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Showing posts from July, 2013

Most Important Things (MITs)….

You might all have read the popular story that goes like this…. A Professor stood before his philosophy class and had some items in front of him. When the class began, wordlessly, he picked up a very large and empty mayonnaise jar and proceeded to fill it with golf balls. He then asked the students if the jar was full. They agreed that it was. So the Professor then picked up a box of pebbles and poured them into the jar. He shook the jar lightly. The pebbles rolled into the open areas between the golf balls. He then asked the students again if the jar was full. They agreed it was. The Professor next picked up a box of sand and poured it into the jar. Of course, the sand filled up everything else. He asked once more if the jar was full. The students responded with an unanimous “yes.” The Professor then produced two cups of coffee from under the table and poured the entire contents into the jar, effectively filling the space between the grains of sand. Now,” said the pro

Dashboards for Life!

                One of the most widely used tool in the Corporate world are the dashboards that serve the purpose of acting as visual indicators regarding the health of Program/Project. Dashboards exist for at least two purposes : 1)        Set the Target for Success 2)        Track the progress against the Target We can use the dashboards in our life too to check if we are indulging our self in the right things…Following are some of the Dashboards that I monitor for myself Physical Health :                 Measures : Weight , Blood Pressure We all should know how much we should weigh…It is determined the Body mass index (BMI) which should be less than 25. To calculate BMI, take the weight (kg) and divide it by height (m). Then divide that number once again by height (m). Round to the second decimal place. Please get a digital weighing machine (costs around Rs.700-Rs.1000) and record your weight frequently. Similarly so with the Blood pressure too…Ideally we shoul

Efficiency and Effectiveness

“Efficiency is doing the things Right; Effectiveness is doing the Right thing”…Peter F Drucker Efficiency and Effectiveness are often mixed up on what they stand for. The above quote from Drucker while is insightful, like often with other management connotations, it is a bit confusing…So let us look at them… Efficiency: Efficiency is all about how well we are using the Inputs to convert into an Output. Efficiency is usually measurable. Some of the measures of the efficiency are the Time taken or the Money saved. One of the finest examples of the Efficiency is the Pit stop in a Formula1 Race. The typical activity in the Pit stop are like 7-8 crew members involved in changing the tyres (1 or more) and to fuel the tank all in a matter of 8-13 seconds ! Efficiency is all about doing the set of standard activities in the right manner Effectiveness:   In the above example of Pit stop, while it is the incredible efficiency of the crew alone cannot make the race for the dri