July - Management Knowledge Revision

Online MBA Management Theory Handbook 

July  (Economics, Engineering Economics, & Managerial Ethics)

1st Week  ( 1 to 5 July)

Economic Theory of Production and Production Cost
Economic Analysis of Different Competitive Conditions.

Factor Pricing Theory and Land Rents

Wages and the Labor Market - Samuelson and Nordhaus 

Capital, Interest and Profits - Review Notes
Markets and Economic Efficiency - Review Notes

Economic Role of Government and Its Expenditure


Alternative Economic Systems - Review Notes
Theory of Economic Growth

2nd week  ( 8 to 12 July)

International Trade Theory and Issues
Exchange Rates: Markets Regulation and International Financial System

Supply Behavior/Decisions of Firm in Competitive Markets
Introduction to Engineering Economics


Engineering Economy or Engineering Economics: Economic Decision Making by Engineers
Time Value of Money - Time Value of Money Calculations


Cash Flow Estimation for Expenditure Proposals
Required Rate of Return - Cost of Capital  - Required Rate of Return for Investment or Expenditure Proposal..


Depreciation and Other Related Issues
NPV - IRR and Other Summary Project Assessment Measures



3rd week  (15 to 19 July)


Income Expansion Projects
Cost Reduction Projects


Replacement Decisons
Expected Values and Risk of Project Revenues and Costs


Present-Worth Comparisons
Rate-of-Return Calculations

18 July

Equivalent Annual-Worth Comparisons
Replacement Analysis


Replacement Problem - Engineering Economy Analysis...
Machine Selection Problem for an Engineer - Engine...

4th week

Depreciation and Income Tax Considerations
Sensitivity Analysis

Structural Analysis of Alternatives
Engineering Economic Analysis - Subject Update - Recent Case Studies

Business Ethics Revision Starts

Business Ethics – Introduction
Moral Standards and Moral Judgments – Approaches



Business System - Free Markets - Ethics
Ethics in the Market Place and Distribution System

Ethics in the Factory
Ethics in the Supply Chain

To August - Management Knowledge Revision

Industrial Engineers support Engineers and Managers in Efficiency Improvement of Products, Processes and Systems

Industrial Engineering ONLINE Course

One Year MBA Knowledge Revision Plan

January  - February  - March  - April  - May   -   June

July  - August     - September  - October  - November  - December



Updated 30 June 2020,  10 July 2016

Financial - Cost and Management Accounting - Subject Update Articles

                                      Narayana Rao K.V.S.S. on Cover Page of Business Today 

October 22 - November 6, 1997

2020

Video Lectures on Financial Accounting by Prof. Elbarrad
https://www.youtube.com/channel/UCXQAlFxCIlihCazcGq65wBA


Cost Effective Supply Chain
Brand owners require effective processes for collecting and managing cost data from manufacturing partners, item suppliers and logistics partners at the individual item and bill-of-material (BOM) levels. E2open’s Cost Management application enables multi-tier cost capture and management by providing a single view of BOMs, cost forecasting and rebate management. The result is efficient, optimized processes and lower supply chain costs.
https://www.e2open.com/intelligent-applications/supply-management/cost-management/

2019

Bain and Company
______________

______________



Save-to-transform as a catalyst for embracing digital disruption
Deloitte's 2019 Global Cost Survey
Cost-management remains a strong imperative around the world.
https://www2.deloitte.com/us/en/pages/operations/articles/global-cost-management-survey.html

Strategic Cost Transformation - Capgemini

https://www.capgemini.com/wp-content/uploads/2017/07/Strategic_Cost_Transformation.pdf

Manufacturing cost transformation

Situation
Our client, which primarily serves coal power generators, faced a unique set of market challenges driven by fossil fuel price and regulatory uncertainty:
https://www.strategyand.pwc.com/power-utilities/infrastructure-mining/casestudy/cost-transformation

Cost Transformation

We help you embark on major cost reduction—without losing focus on profitable growth.
https://www.atkearney.com/operations-performance-transformation/cost-transformation

IBM: Cost transformation for the digital era

In the new digital era, the classical dichotomy of grow and invest, or reduce costs has changed and it’s no longer an either/or choice. Organizations have new opportunities to identify cost take-out, rethink operational efficiency and fund growth from the inside out.
https://www.ibm.com/thought-leadership/institute-business-value/report/cognitive-cost

How do you take your enterprise cost reduction strategy from alienating to engaging?
https://consulting.ey.com/take-enterprise-cost-reduction-strategy-alienating-engaging/


February 5, 2019

IMA Releases Enhanced Management Accounting Competency Framework for Professionals in the Digital Age

IMA® (Institute of Management Accountants) has released its enhanced Management Accounting Competency Framework. The updated Framework reflects the skills management accountants will need to remain relevant and be future-ready.
https://www.imanet.org/about-ima/news-and-media-relations/press-releases/2019/2/5/ima-releases-enhanced-management-accounting-competency-framework?ssopc=1

IMA Management Accounting Competency Framework 

Strategy, Planning & Performance
The competencies required to envision the future, lead the strategic planning process, guide decisions, manage risk, and monitor performance.

Reporting & Control
The competencies required to measure and report an organization’s performance in compliance with relevant standards and regulations.

Technology & Analytics
The competencies required to manage technology and analyze data to enhance organizational success.

Business Acumen & Operations
The competencies required to contribute as a cross-functional business partner to transform company-wide operations.

Leadership
The competencies required to collaborate with others and inspire teams to achieve organizational goals.

Professional Ethics & Values
The competencies required to demonstrate the professional values, ethical behavior, and legal compliance essential to a sustainable business model.
Download full framework from https://www.imanet.org/career-resources/management-accounting-competencies?ssopc=1

2018

Strategic Cost Transformation

by Dr. Reginald Tomas Lee
Publisher: Business Expert Press
Release Date: December 2018
https://www.oreilly.com/library/view/strategic-cost-transformation/9781631578809/

Virtual Issue on Empirical Management Accounting Research

Journal of Accounting Research, August 2018
Margaret A. Abernethy
University of Melbourne, Department of Accounting
Dennis Campbell
Harvard University - Accounting & Control Unit

Review of empirical papers published in JAR over the past 10 years examining management accounting and control systems in organizational contexts that are complex, ambiguous and where performance is difficult to measure. These papers use a variety of newer economic models of organization culture, relational contracts and related theories from sociology and psychology to provide a direction to management accounting.

2015

Cost Transformation Model of CGMA

http://www.cgma.org/Resources/Tools/pages/cost-transformation-model.aspx

Cost Transformation - Tata Steel Europe Case Study

http://www.cgma.org/Resources/Tools/Documents/Cost_Transformation_COL_TATA.PDF


2014

May 2014
Corporate and Integrated Reporting
HBS working paper
http://hbswk.hbs.edu/item/7502.html


Jan 2014
Environmental Accounting - ACCA
http://www.accaglobal.com/zw/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f5/technical-articles/Env-MA.html


2009

How to Cut Cost Strategically

Harvard Business Review
Published on 22 Sep 2009
Cesare Mainardi, managing director of Booz & Company, details how executives should cut costs--but often dont.
______________

______________


1997

Effective Management of Future Costs through New Product Target Costing

Effective cost management must start at the design stage. As much as 90-95% of a product's costs are added in the design process. That is why effective cost management programs focus on design and manufacturing. The primary cost management method to control cost during design is a combination of target costing and value engineering.
Target Costing and Value Engineering - Robin Cooper - 1997
https://nraoiekc.blogspot.com/2019/07/target-costing-and-value-engineering.html
Value Analysis and Engineering - Online Book

Financial, Cost and Management Accounting - Review Notes List

Top 100 Management Theory Articles of the blog

Updated on 28 July 2019,  29 May 2019,  10 December 2015

2.9 Million Cumulative Page Views Registered on 28 June 2020

28 June 2020
2.9 million


28 June 2018
2.41 Million Page Views Registered on 28 June 2018

At 10.38 pm IST
2,418,131 page views


28 June 2014

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

____________________

____________________

Million Page Views for the Blog - Top Posts
____________________

____________________

Audience - Country Breakup
80% global audience

____________________

____________________

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

Updated on 28 June 2018, 28 June 2014

Brain Stilling - Brain Storming for Effective Decisions

Brain stilling is allowing unconscious mind to work on the problem. The unconscious mind provides intuitive solutions. Brain stilling is also used to understand the others' viewpoint with full concentration on the description provided. Ability to suspend judgment till the other person presents his view completely is important. Top managers need to cultivate the ability to combine intelligences of many people. Spirituality scholars with focus on management even talk of utilizing the universal intelligence in decision making.

