August 31, 2025

Theory of Constraints - Principle, Theory and Bundle of Practices in Productivity Management and Operations Management

The Purpose, Philosophy, Principles and Methods of Industrial Engineering.

#IndustrialEngineering   for   #SocietyProsperity  through #Productivity  #Improvement satisfying all constraints and limits. 

INTRODUCTION TO MODERN INDUSTRIAL ENGINEERING. 

460+ Downloads in the new academic year. 10000 downloads 2023-24 A.Y.

Free Download from:

https://academia.edu/103626052/INTRODUCTION_TO_MODERN_INDUSTRIAL_ENGINEERING_Version_3_0


Theory of Constraints is an important development in productivity management. It helps in planning productivity improvement projects on machines and operator on priority bases. It helps in budgeting of IE projects and studies. All productivity engineering outputs are to be used in TOC projects or improvements or injections.




My comments on a LinkedIn Post regarding TOC

Narayana Rao KVSS

Professor (Retired), NITIE - Now IIM Mumbai - Offering FREE IE ONLINE Course Notes


Productivity is the focus of TOC. If organizations are doing productivity management, TOC is an important principle and bundle of practices to be used. But it is dependent on all other productivity improvement methods like process chart analysis, operation analysis, productivity device design etc.

-----------

John Allan Loucks Thank you for the comment and question. The focus of the book "Goal" is on explaining what is productivity and how to increase it. I am developing an essay on TOC now and revising my earlier notes. May be I can present a better case of my statement after some time.


If productivity is to be improved, TOC provides a concrete focus. To improve a bottleneck facility or a process, you need to use all available productivity improvement methods. Goldratt did not argue against them. He highlighted that bottleneck facilities have to be improved first to derive the goal related benefit. If you improve other facilities or processes, no immediate benefit will accrue to the system.

 https://www.linkedin.com/posts/opexconsult_lean-activity-7236227018399346689-mRvZ

Has Industrial Engineering formally ignored Theory of Constraints Based Productivity Improvement?

https://www.linkedin.com/feed/update/urn:li:activity:7238549696183422976/

----------------


Theory of Constraints - Principle, Theory and Bundle of Practices in Productivity Management

Productivity Improvement and Productivity Management are not taking place effectively. So thought, Eliyahu Goldratt. He studied the issue and came out with a solution. The theory named, theory of constraints.

Goldratt actually helped a friend producing chicken coops to increase productivity.

He developed a computer package based on that solution name OPT. He explained the logic of OPT package through a novel - The Goal.


Important Points - Book - The Goal - A Process Ongoing Improvement - Eliyahu Goldratt. First Full Book on TOC.

https://nraomtr.blogspot.com/2024/09/summary-book-goal-process-ongoing.html


It's Not Luck - Goldratt - Summary - Lectures.

This is book is continuation of the book - Goal.

https://nraomtr.blogspot.com/2024/09/its-not-luck-goldratt-summary-lectures.html


Summary - Goldratt, E. M. - The Haystack Syndrome: Sifting Information Out of the Data Ocean.

How to find the constraint inside? How to find solution to the problem based on so much knowledge outside?

https://nraomtr.blogspot.com/2024/09/summary-goldratt-e-m-haystack-syndrome.html

Knowledge Management for Industrial Engineering.
Knowledge Management: A Basic Ingredient for #Productivity - Asian Productivity Organization.


Recent Case Study. Shared on LinkedIn on 13.9.2024

Alin Posteucฤƒ

Performance Improvement Consultant | Author of Strategic KAIZEN concept 

13.9.2024


๐Ÿš€ ๐”๐ง๐ฅ๐จ๐œ๐ค๐ข๐ง๐  ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐„๐ฑ๐œ๐ž๐ฅ๐ฅ๐ž๐ง๐œ๐ž: ๐๐ซ๐จ๐Ÿ๐ข๐ญ๐š๐›๐ฅ๐ž ๐’๐ฒ๐ง๐œ๐ก๐ซ๐จ๐ง๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐€๐ฌ๐ฌ๐ž๐ฆ๐›๐ฅ๐ฒ ๐‹๐ข๐ง๐ž ๐Ÿš€ 


Did you know that over ๐Ÿ“๐Ÿ“% of companies focusing on cost improvement fail to meet their goals?

