A Report on PATTERNS AROUND ATTRITION Grasim Industries Limited Staple Fibre Division Birlagram‚ Nagda By Abhishek Singh Chouhan‚ Alpine Institute Of Technology‚ Ujjain Literature Review OUR ASSEST WALK OUT OF THE DOOR EACH EVENING.WE HAVE TO MAKE SURE THAT THEY COME BACK THE NEXT MORNING. -NARAYAN A MURTHY (CHIEF MENTOR OF INFOSYS) Attrition in a work environment refers to a reduction or decrease in the size or strength
Premium Mechanical engineering Pareto chart Engineering
You should delegate the rest. Of course‚ you need a way to determine what the key things are on which you should be spending your time. Consider the Pareto Principle‚ or the 80/20 rule‚ which states that 20 percent of one thing (e.g.‚ your customers) yields 80 percent of results (e.g.‚ total company sales). In the case of your focus‚ the Pareto Principle says that 20 percent of your efforts yield 80 percent of the results you achieve. Therefore‚ the key is to identify what this 20 percent of your
Premium A Great Way to Care Richard Branson Pareto principle
Overview My firm was recently contracted to analyze the current effectiveness of a national insurance agency‚ particularly its call center. Within the original proposed contract‚ I will address several key issues. It is my intent that this practice will address and limit unpredictable behaviors‚ as well as unproductive commissions‚ especially with new clients. Some changes are conducted to enhance organizational effectiveness‚ all within the context of the values and strategic framework in place
Premium Customer service Vilfredo Pareto Pareto principle
Group 2 Samsung Electronics Executive Summary Recent quality related issues have put Samsung Electronics‚ one of the world’s largest technology companies at risk. These quality concerns‚ spiked through recent recalls and external complaints‚ have generated a flow of bad news coming to the desk of quality director Kevin Sarni. The issues most commonly found within the complaints related to display issues‚ customer service support‚ faulty electric components‚ audio‚ and safety. Of the main
Premium Customer service Service Customer
CHAPTER 1 QUESTION 1: Explain the concept of the 80/20 rule and why it is important to marketers. The 80/20 rule of marketing is derived from the broader Pareto Principle concept introduced by Italian economist Vilfredo Pareto in 1906. Pareto noted that the majority of wealth in a free market economy is concentrated within a relatively small group of people -- roughly 20 percent of the population. Importance of rule 80/20 to marketers: Marketing investment: relates to how money is spent on advertising
Premium Vilfredo Pareto Pareto principle Brand
JOSEPH JURAN 1.0 BACKGROUND He is known for • Pareto principle • Need for wide spread training in quality • Project by Project ‚program by program approach to quality • Definition of quality as fitness for use Like many activities in any organization are planned‚ quality management should also be planned. Juran’s work envisioned that in an organization‚ quality management does not happen by accident but has to be planned. Like Deming‚ he believed that most quality problems in an organization
Premium Management Quality assurance Joseph M. Juran
The Prisoners’ Dilemma in the airplane industry Games of Strategy Home Assignment Tamás Seres Introduction 3 The Prisoners’ Dilemma 3 An Oligopolistic market: 5 The Case Study 6 Conclusion 8 References: 8 Introduction In today’s world the Prisoners’ Dilemma is a common phenomenon in business‚ politics and in social life as well. This paper will analyze a real life example. It will describe the airplane manufacturing industry and their two giant manufacturers:
Premium Game theory Nash equilibrium Welfare economics
HANK KOLB CASE ANALYSIS The following are the problems that Kolb’s production line has to address: 1. Personnel - the operator of the filling equipment is not suitable for the job because of lack of knowledge and proper training 2. The filling equipment – the machine is not particularly designed for filling the Greasex cans. It was originally made for other purpose. 3. Maintenance – there is no definite schedule of preventive maintenance for the filling equipment.
Premium Causality Customer Pareto chart
Dsn S 183: Lecture 11 (October 3): Kitsch‚ Camp‚ and the Double Eagle Slide Identifications. Be prepared to recognize‚ identify‚ or discuss any of these images in a future exam: 1-3. Examples of kitsch: pink flamingos‚ garden gnome‚ Hello Kitty stationery‚ Precious Moments figurines‚ painted plaster Pietà. 4. Photo of Thomas Kinkade with one of his works. 5. Thomas Kinkade. Happy Valley‚ c. 1990. Mass-produced lithograph copy of original oil painting. 6. Photo of Jeff Koons with one of his works
Premium Palace of Versailles Central Park Louis XIV of France
SCM Classification: ABC/XYZ Analysis – DEMYSTIFIED Table of Contents 2 Introduction 3 3 Why ABC and XYZ only? 4 4 The ABC Analysis 5 4.1 The Details 5 4.2 The Steps 5 4.3 Limitations of ABC 6 5 REFERENCES 6 6 ABOUT AUTHOR 6 1 Introduction This is the sequel of my quest to relate management with life. The theories of Evolution of human may be “Survival of the Fittest” or “Selective Elimination of non-adaptors” applies in our day today lives too. As much as the industry focuses on revenue‚ profits
Premium Inventory Supply chain management Supply chain