Brain storming is a group creativity enhancing technique. In this technique, the members of the group are provided continuous stimulation in the form of ideas presented by others. Some of these ideas may provide the stimulus to bring forth new ideas. Every idea is recorded without any evaluation to encourage further participation by others. Top managers will get the benefit of conscious effort by many in the organization by holding brain storming sessions. The brain storming sessions can be followed by individual suggestions that are communicated after providing more time for external search and individual thinking. There is scope for intuitive suggestions also when time is provided to many for thinking.

After brain storming, some time can be given for brain stilling to allow time for the unconscious to bring out from the depths of one's mind and brain some thing interesting that is of use to solve the problem under investigation.


Meditation and Brain Stilling

Patanjali

The definition of meditation (or yoga) by Patanjali as “restriction (or stilling) of the fluctuations of the mind” (cf, Woods, 1927/2003, p. xxx, 8).

According to Patanjali, five types of fluctuations of mind should be overcome in order to attain concentration (meditation): (1) veridical cognition on the basis of perception, logical reasoning, and verbal communication, (2) illusory imagination, (3) linguistic conceptualizations, (4) sleep, and (5) memory (Woods, 1927/2003; Rao, 2011, p. xxx, 17ff). These fluctuations corresponds to, roughly speaking, the full range of mental states which the mind may pass through during normal life activity as they are described in modern psychology.

Although different schools of meditation use specific techniques and procedures (Focused Attention, Open Monitoring, Nondual Awarenes etc., cf, Josipovic, 2014), the ultimate aim always includes some form of “restriction (or stilling) of the fluctuations of the mind.”

Meditation is a whole-brain (body) activity and needs characterization in terms of whole brain dynamics. The research strategy might follow the non-reductionist proposal of Edelman (2003) and Edelman and Tononi (2000 p. 18f) and concentrate on the brain processes, not just the brain areas, that support consciousness, and examine what kind of neural interactions may explain the fundamental properties of consciousness such as phenomenological unity, differentiation, variability and informativeness, that may reveal characteristics conforming to the phenomenological descriptions of the target states (e.g., rest vs. various forms and states of meditation).

Front. Psychol., 03 July 2015 | https://doi.org/10.3389/fpsyg.2015.00915
Patanjali and neuroscientific research on meditation
Klaus B. Bærentsen*
Department of Psychology and Behavioral Sciences, University of Aarhus, Aarhus, Denmark
https://www.frontiersin.org/articles/10.3389/fpsyg.2015.00915/full

Joseph Goldstein - Insight Meditation Society, USA

Kathy Milano PhD - Clinical Psychologist - New York

Updated on 14 May 2019, 3 April 2017

Behavioral Issues in Operations Management

Online MBA Management Theory Handbook 

The subject "Organizational Behavior" discusses behavioral issues related to organizations and their management.

The textbook on the subject by Fred Luthans covers the following topics under the major areas.

Cognitive Processes

Perception and Attribution
Personality and Attitudes
Motivational Needs and Processes
Positive Psychology Insights: Optimism, Emotional Intelligence and Self Efficacy

Dynamics of Organizational Behavior

Communication
Decision Making
Stress and Conflict
Power and Politics
Groups and Teams

Managing Organizational Behavior

Managing Performance through Job Design and Goal Setting
Behavioral Performance Management
Effective Leadership Process

Operating departments employ the maximum man power in organizations generally. Therefore issues of people behavior have to be understood by them to select, train, and direct people effectively and efficiently. All the above behavioral issues are relevant in operations management and business education programs include the subject of organizational behavior as a core course.

As an illustration, the issue of downward communication can be examined.

Downward Communication

Luthans cited Katz and Kahn and gave five basic purposes of downward communication.

1. To give specific directives and instructions related to tasks and jobs.
2. To give information about organizational procedures and practices.
3. To provide information about the rationale of the job.
4. To tell subordinates about their performance (give feedback)
5. To provide ideological information to facilitate the indoctrination of goals.

Luthans says, managers are undertaking only the first two types of communication. Such a practice is having negative effect. Communicating the ideology of the organization (mission and vision), explaining the role of the job in the vision achievement and feedback about job performance greatly benefit the organization. Visionary Leadership for Operations Management explains how aligned vision is important dimension for effective organizational performance. In the downward communication, concern for the task, concern for people and mechanism to align vision are to be there.

Summary of each chapter of Organizational Behavior is available in:
Organizational Behavior Book by Fred Luthans - Review Notes

The Human Factor in Works Management - 1912

Operations management began in the later years of 19th century as shop management and works management. It is interesting to note that issues related to managing men were treated as the most important area in management and early papers presented in American Society of Mechanical Engineers were in the area of managing men. In 1912, James Hartnell, a member of ASME authored the book, The Human Factor in Works Management. He covered two topics, The value of Habit and The inertial of Habit in that book.

The human factor in works management
by Hartness, James, 1861-1934
Publication date 1912
https://archive.org/details/humanfactorinwo01hartgoog/page/n7

THE PSYCHOLOGY OF MANAGEMENT 

The Function of the Mind in Determining,Teaching and Installing Methods of Least Waste
BY
L. M. GILBRETH, M. L.
STURGIS & WALTON COMPANY
1914

CONTENTS

CHAPTER I DESCRIPTION AND GENERAL OUTLINE OF THE PSYCHOLOGY OF MANAGEMENT

Definition of Psychology of Management Importance of the Subject Purpose of this Book
Definition of Management The Three Types of Management Possible Psychological Studies
of Management Plan of Psychological Study Here Used Underlying Ideas or Divisions of
Scientific Management Outline of Method of Investigation Conclusions to be Reached.

CHAPTER II

INDIVIDUALITY

Definition of Individuality Place of Individuality in Psychology Individuality Under Tradi-
tional Management Individuality Under Transitory Management Individuality Under Scientific
Management Selection of Workers Separating Output Recording Output Separately Individual Tasks Individual Instruction Cards Individual Teaching Individual Incentives Individual Welfare Summary: (a) Effect of Individuality upon Work; (b) Effect of Individuality upon Worker.

CHAPTER III

FUNCTIONALIZATION

Definition of Functionalization Psychological Use of Functionalization Functionalization
in Traditional Management Functionalization Under Transitory Management Functionaliza-
tion Under Scientific Management Separating the Planning From the Performing Functional-
ized Foremanship The Function of Order of Work and Route Clerk The Function of In-
struction Card Clerk > The Function of Time and Cost Clerk The Function of Disciplinarian
The Function of Gang Boss The Function of Speed Boss The Function of Repair Boss
The Function of Inspector Functionalizing the Worker Functionalizing the Work Itself
Summary: (a) Effect of Functionalization upon the Work; (b) Effect of Functionalization upon
the Worker.

CHAPTER IV

MEASUREMENT

Definition of Measurement Importance of Measurement in Psychology Relation of Measurement in Psychology to Measurement in Management Importance of Measurement in Management Measurement in Traditional Management Measurement in Transitory Management

Measurement in Scientific Management Qualifications of the Observer Methods of
Observation 'Definitions of Motion Study and Time Study Methods of Motion Study and
Time Study Summary: (a) Effect of Measurement on the Work ; (b) Effect of Measurement
on the Worker; (c) Future Results to be Expected; (d) First Step Toward Obtaining These
Results.

CHAPTER V

ANALYSIS AND SYNTHESIS

Definition of Analysis Definition of Synthesis

Use of Analysis and Synthesis by Psychology

Importance of Analysis and Synthesis in Management Place in Traditional Management
Place in Transitory Management Place in Scientific Management The Work of the Analyst

Determining Factor in Amount of Analysis Field of Pyschology in Analysis Qualifications
of an Analyst Worker's Interest in AnalysisThe Work of the Synthesist Results of Synthesist's Work The Task Discussion of the Name " Task " Definition of " Task " in Scientific Management Field of Application of the Task Idea Qualifications of the Synthesist
Summary: (a) Effect of Analysis and Synthesis on the Work; (b) Effect of Analysis and Syn-
thesis on the Worker.

