blogspot.com  registered 1,000,000 page views

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Million Page Views for the Blog - Top Posts
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Audience - Country Breakup
80% global audience

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Got a message from Google+ that the photos are awesome.

Data Warehousing - Fundamentals and Current State of The Art Applications









Fundamentals of Data Warehousing


What is a Data Warehouse?

A data warehouse is a relational database that is designed for query and analysis rather than for transaction processing. It usually contains historical data derived from transaction data, but it can include data from other sources. It separates analysis workload from transaction workload and enables an organization to consolidate data from several sources.

In addition to a relational database, a data warehouse environment includes an extraction, transportation, transformation, and loading (ETL) solution, an online analytical processing (OLAP) engine, client analysis tools, and other applications that manage the process of gathering data and delivering it to business users.

Four basic characteristics of a data warehouse were  set forth by William Inmon:

Subject Oriented
Integrated
Nonvolatile
Time Variant


Subject Oriented

Data warehouses are designed to help people to analyze data about various subjects of interest. Hence For to learn more about a company's sales data, one  can build a warehouse that concentrates on sales. Using this warehouse, answers to  questions like "Who was our best customer for this item last year?" can be given.  This ability to define a data warehouse by subject matter, sales in this case, makes the data warehouse subject oriented.

Integrated

Integration is closely related to subject orientation. Data warehouses must put data from disparate sources into a consistent format. They must resolve such problems as naming conflicts and inconsistencies among units of measure. When they achieve this, they are said to be integrated.

Nonvolatile

Nonvolatile means that, once entered into the warehouse, data should not change. This is logical because the purpose of a warehouse is to enable you to analyze what has occurred.

Time Variant

In order to discover trends in business, analysts need large amounts of data.  A data warehouse's focus on analyzing change over time is what is meant by the term time variant, or focus on variation over time and other dimensions like variation over customers, regions, channels etc..

See for more Oracle 9i Data Warehousing Guide Book
http://docs.oracle.com/cd/B10501_01/server.920/a96520/concept.htm

Service Marketing and Management - Christian Gronroos - Video Lectures and Articles




First Lecture

What is Service? Why Service Business?

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Second Lecture - Service Profit Logic: Implications for Management

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Total 5 videos were posted by Hanken External Relations



Services Marketing Theory Revisited
2012 article
http://www.iosrjournals.org/iosr-jbm/papers/Vol4-issue4/F0443645.pdf


Service Management and Marketing: Customer Management in Service Competition, 3 ed
Christian Gronroos
http://books.google.co.in/books?id=2cbteRrlf3IC

June 27, 2014

Supply Chain Management: Review Notes Based on Chopra and Meindl's Book

Chopra and Meindl's book, Supply Chain Management: Strategy, Planning, and Operation, is a comprehensive introduction on supply chain management.

Now the fifth edition of the book is available in 2013

http://www.pearsonhighered.com/educator/product/Supply-Chain-Management-5E/9780132743952.page

The book is organized into six parts and further divided into fifteen chapters.

In part one, consisting of three chapters, Chopra and Meindl establish a framework for analyzing supply chains. This includes definitions and examples of supply chains, relationships between supply chain strategy and a firm's competitive strategy, and drivers and obstacles of supply chain performance. The key drivers identified are inventory, transportation, facilities, and information.

Part two discusses how to plan supply and demand. The three chapters in this part cover forecasting, aggregate planning, and managing variability in supply and demand.

Part three is on inventory management. The three chapters in part three discuss cycle inventory, safety inventory, and determining the level of product availability.

Part four, in three chapters, covers transportation, network design, and information technology.

Part five covers coordination and e-business in the supply chain.

Part six, a single chapter, covers the financial evaluation of supply chain decisions.


