Friday, February 2, 2007

Total Quality Management






Total Quality Management (TQM) is a management strategy aimed at embedding awareness of quality in all organizational processes. TQM has been widely used in manufacturing, education, government, and service industries, as well as NASA space and science programs.


Total Quality provides an umbrella under which everyone in the organization can strive and create customer satisfaction.
TQ is a people focused management system that aims at continual increase in customer satisfaction at continually lower real costs.

TQM is composed of three paradigms:


Total: Organization wide
Quality: With its usual Definitions, with all its complexities
Management: The system of managing with steps like Plan, Organize, Control, Lead, Staff, etc.

As defined by the International Organization for Standards (ISO):

"TQM is a management approach for an organization, centered on quality, based on the participation of all its members and aiming at long-term success through customer satisfaction, and benefits to all members of the organization and to society."

In Japan, TQM comprises four process steps, namely:

Kaizen – Focuses on Continuous Process Improvement, to make processes visible, repeatable and measurable.
Atarimae Hinshitsu – The idea that things will work as they are supposed to (e.g. a pen will write.).
Kansei – Examining the way the user applies the product leads to improvement in the product itself.
Miryokuteki Hinshitsu – The idea that things should have an aesthetic quality which is different from "atarimae hinshitsu" (e.g. a pen will write in a way that is pleasing to the writer.)

TQM requires that the company maintain this quality standard in all aspects of its business. This requires ensuring that things are done right the first time and that defects and waste are eliminated from operations.

PHILIP KOTLER


Dr. Philip Kotler (born 27 May 1931 in Chicago) is the S.C. Johnson & Son Distinguished Professor of International Marketing at the Kellogg School of Management at Northwestern University. He was selected as the #4 management guru of all time by the Financial Times (behind Jack Welch, Bill Gates, and Peter Drucker), and has been hailed by the Management Centre Europe as "the world's foremost expert on the strategic practice of marketing." Also considered one of the pioneers of social marketing.

Through his consulting firm, the Kotler Marketing Group (KMG), Dr. Kotler has consulted to many major U.S. and foreign companies - including IBM, Michelin, Bank of America, Merck, General Electric, Honeywell, and Motorola - in the areas of marketing strategy and planning, marketing organization, and international marketing.

tit bits

What is capitalism?


Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned. Under capitalism the state is separated from economics (production and trade), just like the state is separated from religion. Capitalism is the system of of laissez faire. It is the system of political freedom.

Tuesday, January 23, 2007

TOYOTA........


Katsuaki Watanabe
President




Executive Vice President Fujio Cho, Vice Chairman

Toyota´s new vice chairman has fulfilled decisive roles in honing the legendary efficiencies of the Toyota Production System and in globalizing the company's manufacturing. He headed Toyota´s vehicle-manufacturing subsidiary in Kentucky for six years in the late 1980s and early 1990s.




Toyota Motor Company Management

Shoichiro Toyoda, Honorary Chairman (center)

Iwao Isomura, Vice Chairman (left)

Hiroshi Okuda,
Chairman (right)

Jack Welch
Legendary Former CEO of General Electric

Jack Welch’s management success and skills during his many years at General Electric have been well published and documented. Welch turned the struggling slow moving giant of a company into a dynamic growth company revered by many.

During his 20 years of leadership at General Electric (GE) Welch increased the value of the company from $13 billion to several hundred billion. During his 20 year reign of General Electric, one of Americas largest and most well known companies Jack Welch's management skills became almost legendary.

He joined GE in 1960 and was elected Vice President in 1972 and Vice Chairman in 1979. In 1981, he became the eighth and youngest Chairman and CEO in the Company's 121-year history. He retired in the fall of 2001.

Since retiring from his role as GE Chairman in 2001 Welch has written a best selling memoir "Jack, Straight from the Gut" and consults with several Fortune 500 businesses.

Mr. Welch, a native of Salem, Massachusetts, received his B.S. degree in chemical engineering from the University of Massachusetts in 1957 and his M.S. and Ph.D. degrees in chemical engineering from the University of Illinois.


1) This company was called Lutsuko and later changed its name to something that literally means 'to lose money'. Which one?


*L' Oreal
*Sony
*Matsushita
*Honda

2) Which car in Spanish means 'Charming'?

*Matiz
*Santro
*Ikon
*Corsa


3) Which international brand had an ad campaign - 'Tomorrow is mine' and had signed Rahul Dravid for the campaign?

*Reebok
*Nike
*Pepsi
*Puma

4) This organisation has 1356 members and has the ad-line "the world put stock on us". Which organisation?

*NASDAQ
*LSE
*NYSE
*BSE

5) Of whom did Shahrukh Khan once say that 'our figures are similar'?

*Pierce Brosnan
*Roger Moore
*Sean Connery
*Cindy Crawford

6) Who designs jewellery for the company called Artex?

*Sonia Gandhi
*Priyanka Gandhi
*Menaka Gandhi
*Uma Bharthi

7) What is a coin with a minting error called ?

*FIDO
*DIDO
*LIDO
*NIDO

8) What is the name of the new FM channel introduced by India Today?

*Road
*Run
*Red
*Fun


9) What is 'Agfa' the trade mark for?

*Cars
*Tyres
*Photo Goods
*Agriculture Goods

10) Which international airline uses the slogan "Smooth As Silk" in its advertisements?

*Cathay Pacific
*Singapore Airlines
*Qantas
*Thai Airways



answers................

1)Sony, it's name was a tongue twister to many and had to be ultimately changed.

2)Matiz

3)Reebok

4)NYSE

5)Cindy Crawford, in fact, both Pierce Brosnan and Cindy Crawford model for Omega watches.

6)Priyanka, her hubby Robert Vadhera runs the costume jewellery export firm Artex.

7)FIDO

8)Red, It was launched on June 26, 2002 with the punchline 'Red is in your Head'.

9)Photo Goods

10)Thai Airways



hope you enjoyed it..... see you all soon guys bye for now

Saturday, January 20, 2007

dreamers will achieve...

hi friends... sounds silly.. but works well ...
i got a thought..

if we are going to start up a business after 5 years..
what should be our first step..
which business...
post your ideas....


by
raj..