HR VAANI

  Any organisation which aims at grand success in competitive world can learn a lot from the management practices of excellent corporations. Such practices serve as the Benchmarks. benchmarking is continuous search for an application of significantly better practices that lead to superior competitive performance. According to to Robert C Cam, " benchmarking is the search for industries best practices that lead to superior performance." It is practice of measuring and comparing key aspects of an organisation with those in other organisations to establish measures of relative performance and Discover areas of improvement.  In the word of David Kearns of Xerox Corporation," Benchmarking is the continuous process of measuring products, services and practices against the toughest competitors or those companies recognised as industry leaders." Benchmarking, is a tool of strategic management, that allows the organization to set goals and measure productivity, on the basis ...

  Sigma is a business management strategy which aims at improving the quality of processes by minimizing and eventually removing the errors and variations. The concept of Six Sigma was introduced by Motorola in 1986, but was popularized by Jack Welch who incorporated the strategy in his business processes at General Electric. The concept of Six Sigma came into existence when one of Motorola’s senior executives complained of Motorola’s bad quality. Bill Smith eventually formulated the methodology in 1986. Quality plays an important role in the success and failure of an organization. Neglecting an important aspect like quality, will not let you survive in the long run. Six Sigma ensures superior quality of products by removing the defects in the processes and systems. Six sigma is a process which helps in improving the overall processes and systems by identifying and eventually removing the hurdles which might stop the organization to reach the levels of perfection. According to sig...