Resolving Global Concerns With Open Innovation

Scientific
technologies and internet advancements had made it easier for reputed
brands to attain success in terms of better revenues, marketing,
branding and product development. With great success comes greater
responsibilities. The responsibility of making the world a better place
to live. Corporations and institutions officially term this act as
“corporate social responsibility” where they give back to the society
whose resources have been used by them to achieve their objectives. In
addition to that, there are certain organizations that addresses
critical environmental and health concerns and resolve them. When it
comes to working things out, records have proven that open innovation is
the appropriate option.

Imagine
H2O, a non-profit organization in the United States have been carrying
on multiple open innovation practices to gather innovative ideas for
tricky water issues. One of them had been the 2010 Water Energy Nexus
Competition that declared a winning amount of $100,000 for
companies/individuals whose ideas can help to minimize the amount of
energy needed to treat and move water and wastewater. The open idea
capture campaign has attracted more than 50 teams from regions such as
Canada, Australia, Netherlands and Singapore with revolutionary ideas
that resolved the concern with ease and precision. Furthermore, the
ideas also had suggestions that can be used for other allied water and
wastewater treatment issues.

It has been observed that when a
company crowdsources for an agenda, it gathers a huge pool of opinions,
inputs and viewpoints that carry potential solutions for other poignant
issues that the company might encounter sooner or later. Crowdsourcing
allows a company to present its concern or objective to the mass at
large, enabling the ideas and solutions to be a perfect blend of quality
and quantity.

Understanding The History Of Retail Sales

Most of us have been to a retail store before, whether it has been to buy a new outfit, special occasion jewelry or appliances for our home. One thing that plays an important part in the retail industry is the history of retails sales.

The Sears and Roebuck store is one of the first well renowned retail stores to ever open up. The store started off as a mail order business that sold things such as clothing, shoes and household items in their very own catalog. Their first retail store opened up in 1925 and branched from a clothing catalog with household items to a large retailer. Since then it has had success with the addition of automotive, lawn and garden as well as optometry.

Retail sales tend to increase every year with the addition of new stores coming onto the market. Clothing and mass merchant stores such as Wal-Mart tend to have significant increases in retails sales by their main selling points that reel customers in are their commitment to have the lowest prices and also to remain competitive with other merchants that sell the same or similar items.

China Auto Parts Industry 1h11 – Overview,trends,analysis,outlook And Swot

Emerging Markets Direct released their latest China Auto Parts Industry Report 1H11 . China overtook the US as the worlds largest automotive market in 2009. The Chinese market was expected to grow by 24% to 17 million vehicles in 2010. Boosted by the overall development of the automotive industry, the auto parts industry has been experiencing rapid growth and changes in the past few years. Ever since Chinas accession into the WTO, foreign auto giants have flocked to China to secure the market share.

ASEAN, and other Asia-Pac countries together take up Chinas largest components. In the first quarter of 2010, it went up to USD1.8 billion, which constituted 30% of total exports. North America continues to hold the top ranking for brakes,tires and other mechanical parts which generated around one-forth of the aggregate sales in the first three months of 2010. While EU was the second largest market for brakes and electronic parts, just behind North America and Asia-Pac.

For the period between 2002 to 2008, auto parts manufacturers registered an annual growth of 20% per annum, while the total value output of auto parts reached RMB1.2 trillion, up 26.7% from 2008. The strong growth in the industry has attracted a pool of companies to join the arcade and has resulted in foreign companies accounting for seven out of the ten biggest component companies operating in China . The manufacturers sprout out in almost every part of the country and widely dispersed.

Make Your Career In Automobile Engineering

Automobile Engineering, a branch of vehicle engineering, deals with different elements of electrical, electronic, software and safety engineering. In this stream, a student learns how to design, develop, manufacture, test and repair and service automobiles. Today the demand of automobile engineer is growing day by day because India has emerged as the global hub of automobile and autocomponents manufacturer. An automotive engineer is involved in almost every aspect of cars and trucks designing from the initial concepts to manufacturing them. We can divide this engineering into three main streams for e.g. product engineering, development engineering and manufacturing engineering. Production engineers are commonly known as design engineers that focus on the design components and systems of a car. As a Development engineer, one may involve in various attributes of a car with performance, durability and speed. On the other hand, the manufacturer engineer is involved with how to make and construct various vehicles.

After completing Automobile Engineering from the top institute, a student has excellent job prospects. If an individual has some knowledge in IT, then he can work in designing, CAD, CAM, ERP, testing etc. And as well as if he has MBA degree, he can work as senior manager materials, SCM, CRM, Operations, production, planning and control, tester, consultant and many more. The career options for automobile engineer are Safety engineering, Emissions Research or Controller, performance engineer, Systems engineer, Operations Research, Vehicle Manufacturing Engineer etc.

Sharda University (SGI), the NCRs largest educational group, also offers B.Tech (automobile engineering) program. This engineering college provides various excellent facilities to the students for e.g. superior quality labs and workshop facilities, world class infrastructure, distinguished faculty members, excellent placement support, soft skills and career skill training, project work, seminars, guest lectures etc. The SGI Institute envisions an ambience of excellence, inspiring value based education, research and development. It also provides excellent support in the placement of students in the top companies of India and abroad. This institute delivers basic education with Application based learning by utilizing Modern Practices.

Learn Time Management Strategies to Rescue Yourself!

Nearly 75% of my executive coaching clients say something like this at our first session: “I know we’re supposed to talk about leadership. But can you help me with time management? I’m drowning in emails, I’m in meetings all day, I don’t know when I’ll get it all done, and I’m falling further and further behind!”

Unfortunately, many people in professional positions face similar situations. Statistics reveal that nearly 88% of people report having a hard time juggling work and life (1) and nearly 80% of medical expenditures are stress related (2).

Wow! Clearly our normal time management methods are not working.