CHAPTER VI

STANDARDIZATION

Definition of Standardization Relation of the Standard to the Task and the Incentive Relation of the Standard to Psychology Purpose of Standardization Standardization Under Tradtional Management Standarization Under Transitory Management Value of Systems Standardization Under Scientific Management

Relation of Standard to Measurement Scope of Standardization Under Scientific Management

Permanence of Results Needs of Standardization Likened to Needs in Field of Spelling -
Standard Nomenclature Advantages of Mnemonic Symbols Standard Phraseology The
Standard Man Standard Means of Conveying Information Definition of the Instruction Card

Detailed Description of the Instruction Card Value of Standard Surroundings Necessity for
Proper Placing of the Worker Standard Equipment Standard Tools and Devices Standard
Clothing Standard Methods Rest from Fatigue Standardization of Work with Animals
Standard Quality Standard "Method of Attack" 'Summary: (a) Effect of Standardiza-
tion on the Work; (b) Effect of Standardization on the Worker; (c) Progress of Standardization
Assured.

CHAPTER VII

RECORDS AND PROGRAMMES

Definition of Record Records Under Traditional Management Records Under Transitory
Management Records Under Scientific Management Criterion of Records Records of Work
and Workers Records of Initiative Records of Good Behavior Records of Achievement
Records of " Exceptions " Posting of Records

Summary of Results of Records to Work and Worker Definition of Programme Programmes Under Traditional Management Programmes Under Transitory Management 'Programmes Under Scientific Management Programmes and Routing Possibility of Prophecy Under Scientific Management Summary of Results of Programmes to Work and Worker

Relation Between Records and Programmes Types of Records and Programmes Interrelation of Types Illustrations of Complexity of Relations Possibilities of Eliminating Waste
Derivation of the Programme Summary: (a) Effect of Relations Between Records and Pro-
grammes on the Work; (b) Effect on the Worker.

CHAPTER VIII

TEACHING

Definition of Teaching Teaching Under Traditional Management Faults Due to Lack of
Standards Teaching Under Transitory Manageagement Teaching Under Scientific Management

Importance of Teaching Conforming of Teaching to Psychological Laws Conservation
of Valuable Elements of Traditional and Transitory Management Scope of Teaching Source
of Teaching Methods of Teaching Instruction Cards as Teachers Systems as Teachers
Drawings, Charts, Plans and Photographs Functional Foremen as Teachers Object Lessons as Teachers Training the Senses Forming Good Habits Importance of Teaching
Right Motions First Stimulating Attention Forming Associations Educating the Memory

Cultivating the Imagination Developing the Judgment Utilizing Suggestion Utilizing Native Reactions Developing the Will Adaptability of Teaching Provision of Places for
Teaching Measurement of Teaching Relation of Teaching to Academic Training and Vocational Guidance Summary: (a) Result of Teaching in the Work; (b) Result of Teaching to
the Worker; (c) Results to be Expected in the Future.

CHAPTER IX

INCENTIVES

Definition of Incentive Importance of Incentives Direct and Indirect Incentives Definition of Reward Definition of Punishment Nature of Direct Incentives The Reward Under Traditional Management The Punishment Under Traditional Management The Direct Incentive Under Traditional Management Incentives Under Transitory Management Rewards
Under Scientific Management Promotion and Pay Relation of Wages and Bonus Day
Work Piece Work Task Wage - Gain Sharing Premium Plan Profit Sharing Differential Rate Piece Task Work with a Bonus Differential Bonus Three Rate Three Rate with Increased Rate Other Rewards Negative and Positive Punishments Fines and Their Disposal Assignment to Less Pleasant Work Discharge and Its Elimination Use of Direct Incentives Summary: (a) Effect of Incen-
tives upon the Work; (b) Effect of Incentives upon the Worker.

CHAPTER X

WELFARE

Definition of Welfare " Welfare " and "Welfare Work" Welfare Under Traditional Management Welfare Work Under Traditional Management Welfare Under Transitory Management Welfare Work Under Transitory Management Welfare Under Scientific Management Physical Improvement Mental Development Moral Development Interrelation of Physical, Mental and Moral Development Welfare Work Under Scientific Management Summary: (a) Result of Welfare to the Work; (b) Result of
Welfare to the Worker.

Chapter summaries are being prepared for Lilian Gilbreth's Book

1. The Role of of the Mind - Psychology in Productivity Management - Scientific Management - Lilian Gilbreth
https://nraoiekc.blogspot.com/2019/04/the-role-of-of-mind-psychology-in.html


Introduction to Organizational Behavior - Online Book

May - Management Knowledge Revision - Cost and Management Accounting and Organizational Behavior

Updated on 19 May 2019, 2 April 2019

Zero-Based Productivity Management

Online MBA Management Theory Handbook 

Last Post of Operations Management A to Z Articles - 2019 A to Z Blogging Articles

_____________

_____________

Zero-Based Productivity - Cost Savings

When implemented throughout the enterprise, zero-based productivity can not only create a fit-for-purpose cost structure but also free up funds to invest in strategic growth initiatives. When zero-based productivity is rolled out as an overarching philosophy to promote a high-performance culture, an organization can achieve cost savings of 10 to 40 percent (depending on the spending area) while allocating more resources to strategic priorities. - McKinsey Consultants

Zero-Based Productivity Management

McKinsey consultants provided the concept of zero-based productivity based on zero-based budgeting to provide a new direction to productivity management.

The idea of zero-based productivity proposed by them has application in planning, organizing, resourcing, directing, and control, the five functions of management.

Budgeting basically is planning. The consultants published an article explaining its role in organizing. Resources have to removed from low value generating activities and have to be allocated to new strategic initiatives. That is the main theme of zero-based productivity. The culture of the organization needs to be changed. Culture is basically behavior and hence it is part of directing function of management. The whole exercise is aimed at increasing effectiveness and efficiency. Hence control action is required to see that new plans are implemented through new organizations, newly acquired or modified resources, new behavior or processes. Also measurement of results has to be done and to take feedback based action to move the enterprise in the desired direction.

Zero-based Productivity - Basic Concept

Zero-based productivity: The power of informed choices

July 2018  Article

In this article, the first in a series, we examine the distinctive elements of zero-based productivity.

When implemented throughout the enterprise, zero-based productivity can not only create a fit-for-purpose cost structure but also free up funds to invest in strategic growth initiatives. When zero-based productivity is rolled out as an overarching philosophy to promote a high-performance culture, an organization can achieve cost savings of 10 to 40 percent (depending on the spending area) while allocating more resources to strategic priorities.

Internal and external benchmarks, from relevant peers as well as across internal markets and functions, are used to intelligently challenge current spending levels. These comparisons provide business leaders with the perspective to gauge the full potential savings available to their company and turn that potential into year-over-year targets for each function and market. 

Zero-based productivity is an exercise to realign a company’s profit-and-loss statement with its strategic priorities. The organizaton may decide to operate  with a smaller cost base or by redirect spending to more productive investments. The structural and cultural elements of zero-based productivity help to guide organizations and their management teams to achieve performance improvements. The journey toward productivity is more than a planning and budgeting activity, Executives should view it as a significant mind-set shift initiative that requires change management and system improvements to help employees deliver more than they ever thought possible.

About the author(s)
Søren Fritzen is a senior partner in McKinsey’s Copenhagen office; Matt Jochim is a partner in the London office; Carey Mignerey is a partner in the Atlanta office; and Mita Sen is an associate partner in the Zurich office.
https://www.mckinsey.com/business-functions/operations/our-insights/zero-based-productivity-the-power-of-informed-choices

Building the zero-based culture

November 2018  Article

By Ronald Falcon, Hanspeter Hueter, Matthew Maloney, and Abhishek Shirali

ZBB evolves into zero-based productivity (ZBP), a performance-improvement dynamo that transforms the entire enterprise—achieving the ideal of fact-based, data-driven decisions that boost sales, reduce waste, and accelerate improvement year after year.

https://www.mckinsey.com/business-functions/operations/our-insights/building-the-zero-based-culture

Zero-based productivity—Marketing

Zero-based productivity—Marketing: Measure, allocate, and invest marketing dollars more effectively

August 2018  Article

By Jeff Jacobs, Roberto Longo, Mita Sen, and Björn Time

Marketing is a function for consumer engagement,sales and revenue. Its costs can account for more than 10 percent of revenues in many consumer-facing businesses and this cost has to be understood and spent wisely. Waste in marketing cost has to be identified and eliminated.

https://www.mckinsey.com/business-functions/operations/our-insights/zero-based-productivity-marketing-measure-allocate-and-invest-marketing-dollars-more-effectively

Zero-based Productivity - Organization Redesign

Zero-based productivity—Organization: Using zero-based principles to forge a purpose-built organization
December 2018| Article
By Onno Boer, Shaun Callaghan, Mita Sen, and Alexander Thiel


McKinsey consultants have published a series of articles on zero-based productivity. This article is on zero-based organization.