Publisher :

Prentice-Hall

Year of Publication: 2001

Second Edition: 2004




Review Notes for Chapters


I. BUILDING A STRATEGIC FRAMEWORK TO ANALYZE SUPPLY CHAINS.

1. Understanding the Supply Chain.

2. Supply Chain Performance: Achieving Strategic Fit and Scope.

3. Supply Chain Drivers and Obstacles.




II. DESIGNING THE SUPPLY CHAIN NETWORK.

4. Designing the Distribution Network in a Supply Chain.

5. Network Design in the Supply Chain.

6. Network Design in an Uncertain Environment.


III. PLANNING DEMAND AND SUPPLY.

7. Demand Forecasting in a Supply Chain.

8. Aggregate Planning in the Supply Chain.

9. Planning Supply and Demand in the Supply Chain: Managing Predictable Variability.


IV. PLANNING AND MANAGING INVENTORIES IN A SUPPLY CHAIN.

10. Managing Economies of Scale in the Supply Chain: Cycle Inventory.

11. Managing Uncertainty in the Supply Chain: Safety Inventory.

12. Determining Optimal Level of Product Availability.



V. SOURCING, TRANSPORTING, AND PRICING PRODUCT.

13. Sourcing Decisions in a Supply Chain.

14. Transportation in the Supply Chain.

15. Pricing and Revenue Management in the Supply Chain.


VI. COORDINATION AND TECHNOLOGY IN THE SUPPLY CHAIN.

16. Coordination in the Supply Chain.

17. Information Technology and the Supply Chain.

18. e-business and the Supply Chain.

http://www.pearsonhighered.com/academic/product/0,,013101028X,00%2Ben-USS_01DBC.html


MBA Knowledge Revision Schedule


January  - February  - March  - April  - May   -   June

July       - August     - September  - October - November  - December

Financial, Cost and Management Accounting - Review Notes List

Financial Accounting - Horngren - Review Notes List

Introduction to Financial Accounting - Google Books Link

Links to review notes and power point presentations accompanying the book are available as follows:

1. Accounting: The Language of Business

2. Measuring Income to Assess Performance

3. Recording Transactions

4. Accrual Accounting and Financial Statements

5. Statement of Cash Flows

6. Accounting for Sales

7. Inventories and Cost of Goods Sold

8. Long-Lived Assets and Depreciation

9. Liabilities and Interest

10. Stockholder's Equity

11. Intercorporate Investments and Consolidations

12. Financial Statement Analysis

Cost Accounting
1. Role of Costing and Cost Accounting in the Organization
2. Introduction to Cost Terms - Review Notes
3. Traditional Cost Objectives and Their Utility
4. Job Costing - Review Notes



Management Accounting

1. Managerial Accounting or Management Accounting - Role in Business and Industrial Organizations



MBA Knowledge Revision Schedule


January  - February  - March  - April  - May   -   June

July       - August     - September  - October - November  - December

Organizational Behavior Book by Fred Luthans - Review Notes

1. Introduction to Organizational Behavior

2. Environmental context: Information Technology and Globalization

3. Environmental context: Diversity and Ethics

4. Organizational Context: Design and Culture

5. Organizational Context:: Reward Systems

Cognitive Processes

6. Perception and Attribution

7. Personality and Attitudes

8. Motivational Needs and Processes

9. Positive Psychology Approach to OB

Dynamics of Organizational Behavior

10. Communication

11. Decision Making

12. Stress and Conflict

13. Power and Politics

14. Groups and Teams

Managing and Leading for High Performance

15. Managing Performance through Job Design and Goal Setting

16. Behavioral Performance Management

17. Effective Leadership Process

18. Great Leaders: Styles, Activities, and Skills


MBA Knowledge Revision Schedule


January  - February  - March  - April  - May   -   June

July       - August     - September  - October - November  - December

Big Data - Implementation Guidelines



2014

Australian Government - Big Data Practice Guide - Draft
http://www.finance.gov.au/sites/default/files/aps-big-data-bpg-draft.pdf

2013

Big Data - Challenges and Success Factors - Deloitte Analytics - Presentation Format
http://www.deloitte.com/assets/Dcom-Italy/Local%20Assets/Documents/Pubblicazioni/Deloitte%20Big%20Data%20-%20Challenges%20and%20Success%20Factors.pdf

