All entries for Tuesday 05 January 2016
January 05, 2016
For a business to be successfull it is important to resolve the problem at timely basis. If problems are not resolved they will result in slower process, higher faults hence increasing costs and decreasing quality. These are all those things which are not favaourable for sustainability of business. But in order to solve the problem it is important to know what exactly the problem is, so that all energy and resources should be directed towards that particualr problem. Sometimes small problems are having huge impact on performance of business. In order to identify those problems business processes need to be analysed in much more detailed way. For that numbers can assist to study something in as lower fraction as possible. Numbers do speak, but in order to understand them they need to be anaylsed by putting them in some formula or model. There are some models like taguchi model and control charts which can help to idetify and understadnd problem in much better way. This will help to reduce variations in systems, if the problems are understood and resolved. Reduced variation helps to minimize cost of prduction in terms of less faulty products and low wastage of resources, and on other hand quality will improve. As product with very similar specification will be produced from processes everytime. Problem is always decreasing quality. And thast what customer pays premuim and help to branding of business. In order to resolve problem it is important to understand it in best possible manner.
It seems simple to work along with people from differnent backgrounds. Working together may make a team but not an effective one. Team and effective team are two different things. One major difference is of value addition into the product or process they are working for. Just a team wont add much value, where as effective team will add optimum value to the area where it will be working. Working with team doesnt just mean to spend the working hours with team members and then go back home. Effective team is something beyond that. They understand strengths and weakneses of each other and try to achieve the common objective by their strengths and complimet each other area of improvement with their strengths. They dont blame for errors by any member, instead they find a reason for that error and try to resolve that error. Finding best solutions on their own is another important characteristic for effective team. In effective team, goal is crystal clear to every team member, and they further communicate to clear if any problems. In order achieve all this a effective team needs to be psychilogically, emotionally and socially conected to each other. Thats what is called ''Effective team''. Taking these qualities out will make it just a "TEAM". Target should always be to make effective team.