ThinkTank
Tuesday 28 July 2015
BUSINESS INSIGHTS TO START /GROW / MANAGE ANY BUSINESS
BUSINESS INSIGHTS TO START GROW MANAGE ANY BUSINESS: DO YOU WANT TO START GROW MANAGE YOUR NEW BUSINESS EXISTING BUSINESS AND DONT KNOW WHAT TO DO AND HOW TO DO THEN CONSULT AND ATTEND THE INTRODUCTORY SESSION OF RENOWNED BUSINESS ADVISOR AND MANAGEME
Tuesday 2 June 2015
IS YOUR BUSINESS IN LIQUIDITY CRUNCH?
Every small and medium
business is talking about liquidity crunch.
I thought why not write a blog for same and I am here;
Dear Friends, whenever
any new news comes, we immediately pick that and especially when it is very
well be used in a business communication , some of the news which was quite
popular and used quite often by many of us to avoid the financial
responsibility. Some of the popular work
to highlight “ Bhai Election ka time hai, Dhanda Manda hai , Bhai March Hai Dhanda
tight hai sambal ho , After Election teji ayega, thoda rukhja bhai ” and now
the latest trend in the business market is “ Bhai liquidity problem hai , paisa nahi ha raha hai ” I am sure
many of us have heard this and many of us might also used it, friends I have a
question for you of that in what direction
are we going and are we running the business rightly
and in a right direction ? It is a question one should ask with themselves and
try to find out the answers ?
With this, I am sure you will get
the answer but you will justify your answer by saying “ Kya Karu Bhai, Majburi hai ”
Friends, such things in business
will not help one to grow in business. There is never a right time for
business. We need to bring the right time for business, whatever business you
are into. The real problem is not with
the market, it is with your business and its management, particularly with your
Finance management. Accept it or leave
it. It is on you and it is true.
Many of us have incurred their business
expenses in expectation of increase in the business and whereas some are not
taking any measures to improve their business, some have good business but they
are just playing with it. Are you among
those who wait for news to come and use it in business communication and while
honoring financial responsibility? If yes ! Stop such things and start business
by following the very ground rules of any business to grow and which make you
to succeed. Some of the ground rules to
be taken care:
1) Manage
your business before your business start managing you.
2) Follow
and maintain business integrity irrespective of your business.
3) Budget
your business Income and Expenditure at regular intervals.
4) Forecast
your business, understand your risk appetite.
5) Run
every business independently with its separate Books of Accounts.
Following these simple rules in your
business for managing financial responsibility, can make your business to grow
and expand to the next level.
Thanking You…Yours Arjun , Reach me
@ arjun@arjunamanchi.com.
Sunday 20 July 2014
5S Principles of Housekeeping
5S is methodology for organizing, cleaning, developing
and sustaining a productive work environment. The methodology originates from a
Japanese housekeeping idea named because of the five Japanese words each
beginning with “S”. They are “SEIRI”, “SEITON”, “SEISO”, “SEIKETSU” and
“SHITSUKE”
Definitions
SEIRI (SORT)
– Segregate what is needed, needed later, and not needed. Discard what is not needed. Segregate needed items by frequency of use. Dispose
the items in red tag area- sold, moved or given away.
SEITON (SET
IN ORDER) - It means that you arrange the needed items so that they are easy to
use and label them so that anyone can find them. Use the “PEEP” principle i.e. Place
for Everything and Everything at its Place to keep things
in order.
SEISO (SHINE
OR SCRUB) - Clean everything like floors, equipments, machines, furniture etc.
SWEPT and CLEAN inside and out to keep those items tidy.
SEIKETSU (STANDARDIZATION)
– Create the ground rules for maintaining and controlling the first 3S’s and usage
of visual controls.
SHITSUKE (SELF
DISCIPLINE) – DO things without being told. Train everyone in workplace to
follow good work habits so that it is a matter of personal pride and self-respect.
All the staff, as well as housekeeping
personnel need to be trained in 5S Housekeeping principles to implement self-discipline.
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