Management Tools For The Solution of Professional Problems(Improvement of Quality)

1. Management Tools For TheManagement Tools For The
Solution of ProfessionalSolution of Professional
Problems(Improvement of Quality)Problems(Improvement of Quality)

2. There are 142 ways of positive thinking
process by which personal and professional
problems can be solved.
> What are Analytical techniques
An analytical technique is a procedure or
a method for the analysis of some
problem, status or a fact. Analytical
techniques are usually time-limited and task-
limited. They are used once to solve a
specific issue. Opposed to management
methods that affect management of
the organization in a longer term.

3. Basic and most widely usedBasic and most widely used
analytical methodsanalytical methods / techniques / techniques
BCG matrix
Brainstorming
Benchmarking
Gap Analysis
Mind Maps
Pareto principle 80-20 rule
Six Questions
SWOT Analysis

4. SWOT AnalysisSWOT Analysis

5. What is SWOT?What is SWOT?
Tool for analyzing an organization or group and
its environment
SWOT stands for
S=> Strengths ,
W=>Weaknesses
O=>Opportunities
T=>Threats .

6. Who Uses It & How?Who Uses It & How?
Used to:
◦ build on strengths
◦ minimize weaknesses
◦ seize opportunities
◦ counteract threats
Focus on turning weaknesses into
strengths, and our threats into
opportunities.

7. Why Use It?Why Use It?
•The main purpose of a SWOT analysis is to
better scope of judgement of the problem in
depth and help us to take better decision.

8. When to Use It?When to Use It?
To overcome our weaknesses.

9. SWOT Analysis ofSWOT Analysis of
McDonald’sMcDonald’s

10. STRENGTH for McDonald’s?STRENGTH for McDonald’s?
-Having the largest fast food market
share in the world

11. Which one is a WEAKNESS forWhich one is a WEAKNESS for
McDonald’s?McDonald’s?
—Changing customer habits and new
customer groups

12. Which one is an OPPORTUNITY forWhich one is an OPPORTUNITY for
McDonald’s?McDonald’s?
-Existing partnerships with many big
brand names

13. Which one is a THREAT forWhich one is a THREAT for
McDonald’s?McDonald’s?
—Trend towards healthy eating

14. SWOT ANALYSIS OF INDIANSWOT ANALYSIS OF INDIAN
ECONOMYECONOMY

15. IntroductionIntroduction
India is the 10th largest economy in world in
terms of GDP 3rd largest by PPP.
Population: 1.22 billion
Yearly increase: 18 million
Major group: 50% - 0 – 25 years
More than 1.53 billion people by the end of
2030.
Average life expectancy: 68.6 years
Economic growth rate slowed to around
5.3% for the 2012–13 fiscal year.

16. STRENGTHSTRENGTH
Agriculture
High percentage of cultivable land 56.78%
Huge English speaking population
Availability of skilled manpower
Extensive Higher Education
Diversified nature of the economy System
Third largest reservoir of engineers
High growth rate of economy
Rapid growth of IT and BPO sector brining
valuable foreign exchange.
Abundance of natural resources

17. WeaknessWeakness
 Very High percentage of workforce involved in agriculture
which involves only 17.2% of GDP
 Rural poverty leads horrible wave of suicides by indebted
farmers
 In rural India, about 34 percent of the population lives on
less than $1.25 a day
 Coal Mines Corruption – Illegal allotment and Kick Backs
 Inequality in prevailing socio economic conditions
 Poor infrastructural facilities
 Huge population leading to scarcity of resources
 Low literacy rate
 Unequal distribution of wealth
 Rural urban divide, leading to inequality of high standards

18. OpportunitiesOpportunities
 Scope for entry of private firms in various sectors for
business
 Inflow of Foreign Direct Investment
 Huge foreign exchange earnings
 Area of biotechnology
 Area of Infrastructure
 Huge Domestic Market
 Huge natural gas deposits found in India,
 Huge agricultural resources, fishing, plantation crops,
livestock
 Investment in R & D, engineering design
 Huge population of India in foreign countries .
 Vast forest area and diverse wildlife

19. THREATSTHREATS
Global economy recession/slowdown
High fiscal deficit
Volatility in crude oil prices across the
world
Growing Import bill -$461.4 billion
Population explosion, rate of growth of
population still high
Inflation: 6.87 per cent in July of 2012
Agriculture excessively dependent on
monsoons .