 (๐‡๐š๐ซ๐ฏ๐š๐ซ๐ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐‘๐ž๐ฏ๐ข๐ž๐ฐ, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘). 

It’s crucial to adopt strategies that truly deliver results. 

Strategic KAIZEN methodology does this to achieve Takt Profit targets.


One standout Strategic Kaizen project, ๐๐ซ๐จ๐Ÿ๐ข๐ญ๐š๐›๐ฅ๐ฒ ๐’๐ฒ๐ง๐œ๐ก๐ซ๐จ๐ง๐ข๐ณ๐ข๐ง๐  ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐€๐ฌ๐ฌ๐ž๐ฆ๐›๐ฅ๐ฒ ๐‹๐ข๐ง๐ž, demonstrates how strategic productivity improvements can yield significant financial and operational gains.

https://www.linkedin.com/posts/alin-posteuca_strategic-kaizen-case-study-by-alin-posteuca-activity-7240410881363197953-YvHF



Summaries of Book Chapters on TOC


Constraint Management - Important Points - Summary - Krajewski - 12th Edition

https://nraomtr.blogspot.com/2019/09/constraint-management-important-points.html


Synchronous Manufacturing and Theory of Constraints - Review Notes - Chase Aquilano Jacobs Book Chapter

https://nraomtr.blogspot.com/2011/12/synchronous-manufacturing-and-theory-of.html




Books on Theory of Constraints


The World of the Theory of Constraints: A Review of the International Literature


Victoria J Mabin, Steven J Balderstone

CRC Press, 29 Nov 1999 - Technology & Engineering - 240 pages

The Theory of Constraints (TOC) - as developed by Dr. Eliyahu Goldratt - has seen a rapid expansion since the publication of his book, The Goal. As with most fast growing areas, you can quickly feel out of touch with new developments. The World of the Theory of Constraints provides a summary of recently published research on TOC.

The authors explored databases, and sought out papers and books drawing on as wide a range as possible. Aside from the works by Dr. Goldratt himself, the authors focus on items published since 1990, highlighting the most recent developments in TOC. The scope of the material covers works containing specific reference to TOC, including Synchronous Manufacturing and Constraint Management.

The book is organized into three sections. The first section contains an analysis and interpretation of the results of the search. The second provides abstracts on all the material. The third supplies author, keyword, and subject indexes along with a list of books, journals, websites, and publishers.

Extensively researched and referenced, The World of the Theory of Constraints furnishes comprehensive material on TOC. The multi-search approach has made this arguably the most exhaustive bibliography on this subject available. If you are researching TOC, this is the best place to start. If you use or teach TOC, you will want this resource.


Manufacturer's Guide to Implementing the Theory of Constraints


Mark Woeppel

Lulu.com, 3 Aug 2010 - Business & Economics - 174 pages

There are, today, many good books on the Theory of Constraints, or "TOC". These books, however, generally focus on explaining the details of TOC. But subject matter knowledge alone is not enough, if you want to actually use TOC in business. You must also have a valid roadmap for implementing it. This book provides it. Throughout the book, you have the concrete and actionable voice of a successful TOC consultant leading you to understand how to implement TOC in a manufacturing organization. The book also provides examples of various charts, forms and procedures that you can use as patterns for the materials you will need in your implementations.


Theory of Constraints: Creative Problem Solving

Umesh P. Nagarkatte, Nancy Oley

CRC Press, 27 Nov 2017 - Business & Economics - 314 pages


This book is on application of TOC in educational institutue. Especially in mathematics course - student retention.

This book was written to assist professionals and students to become proactive in their own education, improve thinking, resolve personal and interpersonal conflicts, improve pedagogy, manage departmental affairs and guide administrative decisions. The text captures the practical experience of the authors with and formal training in TOC to address many of the issues facing today’s education stakeholders.


The text is designed to teach methods for 1) "win-win" conflict resolution, 2) decision-making, 3) problem solving, and 4) analysis of systems using TOC’s powerful logic-based graphical Thinking Process tools. A creative thinker can identify, plan and achieve his or her goals just knowing the Thinking Process Tools.




Papers/Articles on Theory of Constraints






Lessons learnt from Eliyahu Goldratt the founder of the Theory Of Constraints and author of bestseller “The Goal”
Philip Marris

Theory Of Constraints and Lean expert. CEO of Marris Consulting based in Paris, France. Been “doing” TOC and Lean for +30 years in +350 organizations worldwide.


