These are 14 principles which are outcome of great research work by Prof Jeffrey K. Liker’s at Toyota production system. Simply, these principles build the philosophy of Japanese Culture which interconnects to whole system very effective manner for sustainable Performance. I think that when Principles become practice in the organization culture then automatically every Strategy …
Learning from the TOYOTA way:14 Great Management Principles Read More »
Wilma Rudolph was born into poverty in the state of Tennessee. When she was four years old she had double pneumonia with scarlet fever, which left her paralyzed with polio. She had to wear braces and the doctor said that she would not be able to walk normally again. Her mother encouraged her and said …
Vroom’s Expectancy Theory states that an individual will act in a certain way based on the expectation that the act will be followed by a given outcome and on the attractiveness of that outcome to the individual. This motivational model (Vroom, 1964) has been modified by several people. Vroom’s Expectancy Theory is written as a …
o 8. Self-transcendence – a transgenic level that emphasizes visionary intuition, altruism, and unity consciousness.o 7. Self-actualization – know exactly who you are, where you are going, and what you want to accomplish. A state of well-being.o 6. Aesthetic – at peace, more curious about inner workings of all.o 5. Cognitive – learning for learning …
Herzberg developed a list of factors (Herzberg, 1966) that are based on Maslow’s Hierarchy of Needs, except his version is more closely related to the working environment: HERZBERG’S HYGIENE & MOTIVATIONAL FACTORS Hygiene or Dissatisfies: o Working conditionso Policies and administrative practiceso Salary and Benefitso Supervisiono Statuso Job securityo Co-workerso Personal lifeMotivators or Satisfiers:o Recognitiono …
There are some heroes who are labeled by posterity as villains. Duryodhana falls in this category. Even though, in many instances in Mahabharata ,Duryodhana displayed qualities of a good leader . He showed benevolence and large heartedness when he made Karna ( a person who did not have acknowledged royal lineage),the King of Anga . …
Madan Mohan Malaviya was trying to build a good university; he had to overcome many difficulties and barriers. He worked with great determination to start the university. There was a funds crisis; but he did not get disheartened. He went from town to town, met many rich people and traders to collect donations. He went …
I am delighted to participate in the inauguration of the Annual Management Convention of the Madras Management Association (MMA), Chennai. I would like to extend my greetings to the President and Members of the Association, stalwarts and distinguished members of the industry and service sector, delegates and participants of various prestigious organizations. The theme of …
My Stupid Suicide Plan Last week, an IITian committed suicide. People who commit suicide do it when they feel there’s no future. But wait, isn’t IIT the one place where a bright and shining future is a foregone conclusion? It just doesn’t add up, does it? Why would a young, hardworking, bright student who has …
Mahatma Gandhi went from city to city, village to village collecting funds for the Charkha Sangh. During one of his tours he addressed a meeting in Orissa. After his speech a poor old woman got up. She was bent with age, her hair was grey and her clothes were in tatters. The volunteers tried to …
