Showing posts with label April. Show all posts
Showing posts with label April. Show all posts

June 28, 2020

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
Updated on 14 May 2019, 3 April 2017

May 2, 2019

#AtoZChallenge 2019 - Operations Management A to Z Blog

#AtoZChallenge 2019 badge





Theme for #AtoZChallenge 2019 - Operations Management


Operating or operations processes deliver firm's goods and services for the sales orders. Operations have to be effective and efficient. Effectiveness is achieved when customer is satisfied with the product or service delivered. The product delivered has to conform to the specifications indicated in the sales order. It has to be delivered within the time stipulated. The location has to be same as indicated. The installation service if any has to be as per the promise.  While effectiveness is judged by the customer, efficiency is an internal yardstick of the firm. Customer happiness is effectiveness.
Employee happiness is part of efficiency. Efficiency is related to the amount of resources used in the production process or operating processes. Total cost of resources can be determined and efficiency means lower cost of operations.

Operations Management is management of operation or operating activities effectively and efficiently.

I identified 26 themes for making blogs posts under the theme of "Operations Management" for April 2019 Blogging Challenge. These articles will be published one by one on each week day of the month. There will not be publication on Sundays. Look forward to comments and suggestions  of readers

Operations Management A to Z - Proposed Articles 


1. Accounting for Operations Management
2. Behavioral Issues in Operations Management
3. Coordination
4. Demand Forecasting
5. Effectiveness, Efficiency, and Excellence in Operations and Operations Management 


6. Financial Analysis for Operations Management
7. Goals and Objectives of Operations Management
8. Human Resource Issues and Management of Operations Function
9. Industrial Engineering and Operations Management - Distinction and Combination
10. Job Design


11. Knowledge Management for Operations
12. Low Inventory Lean Production and Service System
13. Management Principles and Operations Management
14. New Product Design and Production
15. Order Booking, Planning and Despatching


16. Productivity Management
17. Quality Management
18. Resource Planning and Resourcing for Effective Operations
19. Supply Chains Operations Management
20. Total 'X' Managements in Operations Management


21. Understanding Product, Machine, Material, Man, Information and Energy
22. Visionary Leadership for Operations Management
23. What is Operations Management (26)
24. Xenogamy (Cross Fertilization) - Evolution of Operations Management (27)
25. Yearning - Relevance for Operations Managers - (Filled with longing or compassion or tenderness) (29)

26. Zero-Based Productivity Management (30)



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

Traditional approaches to operations can miss opportunities to harness technology to boost efficiency.

Zero-basing organizations, which use zero-based principles as a lens to reshape organizational structure and operations, can unleash greater productivity. The resulting purpose-built enterprise ensures that staff and resources are allocated to the highest-value areas of the business.

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.

For details of the Blogging Challenge
http://www.a-to-zchallenge.com/2019/03/master-list-atozchallenge-2019-and-post.html

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 technques 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

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


My Previous A to Z Challenge Posts

A to Z: Top Management Challenge Areas



1. Awareness of Environment

2. Brand Equity - The NPV of Marketing Investment
    Brain Stilling - Brain Storming for Effective Decisions

3. Culture Change Management
    Coordination

4. Deal Making and Negotiation

5. Energizing the Organization

6. Fortification of the Brand

7. Goal Alignment and Employee Involvement

8. Health of Organization

9. Innovation for Growth - Revenues, Profits, Potential Market, Knowledge Capital

10. Job Redesign for Effectiveness, Efficiency and Employee Satisfaction

11. Knowledge Management

12. Liquidity, Solvency and Profitability - The Finance Challenge

13. Manufacturing/Production Management - Production of Goods and Services

14. No Waste Philosophy - Industrial Engineering and Work Simplification

15. Organizing Resources and Acquiring Them - The Supply Chain

16. Productivity Management

17. Quality Management

18. Redesign - Design Iterations

19. Supply Chain Analytics

20. Technology Management and Innovation

21. Utility - Value to Customer

22. Values Statement of the Organization

23. Wandering to Manage - Shop Floor and Office - Observe the Action to Plan and Control

24. Xerophilous Organization - Surviving the Business Cycles

25. Youthful Organization

26. Zeal - Earnestness to Serve and Survive




Updated 25 April 2019, 12 April 2019, 31 March 2019,  15 March 2019

February 25, 2019

A to Z: Top Management Challenge Areas






A to Z: Top Management Challenge Areas

2017 Blogging Challenge Articles with the Theme: Top Management Challenge Areas




All the issues are relevant in the current times. So, the services offered by top consultancy organizations in these areas are specially highlighted.