Sep 24, 2021


Baxendale, S. J. and P. S. Raju. 2004. Using ABC to enhance throughput accounting: A strategic perspective. Cost Management (January/February): 31-38.
Summary by Erin Lagor
Master of Accountancy Program
University of South Florida, Fall 2004








Interesting




Ud.  1.9.2025, 14.9.2024, 10.9.2024
Pub. 3.9.2024









August 26, 2025

Artificial Intelligence - AI Agents in Supply Chain Management - SCM

 

22.4.2025

How to transform global supply chain operations with agentic AI

Authors

Gaurav Malhotra

Supply Chain Technology Leader


Ayoub Abielmona

EY Global GenAI Supply Chain Leader


A powerful technology is set to revolutionize supply chains through autonomous execution and real-time adjustments.

https://www.ey.com/en_us/insights/supply-chain/revolutionizing-global-supply-chains-with-agentic-ai



26.8.2025

Gopala Krishna Vemparala

https://www.linkedin.com/in/vemparalagopalakrishna/


Supply Chain & Operations Leader| Delivering Cost Savings, Risk Mitigation & Process Excellence |Strategic Sourcing | Supply Chain Project Management | Warehouse & Logistics Management | 9+ Years of Impact | IIM MumbaiSupply Chain & Operations Leader| Delivering Cost Savings, Risk Mitigation & Process Excellence |Strategic Sourcing | Supply Chain Project Management | Warehouse & Logistics Management | 9+ Years of Impact | IIM Mumbai

26.8.2025

10 Real-World Agentic AI Use Cases in Procurement




Agentic AI is more than a buzzword—it’s where procurement can finally move from reactive to proactive. Instead of humans chasing data and tasks, AI agents take initiative, act autonomously, and collaborate with us.

Here are 10 practical ways we’ll see it in action:

 1️⃣ Supplier Discovery – Agents scan global databases and news sources to propose new suppliers that fit cost, risk, and ESG needs.

 2️⃣ Contract Drafting – AI agents pre-build contracts, highlight risky clauses, and suggest negotiation levers.

 3️⃣ Category Insights – Automated category managers that track markets, price indices, and trends—then brief you daily.

 4️⃣ Supplier Performance Monitoring – Continuous KPI tracking with instant escalation and suggested improvement actions.

 5️⃣ Risk Sensing – Agents detect geopolitical, financial, or supply risks early and propose alternate sourcing.

 6️⃣ Tail Spend Automation – AI buys routine items end-to-end within policy, freeing humans for strategic work.

 7️⃣ RFP Orchestration – Agents manage timelines, supplier Q&A, and scoring to cut cycle times dramatically.

 8️⃣ Savings Tracking – Autonomous validation of claimed savings against actuals in P2P systems.

 9️⃣ Compliance Guardian – Real-time policy monitoring, ensuring every PO, contract, and supplier action aligns with governance.

 ๐Ÿ”Ÿ ESG & Scope 3 Tracking – Agents collect, verify, and report sustainability data across the supplier base.

๐Ÿ‘‰ The real shift? Procurement leaders move from managing processes to managing outcomes—with AI agents as co-pilots.


https://www.linkedin.com/posts/vemparalagopalakrishna_10-real-world-agentic-ai-use-cases-in-activity-7365948650000216065-l9v5












August 24, 2025

Procter and Gamble - P&G - Productivity Strategy - Innovation Strategy


2021 Annaul Report


A Productivity Mindset

Productivity

Extending our levels of superiority, creating the financial flexibility to manage through increased external volatility, and an ongoing need to drive balanced top- and bottom-line growth requires productivity up and down the income statement and across the balance sheet.


We’re delivering significant cost and cash efficiency with many more opportunities ahead. We’re discovering lower-cost ways of working with fewer resources — today’s necessity giving rise to the productivity inventions of tomorrow. New digital tools are being brought to the forefront, providing another productivity driver — in our labs, in the office environment and on the factory floor.


Productivity is now as integral to our culture as innovation; it’s part of our DNA

For example, our Product Supply organization has successfully leveraged automation solutions to fuel productivity and accelerate our journey toward an End-to-End Synchronized Supply Network. Investments like this have enabled significant savings over the past 10 years, with more ahead.

