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LATEST ARTICLES
Can The Indian Manufacturers Benefit From The China Exodus, By US Based Companies?
Last year the Indian manufacturers welcomed the announcement about the government pushing for multiple defence corridors. We clearly acknowledge that this is a massive step and a much needed initiative to propel the growth the Indian MSME needed. As the foundation and the policy is taking shape, it’s imperative that excessive caution and judicious approach needs to be adopted. Things will fall in place,...
Why is Strategic IT Innovation Important?
If you want your business to succeed in today’s ever-changing landscape, you need to make innovation a priority. Not only is the business world constantly changing, but it is changing at an accelerated rate. Things that may be considered revolutionary or innovative today can quickly become an obligation tomorrow. The "Window of Differentiation" is shrinking, shortening the lifespan of strategic...
WHAT IS AN EV (ELECTRIC VEHICLE)?
What is an EV & How does it Work ? Electric Vehicles (EVs) are powered by a battery and electric motor instead of a gasoline tank and internal combustion engine. EVs (sometimes referred to as battery electric vehicles, or BEVs) have surged in popularity as manufacturers have expanded their lineup of sustainable, battery-powered vehicles. EVs are powered by electricity from the...
All about F P & A
All about FINANCIAL PLANNING & ANALYSIS - A Synopsis. What is Financial Planning & Analysis (FP&A)? About two decades ago, FP&A was seen as a back office function. A provider of historical data. Often regardedf as “Bean counters” or “scorekeepers” focused on producing routine management reports with limited forward-looking capability. Fast-forward to today FP&A is regarded as a business partner and a...
Metaverse for early stages of Product Design
Metaverse for early stages of Product Design Introduction The follies associated with misunderstood requirements and misplaced designs in software engineering are well known. The mistakes in the early stages of software development are quite expensive and vexing to resolve. Multiple techniques are used to avoid these situations such as wireframes, Drawings of various sorts, elaborate documents, Inspection/reviews etc. However, it is...
Autonomous Vehicle
How will Autonomous Vehicles affect Tort Law ? What is an Autonomous Vehicle According to Wikipedia, an autonomous car means a ground vehicle that is capable of sensing its environment and moving safely with little or no human input. There are 5 levels of autonomy. Level 1 automation means that the car is equipped with some driver assistance systems such as...
Future of Transportation
How Will the Future of Transportation Look Like? “The reality about transportation is that it's future-oriented. If we're planning for what we have, we're behind the curve” – Anthony Foxx Most inventions in real life are born out of necessity or from the creative imagination that we get to visualise in futuristic movies! Let’s look at some of the top emerging...
TOXIC EMPLOYEES
Time to weed out Toxic Employees from Your Organization | Business Environment As business owner - large, small, medium, micro have you ever encountered a toxic employee who, for some reason, keeps being rewarded or even promoted in the workplace? Every office | Business usually has that one person who is undoubtedly toxic. They are known to bully, belittle, threaten, insult,...
Revolutionizing the Manufacturing Industry with Collaborative Robots
Revolutionizing the Manufacturing Industry with Collaborative Robots The presence of robots in speculative fiction and fantasy is nothing new. A robot-driven utopia in which humans and robots can live in harmony is within reach in the 21st century. Humans and robots can now coexist peacefully and harmoniously in a robot-driven civilization. Companies in the manufacturing sector are frequently described as enthusiastic...
Supercharge your Project Management Skills
Supercharge your Project Management Skills - A Synopsis New, aspiring, and even experienced project managers often look for guidance when in difficult situations. This book culminates learnings drawing from over twenty-five years of my personal experience in project management. It covers various situations across different phases of project management, like requirement gathering, contracting, stakeholder identification, team management, risk management, quality,...
One Factory One Solution
One Factory One Solution Have you ever tried listing the solutions and techniques available today to manage a factory? It is truly maddening. You may wonder why a factory cannot have just one inexpensive and complete solution to manage all its affairs. The reason is simple, one critical function of deciding which activity of which job to do now and on...