Using zero-based principles as a lens to assess organization combines planning for  effectiveness  and efficiency. With this approach, companies can capture significant efficiencies while upgrading capabilities and increasing effectiveness across functions. These principles also can ensure that the highest-value roles within the organization are clearly identified and staffed with the most qualified workers.

Traditional approaches to operations can miss opportunities to harness technology to boost efficiency. Assuming the current organizational structure as a starting point  can hinder efforts to improve efficiency and reduce costs. Zero-basing organization, using  zero-based principles as a lens to reshape organizational structure and operations, can unleash greater productivity. In the zero based organized structure,  enterprise ensures that staff and resources are allocated to the highest-value areas of the business.

https://www.mckinsey.com/business-functions/operations/our-insights/zero-based-productivity-organization-using-zero-based-principles-to-forge-a-purpose-built-organization

Zero-based Productivity - The Supply Chain Redesign

Zero-based productivity: Going granular and end-to-end across the supply chain
March 2019  Article
By Matt Jochim, Rehana Khanam, Cecilia Martensson, and Curt Mueller

By undertaking zero-based productivity improvement programes in supply chain, businesses have achieved overall cost savings of up to 50 percent. Rigorous productivity management and the right productivity improvement methods and techniques have to be in place to capture and sustain this level of improvement.

https://www.mckinsey.com/business-functions/operations/our-insights/zero-based-productivity-going-granular-and-end-to-end-across-the-supply-chain



Related article

Productivity Management in Operations Management

Low Inventory Lean Production and Service System

The word lean system was coined in the context of inventory held as work in process or progress by companies. Lean systems hold less inventory in comparison to bulk inventory systems. Toyota initiated the lean inventory or JIT inventory system. They made many modifications to their production system to develop a low inventory that delivered products at less cost at lower production batch quantities.

Now, we explain that lean enterprises deliver maximum performance and minimum resource consumption. A win win situation for the consumer, producer and therefore the society (economy).

The lean enterprise concept was developed by Toyota through a trial and error method to produce automobiles at low volume with high productivity. In Japan, others copied slowly as they learned about the system and implemented its practices. As Japanese companies started producing in various other countries, the practices started diffusing.

IMVP, a research study on automobile industry, codified the Japanese production and enterprise system into the concept of Lean Production System and Enterprise.

__________________


___________________

PWC - Companies have scope to reduce their working capital

PWC's Annual Global Working Capital Study - 2018/19

1.3 trillion Euros can be released by global listed companies by improving working capital management.

The three items of working capital that need to be managed

1. Inventory
2. Assets Receivable
3. Assets Payable

Inventory Reduction Methods and Techniques

Lean and Agile Supply Chain Strategies
Global Coordination (Supply chain management activity)
Forecasting techniques
Production planning
Inventory tracking (Use of IoT and RFIDs)
Balancing Cost, Cash and Service Level Considerations
Inventory parameters and controls defining target stocks (SMED, Poka Yoke)
Inventory Replenish Methodologies (Kanban)

Lean Systems in Practice
Lean System in Lantech - 2004 Onwards
https://nraomtr.blogspot.com/2014/02/lean-system-in-lantech-2004-onwards.html

The Lean Revolution in Lantech - 1992-2003 - Womack and Jones
http://nraomtr.blogspot.com/2014/02/the-lean-revolution-in-lantech-1992-2003.html

Popular Post of A to Z April 2019 Blogging

Industrial Engineering and Operations Management - Distinction and Combination
https://nraomtr.blogspot.com/2019/04/industrial-engineering-and-operations.html


Updated on 20 May 2019, 13 April 2019

Youthful Organization

Maintaining Youth of the Organization and Preventing Old Age

“Like people and plants, organizations have a life cycle. They have a green and supple youth, a time of flourishing strength, and a gnarled old age. But organizations differ from people and plants in that their cycle isn't even approximately predictable.  An organization may go from youth to old age in two or three decades, or it may last for centuries."  John W. Gardner in 1965 October Issue of  Harper's.

So keeping an  organization youthful is a top management challenge.

Comparing an organization to an animal in biological terms is useful. But as we see now-a-days, the average productive age of humans has increased and some individuals are running marathon at age 71 at almost with the same time that they recorded at the age of 21, organization can maintain their strength and energy for many many years. There are certain organizations who completed 100 years of their existence and still going strong. Of course there are many examples of company closures and mergers who far outnumber the 100 year old organizations. That is why maintaining a youthful organization that can research the market, develop new products, produce them, sell them and service them with the same vigor as it was doing in its earlier years.

Actively hiring young employees periodically is way for maintaining the youthful organization. The company must be ready to train young people for front line operating jobs, supervisory positions and manager level positions.

One example is,  Starbucks  engaging its supply chain in partnership with LeadersUp, a new workforce intermediary, to increase the hiring of  youth. LeadersUp  offers multiple services: identifying barriers to youth employment across the supply chain, designing employer-led interventions (training, on-the-job mentoring, and organization redesign to create career pathways for opportunity youth), and measuring the return on investment of youth hiring activities.

Crises in a Developing Organization
by Gordon L. LippittWarren H. Schmidt
Harvard Business Review, NOVEMBER 1967
https://hbr.org/1967/11/crises-in-a-developing-organization

Life Cycle Models of the Organization

The Greiner Model - Larry E. Greiner

Cameron and Whetton Model

Ainsworth - Land Model

Noel Tichy's Model

Source: Designing Effective Organizations: Traditional and Transformational Views
David K. Banner, T. Elaine Gagné
SAGE, 1995 - Business & Economics - 480 pages

This book on organization theory adopts a distinctive stance. In contrast to the traditional rational approach, it develops a transformational perspective which focuses on the organizational world as a projection of each organizational member's consciousness. While covering all the basic topics of organization theory, the author's approach reflects today's changing management paradigms.
https://books.google.co.in/books?id=RVjyaVvEGHoC

The Effective Organization: Forces and Forms

Magazine: Winter 1991 January 15, 1991
Henry Mintzberg
https://sloanreview.mit.edu/article/the-effective-organization-forces-and-forms/

This article builds a framework and proposes that the effective organization has to solve a jigsaw puzzle with LEGO pieces. The organizations experience forces and it has to redesign itself to survive and prosper under the action of these forces. It is a powerful framework by which to diagnose and deal with the problems organizations face according to the author..

First is the force for direction
Next is the force for efficiency,
Across from the force for efficiency is that for proficiency
Below efficiency is the force for concentration
At the bottom right is the force for innovation
Finally, two forces called catalytic: cooperation and competition.

Forms or Configurations

The entrepreneurial form - direction
The machine form - efficiency,
The professional form - proficiency
The adbocracy form -  concentration
The diversified form - innovation
Ideological and the political forms


Experience shows that the dominant force sometimes dominates to the point of undermining all the others. For example, the quest for efficiency in a machine organization can almost totally suppress the capacity for innovation, while in an adhocracy the need for some modicum of efficiency often gets suppressed. This phenomenon is termed contamination

Each configuration is capable of driving itself out of control. That is to say, each contains the seeds of its own destruction.

Truly effective organizations do not exist in pure form. What keeps a configuration effective is not only the dominance of a single force but also the constraining effects of other forces. This is termed containment.

Combination is a mixture of pureforms.

The authors said in a sample of 123 companies, in just over half the cases—sixty-six, the students felt that a single form fitted best. Twenty-five entrepreneurial, thirteen machine, eleven diversified, nine adhocracy, and eight professional organizations were observed. The rest were termed  combinations—seventeen different ones in all. Diversified machines were the most common (nine), followed by innovative professionals (eight), entrepreneurial professionals (six), and entrepreneurial machines (five).7

Top Management Challenges

This article is part of #AtoZChallenge 2017 for Blogging Posts. My Theme for the Challenge is Top Management Challenges - Full List of Articles  http://nraomtr.blogspot.com/2016/12/a-to-z-2017-blogging-challenge-top.html

To Know More About A to Z Blogging Challenge

http://www.a-to-zchallenge.com/

Blog posts visited

https://edb214.blogspot.in/2017/04/y-is-for-yamaguchi-yugoslavia-yankovic.html


Updated on 18 September 2019, 29 April 2017

Narayana Rao K.V.S.S.- Blogger Profile - Bioknol - Knol 1 by NRAO

Narayana Rao K.V.S.S.

Blogging With Passion to Share Knowledge Acquired With Facilities of the Society with the Society.