Implementation of the Big Data Concept in Organizations - Possibilities, Impediments and Challenges
Janucz Wielki, Poland
2013 conference paper
https://fedcsis.org/proceedings/2013/pliks/161.pdf

2012
Organizations that capitalize on big data stand apart from traditional data analysis environments in three key ways:

They pay attention to data flows as opposed to stocks.
They rely on data scientists and product and process developers rather than data analysts.
They are moving analytics away from the IT function and into core business, operational and production functions.
Thomas Davenport, 30 July


2011
Implementing Big Data Analytics

Path from Insights to Business Value Generation
Sloan Management Review
http://sloanreview.mit.edu/article/big-data-analytics-and-the-path-from-insights-to-value/

Big Data Applications in Financial Services





2013

31 Dec 2013
Big Data Use Cases across Financial Services
Author: Vamsi Chemitiganti, Chief Architect, Red Hat's Financial Services Vertical
Wall Street and Technology
According Gartner report, 64% of the firms surveyed launched a big data initiative.
Four use cases in financial services

1. Risk Management
2. Fraud detection and management
3. Intelligent customer upsell and cross sell
4. Investment management decision making
http://www.wallstreetandtech.com/data-management/big-data-use-cases-across-financial-services/d/d-id/1268649?

Managerial Skills

Principles of Management Revision Articles Series

Managerial skills are identified and links are given to knols containing detailed explanation of various skills. Number of videos are also available on various managerial skills.

__________________________________________________________




Introduction

Managerial skills are classified as technical, human and conceptual by Katz.
For a manager managing any activity, the actual work involved in the activity is technical skill.
Ability to communicate with other persons in the department or organizations and the ability to understand their desires and persuade them to ones point of view are human skills. Conceptual skills are understanding of how customers of the department or organization react as a group to various activities.
Similarly a manager has to understand how suppliers to his department react as a group. Here economic consequences, political consequences, and social consequences come into play and a manager must be able to visualize all these likely outcomes in coming out with his objectives, strategies and tactics. (http://arulmj.tripod.com/mgrlskls.html).
In words of Katz, the administrator needs: (a) sufficient technical skill to accomplish the mechanics of the particular job for which he is responsible; (b) sufficient human skill in working with others to be an effective group member and to be able to build cooperative effort within the team he leads; (c) sufficient conceptual skill to recognize the interrelationships of the various factors involved in his situation, which will lead him to take that action which achieves the maximum good for the total organization.

I define engineering management using this explanation. Engineering management refers to management of those functional areas of an organization where the main skills applied are related to engineering and technology.
To understand the idea of managerial skills, we need to understand the meaning of the word skill.


Skill - Dictionary meanings   

a: the ability to use one's knowledge effectively and readily in execution or performance b: dexterity or coordination especially in the execution of learned physical tasks
a learned power of doing something competently: a developed aptitude or ability
http://www.merriam-webster.com/dictionary
 
skill: Definition
Ability and capacity acquired through deliberate, systematic, and sustained effort to smoothly and adaptively carryout complex activities or job functions involving ideas (cognitive skills), things (technical skills), and/or people (interpersonal skills). 
http://www.businessdictionary.com/definition/skill.html
 
Noun: skill  skil
An ability that has been acquired by training
- accomplishment, acquirement, acquisition, attainment
Ability to produce solutions in some problem domain
"the skill of a well-trained boxer"
http://www.wordwebonline.com/en/SKILL

Skill
The familiar knowledge of any art or science, united with readiness and dexterity in execution or performance, or in the application of the art or science to practical purposes; power to discern and execute; ability to perceive and perform; expertness; aptitude; as, the skill of a mathematician, physician, surgeon, mechanic, etc.
http://www.dictionary.net/skill
------------------
 

Managerial Skills – A View

 
The above dictionary definitions indicate that  skill denotes the ability to perform a task effectively and efficiently. The ability to use one's knowledge effectively and readily in execution or performance points out it. The meaning, "The familiar knowledge of any art or science, united with readiness and dexterity in execution or performance," also denotes it.

