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Product life-cycle

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Product life-cycle Definition : The product life-cycle (PLC) refers to the different stages a product goes through from introduction to withdrawal. The product life-cycle refers to a likely pathway a product may take. It has implications for the marketing strategy of a firm as it seeks to introduce, grow and maintain market share. In this case, the product has four stages: Introduction  – when the product is introduced and struggles to gain brand recognition Growth  – advertising and word of mouth helps the product to increase sales. As sales growth, more firms are willing to stock the product which helps the product to grow even further. Maturity  – When the product reaches peak market penetration. Decline  – the product gets eclipsed by new products Example of the Product Life Cycle 2018 Introduction  –  Self-driving cars . Self-driving cars are still at the testing stage, but firms hope to be able to sell to early adopters relatively soon. Growth  – Electri
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KPI-Key Performance Indicator

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A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs to evaluate their success at reaching targets. Learn more: What is a key performance indicator (KPI)? Selecting the right KPIs will depend on your industry and which part of the business you are looking to track. Each department will use different KPI types to measure success based on specific business goals and targets. Find out what types of key performance indicators are relevant to your department, industry, or role: Types of KPIs. Once you’ve selected your key business metrics, you will want to track these KPIs in a real-time reporting tool. KPI tracking can be done using dashboard software, giving your entire organization insights into your current performance. KPI Best Practices Measuring and monitoring business performance is critical, but focusing on the wrong key performance indicato
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Recommended HR KPIs

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Here is a list of recommended KPIs for HR. Your choice of the specific KPI and the specific way to use it depends on your current business objectives. Each KPI in the list is a result of a detailed analysis. Before you start using a specific KPI, I recommend for you to follow the relevant link. Also, check “HR KPIs in the Balanced Scorecard” section with my recommendation of an automation software. HR Hire I know there are 20+ HR Hire KPIs that you might have found. The problem is that these KPIs have nothing to do with your strategy: HR Turnover (why it is useless and how to replace it) Time to fill (why it is useless and how to replace it) Actual versus budgeted cost of hire Average interviewing costs Female to male ratio I suggest starting with this HR Hire KPIs: Time to find required number of qualified candidates . Learn more about this KPI in the article. Yield Ratio, %.  (Number of leads from recruitment method / Number of candidates invited to interview) x
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The Best HR KPIs Aligned With Company Strategy

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This article will summarize a long research that was done for various kinds of HR KPIs. Below you will find the list of KPIs that I recommend for a Human Resource department. This is not another “50+ KPIs for HR” list. I’m giving you not just the KPIs, but detailed instruction about how to use specific KPIs and why I think these are the best choice for your business. I invite you to read the article, and then try to implement these HR KPIs in your business and share your experience in the comments. Why do HR managers and executives need KPIs? The goal of any HR specialist is to help a company achieve its business goals by finding and hiring the right people, and then training and managing them in the right way and ensuring the consistency of the process. While the goal and the strategy of HR might be clear, how could one tell that their HR department is on the right track? Is the HR strategy being executed effectively? Key Performance Indicators (KPIs) will help in
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APJ ABDUL KALAM QUOTES

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കളിമണ്‍ പാത്രങ്ങള്‍ കത്തി നശിക്കാറില്ല ... !

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ഡോ: എ.പി.ജെ. അബ്ദുൾ കലാം എഴുതിയത്:           കളിമണ്‍ പാത്രങ്ങള്‍ കത്തി നശിക്കാറില്ല ... ! തീ പിടുത്തത്തില്‍ വീടും വീട്ടുപകരണങ്ങളുമെല്ലാം വെന്തെരിഞ്ഞാലും നിസ്സാരമായ കളിമണ്‍ പാത്രങ്ങള്‍ കത്തിനശിക്കില്ലെന്നു മാത്രമല്ല , കൂടുതല്‍ കരുത്ത്‌ നേടി ബാക്കിയാവും ..... ! കാരണം മറ്റൊന്നുമല്ല , അതിലേറെ വലിയ തീച്ചൂളയില്‍ നിന്നാണ്‌ അവയുണ്ടായത്‌. വെന്ത്‌ വെണ്ണീരാകാത്ത ഉള്‍ക്കരുത്ത്‌ കളിമണ്‍ പാത്രം കൈവരിച്ചത്‌ ചുട്ടുപൊള്ളുന്ന അഗ്നി കുണ്‌ഠത്തില്‍ നിന്നാണ്‌ . ജീവിതത്തിലെ കരുത്താണ്‌ ദുഃഖാനുഭവങ്ങള്‍ . പ്രതിസന്ധികളുടെ എത്ര വലിയ പെരുംകാറ്റിലും ഉലഞ്ഞുപോകാത്ത ഉറപ്പുനൽകുന്നത്‌ മുമ്പ്‌ അനുഭവിച്ച ചെറുതോ വലുതോ ആയ പ്രതിസന്ധികളാണ്‌ . വാഹനത്തിന്റെ വലതുഭാഗത്തൊരു കണ്ണാടി എന്തിനാണ്‌ ... ? പുറകിലെ കാഴ്‌ചകള്‍ കാണാന്‍ .... !  പുറകിലെ കാഴ്‌ചകള്‍ ഭംഗിയായി കാണുമ്പോഴേ മുന്നോട്ടുള്ള യാത്ര സുഖകരമാകൂ .... ! കഴിഞ്ഞകാലത്തെ കണ്ണീര്‍കാഴ്‌ചകള്‍ ഈ കാലത്തെ ശക്തിയാണ്‌ . ഇന്നനുഭവിക്കുന്ന സങ്കടങ്ങള്‍ നാളേക്കുള്ള ശക്തിസംഭരണമാണ്‌ ...... ! അതു കൊണ്ട് ജീവിതയാത്രയിൽ അടിപതറാതെ ധൈര്യമായി മുന്നോട്ടുള്ള യാത്ര തുടരുക... എല്ലാവർക്കും നല്ലൊരു ദിവസം
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Never be too quick to judge a book by its cover!!!!

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An old lady handed her bank card to a Bank teller and said, “I would like to withdraw $500”. The female teller returned the card to the old lady and told her, “For withdrawals less than $5,000, please use the ATM”. The old lady asked, “Why?” The teller irritably told her, “These are the rules. Please leave if there is no other matter. There is a queue behind you". The old lady remained silent. But she returned the card to the teller and said, “Please help me withdraw all the money I have in my account” The teller was astonished when she checked the account balance. She nodded her head, leaned down and said to the old lady, “My apologies Granny, you have $3.5 billion in your account and our bank does not have so much cash currently. Could you make an appointment and come again tomorrow?" The old lady then asked, “How much can I withdraw now?” The teller told her, “Any amount up to $300,000.” The old lady then told the teller that she wanted to withdraw $300,000 from her a
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