Now offering 
Industrial Engineering ONLINE Course

NRao Blogs 
http://nraomtr.blogspot.com
Visited by Million+ Users during 2007 to 2020
http://nraoiekc.blogspot.com
Visited by 100,000+ industrial engineers during 2007 to 2020
  

Top 100 Industrial Engineering Online Articles. Top articles of  Industrial Engineering Knowledge Center  http://nraoiekc.blogspot.com

https://nraoiekc.blogspot.com/2019/05/top-100-industrial-engineering-online.html

My Blog Directory

Handbook of Management of Security Market Intermediaries

Handbook of Industrial Engineering

Handbook of Security Analysis and Portfolio Management

Handbook Mergers and Acquisitions

Handbook of Research Methodology

Knol Platform Related Information

Bioknol

Presently Global Number One Individual English Knol Author. Global Number Two Individual Knol Author My portfolio has more than 2.7 million page view (14.4.2011) My knol portfolio reached one million page views on (15.4.2010) in Knol Statistics I am a faculty member in National Institute of Industrial Engineering (NITIE). My post-graduation is in industrial engineering. My doctoral research thesis is in the area of capital markets. I am happy to share things that I collect for my learning, teaching and research through online platforms like knol and blogs.

Authors

• Narayana Rao

Published

Creative Commons Attribution 3.0 License

Version 101

Last edited: 26 Nov 2011

Exported: 26 Nov 2011

Original URL: http://knol.google.com/k/-/-/2utb2lsm2k7a/1

 Knol Author Foundation Congratulates Professor Rao for Achieving 100,000 Page Views a Month through a Press release

http://www.einpresswire.com/article/557176-knol-author-foundation-congratulates-professor-rao-for-achieving-100-000-page-views-a-month-

Global Number One Individual English Knol Author

(From 3.11.2009)

Highest page views per day: 4122 page views

Highest visitors per day: 3262

Highest unique visitors 3031

(All on 14.11.2011)

Knol Page Views and Visitors - Historical Record - K.V.S.S. Narayana Rao

Member of Knol Author Foundation 

 

Knolling With Passion to Share Knowledge Acquired With Facilities of the Society with the Society.

Shifting the attention to Blogger platform to make Knol live there also further

(NRao Blogs http://nraoblogs.blogspot.com/  )

http://nraoblogs.blogspot.com/2011/11/management-theory-review-blog-updated.html

I am a faculty member in National Institute of Industrial Engineering (NITIE).

I did post graduation in industrial engineering and did the doctoral research work in capital markets.

"It is the writer who might catch the imagination of young people and plant seed that will flower and come to fruition." - Issac Assimov.

_______________________________________________________________

Moving Some Knols to Blogs

Most of the knols will move to Annotum-Word Press site/blog.

Started new blogs. Posting some of the knols related to them there to provide a more focused content to visitors.

Book Information, Reviews and Summaries

http://nraobir.blogspot.com/

Nrao - Blogs
http://nraoblogs.blogspot.com/

Management Theory Review

http://nraomtr.blogspot.com/

Industrial Engineering Review

http://nraoier.blogspot.com/

History and Importance of the Day

http://nraohod.blogspot.com/

________________________________________________________________________________________

My Subject Interests

My present teaching interests are:

• Introduction to Industrial Engineering ( Introduction to Industrial Engineering - Course at NITIE )
• Investment Analysis and Portfolio Management (Handbook of Security Analysis and Portfolio Management), 
• Mergers and Acquisitions (Handbook Mergers and Acquisitions), 
• Investment Banking (KVSSNRAO's Handbook of Investment Banking) and 
• Management of Security Market Intermediaries(Handbook of Management of Security Market Intermediaries).

Knols to support my teaching

Equity Research Course at NITIE, Mumbai

Introduction to Industrial Engineering - Course at NITIE

Investment Banking Course at NITIE, Mumbai

 Narayana Rao K.V.S.S. - Knol Home Page (Contains a directory of my knols)

Knols Posted: 5000 (24.7.2011)
Page views: 3055 per day (peak), 2575 (average)

My TOP 800 Knols

___________________________________________________________________________________________

Top Knols by Page Views of Narayana Rao K.V.S.S.

50 knols with more than 6000 page views

700 knols with more than 1000 page views

800 knols with more than 800 page views                                                                 

Narayana Rao - Knol Page Views data from Google Analytics

Monthly page views crossed 100,000

12.7.2011
One million cumulative page views crossed in Google Analytics stats.

29.6.2011
Monthly visitors: 52,138 Historical record 
Monthly Page views 74,660 Historical record


Knol Page Views and Visitors - Historical Record - K.V.S.S. Narayana Rao

Narayana Rao - Internet - Online  Articles Page Views data from Google Adsense

14.4.2011
I am going to register 2 million page views in adsense count by end of this month for my online articles in my blogs and on Knol.

Two Million Page View Online Article Author - April 2011

Knol Counter Information

Weekly Page View Record: 69,556  - 23.4.2011 (Global Number One for the week)
Cumulative Page views: 2,793,950

___________________________________________________________________________________________

• Popular Knols 1  (5000 page views and more)
  Popular Knols 2  (3000 page views to 5000)
  Popular Knols 3  (1000 page views to 3000)
  Interesting Knols (500 page views to 1000)
  Rec. Rev. Knols  (Up to 500 page views)
  Recently Posted/Created Knols - New Knols - Narayana Rao

Knol Books

List of Knol Books by Narayana Rao K.V.S.S.
List-2 of Knol Books by Narayana Rao K.V.S.S.

Recently Posted Knol Book Chapters

___________________________________________________________________________________________

New Ideas

Knol Books

Goal of Knol: Knol Authors 100,000 - Knols 1 million - Top 100 Website
Goal of Knol - Year July 2010 - July 2011

Country Knol Day

India Knol Day

India Knol Directory

Request knol authors to announce knol day of their country. Already prepared sub-directories of knols for some countries. Initiated sub-directories for more countries to help in promoting knols related to the country through knol day events and promotion.

Knol Sub-Directory - Argentina
Knol Sub-Directory - Brazil - Interesting Knols
Knol Sub-Directory - Paraguay
Knol Sub-Directory - Venezuela

Knol Days of Subjects

Knol Day of Industrial Engineering
It is a successful event. Requesting knol authors to announce knol day of their subjects.

Great Content, Ideas and Thoughts on Knol
Interesting New Knols
Trending Knols
Knol Author News - July 2010
Potential 100,000 Page View Knol Authors

_______________________________________________________________________________________

Knol Directory - Main Categories

Arts, Business, Countries, Democracy, Education, Engineering, Food, Hotels and Restaurants

Games, Health, Industry, Information Technology, Knol, Management, Machines,

Office and Factory, Political/Social/Economic Issues, Police/Military

Recreation, Religion and Philosophy, Science - Natural, Science-social,

Special Situations, Travel, Wise Persons

________________________________________________________________________________________

Knol Directory of Interesting Knols

Knol Author Directory

 

Knol platform has to support world days by announcing the world days sufficiently in advance and encouraging knol authors to write about various dimensions related to the issue.

World Days or International Days to Highlight Challenges

My Comment on 

http://knol.google.com/k/knol-help/general-feedback-about-the-knol-site/si57lahl1w25/204#

Encouraging publication of unpublished Ph.d Thesis

 Knol Author Recruitment - Double the Number of Knol Authors

A public online publishing platform like knol requires large number of authors who write on diverse areas and topics. Existing authors have to participate in encouraging their intellectual neighbors to write for knol. If each author can recruit one author before 30th June 2009, the author base can double.

My  knols - lists

Popular Knols - Narayana Rao K.V.S.S. - List 1 (5000 page views and more)

Popular Knols - Narayana Rao K.V.S.S. - List 2 (3000 page views and more)
Popular Knols - Narayana Rao K.V.S.S. - List 3   (1000 page views and more)
Interesting Knols  (500 page views and more)
Rec. Rev. Knols 

My Knol Projects

1. Management Knowledge Revision Knols

2. Industrial Engineering - An Important Human Engineering Discipline

I write on Industrial Engineering . My post graduation is in Industrial engineering.

I strongly believe that industrial engineering is a very useful discipline contributing to the improvement in productivity of each and every person and thus to his material well-being, comfort, safety and health. Industrial engineering is to be treated as one of the functional areas of management like marketing or finance. Like finance, whose activities spread into each and every department of an organization, industrial engineering also has application in the proceses and systems used in every function and engineers the work of persons employed in every department. Industrial engineering has enterprisewide responsibility.

