Management – IspatGuru

Glossary of technical terms for the use of metallurgical engineers Terms starting with alphabet ‘K’

Glossary of technical terms for the use of metallurgical engineers Terms starting with alphabet ‘K’ Kaikaku – It is a critical element within the Lean manufacturing framework representing a profound paradigm shift, embodying the Japanese term for radical change. Distinguished from the incremental nature of continuous improvement, Kaikaku seeks to dismantle and radically overhaul existing …

satyendra
June 28, 2024
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Data, Environment, Exploring, Information, monitoring, Network, OODA loop, Periphery, Scanning, signal, Vigilant organization, VIS,

Vigilant Organization All organizations are vulnerable to missing signals because of the limited attention, competing priorities, and frequently, a lack of curiosity. When uncertainty increases, top performing organizations stay ahead since they know where to look for warning signs and how to explore their environment. The truly vigilant organization manages a process which routinely and …

Marketing Strategy

Marketing Strategy The concept of marketing is inherently simple having the basic principle that the success of the organization is through a process of understanding and meeting customer needs. Though this is a simple concept, organization still need something as complicated, and time consuming, as a marketing strategy. While basic marketing principles can be simple …

Marketing Intelligence and Related Concepts

Marketing Intelligence and Related Concepts Information is an important resource in an organization since it helps the organization in achieving competitive advantage. Information is needed to be considered and managed properly in the organization to keep pace with the contemporary developments in different areas of the organizational functioning. In the present-day scenario, organizations face challenges …

Management styles

Management styles Organizations are increasingly aware of the importance of human capital and its impact on the success or failure of the organization. Several organizations do realize that the organizational productivity and effectiveness are closely linked to the proper management style used by the managers of the organization. In fact, use of a proper management …

McKinsey 7S Framework Model

McKinsey 7S Framework Model McKinsey 7S framework model is a strategic planning tool designed to help an organization to understand whether it is set-up in a way which allows it to achieve its objectives. Before the arrival of the McKinsey 7S framework model, when the managements have thought about organizational design, they have tended to …

Influence of Internal Environment on the Organization

Influence of Internal Environment on the Organization The organization is a complex and dynamic socio-economic system. It has an open character, being a component of the economy and society. Integration of the organization into the environment in which it operates shows that the organization is not only in an adequate relationship with the environment, but …

Influence of External Environment on Organization

Influence of External Environment on Organization Organization is regarded as a human activity which is concerned with the production and distribution of goods and service. It is a social facility by which societies organize economic efforts. Most specifically, an organization is the sum total of the organized efforts by which the people engaged in commerce …

Organizational Stakeholders

Organizational Stakeholders Stakeholders are those persons who are affected by or have an effect on the organization. Stakeholders can also include people who have a strong interest in the organization for academic, philosophical, or political reasons, even though they and their families, friends, and associates are not directly affected by the organization. One way to …

Organizational Strategy

Organizational Strategy In the present globalization era, an organization is required to face several challenges for capturing the opportunities. The world seems to be limitless, where presently very fast technological developments are taking place. Under this environment, the organization is required to adopt several strategies to become a successful organization. The automation process, education and …

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