So managerial skill is to be understood as the ability to perform managerial tasks effectively with readiness and dexterity.  Skills requires knowledge and ability to apply that knowledge competently and efficiently has to be acquired by practice. A skilled person is one who has done the job effectively number of times and in the process of doing so, improved his efficiency at the job.
Various authors identified certain tasks of management discipline. Some authors have identified a list of managerial skills many of them being the tasks of management..
The book by William R. Tracey, Leadership Skills can be used to develop an understanding of  managerial skills.
 

Leadership Skills by William R. Tracey, Amacom 1990

 
Main Chapters
 
1. Forecasting: prelude to planning
2. Strategic planning
3. Budgeting
4. Marketing
5. Innovating
6. Resolving conflict
7. Disciplining
8. Rewarding
9. Improving Productivity
10. Managing costs
11. Managing time
12. Managing change
13. Managing ethics
14. Developing yourself
15. Leading

Managerial Skills

Whetten and Cameron provided an empirical derivation of effective leadership skills. They are:
1. Verbal communication (including listening)
2. Managing time and stress
3. Managing individual decisions
4. Recognizing, defining, and solving problems
5. Motivating and influencing others
6. Delegating
7. Setting goals and articulating a vision
8. Self awareness
9. Team building
10. Managing conflict
David A. Whetten and Kim S. Cameron, Developing Management Skills, Harper Collins, New York, 1991.

Profit Sense - An Important Managerial Skill

I now feel profit sense is an important managerial skill. Every manager should spot profit opportuniites and evaluate them for assuring that the profit is there in the proposal and select the best portfolio of  profitable projects and initiatives for his department or section.

Links to Knols with Material on Managerial Skills

 
1. Forecasting: prelude to planning
2. Strategic planning
What is Business Strategy?
3. Budgeting
Budget, Budgeting and Budgetary Control
4. Marketing
The Marketing Concept - Kotler
5. Innovating
6. Resolving conflict
7. Disciplining
8. Rewarding
9. Improving Productivity
Earlier link was provided to 7 Principles for Improving Workflow. A new link is to be given now.

10. Managing costs
11. Managing time
12. Managing change
13. Managing ethics
14. Developing yourself
15. Leading

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Videos on Managerial Skills

Your browser does not support iframes.
 A Recent Book Recommended for Trainers and Self Learners
Training in Interpersonal Skills - Book Information and Review


MBA Knowledge Revision Schedule


January  - February  - March  - April  - May   -   June

July       - August     - September  - October - November  - December




http://nraomtr.blogspot.com


Original Knol - Number 428

Human Resource Management - Review Articles

Human Resource Management Revision Articles Series

Review articles are mainly based on the textbook:
Human Resource Management: An Experiential Approach (SIE), 4/e
Copyright year: 2007

H. John Bernardin, Florida Atlantic University

Google books page for the book. Preview and search facility are available

http://books.google.co.in/books?id=0Vb-lyIy5aMC

Table of Contents and Revision Articles

Human Resource Management Revision Articles for Chapters



PART I - Human Resource Management and the Environment

Strategic Human Resource Management in a Changing Environment
The Role of Globalization in HR Policy and Practice - Review notes updated 10.1.2012
The Legal Environment of HRM: Equal Employment Opportunity - Review Notes

PART II - Acquiring Human Resource Capability

Work Analysis and Design - Review Notes
Human Resource Planning and Recruitment - Review Notes
Personnel Selection - Review Notes

PART III - Developing Human Resource Capability

Performance Management and Appraisal - Review Notes
Training and Development - Review Notes
Career Development - Review Notes