According to me industrial engineering has two core areas:

1. Human Effort Engineering 

2. Systems Efficiency Engineering 

Industrial engineers aspire to be systems engineers and they have reason to aspire for it as they already have specific roles in systems design and operation and they can take up leadership of systems design process. Hence industrial engineering programs have to teach systems engineering and emphasize the management dimension of systems design. According to me the management component of industrial engineering course must concentrate on management of industrial engineering department and function, systems design management and management of objectives of industrial engineering like productivity, operator comfort, safety, health and income, and operator related quality etc.

I collected my knols in the area of industrial engineering in the knol:

Industrial Engineering - Knols of Narayana Rao K V S S

3. Investment Management

My doctoral work is on return on equity shares. My present teaching interests are in the areas Security analysis, mergers and acquisitions,  Issue of securities (Investment banking) and Management of securities market intermediaries.

Due to various reasons (Professional necessity) and interest, I studied and taught number of subjects in Natural Sciences,  Social Sciences, Engineering, Industrial Engineering, and Management and I plan to write about some of the issues in these subjects over a period of time. 

I write on many subjects from Accounting to Zoology, Both accounting and zoology are important subjects for industrial engineers. While,  I am writing on many subjects, my special expertise at post-doctoral level  is in long term investment methods and strategies. In rest of the subjects, I have academic qualifications as I took number of these subjects in my undergraduate, post graduate and doctoral courses.  I write revision articles in these subjects based on some standard text books. These articles are useful to me for  revising and updating my knowledge base and I believe, there are also useful to many for their revising and updating the knowledge in these subjects. Every knowledge worker needs to revise and update his knowledge. I hope my knols facilitate this activity to some extent.

My first knol was on Focus of Industrial Engineering. My contention is that focus of Industrial Engineering is efficiency - human efficiency and system efficiency. Functional design of systems is the job of other specialists and industrial engineers make the systems efficient both at the design stage as well as later as the system is in operation. The role of industrial engineers in systems design can be that way two fold - system efficiency design  and coordinating the system design process.

Current status of my Knol Projects  

 

28.3.2010

Posted 4000 knols.

Posted 150 knol books. For these knol books around 1500 chapters are to be created.

(17th October 2010)

I posted more than 2960 knols so far.

The main theme of my knol portfolio is revision articles. 

My aim is to provide revision or review articles for graduates of industrial engineering and management so that they can refresh their knowledge periodically. My effort of writing articles in all the subjects of the curriculum is to demonstrate that by appropriate committed effort, we can retain our learning of multiple subjects over a long period of time.

Only when we retain a large number of principles and recollect them, we take decisions properly when the occasion comes. According to me we are all incurring a huge amount of cost of ignorance.

My advocacy is that knowledge workers have to make special efforts to retain, revise, refresh and update their knowledge.

I also made a directory of interesting knols and there are around 250 sub-directories supporting the main directory.

 

Security Analysis

 India - BSE Sensex Companies - Information and Equity Research

http://knol.google.com/k/narayana-rao-kvss/-/2utb2lsm2k7a/611

(This knol and related knols will provide information and equity research developed by my students in the subject as class assignments of their course(Jan-March 2009). This dissemination plan is as per my paper  "Independent Equity Research from Business Schools: A Possibility" published in AIMS International Journal on Management www.aims-international.org/AIJM/2-2-5.pdf).

Page Views of my Knol Portfolio

Knol Page Views and Visitors - Historical Record - K.V.S.S. Narayana Rao 

Highest page views per day: 3055 page views on 14.6.2011

(As per Google analytics data)

13.7.2011: 3602 knols, Collections 1267, Total: 4869
1.7.2011 Knols: 3516, Collections: 1227 Total: 4743, Monthly visitors 74,820

17.10.2010:  Number of knols posted 2960. Global author rank in page views: 4, Rank in number of articles posted 1 (Monthly visitors number crossed 36,000 and page view number crossed 51,000 in Google Analytics stats)

Page views on 9.6.2010: 1,151,848, Number of knols posted 2385. Global author rank in page views: 4, Rank in number of articles posted 1.

Page views on 15.4.2010: 1,001,112, Number of knols posted 2250. Global author rank in page views: 4, Rank in number of articles posted 1.

Page views on 26.1.2010: 7,20,000, weekly page views: 23,000, Number of knols posted 2002, Author rank in page views: 3, Rank in number of article 1.

Page views on 1.1.2010: 663,174; Global  Author rank in number of page views: 3, Rank in number of article 1.

Global Number One Individual English Knol Author

Page views on 3.9.2009: 2,90,996; Author rank in number of page view: 4, Rank in number of article 1.

Page Views on 13.8.2009: 2,51,483; Present author rank in number of page views: 5; Rank in number of articles 1.

Page views on 31.7.2009: 2,30,443; Present rank in number of page views: 6; Rank in number of articles: 1

Page views on 19.6.2009: 1,54,529

My page views were 68,802 on 26th February 2009

(http://knol.google.com/k/will-johnson/list-of-top-viewed-authors-on-knol/4hmquk6fx4gu/111?domain=knol.google.com&locale=en&version=30#)

 

Invitation to Visitors to get Involved

I look forward to contribution from the readers of my knols to improve them as required. Let us all utilize the wiki technology to create materials useful to us and our fellow professionals all over the world. I am intentionally creating number of open collaboration knols and moderated collaboration knols  to prompt visitors to get involved.

My Knol Directory

I am preparing a directory of my knols with subject classification to facilitate access.

The main subject directory is: 
http://knol.google.com/k/narayana-rao-kvss/article-series-directory-management/2utb2lsm2k7a/120

  

To further objective of research to practice dialogue, I started the pattern of giving relevant research papers yearwise in management concept knols. I request researchers and research scholars to add to the research papers and enrich the bibliography.

Management Concept Knol Directory aa-az

Updated on 19 June 2020,  11 April 2020
3 May 2019

Comments

Compliments

I would like to take the opportunity of congratulating you on your brilliant result!

Sergio
Sergio Casiraghi - 23 Nov 2011

Google should donate Knol to blogger and make it Wikiblogger. Otherwise allow migration to Blogger also without collaborative writing.

But word press-annotum is good for collaborative writing.
Narayana Rao - 23 Nov 2011

Thank you for the encouragement and appreciation.
Narayana Rao - 14 Oct 2011

Thanks!

Thanks for your comments. I will certainly let you know when I complete new Knols. I have a series of knols planned.

Thanks,

Trent
Trent Tormoehlen - 28 Sep 2011

Congratulations!!!

Respected Sir,
First of all I'd like to thank you, because of you Today we have won AIMS 2010 INNOVATIVE PEDAGOGY award for KNOLs.
Congratulations to you sir, for the kind of efforts you have put in to achieve this and as a result of that the kind of reward our college have got. Congratulations once again.
Mahesh Hase - 30 Aug 2010

Friendship Day Greetings from a Fellow Knol Author and KAF member

E-Knol Greetings
http://knol.google.com/k/narayana-rao-k-v-s-s/-/2utb2lsm2k7a/2786#


Support India Knol Month Campaign
http://knol.google.com/k/narayana-rao-k-v-s-s/india-knol-month-16th-july-to-15th/2utb2lsm2k7a/2717#


About Friendship Day
http://knol.google.com/k/friendship-day-first-sunday-of-august-2-august-2009#


Knol Author Foundation - English Language Author Chapter
http://knol.google.com/k/english-knol-author-foundation#

Help Knol Author Community to grow
Narayana Rao - 01 Aug 2010

Hi Narayana

Could you explain me, why a subdirectory for Venezuela.? What is the directory?
Artur Landerzon Barrera Garcia - 21 Jul 2010

Hi Mr. Rao

I am Emma from Coreventus Malaysia. My company is a business intelligence provider, where we provide conferences and training. In July 2010, we will organize a conference on Cost Reduction in Manufacturing. One of the key areas of the conference is on the execution of systems such as TPM, Lean Manufacturing and etc to help reduce cost and maximize productivity. If you are interested, do you mind sending me your e-mail address and contact number, so that i can send your the conference draft and my company profile. Your co-operation is highly appreciated. TQ
Anonymous - 06 May 2010

Thank you for the information.

About Hindi

Dear Narayan Rao ji

as I was going through the Hindi works you suggested, I wanted to point out a few things

1. Most of the Hindi articles there use a very defective Hindi. Some of them simply look like machine translations. Something should urgently be done for that.

