November 2018: Why ethics are important in doing business? Ethics are characteristics of individuals' behavior as well as organizational behavior. Leaders of any organization are expected to present a role model in ethical conduct to promote culture and values of ethics across the organization. Observes prove that behaving ethically ultimately affect the bottom line of business performance, in terms of reputation, customer retention, sustainability of relations, and penetration to new markets for growth. High ethics and social responsibility are related to good financial performance of organizations, they feed and reinforce each other. Ethics should be arising out of core believes and values, not just practiced superficially for branding and image building purposes, otherwise it will not endure for the long run, and it will eventually disadvantage business results.
October 2018: For what purpose can you use a Business Case? Don't confuse it with a business plan, it's different. A business case is a document that proves the viability and worthiness of an endeavor or project, to show it's financially feasible. This document is used as as decision making tool when evaluating projects and proposals for selection or approval. It explains the proposed idea, needs for it, expected benefits and returns from implementing it, alternatives analysis and recommended approach, potential risks and risk management plan, market research if applicable, etc. The financial aspects of a business case are the primary focus, sometimes even business cases are reduced to financial analysis only. Such financial aspects include calculation of payback period, ROI, time value for money cash flows, cost breakdown and estimations, expected profit, etc.
September 2018: How can you benefit from Lean Six Sigma? Six Sigma (6σ) is a quality approach for continual improvement, that intends to reduce variation in processes and outputs by making them controllable. It promises for 3.4 errors in 1 million opportunities (i.e. 99.99966% success rate). Lean is another quality concept that calls for reducing wasteful activities that are non-value-added steps in a process through standardization of processes. Lean and Six Sigma are interleaved in application and becoming conjoint concepts. Six Sigma includes tools and methodologies to be applied. The most popular methodology used is the DMAIC methodology (Define, Measure, Analyze, Improve, Control). Tools are applied through each stage of the DMAIC methodology, and are mainly quality management and statistical control tools, process maps, charts and diagrams.
August 2018: What is Microsoft Azure? It's the cloud services environment from Microsoft, through which a wide range of infrastructure and platform services are provided. These cloud services include computing, networking, storage, databases, application services, IoT, monitoring services, etc, which are provided through data centers in tens of regions around the world. Azure allows access and management of cloud services either through the portal directly, or via command line shell. While many services are geared towards integration with Microsoft products, other services interface with multi-vendor products and services through APIs, and other components available in Azure Marketplace. Being a cloud environment, Azure promises for benefits of using cloud in general, which include more manageable costs, higher reliability and fault-tolerance, and enhanced service levels.
July 2018: How should you navigate organizational politics? These are existing in every kind of organizations. Power levels and relationships will impact decisions and directions in many endeavors undertaken by the organization. This is part of organizational culture that needs to be understood so that you know how to capitalize upon, or otherwise avoid, impacts resulting from organizational politics dynamics on your activities. It's part of stakeholder management to know the level of importance and impact various parties could have on your activities, so that you may influence the right party in the way that achieves best outcomes in favor of your endeavors. Often, organizational politics will raise issues related to conflict of interest and even ethical concerns. This needs to be handled in a nimble and cautious way based on good awareness of the organizational environment.
June 2018: What does SCRUM mean? Scrum is a project management methodology that applies the agile approach in management. As a methodology, it provides recommended practices, in the form of principles, aspects, and processes, for managing projects, programs, and portfolios in an agile way. The agile approach in general calls for appreciation and anticipation of changes throughout the lifecycle of the project, and progressive elaboration on requirements and plans, so that delivery is done on increments in arrangement with the customer, through successive sprints of the project. Scrum Teams are facilitated by Scrum Masters, as opposed to project managers in traditional project management, where work is based on collaboration and self-organization. This method promises for quick realization of value, and less overhead and rework in the project.
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