In Brand Building, data & analytics and digital technology are reinventing how we work. We’ve already seen significant savings in agency fees and production costs, with further savings ahead.

These are just two examples. Over the last 10 years, we’ve fully embedded a productivity mindset into our operations and activity system. It is part of our DNA; now as integral to our culture as innovation. Productivity work never ends and will remain a significant part of our focus.





2025

As we look forward to fiscal 2025, we expect to deliver strong organic sales growth, EPS growth and free cash flow productivity – each in-line with our long-term growth algorithm. We remain committed to our integrated strategy – a focused product portfolio of daily use categories where performance drives brand choice, superiority (of product performance, packaging, brand communication, retail execution and consumer and customer value), productivity, constructive disruption and an agile and accountable organization – all aimed at delivering sustainable, balanced growth and value creation.”

JON MOELLER
P&G CHAIRMAN OF THE BOARD, PRESIDENT & CEO
 
Our strategy has enabled us to build and sustain strong momentum, and remains the right strategy to deliver balanced growth and value creation. The model is dynamic and sustainable. It adapts to the changing needs of consumers and society and is focused on growing markets – creating versus taking business – the most sustainable and most profitable way to grow.


Focused
PORTFOLIO
in 10 categories—daily use products where performance drives brand choice.

Extending our margin of competitive
SUPERIORITY
Product, package, brand communication, retail execution, and value.

We’re driving
PRODUCTIVITY
improvements in cost and cash to fund these investments and improve profitability.

We’re leading the
CONSTRUCTIVE DISRUPTION
across the value chain in our industry in order to meet challenges

More focused, agile, accountable
ORGANIZATION
operating at the speed of market.





6/4/2025

Innovation at Scale: How P&G Transforms Business Through Technology


At P&G, technology isn’t just a supporting function — it’s a strategic enabler for growth, innovation and consumer satisfaction. In a recent interview with Forbes, our Chief Information Officer, Seth Cohen, shared how P&G is leveraging cutting-edge technologies like AI, automation and data analytics to transform operations and deliver superior value to people worldwide. Technology use also emphasizes  our “maniacal focus on understanding the wants and needs of the consumer.”


By embedding the latest emerging technologies into every aspect of our business, we’re not only improving efficiency, but also creating new opportunities to further innovate at scale.

To continue growing our business and better serve our consumers and employees, we’re focusing on five key areas where technology is driving impact and advancing our operations:

Key Decision-Making
P&G's AI-driven insights have helped us better understand and anticipate your needs, reducing out-of-stock rates by 15% so products are available when and where you need them.

End-to-End Supply Chain Visibility
Tools like the Pampers Club, a consumer loyalty app, provide real-time insights that enhance our supply chain performance and ensure essential products are always within reach for families.

Upskilling Our Workforce
In partnership with Harvard Business School and Boston Consulting Group, we're helping employees learn how to use emerging technology. In fact, a recent study showed this is helping our employees come up with the most innovative solutions to some of your biggest challenges — from getting dishes clean to ensuring your clothes smell fresh.

AI as a Productivity Amplifier
Tools alone do not drive transformation. People do. AI is enhancing productivity — much like how spreadsheets revolutionized work decades ago, AI is becoming an indispensable tool for modern professionals.

Looking Ahead
Technology will be integral to the future of P&G. We’re continuing to explore the latest technologies, including reasoning models and agentic AI, which may ultimately further help automate workflow and optimize supply chains and operations on an unprecedented scale.

So how do we make this happen? By beginning with a review of our business goals and capabilities, we then outline what technology is needed to enable innovation across the organization. This ensures that we’re building an environment that is not solely focused on operational improvements, but on delivering better experiences to individuals all over the world and empowering our teams.



P&G Details Cost-Cutting Productivity Enhancements Across Supply Chain, R&D, and Marketing
Liz Dominguez
5/15/2024








Ud. 25.8.2025
Pub. 26.7.20256






August 23, 2025

Artificial Intelligence - AI Agents in Accounting and Financial Management Processes - F&A Processes


About AI Agents

Artificial Intelligence - AI Agents - Articles, Books, Case Studies - Bibliography

https://nraomtr.blogspot.com/2025/07/artificial-intelligence-ai-agents.html


Agents in Accounts and Finance Processes

Order-to-cash: Finance managers face challenges in order-to-cash processes due to time-consuming manual procedures, which can increase risks, cause delays, and hinder competitiveness. AI-powered agents can provide real-time, data-driven insights to enhance decision-making, reduce inefficiencies, and improve customer satisfaction. It streamlines finance operations by automating order validation, invoice reconciliation, and accounts receivable management.