1. Awareness of Environment

2. Brand Equity - The NPV of Marketing Investment
    Brain Stilling - Brain Storming for Effective Decisions

3. Culture Change Management
    Coordination

4. Deal Making and Negotiation

5. Energizing the Organization

6. Fortification of the Brand

7. Goal Alignment and Employee Involvement

8. Health of Organization

9. Innovation for Growth - Revenues, Profits, Potential Market, Knowledge Capital

10. Job Redesign for Effectiveness, Efficiency and Employee Satisfaction

11. Knowledge Management

12. Liquidity, Solvency and Profitability - The Finance Challenge

13. Manufacturing/Production Management - Production of Goods and Services

14. No Waste Philosophy - Industrial Engineering and Work Simplification

15. Organizing Resources and Acquiring Them - The Supply Chain

16. Productivity Management

17. Quality Management

18. Redesign - Design Iterations

19. Supply Chain Analytics

20. Technology Management and Innovation

21. Utility - Value to Customer

22. Values Statement of the Organization

23. Wandering to Manage - Shop Floor and Office - Observe the Action to Plan and Control

24. Xerophilous Organization - Surviving the Business Cycles

25. Youthful Organization

26. Zeal - Earnestness to Serve and Survive

My Important Project Using The Articles in This Blog


MBA Core Management Knowledge - One Year Revision Schedule






A to Z: Management -  Blog Posts by Narayana Rao (Earlier Year Challenges and Regular Blogging)




Letter "A"

1. Adoption of New Products and Processes
2. April - Management Knowledge Revision
3. Advertising

 Letter "B"

Brand Building Update 2015

Business Firm and Society - The External Environment, Social Responsibility and Ethics - Review Notes
Business Conceptualization - Management Insights from Economics, Engineering Economics, Managerial Economics, Industrial Economics
Branding

Letter "C"  -

Culture Change Management Process

Channels of Distribution
Letter "D" -

Distribution Warehouse

Discount Policy
Demand


 Letter "E"-

Efficiency Improvement - Need and Role of Industrial Engineering

Excellence
 "F" -

Finance for Non-Finance Managers

Foresight
 Letter "G" -

Goal Setting for MBO


Letter "H" -

Human Resource Training - Role of Indicated Reading Lists

Health
 Letter "I" -

Innovation Marketing

Innovation
 Letter "J" -

Job Design

Job Satisfaction


 Letter "K" -

Knowledge Management Software Packages

Knowledge Management
Letter "L" -

Location of Production Facilities

Leadership Development
Letter "M" -

Market Orientation

Make in India Campaign - Industry Sectors Information
Motivation

Letter "N" -

Needs and Wants - Marketing Concepts

New Products
Letter "O"

Organizational Sociology

Organizing

Letter "P"

Product Development

Productivity

Letter "Q"

Quantitative Thinking for Management

Quality

 Letter "R"  -

Relaxation During Work Day - Recovering from Fatigue

Research

Letter "S" -

Six Sigma - Zero Defect Movement Systematized

Salesmanship

Letter "T"  -

The Role of Theory in Practice of Engineering and Management

Training

Letter "U"  -

Understanding Marketing Productivity

Utlility

Letter "V" -

Value Engineering - Recent Developments

Vision

Letter "W" -

Work-Methods Science

Waste Elimination

Letter "X"  -

X Reminds me of Theory X


Letter "Y" -

Y Reminds me of Theory Y


Letter "Z"  -

Z Reminds me of Theory Z

A to Z - 2015 Challenge


A to Z: 2015 Blogging Challenge - Index for Management Articles by Professor Narayana Rao


To Know More About A to Z Blogging Challenge




Recent Development - Year Update

A - Advertising

B - Branding

C - Channel Management

D - Distribution

E - Effectiveness Improvement

F - Financial Management

G - Goal Setting

H - Human Resource Management

I - Industrial Engineering

J - Job Design

K - Knowledge Management

L - Logistics Management

M - Manufacturing Management

N - New Product and Service Marketing

O - Organizational Behavior

P - Productivity Science, Engineering and Management

Q - Quantitative Techniques

R - Retail Sales

S - Supply Chain Management

T - Training and Development

U - Understanding the Business Environment Change

V - Value Engineering/Product Industrial Engineering

W - World Class Business and Manufacturing

X -

Y - Youth Participation in Production and Consumption

Z -
____________________

Reading started in year 2018

Updated 26 February 2019,  7 July 2018,  18 August 2017, 30 April 2017,  15 April, 11 April, 8 April, 6 April 2017, 3 April 2017, 1 April 2017, 27 Feb 2017,  3 December 2016



https://nraomtr.blogspot.com/2019/02/a-to-z-of-management-articles-books.html


A to Z 2018 Road Trip

http://www.a-to-zchallenge.com/2018/05/road-trip-roadtrip-atozchallenge-2018.html

