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Showing posts from January, 2020

5S' to Operational Excellence

The Business Environment in today's day & age is far different from that a couple of decades ago - thanks to factors like Globalization, blazing-fast Technological upgradations, Government reforms, and many others. As Mr. Benjamin Disraeli, a famous British politician, had rightly pointed out " Change is Inevitable; Change is Constant ". No organization can stay at a fixed position for long. It either has to move forward (i.e, Grow in business) or be beaten by its competitors (i.e, perish). Over 6.8 lakh Indian companies have closed down since our Independence in 1947, which is equivalent to almost 36% of the total number of Indian companies registered under the Registrar of Companies. The only option available for any organization to survive in the competition is to Grow. Operational  Excellence  (OPEX) is a one-stop solution, which can ensure the growth and profit of the company. Achieving true Operational Excellence is easier said than done. However,

The Need for Excellence

We are living in an era where Time is of ultimate essence. A student struggling to get ready for school in the morning or a professional going through dozens of unread Emails while traveling or a delivery partner trying to deliver goods to a customer or a Manufacturer trying to meet their customer demand; everyone seems to be hard-pressed on time in this fast-paced world. In the words of Mr. Harvey Mackay,  an American businessman, " Time is free, but it’s priceless. You can’t own it, but you can use it. You can’t keep it, but you can spend it. Once you’ve lost it you can never get it back". And this is why Time is one of the most valuable investments anyone can make. Mr. Benjamin Franklin, through his famous quote - "Time is Money", had pointed out another driver of today's world - Money. Well, we all are well-acclaimed with Money and the Power it possesses. There are very few things that money cannot buy. From necessities to luxuries, from tangible needs