Management


In this new era, past employment experiences encompassing continuity and predictability has changed. In exchange, we see organizations which are moving aggressively towards more efficiency and competitive advantage. They are influenced greatly by inevitable forces of change such as deregulation, restructuring, globalisation and the desire for knowledge capital. From the employee’s point of view, adapting is vital but there are mixed results to this adaptation, with potential problems such as work stress, illness, and underperformance. To counter such problems, focus should be placed on psychological well-being which helps to create a balance between personal and organizational life through self-identity, and self-esteem, leading to the sense of stability. In this report, we will look at the motivational need systems of individuals, followed by the importance of meaningful work, and also how these two factors when combined help create a healthy workplace, and finally the role of organization in promoting such environment.

(more…)

The word “muda” is Japanese for waste. The word is commonly used within corporations all over the world that are in the midst of lean manufacturing excellence.

There are many Japanese words in use today at companies throughout the world implementing lean manufacturing. Kaizen (meaning small, incremental improvement) is the most popular, followed by the word muda.

(more…)

Over the last 20-30 years, we’ve built a culture of action – if there’s a problem, solve it and do it quickly. Unfortunately, that culture of reacting is now causing many of today’s insurmountable problems. In rushing to do the job, we create far more problems and complications than we started with.

Our problems today are so complex that no one party understands all the sides of an issue, and because we don’t take time to learn about the sides we don’t understand, we act on inadequate information and often cause more problems than we solve.

(more…)