PART IV - Compensating and Managing Human Resources

Compensation: Base Pay and Fringe Benefits - Review Notes
Pay for Performance - Review Notes
Managing the Employment Relationship - Review Notes
Labor Relations and Collective Bargaining - Review Notes
Employee Health and Safety - Review Notes

Full Chapters of the Book Human Resource Management Online Book by Laura Dias

Research in Human Resource Management
Human Resource Management Research Propositions



MBA Knowledge Revision Schedule


January  - February  - March  - April  - May   -   June

July       - August     - September  - October - November  - December


Updated 8 June 2014,  6.1.2012, 14.12.2011

Managerial Economics - Review Articles - List

The book 'Managerial Economics' was authored and published by Joel Dean in 1951.

The purposed was stated as to show how economic analysis could be used in formulating business policies. The focus of the book is to give executives access to the practical contributions that economic thinking can make to top-management policies. It is also stated that the book deals only with those phases of enterprise economics that strike the author as particularly useful to he management of large industrial corporations.

The book highlights economic analysis for the concepts of profit, competition, demand, cost, price and applied areas like advertising and capital budgeting.


Review notes for the chapters of the book

1. Profits
2. Competition
3. Multiple Products
4. Demand analysis
5. Cost
6. Advertising
7. Basic Price
8. Product-line Pricing
9. Pricing Differentials
10.Capital Budgeting


MBA Knowledge Revision Schedule


January  - February  - March  - April  - May   -   June

July       - August     - September  - October - November  - December

Principles of Management Revision/Review Articles - List

http://nraomtr.blogspot.com/search/label/Principles%20of%20Management

Management: Definition and Process

Evolution of Management Thought and Theory - Review Notes

Process of Management

Planning: A Management Process

The Nature and Purpose of Planning - Review Notes

Objectives and Goals - Review Notes

Strategies, Policies, and Planning Premises - Review Notes

Business Firm and Society - The External Environment, Social Responsibility and Ethics - Review Notes

Decision Making

Decision Making - Review Notes

Summary - Principles of Planning


The Nature of Organizing - Review Notes

Departmentation in Organizations - Review Notes

Line-Staff Authority and Decentralization - Review Notes

Effective Organizing and Organizational Culture - Review Notes

Summary - Principles - Organizing


Human Resource Management and Selection

Performance Appraisal and Career Strategy

Manager and Organization Development

Summary - Principles - Staffing


Resourcing; A Function of Management

Human Factors and Motivation

Leadership - Koontz and O'Donnell - Review Notes

Supervision - Introduction - Public Administration Point of View

Committes and Group Decision Making - Review Notes

Communication - Koontz and O'Donnell - Review Notes

Summary of Principles - Directing - Leading


The System and Process of Controlling - Review Notes

Control Techniques and Information Technology

Productivity Control

Overall Control and Preventive Control - Review Notes


Summary - Principles of Controlling




Global and Comparative Management

Organizing - Global Management Issues - Review Notes

Staffing - Global Management Issues

Leading - Global Management Challenges

Controlling - Global Management Challenges - Review Notes


Lean Management

Management and Entrepreneurship: Science, Theory and Practice

Managerial Skills

Principles of Management - List

Peter Drucker - Business Organization - Economic Function - Social Responsibility

Peter Drucker on Scientific Management - Industrial Engineering

Scientific Approach, Engineering Approach, Management Approach

SHAREHOLDER VALUE MANAGEMENT THEORY REVIEW


MBA Knowledge Revision Schedule


January  - February  - March  - April  - May   -   June

July       - August     - September  - October - November  - December



Updated 19.5.2014 - 19 May Birthday of Harold Koontz

Strategic Management - Review Chapter Notes - Strickland and Thompson



PART ONE Concepts and Techniques for Crafting and Executing Strategy

Section A: Introduction and Overview


Chapter 1: What Is Strategy and Why Is It Important? Key Points of the Chapter
               
             

Chapter 2: Charting a Company’s Direction: Vision and Mission, Objectives, and Strategy - Key Points of the Chapter
               

