Tag: human resources
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Difference Between OKR (Objective and Key Result) and MBO (Management by Objectives)
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“If you desire to make a difference in the world, you must be different from the world.”— Elaine S. Dalton Introduction There are different ways to reach locations A to B. The important perspective is to identify a path wherein we can reach the destination at the lowest cost, with high efficiency and within…
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Setting Goals & Achieving Success: The Power of Management by Objectives (MBO)
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“Surround yourself with the best people you can find, delegate authority, and don’t interfere as long as the policy you’ve decided upon is being carried out.”— Ronald Reagan Introduction There are two different ways to accomplish a big task. One way is to assemble all the key people together and give them the task…
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What is Hoshin Kanri (Policy Deployment)
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“The essence of strategy is choosing what not to do.” — Michael E. Porter Introduction It has never been easier to start a business and reach a seven-digit revenue. However, in the history of mankind, it has never been harder to make people care about your products. There is severe competition in every market, and only…
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Difference Between SDCA and PDCA
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“A man who does not plan long ahead will find trouble at his door.” ― Confucius Introduction During new year’s eve or during any festival, we take some personal pledges like I will lose weight, I will join the gym, I will control my hours on social media, I will avoid smoking and many more things.…
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Managing Your Workload: A Guide to Daily Work Management (DWM)
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“A tree starts with a seed”: Indian Proverb Introduction Someone has rightly said, ‘an apple a day keeps the doctor away.’ For a healthy heart and body, the doctors recommend a 40-minute brisk walk every day. My father told me the same thing. ‘Once a task is just begun, never leave it till it’s done.…