Some recent changes both in India society and generally in the world have forced organizations to seriously consider the dimensions of effectiveness rather than be limited to efficiency alone. This requires readiness to confront a highly turbulent environment and creative decision making. And requires a different set of roles from the top executives to be effective and achieve several goals and to make necessary impact on environment. Elaborate these roles especially in context of Institution Building.
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
Some recent changes both in India society and generally in the world have forced organizations to seriously consider the dimensions of effectiveness rather than be limited to efficiency alone. This requires readiness to confront a highly turbulent environment and creative decision making. And requires a different set of roles from the top executives to be effective and achieve several goals and to make necessary impact on environment. Elaborate these roles especially in context of Institution Building.
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