Employee retention strategies to significantly reduce attrition rate are shown on the below diagram. The process of employee retention starts earlier than employee onboarding. A lot of companies, have a pre-placement questionnaire for the interviewees that helps identify the best fit. This will help down the line withe employee retention.
To minimize employee attrition it is important to be aware of the root causes of Employee Attrition. These include mismatch of job of the person. Lack of investment in to employee in terms of training. Poor culture and management, indadequate pay.
Employee Retention tips to prevent attrition diagram
Here are the key interview preparation steps. This will help you pass the interview: 1. Research the company you are applying to. 2. Practice answers to most frequently asked questions. 3. Know your resume and your past experience well and be able to present impact of what you’ve done in the past, 4. Practice charm. The below diagram depicts some of the steps to ensure you pass the interview
You need to present your best self in an interview and increase your chances of employment: Conduct research. Dress appropriately. Bring a notepad, and copies of your resume. Be prepared for hard questions (don’t give a generic I am a perfectionist answer when asked about your weaknesses). Prepare your questions as it shows your interest and what you care about. Use facts and figures to show your achievements. All of this will help you pass the interview. The diagram below summarizes steps on how to pass a job interview.
How to Increase Profits for a Business – in short increase revenue and decrease costs. You need to generate more sales while reducing expenses. To increase sales invest into Marketing, improve sales employee performance, try to sell more items and or see if you can upsell and expand product offering.
Reducing costs, means being more effective operationally, which means reducing waste, doing things just in time, maximizing your employee productivity. All this should lead to more profit. The below diagram depicts ways to increase your company’s profits.
Kanban lsts things when they are done, while Scrum uses Sprints to break down and plan the work.
Kanban methodologies are continuous and more flexiable, whereas scrum is based on short, structured work sprints. Both are agile concepts. The below diagram summarizes the difference between Kanban and Scrum.
Types of Critical Thinking Skills Observation. A key type of critical thinking skill involves observation — you use this to gather information about a… Analysis. Analysis is another component of critical thinking. It is a way to evaluate what it is that you observe, for… Inference. Inference is …
types of thinking – Creative thinking, critical thinking, analytical thinking, divergent thinking, convergent thinking, holistic thinking, linear thinking
Observation. A key type of critical thinking skill involves observation — you use this to gather information about a process, for example. There are basically two types of observation, direct and participant. Direct observers try not to engage with a process, while participant observers may interact.
A bottleneck analysis is a process understanding where issues occure in the flow of products or process especially where the work takes longer to complete.
Process bottlenecks are among the reasons why processes slow down, projects get delayed, cost overruns occur, and the whole process becomes unpredictable. Instead of fighting the symptoms, try to understand where the bottleneck occurs by creating a simple bottleneck analysis and then trying to solve for the issues that cause the bottleneck in the first place.
It’s important to know what kind of Lean Six Sigma project you’re considering. These are 5 classic project types to help you decide. If you’re looking to conduct a Green Belt or a Black Belt project, then you should be working on a Process Improvement Project.
The focus here is on four kinds of “trees” or hierarchical diagrams that become part of many Six Sigma projects: Cause-and-effect diagrams Y-to-x flowdown diagrams Functional analysis diagrams Abstraction diagrams (KJ or affinity)
The focus here is on four kinds of “trees” or hierarchical diagrams that become part of many Six Sigma projects: Each of these trees has a specific thrust and strength that can be surprisingly challenging to capture when a project team tries to build one or more of them.
250+ Critical Thinking Interview Questions and Answers, Question1: Tell us how does curiosity fit in with critical thinking? Question2: Tell me what good is curiosity if we don’t know what to do next or how to satisfy it? Question3: Are we willing to learn the new concepts and ideas?
Being a critical thinker is about escaping your bias and seeing things outside of your personal perspective. It is thus very important to avoid leading the question, in an area you want it to go. Keep your questions as neutral as possible and don’t allow any definitive language to creep into the question. Such as using the following:
One important part of critical thinking is to have the ability to come up with multiple solutions to a single problem. This question helps an employer assess if you have this ability. Answer this question by showing that you are understanding of other’s learning styles.
The DMAIC process follows 5 phases, which are foundational for the process improvement efforts, setting goals, and analyzing results. The five phases are: 1. Define, Measure, Analyze, Improve and Control.
What Does DMAIC Stand For? It represents the 5 phases that make up the lean six sigma process improvement methodology.
These are frequently asked behavioral interview questions and sample answers. Remember that the interviewer is trying to understand not only how successfully you solved issues but also the approaches and skills you used to do so. Tell me about a time when you handled a challenging issue. Tell me when you made a mistake and what did you do about it.
Behavioral questions help interviewer learn how you would respond to a specific situation in a workplace, and how you would solve issues to achieve results.
Follow these rules for proper business meeting etiquette: Be punctual. Dress professionally. Come prepared. Speak loud enough. Actively listen. Participate. Follow the agenda. Ask questions at the right time.
Whether they are recurring or one-off meetings, everyone ishould follow proper business etiquette guidelines. Before the meeting, it is important to have everything organized so you don’t waste anyone’s time. Setting an agenda is the first step.