“The only difference between a rut and a grave are the dimensions” – Ellen Glasgow Introduction We procure electronic goods through online portals like Amazon. For our daily needs, we purchase groceries from the nearby market. For marriages, many specialized activities like makeup, decoration, food catering, photography etc. are outsourced. The economic prosperity of many developing nations is dependent on business process outsourcing (BPO) like IT from developed nations. Objective Both
“Slowness to change usually means fear of the new.” – Philip Crosby Introduction Change (permanent or temporary) is inevitable and is part & parcel of our lives. It may be the government’s economic policies, global warming, pandemics like COVID, emission norms transition from Euro IV to VI or LGBT rights. The list is endless. The important thing is ‘Are we willing to change and adapt to the changing environment?’ Objective
“I only feel angry when I see waste. When I see people throwing away things we could use” – Mother Teresa Introduction During the festival season, we prefer to clean our house more intensely. While doing so, we find many things which missed our attention but are useful, we also find unproductive things and need to be discarded, while certain things require repair. Objective While nonconformity cannot always be avoided
“The best ideas emerge when very different perspectives meet” – Frans Johansson Introduction Most successful people do not follow a linear path in life. They set big goals (and often achieve them) but they also aren’t afraid to change their minds and amend their goals. Yes, if you believe in something, you should pursue it with all your heart and spirit. But if you find your interest waning, maybe it
“Action is the antidote to despair” – Joan Baez Introduction As per Pareto’s Principle (Vital Few, Trivial Many), 80% of the contribution is by 20% people/effort and the remaining 20% of the result is contributed by the balance 80% of the people/effort. Objective To do FMEA efficiently and effectively, prioritization is very important. Action Priority (AP) is one such important indicator that decides which risks (Combination of Severity, Occurrence, Detection)