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 …
Read MoreData Analysis Techniques Every organization collects a large volume of data during its day-to-day operation. This data is of little use till it is organized, and analyzed to extract useful information from it. Data analysis technique constitutes the science of examining raw data with the purpose of drawing conclusions about the information contained in the …
Read MoreData and Presentation of Data Data refer to the set of observations, values, elements, or objects under consideration. They also refer to the known facts or things used as basis for inference or reckoning facts, information, material to be processed or stored.iu Data are a set of facts, and provide a partial picture of reality. …
Read MoreTerms used in Statistical Analysis Statistics is the scientific discipline which provides methods to help the people to make sense of the data. It is the science of learning from data. It is a set of methods used to analyze data. One of the goals with statistics is to extract information from data to get …
Read MoreTechnical Audit in Steel Industry Technical audit is an audit which is performed by an auditor who is a technical person with an in-depth knowledge of the subject matter. The technical audit a systematic, documented verification process of objectively obtaining and evaluating the audit evidence, in conformance with the audit criteria and followed by communication …
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