News Articles for the Business Category

Jan 13th 2021

Toyota: Reforming Our Company to Become a “Mobility Company”

Toyota’s growth to date is within the established business model of the automotive industry. In light of technological innovations in “CASE,”* the very concept of the automobile is on the verge of major change. Given this situation, we must transform our business model into one that is in line with the CASE era.… Read more

Apr 21st 2020
Jun 27th 2016

Improving productivity

What is the best way to do the tasks in your to-do list: finish the easy tasks first or take the most important tasks first? Charles Duhigg in his book Smarter Faster Better: The Secrets of Being Productive in Life and Business, writes that according to a psychologist that he interviewed genuine productivity grows from starting a to-do list with larger goals and then splitting them up into bite-sized “smart” goals. … Read more

Jun 20th 2016

Conflict management

The word conflict commonly brings negative emotions. It is true that many team and organisational conflicts are dysfunctional and sap resources.  However, it is a mistake to think that conflicts are inherently unhealthy! To find more why, listen to this Ted talk called Dare to Disagree by Margaret Heffernan.… Read more

Jun 13th 2016

Capacity or flow problem?

When organisations are unable to get through what they want, they tend to add additional resources (machines, people, space, etc.) hoping to improve throughput.  This approach may work, but it definitely increases cost per unit and increases organisational complexity.  The problem may well be due to lack of flow.   … Read more

May 23rd 2016

Scrum framework for managing projects

Scrum is part of Agile project management movement.  While initially it was used for software developmental projects, it is now used extensively in many industries. It borrows many principles from lean manufacturing. Read more…… Read more