2. I have a group of 450 people who will be collaborating with me in Hindi writing on Knol which will be launched this month. The 450 are in a google group which is promoted by http://www.Sarathi.info

सस्नेह -- शास्त्री

हिन्दी ही हिन्दुस्तान को एक सूत्र में पिरो सकती है
http://www.IndianCoins.Org
Shastri JC Philip - 17 Feb 2010

Dear Doctor

What you had written is right. Same thing is happening in English articles written by persons from various countries where English is not the main language.

In official language workshop they are encouraging people to write in Hindi without worrying too much about the correctness. That is to encourage people to start.

I think practically many of these knols will go to dustbin as they will not get many page views.

I am very happy to know that 450 people will be coming onto knol. We need more and more knol authors to make knol viable and this is a very big number. I congratulate you on the achievement.

With best regards
Narayana Rao - 17 Feb 2010

Thanks Narayan Rao ji

for your kind comments. My desire is to get into Hindi in a big way, and have been building up a list of people who wish to write.

I hope to launch it all soon!

with greetings

सस्नेह -- शास्त्री

हिन्दी ही हिन्दुस्तान को एक सूत्र में पिरो सकती है
http://www.IndianCoins.Org
Shastri JC Philip - 17 Feb 2010

Knol-Authors

Please join my group at <a href = "http://groups.google.com/group/knol-authors">Knol-Authors</a>

http://groups.google.com/group/knol-authors

Where banning of Knolians is not allowed.
Will Johnson - 16 Feb 2010

Yes I will. One more attempt at organizing and exciting knol authors is always welcome.
Narayana Rao - 16 Feb 2010

Invitation

Good Morning,

It appears we understand the vital need for wisdom in our current civilization.
http://knol.google.com/k/douglas-mckee/the-messenger-s-list/3q0xdomx5udy4/1#

I have been studying thinking as a set data processing processes for a while now and believe that perspective may yield some very useful tools and techniques to help others implement the use of wisdom in their lives.
The human brain is indeed an incredible organ but its rightful place is as our slave, not our master.

We each have a unique data set of information, experiences, and emotions. It is HOW we use our data that decides everything in our lives.
From the perspective of data handling, we need new definitions to expand and explain old concepts in ways that are understandable and applicable.

http://knol.google.com/k/douglas-mckee/the-general-theory-of-personality/3q0xdomx5udy4/4#

These examples are provided to offer my only available credentials.

I just published a 'knol," titled "Getting Wisdom"
My agenda is to open it to those who recognize the nature and value inherent is gaining and using Wisdom as an additional place to place links and discuss those articles and the processes in gaining and applying wisdom.
Hopefully it will attract those who not only have studied the wise but also are motivated to help others seeking wisdom.

If you are interested, the knol address is:
http://knol.google.com/k/douglas-mckee/getting-wisdom/3q0xdomx5udy4/10#

Sincere Thanks,
Douglas McKee
Douglas McKee - 16 Jan 2010

Hi Narayana Rao

You are part of the "Best of the Knol - Jury"

A decision is waiting.
Please write a comment, then I will make your to an author of this site:

http://knol.google.com/k/andreas-kemper/best-knol-of-the-month-jury/8bgikaqot3ts/399?pli=1#view

Best
Andreas
Andreas Kemper - 04 Nov 2009

Message from Bill Gaw

Mr. Rao,

Some of your writings are appearing on my Knol. Please visit my Knol (Bill Gaw) and your comments would be appreciated.

Bill Gaw
Bill Gaw - 10 Oct 2009

Mr. Bill Gaw

Thank you for the information and invitation.
Narayana Rao - 10 Oct 2009

Hello Narayana Rao

Excuse me, I do not know how to invite you to review this Knole

http://knol.google.com/k/artur-landerzon-barrera-garcia/foreign-policy-and-freedom-houses/ahpk7a5l7a4r/28#

Please give me your opinion about the Knole.

My best wishes to you.
Artur Landerzon Barrera Garcia - 18 Jul 2009

Hello Narayana Rao KVSS

I miss your nominatings and votings for the Knol of the Month

http://knol.google.com/k/andreas-kemper/best-knol-of-the-month/8bgikaqot3ts/46#view

Best
Andreas
Andreas Kemper - 24 Jun 2009

Dear Andreas Kemper

Thank you for your nice words.

I must have some interesting knol to nominate. Next month I shall as I have written two knols on interesting themes this month.

Now I also feel knol platform has good performance in the last one year and hence it will prosper in the next year.
Narayana Rao - 24 Jun 2009

Hello professor

Thank you very much for asking about my studies, indeed they are going well, I am writing a lot of papers and I will adapt them for knol in summer, when I have more time. In the meantime, I check the bulletin board and see the new improvements of Knol regularly so I try to be updated!

Best regards, I admire your work
Jesús Martín Calvo - 06 Apr 2009

100.000 Page views

Prof. Rao,

Please accept my congratulations for reaching this milestone in advance and in winning the silver medal in Best knol of the month contest for Stock Market Poems. Your publishing of student course work was a historic first as many of your other suggestions in taking new directions and improvements.
Krishan Maggon - 02 Apr 2009

Thank you for the nice words.

Stock market poems happened by an accident. Dr. Subhash Sharma read two of his poems and gave his book of poems in a conference. That immediately prompted me to write something. And as fellow knol authors said they were good, I could approach my colleagues in the institute to go through them. Because they liked them, comments followed and also controversy followed.


I hope the best knol competition attracts more knol authors to nominate their knols and thereby increase the list of good knols. I request you to nominate one of your recent knols for the competition. You many nominate others knols. But each author must have at least one self knol to nominate every month if he is active. The competition must bring out a big list of knols which authors themselves feel are worthy of special attention.

I am waiting for reactions from one or two more knol authors on research conference proposal.
Narayana Rao - 02 Apr 2009

Top Viewed Authors

http://knol.google.com/k/will-johnson/top-viewed-authors/4hmquk6fx4gu/111

Congratulations on your promotion to Number 14
Will Johnson - 17 Mar 2009

Thank you

Your monitoring is useful. But I think many good authors are yet to start writing on the platform. Once they enter the rankings may change entirely. Also some authors may learn what works on knol and increase their output accordingly.

The other interesting measure could the page views per week of top 100 authors at the present. This number can be changed to 200 authors, etc. etc in future. The increase in popularity of Knol will be indicated by such a measure.
Narayana Rao - 17 Mar 2009

Top Viewed Authors

Congratulations on your promotion to Number 20

http://knol.google.com/k/will-johnson/top-viewed-authors/4hmquk6fx4gu/111
Will Johnson - 12 Mar 2009

Thank you

Dear Professor Narayana Rao,

thank you for inviting me to your California project. This is about to prompt me to create a "California in poetry" knol (or rather a series of knols). When it's somewhat developed, you may consider it for inclusion in your (our?) California list of knols.

Best regards,
Wlod
Włodzimierz Holsztyński - 09 Mar 2009

1000th knol : Best Knol for March 2009 Prof Rao 1000th knol

Prof.

Is there a direct link to your 1000 knol?

FYI

Best Knol for March 2009 Prof Rao 1000th knol (a direct link is required)

Andreas,

Thanks for the information and nominating our knols as winners.

I suggest that the knol community join me in congratulating Prof Rao in reaching a significant step and milestone by becoming the first author to write over 1000 knols. I wish to nominate his 1000th knol as the best knol of the month March 2009 (to be selected by Prof Rao). This is good for the entire knol community.

Krishan
Krishan Maggon - 01 Mar 2009

The Collaborative Book Project

Dear Professor Narayana,
Could you please send us your email?
iMedPub
info@imedpub.com
Manuel Menendez - 07 Feb 2009

Dear professor

I would like to be a very active member at the bulletin board, but these weeks I have my almost-final exams on Law and Economy so I have very few time to write and think about it, I hope you understand and wish me success, in a few time I will become a very active member giving my sights and ideas.
Thank you
Best regards
Jesús
Jesús Martín Calvo - 31 Jan 2009

Professor Narayana Rao K.V.S.S.

Dear Professor Narayana Rao K.V.S.S.
I respectfully think that it is time for you to re-assess the direction that you are taking with your contribution to the Knol project. It is obvious from your hundreds of Knols that you are an avid supporter of the project but unfortunately the majority of these posts don't conform with the Knol project's 'Best writing practice' standard.
http://knol.google.com/k/knol-help/best-practices-writing-good-knols/uPUoECxfx/sd8yvy#

Because of this you have not been recognized in the Knol Author's Top 800 award. Other members of the Knol Author's foundation have been recognized - The Judge (19th best author position), Kalle (227), Andreas (255), Jesus (392) and Sajid (678) but your work has not been acknowledged.

