Saturday, December 11, 2010
Recommendation for Reliance share
http://mmb.moneycontrol.com/stock-message-forum/relianceindustries/comments/322How is the reliance share is doing ?
Thursday, December 9, 2010
Six Sigma implementation in reliance
Six Sigma initiative in February 2004. Six Sigma was deployed across all aspects of businesses,
manufacturing and service functions to help us improve processes, boost
productivity, reduce inventory and improve quality.
• A team of 25 full-time Black Belts is spearheading cross-functional
high impact projects throughout the company.
• Benefits from ongoing projects have been assessed at Rs 140 crore.
• Three of their Six Sigma projects were rated as the top three projects at
the 50th year celebrations of the Indian Statistical Institute, Bangalore in March
2005.
• One Six Sigma project at Hazira has won an award at the American
Society for Quality conference held at Seattle in 2005.
• By March 2006 we plan to train about 40 percent of our supervisory
staff in Six Sigma methodology. This will motivate them to work towards achieving
world-class performance. In turn, this is expected to bring about
increased satisfaction for the customer and the shareholder.
Monday, November 29, 2010
Road Map: Long term Plan
1. Embed life cycle and systems thinking in all business processes
2. Reduce environmental footprint by deploying appropriate systems and technologies
3. Move towards a low carbon business enterprise
4. Strengthen the talent pool to cater to our diverse and integrated nature of business
5. Create a triple bottom-line accounting system
2. Reduce environmental footprint by deploying appropriate systems and technologies
3. Move towards a low carbon business enterprise
4. Strengthen the talent pool to cater to our diverse and integrated nature of business
5. Create a triple bottom-line accounting system
Road Map : Short-term plan
1. Form a sustainability council as an apex body to give impetus to our sustainability strategies
2. Identify and develop measurable goals for sustainability performance indicators
3. Give a structured approach to our social initiatives
4. Create a pan-RIL system for managing organizational knowledge assets with the objective
of empowering every employee with connective organization knowledge for delivering
superior performance
5. Create a sustainability portal for e-enabling data and information collection
2. Identify and develop measurable goals for sustainability performance indicators
3. Give a structured approach to our social initiatives
4. Create a pan-RIL system for managing organizational knowledge assets with the objective
of empowering every employee with connective organization knowledge for delivering
superior performance
5. Create a sustainability portal for e-enabling data and information collection
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