Commercial credit sales intelligence for banking : This solution automates data extraction, customized client offerings, and rule-based decision-making, which transforms commercial banking credit sales by providing immediate, personalized support to credit underwriters. AI agents can provide comprehensive company analysis, conduct credit and financial assessments, automate compliance checks, and identify potential risks.



Good article


How to Build a Finance AI Agent : Step-by-Step Process
Finance AI Agent development

Creating an AI Agent for Financial Report Analysis

DataCamp
30K views  Streamed 4 months ago
Resources (including link to code along notebook): https://bit.ly/41cgavS



ICAI Collection of Use Cases

https://ai.icai.org/usecases.php

AI & CA Office Automation
AI AGENT FOR CA OFFICE AUTOMATION
Author: CA. Vishnu Acharya

Watch on Youtube



AI for Financial Advisory and Decision-Making
AI Agents + RAG + Custom LLM for Financial Research & Compliance Chatbot
Author: CA. Shubham Patel

Press Releases

Infosys BPM Unveils AI Agents


Infosys BPM Unveils AI Agents to Revolutionize Finance and Accounting Services
New Agentic AI-powered solution set to redefine accounts payable operations with significant efficiency gains, enhanced accuracy and improved user experience

Bengaluru, India – May 30, 2025

Infosys BPM, the business process management arm of Infosys (NSE, BSE, NYSE: INFY), today announced the launch of AI agents for invoice processing within its flagship Infosys Accounts Payable on Cloud solution. Powered by Infosys Topaz, the innovation redefines invoice processing by moving from a human-driven, AI-supported model to an autonomous AI-first approach, which ensures greater efficiency and accuracy.

Designed to operate autonomously, the solution leverages AI agents equipped with advanced decision-making capabilities to handle complex business scenarios with precision and speed. Autonomous AI-first approach enables end-to-end workflow management, allowing AI agents to handle dynamic processes, adapt to changing business logic, and perform intricate tasks with minimal human oversight. The new Agentic AI-powered Accounts Payable on Cloud solution aims to boost operational efficiency significantly, enabling businesses to scale quickly and effectively. Powered by Microsoft’s AI stack, the solution combines Azure AI Foundry and other LLMs with custom AI agents. The integration of Cognitive Services with Azure's Platform-as-a-Service (PaaS) offerings enables the delivery of scalable, intelligent, and enterprise-ready AI solution.

This solution was developed in close collaboration with Americana Restaurants, the largest out-of-home dining and quick service restaurant operator across the Middle East, North Africa, and Kazakhstan, with more than 2,600 restaurants. Building on the successful deployment of Accounts Payable on Cloud solution for Americana, Infosys BPM is now integrating Agentic AI to make their invoice processing largely autonomous, further enhancing its efficiency and accuracy.

Harsh Bansal, Chief Financial Officer and Chief Growth Officer, Americana Restaurants, said, “At Americana Restaurants, we are committed to leading digital transformation, and as we scale our operations, intelligent automation is key to achieving greater efficiency and agility. With AI-powered Infosys Accounts Payable on Cloud, we have made invoice processing faster, enhanced accuracy, and improved efficiency. The addition of Agentic AI takes this a step further, reducing manual dependencies and bringing more intelligence and autonomy into our invoice processing. We are delighted that we have pioneered this initiative with Infosys and look forward to closely working with Infosys BPM to lead us collectively into a future of smarter and more agile operations."

Stephen Boyle, Global Leader, GSIs, ESIs and Advisories, Microsoft, said, "We commend Infosys BPM for launching Microsoft AI agents within its Accounts Payable on Cloud solution, showcasing AI's ability to streamline complex workflows and enhance critical business operations. This innovation underscores Infosys’s transformative potential and sets the stage for intelligent automation to drive future business success."

