Business Management Questions

Business Management Questions

Answer of Question 1:

Steven Covey in his famous book The Seven Habits of Highly Effective People suggests sharpening the saw i.e. balancing of the physical, social/emotional, mental and spiritual areas of life, as one of the habits of highly effective people. Most of the people neglect it because of the busyness of our lives and hence it is required from us to be proactive and make these areas our priority. In this regard, some steps that can help include scheduling less of the time i.e. instead of scheduling 110% of the time available, it is good to schedule 75% of it. Furthermore, doing something enjoyable everyday such as having lunch with a friend, going for a walk, reading a good book etc. can also be of help.

Answer of Question 2:

In relation to an example of how the four dimensions mentioned by Covey work together for the achievement of a balanced renewal of my life and work, the manner in which I plan my day can serve as an example. I get up early in the morning so that I have time for exercise to tune my body which is followed by a healthy breakfast while in the lunch or dinner I also make sure that the food is healthy. This takes care of the physical dimension. Rising early also gives me an opportunity to go out for a walk at times so that I can be close to nature which helps in the taking care of the spiritual dimension. The mental dimension is taken care of by the studies that I am undertaking and also by the readings that I indulge in regularly. The last of the four i.e. the social/ emotional dimension is achieved when I join my friends and take out time for my family.

Answer of Question 3:

The upward spiral model of Covey has three parts such that it requires first learning, then committing and then taking action and for this purpose it is required that the conscience is increasingly educated. On the other hand, Deming's PDCA is also a continuous cyclic process that requires first planning, doing, checking and then acting. In this model too, the result is constant improvement which is common with the upward spiral model of Covey.

Answer of Question 4:

Chapter 12-17 of Senge's Fifth Discipline is mainly concerned with the best practices from lessons learned the ...