The Shingo Prize for operational excellence: rewarding world-class practices Satya S. Chakravorty* Department of Management and Entrepreneurship Michael J. Coles College of Business Kennesaw State University 1000 Chastain Road Kennesaw‚ GA 30144–5591‚ USA Fax: 770.423.6606 E-mail: schakrav@kennesaw.edu *Corresponding author J. Brian Atwater Department of Business Administration Jon M. Huntsman School of Business Utah State University 3510 Old Main Hill Logan‚ UT 84322–3510‚ USA Fax:
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CHAPTER ONE Email:hamsasons@yahoo.com CHAPTER TWO LITERATURE REVIEW Introduction This chapter reviews relevant literature on Standard Chartered Bank Ghana Limited‚ the Ghanaian Banking Industry‚ Regulation and Basel II‚ and Operation Risk Management (ORM). Standard Chartered Bank Ghana Limited Standard Chartered Bank Ghana Limited (SCBGL) is a 65% owned subsidiary of Standard Chartered Holdings (Africa) BV which‚ in turn is owned 100% by the Standard Chartered PLC of United Kingdom (UK)
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Business Operational Plan As a business plan reviewer and analyst‚ I find it amazing how many entrepreneurs give this section the least weight or skip it altogether. The operational plan is an essential component to your business plan and it tells the reviewer how your going to get your product/service out to market. That is‚ how are you going to get your product out of the production stage to the doorstep of you target customer. I know‚ the operational plan may seem mundane but it will outline
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Patrick Blackett is known as the father of operational research and most of his work was done in and around Britain during the WWII era. During the years of 1940 to 1945‚ Blackett participated in many projects to aid the allied members in combating the axis powers. Some of his projects included creating the air-defense grid for Britain‚ improving ship convoy strategies‚ improvements to vehicle armor plating‚ as well as many other works. He was responsible for beginning the work that ultimately led
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Operations Research. Briefly explain the techniques and tools of Operations Research. 1. Operations Research Methodology 2. Techniques and tools of Operations Research Ans 1: Operations Research Methodology Operations Research (also called Management Science) is the study of scientific approaches to decision making. Through mathematical modeling‚ it seeks to design‚ improve and operate complex systems in the best possible way. The mathematical tools used for the solution of such models are
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Introduction Michael O’Leary is the abrasive chief executive of Europe’s largest low-cost airline Ryanair . His dogged unrepentant style was a winning strategy for an upstart airline trying to establish itself. His obsession with cutting costs as well as trying to always put one over on the large national carriers is what makes him appear arrogant to most people. His press conferences are usually very theatrical; it is not unusual to see him dress up as any thing from the Pope to‚ a large Mobile
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Historical Perspective of the Classical Theories of Management Today ’s managers have access to an amazing array of resources which they can use to improve their skills. Unlike todays managers‚ those Managers in the early 1900s had very few external resources to draw upon to guide and develop their management practice. But thanks to early theorists like Frederick Taylor‚ Max Weber and Henri Fayol among others. Managers began to get the tools they needed to lead and manage more effectively from
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other civilizations‚ others credit Roma. It is not our intention to say who land may be considered the motherland of education‚ but to answer questions such as: How was education in ancient times? What is the impact ancient civilizations have had in modern education? What contribution did they make to education in our days? Part I Ancient Greek education. The goal of education in the Greek city-states was to prepare children for adult activities as a citizen. Greece was divided in city-states
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The first trigonometric table was apparently compiled by Hipparchus‚ who is now consequently known as "the father of trigonometry."[3] Sumerian astronomers introduced angle measure‚ using a division of circles into 360 degrees.[4]They and their successors the Babylonians studied the ratios of the sides of similar triangles and discovered some properties of these ratios‚ but did not turn that into a systematic method for finding sides and angles of triangles. The ancient Nubians used a similar methodology
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Management Practices Traditional vs Modern Innovative In last many years‚ few management accounting innovations has been developed. Managers have to make decision on a daily basis as well make decisions regarding the future and how to survive and grow in an energetic market place with ever growing uncertain circumstances. Traditional or modern management accounting system give relevant information to all levels of management‚ financial and other information to make decisions about planning‚ control
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