As a key leader in the Knol Author Foundation, I believe it is incumbent upon you to set the example for all Knol authors and so I would think it better for both you and the project, that you refocus your extensive energy on making your existing Knols better, rather than continue to post work that does not meet the Knol 'Best Practice' standard. Professor, I think that now is the time for all us foundation authors, to refocus on quality - not just quantity.

Peter Baskerville - 27 Jan 2009

I understand fully that to-date your focus has been more on setting up the structure or skeleton for future work (which is great), but I believe that the Knol project now needs those structures filled with quality content and formatted in a way that makes for a great user experience. Thank you for being so understanding of my advice.
Peter Baskerville - 27 Jan 2009

Dear Baskerville

I thank you for the comment. Yesterday only I read your knol on writing knols in the top 10 ranks. I have set up a specific direction for my knol project. Management knowledge revision. I want to develop a community of authors who get involved in this effort from my contacts around me. It will take some time as it is a new activity. I also added two more themes as my knol projects. Branches of knowledge and Management Concepts directory. Once again the scope is vast and work progresses at a slow rate and it has to be done in stages.

But the information you gave is very important piece that I have to halt and reflect upon my enthusiasm.

Thank you once again
With best regards
Narayana Rao - 27 Jan 2009

Thanks for the invitation, Narayana

I'll post some thoughts today and it's a pleasure to make your acquaintance.

Simon Harris
Simon Harris - 29 Dec 2008

Lets spread your immense expertise to the mind sciences. Lets expand the insights of engineering to the life sciences.

Dear Prof. Rao:
The breath and vision of your knols is amazing. The most creative and cutting edge science today is engineering. Look at biology, look at chemistry, look at medicine their top catergory is now bio-engineering,
chemical engineering, the latest madical devices are all marvels of cutting edge engineering. Why not expand your field of Management Theory and Practise to my field of emotional intelligence education and maybe explore all other fields where your expertise can transfer the benifits of your insights?
Here I am talking about wisdom in different ways and you saying so beautifully engineering is efficiency - human efficiency! You gave me the idea that wisdom can also be defined as a tool for mastering human efficiency. I thought of writing a knol on wisdom as human efficiency. But I think that this honor belongs to you. Please consider writing a knol on 'Wisdom as Human Efficiency.' Lets start some new fields. Lets start using insights in engineering management and apply them to the mind sciences. Lets upgrade all the mind sciences to engineering sciences(alot of this has already been done).
Kind regards
Sajid Khan

Sajid Khan - 05 Nov 2008

Good afternoon from Holland

Thank you for your intrest and motivation. Please write a comment on Knol Debates.

Karin Kruijff

Karin Kruijff - 20 Oct 2008

Thank you Ms. Karin Kruijff.

You message made me think. I posted a suggestion.

I suggested that the debate should ask authors to write knols on the issue and the debate page must have a provision to show the link to such knols written in response to the opening knol of the debate.

There should be a moderator who goes through the comments and knols written on the debate topic and writes a summary knol. Such a summary knol could be forwarded to concerned decision makers as well as press for appropriate coverage. I think the knol community will get excited with such a format. I already went and made request to my colleague who is a faculty in environment management to write a comment on subsidies to alternative energy projects.

Thank you once again for providing a direction to my thinking. I came out with the idea of mailstorming. Now we have to say knolstorming. One knol leads to another knol that embodies the knowledge gained by the author so far but was consolidated into a knol because of another knol that triggers the thought or points out the need for such a knol.
Narayana Rao - 20 Oct 2008

Ther is nothing fuzzy about educating the brain to the level where it sprouts wisdom.

Dear Prof. Rao:
You have a very well grounded and well deserved knack for presenting
relevant, timely and complex ideas in a simple and easy to understand
format. I would like you to consider my original ideas on emotional
intelligence and wisdom and try to integrate them
in your university curriculum. Please share my work in your circle.

Also if you need anything from New York please let me know.

Kind regards

Sajid Khan


Please review my latest knol:

The benefits of knowing that wisdom is a fragrance of the mind.
Knowing what wisdom is, we can take the right steps to create wisdom
minds enmasse.
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By
Sajid Khan
The 4th R foundation, surfmasterclub.com,The Wisdom Express,
Shypower, Brain Power Club
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Since ancient times man has been intrigued by wisdom. The ancients
knew the importance of wisdom. However in spite of all the research
they could not figure out wisdom. So they tried to teach wisdom by
teaching it attributes. Even to this day we define wisdom more or
less as the ancients defined wisdom. As a result the current wisdom
education is just as it has always been, a very long process that has
mixed results. Since over a 1000 years wisdom was considered too
complex to be taken up as a complete subject on its own. In the
current era Dr. Vivian Clayton took up the research of wisdom but
even she gave it up after many years of serious research because she
found that wisdom was too fuzzy to understand.
She made the same mistake that every one else makes. When it comes to
wisdom research we stand on the shoulders of Aristotle to look for
further clues to understanding wisdom. Well in the case of wisdom
Aristotle's shoulder should have long been abandoned. Wisdom is like
the ro...*
Alternative titles
Contents


"The brain is a real physical entity. There is nothing fuzzy about
the brain. The brain can be developed into a healthy physical and
emotional entity. It can be developed to the level where it will
generate wisdom."

The way main stream education understands wisdom today has a big
effect on how wisdom education is pursued.
As we don't know exactly what wisdom is we try to understand wisdom
through its attributes. And we teach wisdom's attribute like love,
respect, honesty, grace more or less by showing the benefits of these
qualities and by persuading the student to realize that acquiring the
attributes of wisdom is good for the student. Thus we teach each
quality one at a time and mainly through persuasion. However when the
brain is at a lower level the very being of the person is composed of
ignorance generated qualities. The very essence of the person is
composed of -2, -1 and +1 attributes.

Suppose a person is fundamentally -1 and you persuade him to become
good what you are actually doing is telling him to behave in a +2
manner, the best he can do is pretend and act +2. Pretending to be +2
and being +2 are two different qualities. Thus he does not change
from the inside he just takes on the role of a +2. He struggles with
his inside being -1 and just pretends in society of being +2. Thus
his wisdom education is never authentic. All he learns is a mask of
wisdom behavior that covers his real -1 being. No wonder there is no
enthusiasm in universities to teach wisdom education as current
wisdom education falls far short of making the student wise.

Wisdom is a quality that sprouts automatically when the brain becomes
emotionally super mature. At the premature level the brain sprouts
ignorance. At the immature level it is a mixture of mostly ignorance
along with some wisdom. At the mature level it is a mixture of
ignorance and mostly wisdom. At the super mature mind level it is
wisdom. Thus real wisdom education means educating the brain to
become +2. Which is attainable by deprogramming the brain of the
root causes of ignorance. Taking out -2 ignorance elevates the brain
to -1 ignorance. Taking out -1 ignorance elevates the brain to +1.
Taking out the trophy self image of +1 results in the brain becoming
+2.

Just as you cannot teach wisdom by teaching wisdom you cannot take
out ignorance by trying to take out ignorance.Taking out ignorance
which is a fragrance is possible only by removing the reasons why
this ignorance is generated in the brain in the first place. Thus you
have to remove all the buried memories of the negative upbringing
episodes that are still running in the unconscious brain. Each
negative incident has to be relived and experienced again in the
light/context of the persons current life. Thus wisdom education is
more of a therapy than a regular education.

*Wisdom is like the root of the tree and its attributes are the
branches.. We try to cultivate the branches without cultivating the
root. Non main stream institutions have been trying to teach wisdom
with mixed results. Main stream institutions see these mixed results
and get discouraged to start wisdom education of their own. Also they
don't dare teach any topic that they cannot define within scientific
terms. Well I am now defining wisdom as the fragrance of the fully
developed emotionally intelligent (+2) super mature brain/mind. I
have found that the attributes of wisdom are generated automatically
by a fully developed emotional intelligent brain. Just as a premature
-2 brain will automatically generate ignorance a fully educated brain
will generate wisdom.

The brain is a real physical entity. There is nothing fuzzy about the
brain.. The brain can be developed into a healthy physical and
emotional entity. It can be developed to the level where it will
generate wisdom.

The kind of fruit a tree will bear will depend on how healthy its
roots are.. Whether the brain will sprout wisdom or ignorance depends
on the emotional educational level of the brain. So wisdom education
is developing lessons and exercises that will make the brain super
mature.


Sajid Khan - 26 Sep 2008