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Pareto’s Principle: 80–20

I read this principal and I want to share with you all, if we talk about . who’s this Pareto guy and why do we care? Well, Pareto was an Italian economist. He observed that, in any give endeavour, 80 present of the rewards we receive come from only 20 present of the effort. He’s telling us that only 20 present of the work we do will lead us to most of the rewards in life.  That’s pretty depressing! We will be rewarded for only 20 % of the work we do? Well, not quite, but most of our reward does come from a very small percentage of our work. So what does it mean to us? How do we use this information? Knowing this allows us to prioritize our work appropriately. We will want to put the things that we believe will bring us the proper rewards A: Personal B: Professional C: Organizational—high on our priority list and everything else lower.   Important..... As we think about arranging our work, we need to remember Pareto’s Principle.

Googal plus Vs Facebook

Since the launch of Google Plus, I started comparing Facebook and Google Plus. It is a brand new social network created by Google. Everybody wanted to compare the features of these 2 giants. I noticed few points…. The pluses of Google+ over Facebook Google hangout is far better than the Facebook video chat Google+ provides better privacy and well layered grouping – Circles Google+ does not have annoying applications like facebook (may be yet) Google+ is simple and cute – May be just because it is new Google+ uses the google chat for chatting. It is much better than facebook chat The minuses of Google+ over Facebook Google+ lacks a number of features that facebook has (Since it’s new and beta) Google+ does not have anything special for a typical facebook freak who does not care much about privacy Google+ does not have an own powerful branding as a social network I can say I like booth. as results are sowing googal plus is

Company culture and environment very important part of Organization

A culture and environment is the values, ethics and practices collective by the members of the group. Company culture and environment is important because it can change the direction of your company. Some studies report the difference at 150% or more. To achieve results like this for your organization, you have to figure out what your culture is, decide what it should be, and move everyone toward the desired culture. Company cultures evolve and they change over time. As employee leave the company and replacements are hired the company culture will change. If it is a st

Tools of problem solving

Good problem solving skills empower managers in their professional and personal lives. Good problem solving skills seldom come naturally; they are consciously learnt and nurtured. The range of good problem solving skills includes: • developing creative and innovative solutions; • developing practical solutions; • showing independence and initiative in identifying problems and solving them; • applying a range of strategies to problem-solving; • applying problem-solving strategies across a range of areas; What is a Problem? 1. A problem is an opportunity for improvement . “Every problem has a gift for you in its hands,” problem” and “opportunity The questions such as: • Is there more than one "problem” and “opportunity? • Is it my personal "problem” and “opportunity? Is it the organization’s problem” and “opportunity? • Is it an actual "problem” and “opportunity or just an annoyance? • Is this the real "problem” and “opportunity, or merely a

Food Storage Problems in India

We have one good news for our country straggling we have bumper crop but food inflation is going high , it is not going to happen the crisis in food management has been underline again and again We have weakest link storage in supply chain. The combination of storage capacity of food corporation of India , central warehousing corporation of India the various state warehousing corporation adds up to 63.63 million tonnes that is even less than the 65.60 Mt grain stock listed in the central pool in I Jan 2011 More over the problem of storage is compounded as the prices are not determined by the demand and supply of market. The government fixed minimum support price (MSP) for key crop that is usually might higher than open market. For instance, in 2010 -11 the open market price for wheat was less than Rs. 1000 per quintal, while the MSP was Rs 1180 per quintal This of course, results in the huge pile up of stock with the government which it finds difficult to store and man

Lots of bills, No Acts: Government is Busy in passing Time

The government of India is busy in passing the time, and no policy is getting passed: When the house is on fire, everyone will be busy dousing the flame. Who will go to thing structural improvement to it? UPA part 2 which came in with a thumping majority in May 2009 since it had debated a decisive mandate many expected several key reform to be pushed in first or three year of governance On the contrary that’s scams comes in picture Commonwealth Games, Adersh scam, 2G Spectrum, Anna Hazare and Baba Ramdave movement and fast What government is doing? What is going to happen with Look Pall Bill? Tax reforms: We are still waiting the goods and service tax (GST) was meant to come into force by April 2010, it was announced that the new tax regime would be implementation by April 2012, Most of the bills are still pending: the food security bill, the right to education, the women reservation bill has not been approved by parliament and become an act. Thirty eight bills of 2010

Learning from 3 Idiots

1. Never try to be successful, pursue excellence Success is the bye product & the result Excellence always creates Success & it is a process of continual improvement Never run after success 2. Freedom to Life- Life is beautiful Don’t die before the actual death Live every moment to the fullest as if today is the last day Life is gifted to humankind to live 3. Passion leads to Excellence When your hobby becomes your profession , the passion becomes your profession You will be able to lead up to excellence in life Satisfaction, Joy, Pleasure & love will be the outcome of the passion Following your passion for years , you will surely become somebody one day 4. Learning is very simple-Never stop Be humble Teachers do fail, Learners never fail Learning is never complicate or difficult Learning is always possible whatever rule you apply 5. Pressure at head Current education system is developing pressure on students head University intel