Customers demand greater product variety and quickly shift to new & innovative products. Their purchase decisions are based on factors that are affected by product design. Customers are looking at factors such as customisability, order-to-delivery time, product safety and ease and cost of maintenance. Indian companies need to expand their risk-taking appetite in order to come out with new products that can help to expand their markets and bring new customers into their fold.
The CEO, therefore, needs to transform himself as a first. He should be able to dream and connect his dream to the dreams of both the organisation and the people within.
CEOs should stand at the organisation's boundary and bring in outside information.
Industries and businesses decline and thrive depending on the way they deal with the many and increasing challenges of innovation
Goal setting, organisational setting, training and education, and promotion are the factors that normally provide the much needed push for organisational change.
CII's Mission for Innovation in Manufacturing is working on all these fronts through its multi-pronged roadmap. The mission aims to create at least 100 innovating companies by 2009.
Synectics stimulates thought processes of which the subject is generally unaware
Surinder Kapur writes on how Indian Industry is managing quality.
The country has the opportunity of creating new business models, products and services for the poor not just at home, but for countries in Africa and Latin America.
Responsibility can be written down as a job description -- accountability is about commitment.
This process of aligning the organisation goals is called Hoshin.
In the maintenance department of an auto component company, the original grinding wheel motor was drawing 18 amp current using a delta connection. Considering the motor's function, this seemed high to the motor operator.
Check out how Indian Industry is managing quality.
7QC tools are fundamental instruments to improve the quality of products.
Exactness is the starting block of quality. It requires that each company pursuing quality practises daily work management.
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