Anantha Radhakrishnan, CEO & Managing Director, Infosys BPM, said, "With the introduction of Agentic AI into Infosys Accounts Payable on Cloud solution, we are redefining what is possible in the finance and accounting functional domain. By integrating Infosys Topaz with a purpose-built multi-agent framework, along with Microsoft’s AI stack, we’ve developed a solution that is autonomous by design, responsive to change, and built to evolve. This exemplifies our commitment to pioneering innovation and delivering unparalleled business value to enterprises worldwide."



What Tasks Can AI Agents Perform in Accounting?















Ud. 24.8.2025
Pub 7.7.2025






August 17, 2025

Google Marketing - Ideas and Digital Marketing Aids

 

Think with Google

____________________________________

Google Marketing Live May 2025.  

The future of advertising fueled by AI isn’t coming — it’s already here.

To help marketers and businesses make the most of this moment, we’re reimagining the future of ads and shopping. Ads that don’t interrupt but help customers discover a product or service. Content that features the perfect creative, appearing at just the right moment — even those moments that were hard to predict. Ads that remove the guesswork and drive measurable impact. And of course, ads that genuinely inspire.


Today at Google Marketing Live, we showed exactly how we’re building these kinds of next-gen AI-powered solutions for Search and YouTube — where discovery starts and decisions are made. Here’s a closer look at what’s coming and how we’re turning AI into action for our customers.

https://business.google.com/in/think/ai-excellence/google-marketing-live-2025/









Marketing Management Blogs



http://adcontrarian.blogspot.com

http://www.themarketingsage.com

https://blog.axiom.us.com

https://brightside.me

http://b2bmarketingdirections.blogspot.com

http://makemarketinghistory.blogspot.com/

https://marketingthatworksblog.blogspot.com
Interesting post:  https://marketingthatworksblog.blogspot.com/2018/03/meaty-messaging-messaging-inventory.html

http://saasmarketingstrategy.blogspot.com/

http://themwordblog.blogspot.com/
Library marketing

http://dranil-marketingmusings.blogspot.com/

http://marketdesigner.blogspot.com

http://mymarketingpicks.blogspot.com
Int post http://mymarketingpicks.blogspot.com/2013/01/top-20-marketing-gurus.html

http://www.uofadmissionsmarketing.com/

https://medialadder.ca/

http://fmcg-marketing.blogspot.com/

https://faculty.insead.edu/pierre-chandon/
Professor of Marketing, INSEAD

http://mktg-matters.blogspot.com/
http://mktg-matters.blogspot.com/2018/05/in-age-of-digital-content-is-king.html


search Google marketing site:blogspot.com


Ud. 18.8.20205
Pub. 27.2.2019

August 9, 2025

Home Page of the Blog/Site - MBA - Management Theory Review


7.7.2025

I noticed today, this blog is now 4 MILLION page view blog according to blogger statistics.


  4 MILLION+ Page Views



Subscribe to the blog or like FaceBook Page Management Theory and Articles to receive notifications on articles added or modified.

Top 20 Articles  - Management Theory Review Blog

"Sharpen The Saw"

Read my detailed article on Stephen Covey's Sharpen the Saw Principle

Knowledge is the saw with which knowledge workers solve the complex problems that come to them for decision making, design and development of products, services and systems.

This collection of articles facilitate review of knowledge gained in the MBA course. The core curriculum of the course is being covered in this blog. For specialization streams separate blogs will be opened.

"Sharpen the Saw" said Covey in The Seven Habits of Highly Effective People. Knowledge workers have to keep their knowledge fresh always as 'quick recall knowledge' and 'quick assisted recall knowledge' to do their job right as knowledge workers. This can be ensured by periodic review or revision of the knowledge learned during the education years. Articles in the blog are prepared using reputed and popular textbooks on various subjects. Readers can read one or two articles per day and keep their knowledge sharp. The articles also help persons now pursuing their MBA to grasp the main ideas presented in a chapter.

Steven Covey on Seven Habits. He mentions the role of knowledge

Steven Covey left for the heavenly abode on 16 July 2012.

