SlideShare a Scribd company logo
MANUFACTURING INDUSTRY
NEHA JOSHI
A- 58
KNOWLEDGE MANAGEMENT
INDUSTRY PRACTICES FOLLOWED BY THE
COMPANY
Agility
Frugality
DNA of
the
company
AGILITY
• Agility means ability to deliver faster results
consistently.
Speedy
Response
Adapt
Quickly
to
changes
Quicker
Decision
Making
Domain
Knowled
ge
•Response to email in 2
working days
•Working without
Reminders
•Be sensitive to other
urgencies
•Curiosity to know the
changes
•Challenging the status
quo
•Willingness to learn
•Delegating authority
•Creating Empowering
Environment
•Appreciating quick
decision making
•Encouraging
Innovation and
accepting failure
•Risk assessment and
Risk inventory
•Willingness to learn
from mistakes.
CONTINUE..
Alertness to
environmental
changes
• Knowledge of
industry benchmark
practices
• Data driven
decision making
• Regular updating
oneself
Willingness to
change fast
• Pursue new
approaches
• Be open to new
ideas
• Flexibility
towards change
Right balance
of process vs
consistent result
• Urge to deliver
quality
• Not taking
shortcuts
• Means are as
important as ends
CHANGES ADOPTED BY THE COMPANY
• Production capacity of the company has been
doubled in the recent years
• This has been achieved without much
investment.
• The optimum utilization of the available
resources has helped to achieve the target
• From here Frugality comes into the picture
FRUGALITY
Frugality means to be economical in terms of usage
• Supporting cost effective functioning
• Being purposeful
• Looking for alternative solutions to
optimize
Optimum
resource
utilization
• Sensitivity towards value of time
and money
• Ability to work with the available
resources
Indigenous
mindset
CONTINUE..
Thrifty
• Thinking
towards
recycling the
resources
• Awareness of
constraints
• Careful about
spending
Focus on need
vs want
• Prioritizing
the needs
• Be empathetic
to others
• Ability t use
analytics in
understanding
No Frills
• Balance
between
functionality
and aesthetics
• Eradicating
complexity
• Simplifying
process
CONSIST QUALITY
First Time
Right
Every Time
Right
Delightful
Customer
Experience
THANK YOU

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Knowledge Management

  • 1. MANUFACTURING INDUSTRY NEHA JOSHI A- 58 KNOWLEDGE MANAGEMENT
  • 2. INDUSTRY PRACTICES FOLLOWED BY THE COMPANY Agility Frugality DNA of the company
  • 3. AGILITY • Agility means ability to deliver faster results consistently. Speedy Response Adapt Quickly to changes Quicker Decision Making Domain Knowled ge •Response to email in 2 working days •Working without Reminders •Be sensitive to other urgencies •Curiosity to know the changes •Challenging the status quo •Willingness to learn •Delegating authority •Creating Empowering Environment •Appreciating quick decision making •Encouraging Innovation and accepting failure •Risk assessment and Risk inventory •Willingness to learn from mistakes.
  • 4. CONTINUE.. Alertness to environmental changes • Knowledge of industry benchmark practices • Data driven decision making • Regular updating oneself Willingness to change fast • Pursue new approaches • Be open to new ideas • Flexibility towards change Right balance of process vs consistent result • Urge to deliver quality • Not taking shortcuts • Means are as important as ends
  • 5. CHANGES ADOPTED BY THE COMPANY • Production capacity of the company has been doubled in the recent years • This has been achieved without much investment. • The optimum utilization of the available resources has helped to achieve the target • From here Frugality comes into the picture
  • 6. FRUGALITY Frugality means to be economical in terms of usage • Supporting cost effective functioning • Being purposeful • Looking for alternative solutions to optimize Optimum resource utilization • Sensitivity towards value of time and money • Ability to work with the available resources Indigenous mindset
  • 7. CONTINUE.. Thrifty • Thinking towards recycling the resources • Awareness of constraints • Careful about spending Focus on need vs want • Prioritizing the needs • Be empathetic to others • Ability t use analytics in understanding No Frills • Balance between functionality and aesthetics • Eradicating complexity • Simplifying process
  • 8. CONSIST QUALITY First Time Right Every Time Right Delightful Customer Experience