jump to navigation

Target Zero – Improve yourself, slowly & gradually November 27, 2008

Posted by Sandeep in Self-Improvement.
5 comments

NOTICE: This post is official entry into the Litemind.com’s (link here) Personal Excellence Contest.

 

image In this interesting post, I present one of the techniques of  Quality management which is used in many organizations in many contexts. Evidently, most of the quality management techniques used in business organizations can also be applied in real life  such as Kaizen or Root cause analysis. So, target zero can also be applied in personal lives to achieve goals or improve one aspect or the other.

Brief Introduction

Set a target for yourself to achieve zero occurrence of something that you want to avoid or eliminate (such as no. of unsettled customer complaints or the no. of unread emails in your inbox)

Why Target Zero?

Because even at the perfection rate of 99% of manufacturing airplanes, it  may mean 10 airplanes per 1000 turn out to be defective (quite costly and life-threatening).

Because even at the perfection rate of 99% in construction safety, it may mean 10 people being injured per 1000.

So, target zero may be pursued in  the higher interest of achieving the perfection rate of 100% slowly, gradually but finally in reaching the ultimate objective of zero-tolerance & occurrence of something we wish to avoid.

Quick Examples (to let you understand the concept)

  • Target Zero grammatical mistakes in a document,
  • Target Zero unread or not-replied e-mail at the end of the day,
  • Target Zero cigarettes you smoke in a day ,
  • Target Zero use of credit card for a week to cut on expenses,
  • Target Zero day(s) of not going to gym for exercise.

Some more inspirational examples (world would have been a better place if could achieve these)

  • Target Zero rate of poverty in the world
  • Target Zero terrorist attacks in the world
  • Target Zero new HIV aids cases in the world

Are we too optimistic? In India, we have Target Zero rate of new polio cases every year (and its quite successful as no. of new polio cases have gone down dramatically.)

One Take Away from the idea of Target Zero

Even if you are not able to achieve your target you are slowly moving towards achieving it and hopefully are in a better position than you were before you set the target for yourself.

Foundations for Setting your Target Zero

 image

Four Pillars Of Target Zero

1. Concrete Goal: There should be some goal or objective behind your target which you wish to achieve.

Example: You want to reply all the mails in your inbox or you want to read 20 books till the end of the year.

2. Zero Tolerance: You should have zero tolerance attitude towards any exceptions to your ultimate goal or objective. This may be that 1 not-replied email remaining in your inbox or that 1 chapter remaining to be read to help in achieving your objective of 20 books per year. Just reply to your mail or finish off your chapter to achieve your Target Zero.

3. Time Bound: Not all your “Target Zero’s” need to be time bound, but it may help to asses & ponder over later if you have set a time limit. Your target zero may be time-bound for a day, a week, a fortnight or may be a year.

4. Result-oriented: You must be result oriented i.e. framing the Target Zero will not suffice at all ,you need to constantly asses your performance. Are you living the promise you made? Are making some progress compared to the time when you had not set the Target Zero for yourself.

You may continue reading the post to learn more about the Target Zero & helpful hints & tips in setting your own Target Zero.

(more…)

On Being a Management Student: A New Perspective November 9, 2008

Posted by Sandeep in Uncategorized.
add a comment

It’s really funny when your relatives poke you in the stomach and ask “ah! Bachelor of Business Administration, but son really what you are supposed to do?” Next year I will be management graduate and I have faced so many people that have posed that question to me. People think commerce at plus two, and a BBA in college what the hell you intend to do with your life. People, often from the non-commerce & non-management background, ask me: You have got no specialization or technical knowledge, unlike medical & non-medical students, what you are going to do rest of your life. Here is the answer to all of you science & engineering students, what management student aspires & is supposed to do.

I may not know how to assemble an airplane or how to fly it but I can manage the team of six members who may be assisting in safe landing of that airplane.

I may not know the chemical formula of the life saving drug, but I can help you in filing the patent application for it & obtaining the selling rights in particular region.

I may not know how the light bulb works, but I can devise the marketing mix so that the light bulb reaches the home of the needy and may just light the home at the right moment.

I may not know how the car engine works, but at the service station I may ensure that your vehicle is properly serviced using stringent quality checks.

I may not know how each and every machine of your football factory works, but I can help you in preparing the tender & contract documents, and help you to obtain export license so that you may start exporting the footballs right away.

I may not know how to treat your patient, but surely, I can manage the procurement of the machinery that may help you in diagnosing & treating the patient.

I may not have crores of rupees to invest and become a self made entrepreneur… but I can put together a feasibility study and gauge the market viability of your product and idea so that you may not lose your money.

I may not know much about teeth, but I can study your target market, do media planning & scheduling as well as media buying on your behalf so that your dental clinic may attract the maximum customers.

I may not know the engineering or its fundamentals, but I can help you manage the construction project and ensure that it is delivered on time without compromising on quality.

I may not know computer programming, but I will make sure that my company’s Customer Relationship Management system is working properly so no customer’s complaint is turned away.

I may not know how to design the building architecturally but I can help you assess the environmental damage it will cause and put together environmental impact assessment report so environment is damaged in least possible manner.

Managing By Leading and Future Manager: That is what I am supposed to do and that is what I supposed to be, quite respectively.