Revision Schedule




January  - February  - March  - April  - May   -   June

July       - August     - September  - October  - November  - December

Revision Articles -  Subjects Covered 

(See the labels list also)

Auditing  -   Business ethics - Cost accounting - Cost management - Corporate Social Responsibility

Economics - Effectiveness -  Efficiency - Engineering economics - Financial accounting

Financial management - Human resource management - Industrial engineering -

Knowledge management -

Marketing Management - Operations ManagementOrganizational Behavior - Principles of Management

Supply chain management -

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Developed by
Professor K.V.S.S. Narayana Rao, Ph.D.
Professor, NITIE, India
Professor, SP Jain Institute of Management and Research, India
Senior Professor, ICFAI Business School, India

Developer of Graham - Rao Method of Analysis of Indian Stocks.

Developer of Markowitz Portfolio Analysis Method for Equity Stocks using Target Prices, Past Price Data, and Excel Software Developed by Associates of Markowitz

Provided Definition for Industrial Engineering: "Industrial Engineering is Human Effort Engineering and System Efficiency Engineering."

Organized First All India Student Equity Research Competition "Khoj" in India.

Organized First Student Presented Investor Conference in which Top 5 Indian equity share
purchases were recommended under 5 different equity research methods and each analytical method was explained in detail to the participants.

Global Number Individual English Author on Knol, which was a platform of Google.

Recipient  of the Innovation Award from Association of Indian Management Schools (AIMS) for Development of Web Based MBA Materials.

Recipient  of the  Award from Higher Education Forum of India (HEF) for Development of Web Based MBA Materials.

Labels of this blog



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Online Management Books of Readings

Books of Collections of Online Articles by Professors of Global Top Business Schools


Advertising - Knol Book of Readings 

Auditing - Knol Book of Readings   (Completely new links added 9 July 2020)

Business, Corporate and Managerial Ethics - Knol Book of Readings

Communication Skills - Knol Book of Readings 

Corporate Governance - Knol Book of Readings 

Cost Accounting - Knol Book of Readings

Economics - An Introductory Knol Book of Readings 

Entrepreneurial Spirit - Knol Book of Readings 

Environmental Management - Knol Book of Readings 

Equity Research - Knol Book of Readings
http://nraombakc.blogspot.com/2012/03/equity-research-knol-book-of-readings.html

Ergonomics - Knol Book of Readings 


Financial Accounting - Knol Book of Readings - India version

Improvement Management of Tasks, Processes and Systems - Knol Book of Readings 

Inventory Control and Management - Knol Book of Readings 

Manufacturing Management - Knol Book of Readings 

Marketing Management - Online Book on Blog
http://bbmktgmgmt.blogspot.com/2011/12/marketing-management-contents.html


Mergers and Acquisitions - Knol Book of Readings
http://nraobbs.blogspot.com/2012/03/mergers-and-acquisitions-knol-book-of.html

Principles of Management - Book of Readings

Organizational Behavior - Knol Book of Readings 

Social Media Marketing - Book of Readings

Supply Chain Management - Knol Book of Readings
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Research in Management


Management Theory Review - Research Perspective
Will have research paper collections and literature review type treatment of various topics

Management Research Papers Review
Will have summaries some research papers in various topics and areas. If a paper has given propositions, the propositions are listed under the paper.

Updated  7.7.2025, 12.9.2024,  1 January 2021
9 July 2020,   19 January 2016, 26 August 2016, 31 Mar 2015

August 8, 2025

Development, Learning and Growth Mindset



LECS Model

Learn, Earn, Consume, Share

Learning is basic first step for human being. Even leaders have to learn every day.

Learning and Development mindset facilitates enriching of talents in a person. Every bit of knowledge, skill, and behavior can be made better and improved. This is the growth mindset.


https://qz.com/1314088/find-your-passion-is-bad-advice-say-yale-and-stanford-psychologists/


Carol Dweck: "The Growth Mindset" | Talks at Google
365,939 views
Talks at Google
Published on 16 Jul 2015
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Dweck’s Mindset Theory: How to Develop a Growth Mindset
Harry Cloke
March 12, 2025
Learning Theory
10 Min Read


Growth Mindset and Enhanced Learning.
Research has shown that when students have a growth mindset, they are more likely to challenge themselves, believe that they can achieve more, and become stronger, more resilient and creative problem solvers. Educators can have an enormous impact on the mindset of their students.

What Having a “Growth Mindset” Actually Means
by Carol Dweck
January 13, 2016

Ud. 9.8.2025
Pub. 10.7.2018