Section B: Core Concepts and Analytical Tools


Chapter 3: Evaluating a Company’s External EnvironmentKey Points of the Chapter
               

Chapter 4: Evaluating a Company’s Resources, Capabilities, and CompetitivenessKey Points of the Chapter
               

Section C: Crafting a Strategy


Chapter 5: The Five Generic Competitive Strategies: Which One to Employ? - Key Points of the Chapter
               

Chapter 6: Strengthening a Company’s Competitive Position: Strategic Moves, Timing, and Scope of Operations - Key Points of the Chapter
               

Chapter 7: Strategies for Competing in International MarketsKey Points of the Chapter
               
Chapter 8: Corporate Strategy: Diversification and the Multibusiness CompanyKey Points of the Chapter
               

Chapter 9: Ethics, Corporate Social Responsibility, Environmental Sustainability, and StrategyKey Points of the Chapter
               

Section D: Executing the Strategy


Chapter 10: Building an Organization Capable of Good Strategy Execution: People, Capabilities, and Structure - Key Points of the Chapter
               

Chapter 11: Managing Internal Operations: Actions That Promote Good Strategy Execution - Key Points of the Chapter
                 

Chapter 12: Corporate Culture and Leadership: Keys to Good Strategy ExecutionKey Points of the Chapter
                    

Industrial Engineering - Review Articles

1. Industrial Engineering - Introduction


2. Component Areas of IE: Human Effort engineering and System Efficiency Engineering


Articles are posted in serial order

Pioneering Efforts of Taylor, Gilbreth and Emerson
Principles of Motion Economy
Motion Study - Human Effort Engineering
Ergonomics - Introduction
Work Measurement

Predetermined Motion Time Systems (PMTS)
Methods Efficiency Engineering
Product Design Efficiency Engineering
Plant Layout - Efficiency
Value Engineering - Introduction

Statistical Quality Control – Industrial Engineering
Statistical Quality Control – Industrial Engineeri... (duplicate post - to be removed)
Inspection Methods Efficiency Engineering
Operations Research - An Efficiency Improvement Tool for Industrial Engineers
Engineering Economics is an Efficiency Improvement Tool for Industrial Engineers
Industrial Engineering and Scientific Management in Japan

Shigeo Shingo - The Japanese Industrial Engineer
System Engineering Process and Its Management
Systems Improvement
Systems Installation - Installing Proposed Methods
Productivity, Safety, Comfort, and Operator Health Management

Organizing for Industrial Engineering: Historical Evolution of Thinking
Current Research in IE
Managing Change in Improvement Projects - Comfort Zone to Comfort Zone
Supply Chain Cost Reduction
System Design Principles

Total Improvement Management
Total Industrial Engineering - H. Yamashina



Industrial Engineering Knowledge Revision Plan - One Year Plan


January - February - March - April - May - June




MBA Knowledge Revision Schedule


January  - February  - March  - April  - May   -   June

July       - August     - September  - October - November  - December

June 23, 2014

Supply Chain Management - Panel Discussions and Video Lectures



2014

Cass School of Business - Supply Chain Management Master Class
Prof Sinead

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Cass School of Business YouTube Channel - 300 videos
https://www.youtube.com/channel/UC8N8q1jH6sC6z3LtoietbDA



Systems Approach in Supply Chain and Risk Management - MIT Webinar
Speaker: Loannis Kyratzoglou

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YouTube Link for the above video: https://www.youtube.com/watch?v=bHpUzw82P1U

Business and Managerial Ethics - Panel Discussions and Video Lectures




2014

The Return on Integrity: Ethics, Values and Business
15th Minnesota Business Ethcis Award Key Note Address
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Ohio Wesleyan University Business Ethics Lecture - Susan Willeke
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__________________________

Entrepreneurship - Panel Discussions and Video Lectures




2013

Center for Strategic and International Studies Panel Discussion


Doing Business at the Cross Roads -

Part 1
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Part 2

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Financial Management - Corporate Finance - Panel Discussion and Video Presentations