July 6, 2018

Awareness of Business Environment - Top Management Challenge

Article of the Theme - Top Management Challenges

Importance of  Awareness of Business Environment


Transformation of an organization depends on an insight. Insights come when a manager is trying to make sense of a situation which offers a business opportunity or a business threat.  Such a situation is always preceded by awareness of the relevant environment. Organizations depend crucially on the awareness of the top management regarding the change in the environment.

Self-awareness and Organizational Awareness


A high degree of personal and organizational awareness improves leadership effectiveness.Successful leaders have a strong self-awareness and organizational awareness. The self-awareness requires deep understanding personal emotions, strengths, limitations, values and motives by top managers. It is about themselves. Organizational awareness is the deep understanding of the organizational structure, leadership styles that succeed in the organization and culture of their companies. Effective CEOs and top managements use surveys to increase awareness of intra-organizational environment.

Top managers have to be aware of the environment of their business concern. They need to see developments that are likely to occur in the business environment and create scenarios. For each scenario they have to create a plan and take some actions that will facilitate the deployment of the full plan as a particular scenario actually happens. Consumer environment is one focus area for top management in the business environment.


Consumer Environment 


The consumer environment refers to everything external to consumers that influences what they think, feel, and do. It includes social stimuli, such as the actions of others in cultures, subcultures, social classes, reference groups, and families, that influence consumers. It also includes other physical stimuli, such as stores, products, advertisements, and signs, that can change consumers’ thoughts, feelings, and actions.

The consumer environment is important to marketing because it is the medium in which stimuli are placed to influence consumers. For example, marketers run commercials during TV shows that their target markets watch to inform, persuade, and remind them to buy certain products and brands. Marketers can send free samples, coupons, catalogs, and advertisements by mail to get them into consumers’ environments. Stores are located close to populated areas to get them in the proximity of consumers. Web sites become part of a consumer’s environment if they are contacted.


Clearly, marketing strategies should be designed not only to influence consumers but also to be influenced by them. For example, if research shows that consumers are disgusted (affect and cognition) with  advertisements for a product, the company may want to change its ads to better appeal to the market. If research shows that consumers in the target market do not shop (behavior) in stores where a company’s product is featured, the distribution strategy may have to be changed. If research shows that consumers want to be able to get information from a company’s Web site (environment) and none exists, the company may want to create one. Thus, marketing strategies should be developed, implemented, and changed based on consumer research and analysis.

Read in more detail: Analysis of Consumer Markets - Kotler's Book Chapter Summary


Seeking different perspectives: 

This trait is conspicuous in managers who monitor trends affecting organizations, grasp changes in the environment, encourage employees to contribute ideas that could improve performance, accurately differentiate between important and unimportant issues, and give the appropriate weight to stakeholder concerns. Leaders who do well on this dimension typically base their decisions on sound analysis and avoid the many biases to which decisions are prone.

Article by Claudio Feser, Fernanda Mayol, Ramesh Srinivasan - McKinsey and Co.
https://www.mckinsey.com/featured-insights/leadership/decoding-leadership-what-really-matters


Benefit of participating in A to Z April Blogging Challenge

Reading and Understanding to Write


I am writing blog posts. But I am reading material and collecting materials regarding the topics. It is helping to understand the top management theory and practice better. I shall try and revise each of these articles once again later to make them more comprehensive and up-to-date. I request readers to give their suggestions for expanding and improving the article.

The index to all articles in A to Z April Blogging - Theme - Top Management Challenges

A to Z Challenge articles visited and read


Unique Alpha and Unseen Omega in Blogging
https://fabulus1710.wordpress.com/2017/04/01/a-for-atozchallenge-2017/

Vibrant India
Adventurous Outing in Rishikesh
http://polkajunction.com/2017/04/01/adventurous-outing-at-rishikesh/

About Anger and how to manage it to save relationships
http://www.kalpanaawrites.com/anger-atozchallenge/

Should Education Adapt or Adopt?
http://www.carrieanntripp.com/should-education-adapt-or-adopt/


Updated 7 July 2018
1 April 2017