What is 360 Degree Feedback ? A 360 degree feedback is a process through which feedback from an employee’s subordinates, colleagues, and supervisor, as well

What is FMEA? Also called: potential failure modes and effects analysis; failure modes, effects and criticality analysis (FMECA) Begun in the 1940s by the U.S.

What is Efficiency and Effectiveness? Efficiency and effectiveness are not the same thing. Efficiency is defined as the ability to accomplish something with the least amount of wasted

What is Lean Manufacturing ( Lean Production )? Lean manufacturing (Lean Production) is a methodology that focuses on minimizing waste within manufacturing systems while simultaneously

What is Problem Solving? Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for

Leadership and Management Differences Management consists of controlling a group or a set of entities to accomplish a goal. Leadership refers to an individual’s ability to