VUCA stands for Volatility, Uncertainty, Complexity, and Ambiguity. A VUCA environment is characterized by a high degree of unpredictability and change. Further, That makes it difficult for organizations to anticipate and respond to challenges and opportunities.
Month: January 2023
Let’s start to learn about 5s and 7s. 5S is a Japanese tool that become evolved by Toyota as part of their lean production system. 5S is an improvement tool for organizing & maintaining a disciplined, safe, clean and productive workplace.
To effectively utilize a company’s short-term assets and liabilities, working capital management is an essential function. E-commerce and other online marketplaces brought in a new era of optimization and efficiency in the management of a company’s working capital.