Skills

Skills

Some Thoughts about Talent

21st Century is all about knowledge and skill

Complexity and interconnectedness are increasing, however, there is quick obsolescence – product and technology life cycles are shrinking dramatically. In the current scenario specific skills have a very low “shelf life”. There has been tremendous change in both functional and domain specific knowledge.

Tools to accomplish functional tasks are being overhauled and changed very very rapidly and an individual will to need to refresh her/himself at least two to three times during her/his tenure in a particular role. Therefore, apart from specific task based skills, ability to execute requires ability to learn as a key attitudinal requirement.

This blog will explore how to create a marketable package of skills, identify emerging areas and anticipate obsolescence.

Thursday, September 18, 2014

Concept of Business Process

In any organization, the vision is met through goals and a road map to achieve the goals.
Goals are achieved using resources, by breaking down the work into manageable tasks and Standardizing the method of doing the tasks.

Organizations require to set Quality, Time and Cost (QTC) targets for the tasks. Process are required for standardization, to meet the QTC targets and to link the tasks to reach the goals

Elements of a Process:

Task
  • There is a standard procedure to perform each task
  • Some tasks require tools to execute
  • Tools are useful also to automate tasks
Work flow
  • A process typically has a series of tasks connected by a work flow
  • Work flows can also be automated
Hand –off item
  •  At the end of a process either a physical item and / or information is handed off to a consumer
The picture below gives a schematic of a business process.


We will discuss some of the terms given in the picture in our next post.




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