2012
Working Capital Panel Discusion
2012 Clinton Global Initiative Discussion

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________________________________

June 22, 2014

Human Resource Management - Panel Discussions and Video Lectures



2014

Chief Human Resource Officer's Round Table 2014

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2012
Best Practice Tips from Google, VP, People Operations

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June 21, 2014

Marketing Management - Video Lectures and Panel Discussions

Summaries of Chapters of Kotler's Marketing Management Book for quick reading and revision



2014

May
The Strategy Building, Marketing and Selling a Brand - Panel Discussion - Aspen/Snowmass
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Product Management - Challenges and Opportunities
Product Managers of Los Angeles - Panel discussion
March 2014
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2013

November 2013

Singapore Management  University - Digital marketing panel discussion
Ogilvy Singapore and Google

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July - 2013 - Building Your Action Plan for Social Media Marketing

Presentation at Columbia Business School by Ric Dragon,Author of Social Marketology

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Rick Dragon - 60 minute Radio Talk
http://www.blogtalkradio.com/waynehurlbert/2012/10/05/ric-dragon-social-marketology

Social Marketology - Webinar - One hour by Ric Dragon


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June 20, 2014

Big Data - The Revolutionary Change It is Bringing in Management - Planning and Decision Making

HBR article October  2012
http://hbr.org/2012/10/big-data-the-management-revolution

Big data tools and philosophies are bringing a revolution in management theory and practice.



How Big Business is Generating Value from Big Data

Stanford B School Panel Discussion Video
3 October 2013

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June 15, 2014

Toyota Kata - Developing Ingenuity of People through Management



Toyota strongly believes in developing people. It is a common philosophy of all Japanese companies. But Toyota is a great example of exemplary practice of many principles of management both of Japanese origin and American origin

Mike Rother is the author of the book Toyota Kata

Demonstration of Coaching Cycles by Mike Rother
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Talk on Toyota Kata by Mike Rother
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Home Page of Mike Rother

http://www-personal.umich.edu/~mrother/Homepage.html

Toyota Kata - Habits for Continuous Learning and Improvements - Hakan Forss
http://vimeo.com/86838547

Toyota Kata Presentation by Keith Dilbert
http://www.usd.edu/business/manufacturing-and-technology-solutions/upload/Toyota-Kata-presentation-from-Keith-Deibert.pdf

Methods Efficiency Engineering

In industrial engineering, there is a branch popularized as methods engineering, method study or work study. The right term for this subject should be "Methods Efficiency Engineering". Methods Engineering is the process of coming out with methods to manufacture a component, a product or to perform a service. Methods engineering is expected to come out with effective and efficient method. Industrial engineering participates in the methods engineering activity to provide efficiency related services.

Industrial engineers use analysis to find inefficiencies in proposed methods or existing ways of work and then synthesize the new method having the most efficient components and then standardize the method. It includes training workmen also. Then they develop standard times for the installed standard times.

For improving methods efficiency, industrial engineers use process efficiency analysis techniques, operation efficiency analysis techniques and motion efficiency analysis techniques.

Process efficiency analysis questions the need for every step in the analysis and looks at the possibilities for changing the sequence of operations and for combining or splitting operations further to enhance the efficiency of the process.

Operation analysis looks at each operation and resources used in the operations. It looks at the equipment used, time the equipment is utilised, the tools used, jigs and fixtures used, energy consumption, material consumption, work place layout, material handing method used, and inventory.  Motion analysis examines the motions made by the operator.



_________________________________________________________________
Casetudy: http://www.globalresearch.com.my/main/papers/icber/PAPER_107_ImpactTime.pdf

Time and Motion Studies in Libraries http://www.ideals.illinois.edu/bitstream/handle/2142/5533/librarytrendsv2i3F_opt.pdf


Originally posted in Knol

Updated 15 June 2014, 15 Dec 2011


Industrial Engineering Knowledge Revision Plan - One Year Plan


January - February - March - April - May - June