Management & Technology

INTRODUCTION

Today for any organization, big or small, whether functioning in the public or private sector, manufacturing goods, or providing services, the state of health of the organization is determined by its financial results. Maintaining continuous financial viability is the indicator of a successful organization through revenue maximization and cost reduction. The rapid economic growth and the unprecedented rate of changes in the field of technology have converted the entire world into a global village. The sun never sets on the globe now, curtsey computer and Information Technology. Globalization of Economy is now an irreversible thing. This Unprecedented Rate of Change requires Managing Uncertainties in an ever-growing competitive environment!. Adequate knowledge and optimal management of Finance has emerged as the only single largest solution for ensuring the survival of any organization and empowering it to still remain competitive. The engineers and executives, who play a major role in the productivity of the establishment, generally remain confined to activities related to technology and productivity. They generally do not get exposure/opportunities on the financial matter which they are now many times called upon to do like, Cost estimation, preparing financial documents on new projects, inventory analysis, financial audit etc. The knowledge on finance equips them to make judicious use of scarce resources most economically and to lead with confidence, in the present era in which the role of the manager is shifting from manager to that of leader or a change agent. Regular exposure on a financial function to non-financial executives will enable them to look at the issues from the financial perspective also, thus enhancing the effectiveness of their decisions. ESCI saw an opportunity to address this felt need, through a professional development programme. The outcome of this to sensitize them on issues related to financial function so that they can participate more actively as members of multi-functional teams and to contribute.

INTRODUCTION

Worldwide, welding is a multi-billion dollar fabrication technology, used extensively in the construction of buildings, bridges, manufacturing automobiles, aircraft, aerospace applications, power & energy sector, shipbuilding, and electronic industries. Defects in welds or poor performance of weld can lead to catastrophic failures with costly consequences including losses to property and life. Virtually every manufacturing industry uses welding process at some stage of manufacturing or in repair or maintenance of process equipment like Industrial Boilers and heavy duty welding of steels plates for ship building etc. Non-destructive Testing is the most versatile tool to assess quality of components and to ensure their reliability in service. The increasing applications of Non-Destructive Testing Methods necessitate that the tests and evaluation of components are conducted by competent personnel ensuring uniformity of practice and soundness of technical approach. The competence of personnel involved can only be ensured by exposing them to systematic training in the science and practice of non-destructive evaluation. In view of the multi-disciplined background and varying experience of entrants to the field of NDT, the course has been developed from fundamentals through advanced.

INTRODUCTION

Design skill is at the core of mechanical engineer and is essential to any mechanical engineer. However, 'DESIGN' has a broader meaning that needs to be clarified.

ï‚· Design, to a mechanical Engineer typically includes all the following: ï‚· Research ï‚· Design requirements ï‚· Feasibility ï‚· Conceptualization ï‚· Preliminary design ï‚· Detailed design ï‚· Design for manufacturability ï‚· Production planning While all the above aspects involve a certain amount of skill and creativity these need a systematic approach, which depends on sound understanding of engineering principles. On the other hand, the development of a good concept & design additionally require a certain amount of ingenuity, which not everyone possesses and is not something that can be easily acquired. An understanding of the physics behind design plays an all important role in the carrier of the designer. The course aims to enable such capabilities in the Engineers.

INTRODUCTION

In today’s increasingly change-driven world, leaders are called upon to evolve their mindsets and skill-sets to reflect and serve the demands of the new millennium. A novel leadership concept, creative leadership, is surfacing these days and becoming extremely successful to augment the shortages of conventional leadership continuum. What is creative Leadership how it can be defined and understood, acquired, and then how it can be placed in context within the history of the field are certain questions that one would want to know. Additionally, skills and behaviors related to leading creatively, which are immediately applicable to leadership practice, must also be outlined and acquired. Successful organizations owe their success mainly to good teamwork. Individual brilliance is no doubt an asset but if it is complemented with teamwork, the results would be of a superior order. Hence, the ability to build strong and winning teams should be nurtured in every organization. The acronym TEAM means “Together Everyone Achieves More�. It is also rightly said that “None of us is as good as all of us� – indicating that teams are always superior to individuals. Less “I� and more “WE� in organizations is the key to sustained success and excellence. Team building is an important factor in any environment, its focus is to specialize in bringing out the best in a team to ensure self-development, positive communication, leadership skills and the ability to work closely together as a team to problem-solve.

INTRODUCTION

Problem Solving, Conflict Resolving, and Decision Making are the core competency of any effective executive. Understanding, learning, and mastering these PS CM and DM skills, build the potential of the executives towards a senior Leadership role. While the Environment, Education & Experience are on one axis of the Business Success Matrix, Change Challenge and Communication are on the other Axis. The process of Interaction and integration of these parameters on the matrix, results in Problems Solving (PS), managing Conflicts (CM) and Decision Making (DM). Managing and mastering the art of PS CM and DM is the secret to success,. Therefore, learning to manage PM CM and DM is integral to enhancing peak performance.