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Why Core Engineering matters more than it gets now?

 Why Core Engineering matters? Today we are known best in international fora as people who are good at IT and ITES jobs. India gets most of its foreign earnings through workforce employed in such jobs abroad. It started in 1995s and though many would not have given a prediction that this would be by far the wealth creator for India, it has belied all and has been our primary source of wealth generation, especially foreign exchange. I would put all the investment from foreign firms in India into such related services. Will it last for more years? – YES definitely so. Will it give our nation a great voice in the international arena? – Question remains., Let’s stop a while and go to look towards China , which focused on building products, at the same time we were focused in IT and ITES. The Chinese were not a great IT services nation, and their products in 1990s hardly gained international reputation. They were prone to failures and as a brand they had very low value. Look whe...
  Will we get to see another TOYOTA? The TPS or the TOYOTA PRODUCTION SYSTEM as we know is the key to Toyota’s success. Fully gaining the benefits of the Toyota Production System requires a full transfer of Toyota’s practices and methods, including several factors unique to Toyota which are often forgotten. While many companies attempt to implement the Toyota Production System (TPS), they often fail because they do not realize that you need to put the entire system in place, and not just bits and pieces of it, to gain the same type of culture and process improvement that Toyota can boast of. One of the greatest strengths of TPS is the use of the bottoms-up approach, where employees are free to identify and implement processes to improve processes , resulting in more streamlined steps and greater quality. Where there is plenty of literature on how other companies often struggle to put this into practice, due to a lack of trust and true two-way communication , two often ignore...